Why Taxes Often Go Up in Retirement, and What Planning Ahead Can Change (Ep. 194)

Many people enter retirement expecting their taxes to decline, but for many retirees, the opposite happens. In this episode, Larry explains why retirement income often becomes more taxable over time and how a lack of coordination can quietly increase stress, healthcare costs, and long-term tax exposure. Watch the Video Version Listen to the Audio Version […]

Why Taxes Often Go Up in Retirement, and What Planning Ahead Can Change

Many people enter retirement expecting their tax bill to shrink. After all, the paycheck stops, so taxes should follow, right? In reality, retirement often introduces more income sources, more complexity, and more opportunities for taxes to quietly chip away at cash flow. Without a coordinated plan, retirees may find themselves paying more than expected, often […]