Kevin and Charlie continue their discussion about the Top Ten Retirement Mistakes to Avoid. Here we continue with Number 9: not understanding the tax advantages of different types of investment accounts.
At Leading Edge Financial Planning we believe it is critical to have a well-thought-out retirement income plan BEFORE you are retired. Retirement Income planning is one of the most studied areas of financial planning because there are many moving parts, competing interest and opportunities to increase your retirement income.
For example, one of the most difficult things to do in retirement is to balance the need for liquidity, immediate income and the potentially ravaging affects of inflation in retirement.
Please check out the latest Leading Edge Blog post in order to begin to understand the many great opportunities for improving your retirement income and lifestyle.