Do you know the difference between tax planning and tax advice?
Although many people don’t enjoy doing taxes or even thinking about it, tax planning can have a big impact on your financial life — both now and down the line.
Today, Jeremy Keil dives into the world of taxes, highlighting the differences between tax advice and tax planning and explaining why tax planning is important, especially as you plan for your ideal retirement.
In this episode, you’ll learn:
- Ways you can control your taxes before and after retirement.
- What “effective tax rate” means
- How taxes change after retirement
- How social security impacts your marginal tax rate
Join Jeremy now and get ready to take charge of your tax planning as you work towards building your ideal retirement!
Related: Planning Ahead for Social Security