<p>Imagine a retirement filled with beach strolls and golf course mornings. But lurking in the backdrop is an often underestimated challenge: Taxes! This uninvited guest can cast a shadow over your financial dreams, but you&#39;re not alone. On today&#39;s episode of &quot;Financial Breakaway,&quot; we&#39;re turning tax confusion into tax mastery. </p> <p> We&#39;ll skip the dry numbers and dive into actionable strategies to help you keep more of your hard-earned savings. You&#39;ll learn how to dance around tax pitfalls with ease and ensure your retirement is as golden as you&#39;ve envisioned.</p> <p> Topics Discussed:</p> <p><br></p> <ul> <li><strong>Understanding Retirement Income Sources &amp; Its Tax Implications</strong>: Dive into the differences between tax-deferred and tax-free accounts, and see how your pensions, annuities, and investments interact with your tax bill.</li> </ul> <ul> <li><strong>Cory &amp; Claire’s RMD Cliffhanger</strong>: Discover how to handle Required Minimum Distributions without tipping your income into a higher tax bracket. </li> <li><strong>Mike &amp; Mary’s State Swap Strategy</strong>: Learn how moving states could significantly reduce your tax obligations on Social Security and more. </li> <li><strong>Dave &amp; Dawn’s Deduction Dive</strong>: Explore advanced deduction strategies to maximize your returns and minimize your taxable income. </li> </ul> <p>Every scenario and strategy is tailored to empower you with the knowledge to navigate the taxing waters of retirement confidently. </p> <p> Let’s get into it.</p> <p><br></p> <p>Ryan Hitchcock</p> <p>Financial Planner</p> <p>  High Point Capital Group <p>Direct: 414-253-4611 <p>rhitch@hpcg.com</p> Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Past performance is not a guarantee of future results.</p> <p>Securities and investment advisory services offered through Osaic, Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.</p> <p>1200 N. Mayfair Rd., Suite 300, Milwaukee, WI 53226. Phone: 414-253-4600.</p>

Financial Breakaway: Your Clear Path to Retirement

Ryan Hitchcock

Tax Mastery in Retirement: Strategies for Successful Planning

APR 29, 202421 MIN
Financial Breakaway: Your Clear Path to Retirement

Tax Mastery in Retirement: Strategies for Successful Planning

APR 29, 202421 MIN

Description

<p>Imagine a retirement filled with beach strolls and golf course mornings. But lurking in the backdrop is an often underestimated challenge: Taxes! This uninvited guest can cast a shadow over your financial dreams, but you&#39;re not alone. On today&#39;s episode of &quot;Financial Breakaway,&quot; we&#39;re turning tax confusion into tax mastery. </p> <p> We&#39;ll skip the dry numbers and dive into actionable strategies to help you keep more of your hard-earned savings. You&#39;ll learn how to dance around tax pitfalls with ease and ensure your retirement is as golden as you&#39;ve envisioned.</p> <p> Topics Discussed:</p> <p><br></p> <ul> <li><strong>Understanding Retirement Income Sources &amp; Its Tax Implications</strong>: Dive into the differences between tax-deferred and tax-free accounts, and see how your pensions, annuities, and investments interact with your tax bill.</li> </ul> <ul> <li><strong>Cory &amp; Claire’s RMD Cliffhanger</strong>: Discover how to handle Required Minimum Distributions without tipping your income into a higher tax bracket. </li> <li><strong>Mike &amp; Mary’s State Swap Strategy</strong>: Learn how moving states could significantly reduce your tax obligations on Social Security and more. </li> <li><strong>Dave &amp; Dawn’s Deduction Dive</strong>: Explore advanced deduction strategies to maximize your returns and minimize your taxable income. </li> </ul> <p>Every scenario and strategy is tailored to empower you with the knowledge to navigate the taxing waters of retirement confidently. </p> <p> Let’s get into it.</p> <p><br></p> <p>Ryan Hitchcock</p> <p>Financial Planner</p> <p>  High Point Capital Group <p>Direct: 414-253-4611 <p>[email protected]</p> Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Past performance is not a guarantee of future results.</p> <p>Securities and investment advisory services offered through Osaic, Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.</p> <p>1200 N. Mayfair Rd., Suite 300, Milwaukee, WI 53226. Phone: 414-253-4600.</p>