Social Security, Taxes & Your Retirement

In this segment of the financial talk show, Right On The Money, investment advisor Brian Minier explains the potential future impact of taxes on your retirement.

If you think taxes will go up in the future (which most financial experts agree will likely happen), you should be aware of the impact they may have on your retirement plans.

In this video, Brian discusses the impact of taxes on Social Security benefits, Social Security claiming strategies that can increase your benefits, and how Social Security should be considered in relation to your other sources of retirement income. He also addresses Roth IRAs as a good means of lowering your taxes in retirement, and the unique benefits of whole life insurance policies as a source of tax-free retirement income.

Watch the video here to learn more about this important topic:

 

For more about Social Security planning and how we can help, click here.

Have questions? Want to speak with a financial professional and make sure you are on track to maximizing your retirement income? Contact us today for a FREE financial strategy session!