I’m not saying it doesn’t require some planning, but completely avoiding taxes on $100,000+ of retirement income is far more attainable than you might think. As you can imagine, creating a “zero-tax year” comes down to knowing the ins and outs of the US tax code. However, with the right combination of income from various accounts, the IRS can be
Will your appetite for activity and adventure be the same at age 65 and 85? One can certainly hope, but the honest answer is probably not. Just like in life, retirement has its progressions. Naturally, in the early years we’re energized and eager to make the most of our newfound lifestyle flexibility. Once we’ve sewed some wild oats, we’re happy
Fully embracing retirement requires some serious mental gymnastics. For most of us, reaching retirement represents the culmination of years–often decades–of diligent saving. Then, almost overnight, we’re expected to switch gears entirely, and seamlessly transition to a mindset of spending. As a result, retirement brings about two equally painful ironies that need confronting. Our ability to fully embrace retirement hinges on
