fbpx
Skip to main content
Created: January 15, 2022
Modified: May 14, 2024

Are You Paying Too Much in Taxes?

On this episode of Better Money Atlanta on WSB-TV, Joel Johnson, CFP® discusses taxes in retirement. There are things you can do to ensure you aren’t paying too much in taxes pre-retirement and during retirement.

A few ways to control some of the taxes we pay are:

  • Staying on top of Congress’ yearly tax changes
  • Being aware of where you put your money while saving and what order you take it out in
  • Having a financial plan that exposes how much you’re going to pay in taxes, when you should take Social Security, and how different assets are taxed

Information presented in our podcasts is considered current as of the created date. Over time, some information presented may become stale. We recommend you consult with your Financial Professional before making any changes based on information contained here.

Johnson Brunetti is a marketing name for the businesses of JB Capital and JN Financial.

Investment Advisory Services offered through JB Capital, LLC. Insurance Products offered through JN Financial, LLC.
The guarantees provided by any type of insurance contract are based on the claims-paying ability of the insurance company.

Resources by Topic
Share

Related Resources

  • Frequently Asked Social Security Questions

    Almost every American is impacted by Social Security in some way, so it’s no wonder that it’s one of the most frequently asked topics in retirement planning. When and how you start taking benefits…
  • How Much Money Can I Spend in Retirement?

    “How much can my spouse and I realistically spend in retirement at age 62 with $1 million saved?” Today’s hypothetical couple is asking the very question that most pre-retirees ponder when gearing…
  • What Should My Tax Plan Be at Age 65 with $1 Million?

    Approaching retirement with $1 million saved is an impressive milestone, but turning those savings into a sustainable income stream requires careful planning. At age 65, many retirees face the cha…
  • What to Consider Before Moving in Retirement

    If you have the liberty to relocate in retirement, does that mean you should? Maybe you’re a snowbird who wants to live down South full-time, or maybe you want to stick it out in the cold and spen…
  • Dodging the Tax Torpedo

    When envisioning the next chapter of your life, the impact of taxes can often be overlooked or forgotten altogether. The reality is, without the proper planning, you may be at the mercy of an impe…
  • What Habits Should I Unlearn Before I Retire?

    Today’s insightful question explores the behavioral finance side of retirement planning – specifically, which financial habits you should leave in the rearview as you transition into retirement. …
  • How Can You Understand and Improve Your Credit Score?

    In retirement, your credit score is still relevant in achieving and maintaining financial independence. The question is, how can you best understand and improve your score to reap the benefits of …
  • RMDs and You

    Tax-deferred retirement accounts like IRAs and 401(k)s have allowed your savings to grow without any immediate tax burden. However, once you reach a certain age, the IRS requires you to begin maki…
  • How to Financially Plan for a New Presidential Administration

    A new presidential administration is set to take office next year, and while there are a lot of uncertainties around what a second Trump term could bring, it’s important to stay the course in your…
  • Magic Retirement Number

    Do you know your magic retirement number? This is the amount of money you need to retire – and it’s different for everyone. Let’s explore how to calculate your number, how it compares to the rest …
    Back to top
    Our Locations
    Johnson Brunetti
    Welcome to Our New Website!
    Everything was designed with you in mind, making our retirement planning resources more easily accessible to you.
    Check out your new resource center, where everything can be organized by article type or topic
    Are you ready to speak with a financial advisor?
    Skip to content