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The Planning For Retirement PodcastAuthor: Kevin Lao
Welcome to "The Planning for Retirement Podcast," where we help educate and empower you to achieve financial security and fire your boss! Here are some topics you will learn about: - Social Security - Retirement Income Planning - Roth Conversions - Tax Planning - Charitable Giving - Investment Strategies in Retirement - Estate Planning - Long-term Care Planning - Medicare - Required Minimum Distributions - Retirement Mortgage Strategies - And even some behind the scenes into building Imagine Financial Security I hope you enjoy the show! Language: en Contact email: Get it Feed URL: Get it iTunes ID: Get it Trailer: |
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121: 5 Tax Planning Strategies When You’re High Net Worth, but Poor on Paper
Episode 121
Tuesday, 24 March, 2026
After you retire, you might find your net worth continuing to grow, but your 'taxable income' drops significantly. That can create major tax planning opportunities. Hence, 'High net worth, poor on paper.'I’ll explain how that period of time can open thedoor to smarter planning around ACA subsidies, Roth conversions, Social Security taxation, and 0% capital gains harvesting.Remember, these strategies should not be looked at in asilo. A move that helps in one area can easily impact another if it isn’t coordinated with your full retirement plan.What you’ll learn in this episode:What “high net worth, poor on paper” actually means Why low-income years in retirement can be powerful planning years How ACA premium tax credits work for early retirees The tradeoff between ACA subsidies and Roth conversions How the Roth conversion window can reduce future RMD problems How Social Security taxation can potentially be reduced with proper timing When 0% capital gains harvesting may make sense Why these strategies must be coordinated, not implemented one by one Why retirement tax planning is about timing taxes wisely, not just avoiding them If you want help building a retirement plan thatcoordinates investments, taxes, income, and leaving a legacy, you can learnmore at www.imaginefinancialsecurity.comOr, start with requesting a Mutual Fit Meeting by filling out this shortquestionnaire:https://form.jotform.com/250847998463173 Resources / related episodes:ACA Tax Credits: The Cliff is Back in 2026: https://youtu.be/iZcF5IuH1Bg?si=x5l4SnH2nl3wnYS1$3m Net Worth, Free Healthcare(case study): https://youtu.be/iZcF5IuH1Bg?si=x5l4SnH2nl3wnYS1Aggressive Conversions to makeSocial Security Tax Free: https://youtu.be/oeo3jT5iUbQIf you enjoyed this episodePlease leave a 5-star review, follow the show, and shareit with someone who is close to retirement or recently retired.Thank you!-Kevin
