Investing Insights

How to Retire: Prioritize Tax Planning in Retirement

Oct 23, 2024

23:58

Christine Benz, Morningstar’s director of personal finance and retirement planning, interviews financial experts about different aspects of retirement in ‘How to Retire,’ the companion podcast to her book of the same name. In this episode, Christine talks with financial planning expert Jeff Levine about the importance of tax planning in retirement.

Why Tax Planning is Key When Withdrawing from Your Retirement Portfolio

Will Your Taxes Decrease in Retirement?

Key Tax Strategies for Retirees Before They Have to Take RMDs

Do Rules of Thumb for Retirement Spending Make Sense?

How to Lower Your RMD Tax Bills

How Qualified Charitable Distributions Can Help Lower Your Tax Bill

Key Takeaways

Hi, I'm Christine Benz from Morningstar and welcome to the How to Retire podcast. It's a companion to my book, which is also called How to Retire. Each episode will provide a bite-sized lesson about how to do some aspect of your retirement well.

Today's episode will focus on the tricky topic of tax planning during retirement. To tackle this topic, I reached out to Jeff Levine, who is Lead Financial Planning Nerd at Kitces.com, and also serves as Chief Planning Officer at Buckingham Wealth Partners. Jeff is exceptionally good at explaining complex tax matters, so I knew that he would do a great job of delving into this topic.

More from Jeff Levine

Bio

Kitces.com

Buckingham Wealth Partners

Jeff Levine on The Long View: Smart Tax Moves for 2023 and Beyond

Read more from Christine Benz.

How to Retire: Tips for Entering Retirement

The Big Retirement Myth

Can You Control Required Minimum Distributions?

8 Little-Known Facts About RMDs

An Investing Road Map for Retirees

Read about topics from this episode.

4 RMD Mistakes to Avoid