At Trajan Wealth, we understand the important connection between proper tax planning and successful retirement planning for self-employed individuals. Many of our advisors are CFP’s (Certified Financial Planners) and we always consider tax implications in our retirement income plans. For example, when people retire, they are often in a lower tax-bracket their first and possibly second year of tax filing. There may be an opportunity to convert taxable investments to tax-free investments with lower tax consequence than if they liquidate and may higher taxes later.
If your current advisor isn’t aware of the current tax laws that apply to you, you could be placing your retirement at risk. Get a complimentary second opinion on your retirement income plan today.