5 tax tips for future retirees

 

Source: Rodney Brooks, USA Today

There are plenty of things we think about when preparing for retirement. Unfortunately, taxes is not usually one of them.  So, here are five tax tips for those thinking about or getting ready for retirement.

1. Don't forget about taxes when you look at the size of that retirement nest egg.

"We look at our assets on a gross basis, which creates a wealth illusion," says Robert Fishbein, vice president and corporate counsel at Prudential Financial. 

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financial, savings, taxes, retirement

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