Many baby boomers may be under estimating an enormous expense. Here to explain retirement taxes is Ryan Thacker from BOSS Retirement Solutions.
“It’s gonna hit you like a ton of bricks and you may not even see it coming, it’s taxes in retirement” says Ryan.
“Taxes on your Social Security benefits, taxes on your investment income, taxes taxes taxes.”
Failing to plan for retirement could end up costing tens of thousands of dollars in retirement.
Here is what to do. An accountant prepares your taxes at the end of the year, but if you want to legally pay fewer taxes in retirement you need a forward-looking tax strategy. An investment tax strategy that is forward-looking helps save tens of thousands of dollars possibly more on your IRA or 401k
Check out what a forward-looking tax analysis looks like from BOSS Retirement Solutions. Call 801-701-8881 or visit BOSSRetirement.com
This article contains sponsored content.