Episode 5: How Retirement Income Is Taxed — What Most People Don't Know

Most people plan carefully for what they'll have in retirement — but not for what they'll keep. Taxes in retirement are more complicated than most people expect, and the mistakes are expensive.

In this episode, I walk through how your different income sources are taxed in retirement: Social Security, IRA withdrawals, Roth distributions, investment income, and required minimum distributions.

In this episode:

▸ How much of your Social Security benefit is actually taxable

▸ How traditional IRA and 401(k) withdrawals are taxed

▸ Why Roth distributions are different — and when they matter most

▸ Required minimum distributions and how they affect your tax bracket

Episode 5 of the Retirement Transition Series — 12 short episodes for people who are 5–10 years from retirement.

▶ Next: Episode 6 — Roth Conversions Before Retirement

▶ Watch Episode 4 → When Should You Start Social Security?

Ready to build your retirement income plan? Schedule of Retirement Plan Fit Call