In this episode, we break down how taxes can impact your retirement income and what you can do now to reduce that burden over time.
If most of your savings are in IRAs or 401(k)s, you could be setting yourself up for higher taxes later without even realizing it.
This conversation explores how government policy, required minimum distributions (RMDs), and rising national debt could affect your retirement accounts. You’ll learn why having a tax-diversified strategy matters and how tools like Roth conversions may help create more control over your income in retirement.
What You’ll Learn
· How retirement accounts are taxed and why it matters
· The risks of relying too heavily on taxable income sources
· What RMDs are and how they can increase your tax burden
· Why Roth conversions can play a role in tax planning
· How longevity risk impacts your retirement strategy
· The importance of flexibility in retirement income planning
If you found this helpful, subscribe for more conversations around retirement, taxes, and financial planning.
Jeff Mathies is a retirement strategist, entrepreneur, and host of Cowboys & Cufflinks. After getting his start in the insurance industry in 2003, Jeff founded Mathies Financial Partners in 2008 and has spent years helping families navigate retirement through education, planning, and real-world experience. As a Certified Financial Educator (CFEd®), he is passionate about simplifying financial concepts and helping people make confident decisions for the future.
Based in Pueblo, Colorado, Jeff enjoys ranch life with his wife and their five children. Outside the office and podcast studio, you’ll usually find him mountain biking, hiking, golfing, or spending time with his kids and grandkids.
