Tax Planning In Retirement - How To Save On Taxes
Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)
Ari Taublieb, CFP®, MBA
4.7 • 585 Ratings
🗓️ 14 March 2022
⏱️ 15 minutes
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| 0:00.0 | Welcome to the early retirement show. If you are a long time listener, thank you. And if you are new to the show, as a reminder, this show is dedicated to helping you retire early, otherwise known as the show dedicated to helping you understand what you have to do to be in a position where you are financially free, where work is now optional. So whether you are a few years out from retirement and you just want to know everything to prepare |
| 0:25.5 | for that big date or you're new in your journey and you want to get a head start on maximizing |
| 0:31.9 | what you've worked so hard for throughout your life, this is the show for you. |
| 0:36.3 | So we discuss everything from investments to |
| 0:39.2 | taxes to insurance and everything that comes in between. So without further ado, let's go |
| 0:44.8 | ahead and hop into today's episode. Welcome back to the early retirement show. And in today's |
| 0:50.9 | episode, we're going to be talking about taxes and specifically how you can lower them |
| 0:55.3 | and not pay a dime more than you need to especially with tax time coming up so if you've already filed |
| 1:00.6 | your return no problem this is just going to be helpful information especially for next year and just |
| 1:05.4 | things to consider when filing taxes really at any time but if you have not filed yet certainly |
| 1:10.6 | want to listen to this |
| 1:11.6 | episode to understand how you can save on taxes. Now, today's episode is going to be referencing |
| 1:16.9 | a checklist for a portion of it. So reminder that this will be in the description below. So if you're |
| 1:22.6 | not following long or you go, Ari, I don't even know what you just said. That did not sound like |
| 1:26.1 | English. No worries at all. |
| 1:28.2 | In the description, you will be able to click, and I've included a link there so that it's just a |
| 1:32.9 | drop box where you can go in and see what issues should you be considering when reviewing your |
| 1:38.4 | tax return, just making sure that everything is being reported properly, but also making sure |
| 1:43.5 | you do not leave anything on the table. but also making sure you do not leave anything |
| 1:45.0 | on the table. Because by making sure you report everything, one, you're avoiding any potential |
| 1:50.5 | penalties or additional taxes, but two, you are taking advantage of all of the deductions that |
| 1:56.3 | are available to you because by reporting everything properly, it's where either you or your tax preparer |
... |
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