Preview Mode Links will not work in preview mode

Financial and retirement planning guidance from the team at Mercurio Wealth Advisors in Louisville, Kentucky. Join Chief Financial Advisor Alan Mercurio and Senior Wealth Advisor Troy Bolton each show for helpful conversations about money, life, and retirement. Step into the Retirement Coach's Corner to learn about 401(k)s, IRAs, income planning, investing, and so much more.

If you have any questions, call 502-253-9366, email or visit online for more information.

May 6, 2021

What is tax planning and how can it benefit you? We talk about how tax planning fits into your overall financial plan and what kind of difference it can make long-term.

 

Read more and get additional financial resources here: https://mercurioadvisors.com/podcast/ep-4-what-is-tax-planning/ 

 

What we discuss on this episode: 

1:53 - What is tax planning?

4:33 - What does tax planning actually look life with clients?

7:21 - Is it safe to assume you’ll be in a lower tax bracket in retirement?

10:26 - Why not just take the money out?

12:03 - What do we need to think about with taxes and legacy?