A Tax-Efficient Retirement Withdrawal Strategy: 3 Decisions That Can Matter More Than Investment Picks Most people think a financial advisor's biggest value shows up in the investments they pick. And investments certainly matter. You can build a portfolio poorly or just neglect your investments so it is not setup for your needs. You can take too much risk. You can actually, depending on your goals and risk tolerance, take too little risk, or be tax -inefficient. But for most

If you're anywhere close to retirement, somebody has probably tried to scare you about RMDs. You know the pitch. Your required withdrawals are going to rocket you into a higher bracket, tax your Social Security, spike your Medicare premiums — and the only way out, conveniently, is whatever that person happens to be selling that afternoon. Here's the honest version: some of it is true, for some people. Some retirees really do have an RMD tax problem. Some have a small one with

Ever since the advent of the 401(k), we have seen a growing cohort of 401(k) millionaires. This is great, it meaning our society is becoming more literate and more people are taking advantage of programs designed to help them secure their retirement, BUT it creates a new problem. Taxes owed on these large pre-tax retirement account balances can be significant. This is the exact reason that Roth Conversions have been such a hot topic lately. Nobody wants to pay more tax than n

While Massachusetts was recently ranked #1 state to raise a child, it was also ranked #46 best states to retire in by Moneywise. How could this be? While it ranks high in terms of areas that are most valuable for parents: safety, employment opportunities, school systems, healthcare quality, it also ranks really low on other factors that seem to be more important to retirees such as climate, taxes, affordability, and housing options. As a financial advisor located in Massachus