The conventional wisdom is to spend down your taxable accounts first, then your tax-deferred accounts, and finally your tax-free accounts. However, this may not always be the case.
In this episode, I’ll break down the case of “Rory and Erica” on the whiteboard, which goes against this conventional wisdom.
We’ll cover max spending strategies, optimal investment strategies, tax-efficient withdrawals, charitable giving, and long-term care planning.
I hope you enjoy this edition of the Whiteboard Retirement Plan! Make sure to share this with someone who would find it useful.
-Kevin
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This is for general education purposes only and should not be considered as tax, legal or investment advice.
