Tax-Free Retirement

Accumulation Phase

Distribution Phase

Picture saving for years on end for your retirement, only to have taxes slowly (or quickly!) erode your hard-earned nest egg. Each dollar is crucial when you’re retired, and the last thing you’d want is for taxes to reduce the wealth you’ve earned and deserve to enjoy.
This is why managing your tax liabilities, both before and throughout your retirement, is paramount for a successful retirement.
Our approach involves a careful assessment of your tax-exempt accounts like Roth and Health Savings Accounts, as well as the tax implications of other tax-advantaged income sources, including traditional IRAs, 401(K)s, pensions, and profit-sharing plans. Alongside this, we also consider alternative strategies like cash value life insurance, which offers tax-free income in the form of policy loans that can expand your financial flexibility in retirement and fill in any gaps.
We then determine the proper sequence of withdrawals from your range of accounts, timing these withdrawals to align with years where your tax bracket is lower. By doing so, we can create periods where you don’t have taxes at all, and in other years, your obligation will be minimized by keeping you in a lower bracket. Years in which you’re in a higher tax bracket can be subsidized with cash-free policy loans.