3 Common Tax Mistakes Retirees Make & How to Avoid Them [With Real Client Example]

Taxes are a huge part of retirement and how successful your financial plan will be.
After working with hundreds of retirees, I've noticed a few areas that people often overlook. In this video I break down 3 of them: RMDs, Taxation of Social Security Benefits, and a Tax-Efficient Withdrawal Strategy.
I review a real client example using our planning software, RightCapital, to show just how big of an impact #3 can make over a lifetime.
Links:
RMD Calculator: www.investor.gov/financial-to...
IRMAA surcharge brackets: secure.ssa.gov/poms.nsf/lnx/0...
Estimate your Social Security benefit:
www.ssa.gov/prepare/plan-reti...
*This video is educational and not to be taken as tax, legal or investment advice*
Visit our website at www.sparkwealthadvisors.com to learn more about us