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May 31, 2023 17 mins
Do you think taxes are going up or down over the course of your retirement?  After surveying thousands of people, we found that overpaying in taxes is one of the greatest concerns among those preparing for retirement. In this part two of a three-part series called The Three Don’ts Of Retirement, J. Barry Watts explores ways to reduce your total tax bill throughout your retirement, especially with the current income tax rates expected to rise in the future. Barry discusses: The problem with IRAs and 401(k)s and their impact on retirement savings Why required minimum distributions (RMDs) are like a ticking tax time bomb strapped to your retirement How to take advantage of tax-free accounts Latest changes in tax rates and brackets And more Resources: The Three Don’ts: Burden Your Family (Ep. 59) Connect With Barry Watts: Schedule an Introductory Call  800-278-1755 LinkedIn: J Barry Watts LinkedIn: WealthCareCorporation Twitter:@jbarrywatts
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