Most Retirees Are SHOCKED When They Learn This Social Security Tax Trap

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Most Retirees Are SHOCKED When They Learn This Social Security Tax Trap

Up to 85% of your Social Security can be taxed - and it starts at just $32,000 of income for Gen X retirees.

In this video, Dr. Preston Cherry (CFP®, Ph.D., Top 10 Investopedia Advisor) explains how IRMAA, RMDs, and Social Security tax rules can blow up your retirement income plan  - unless you coordinate ahead of time.

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This isn’t just about saving more - it’s about coordinating smarter.

What You’ll Learn in This Video 👇
✅ Why Social Security isn’t tax-free (for high-income Gen Xers)
✅ What IRMAA is — and how it quietly spikes your Medicare premiums
✅ How Required Minimum Distributions (RMDs) trigger a triple tax hit
✅ How to avoid the most common tax traps in early retirement
✅ The 3-step strategy to lower your lifetime tax bill (and stress)
✅ Smart withdrawal sequencing using Roths, brokerage, and QCDs
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Who Is This Video For?
📌 Gen X professionals (50s - early 60s) preparing for retirement
📌 Households earning $200k+ or holding $500k+ in retirement assets
📌 Couples unaware of IRMAA, RMD, and Social Security tax overlaps
📌 Anyone confused about how retirement income is actually taxed

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🚨 Gen X, older millennials & pre/early retirees, with $250k+ household income and $500k+ assets... Ready for a personalized plan? Book your FREE retirement readiness call 👉 https://www.concurrentfp.com/

Want clarity & control without $6K+ annual advisor fees? Join my Financial Harmony™ membership for $115/month 👉 https://www.concurrentfp.com/financial-harmony-membership/

Take the Gen X Retirement Readiness Quiz...📊 https://concurrentfp.typeform.com/genx-scorecard

👉 Subscribe for weekly, values-aligned wealth insights: @DrPrestonCherry
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