Are You Following These Tax Tips for Your Retirement?

Taxes are an inevitable part of life, and they don’t go away when you retire. In fact, you will need to learn to think about your taxes differently, as your income shifts from something you receive from an employer to something that comes in installments. Yet many people in their golden years have no idea how to plan for taxes during their retirement. According to a recent survey by Nationwide Retirement Institute, almost three-quarters of retirees are only somewhat knowledgeable or not knowledgeable at all about taxes in retirement. The good news is, retirement gives you a lot of control over your tax liability because you decide when to access most of the money available to you at this tim

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