We’re back with another mailbag edition of the show! This week, we tackle two thoughtful financial planning questions from listeners.

First up: a retiree who received a federal tax refund wonders if it’s a smart strategy or a sign to adjust withholdings. David explains the pros and cons of overpaying taxes in retirement, why minimizing refunds often makes more sense, and how to create a smoother retirement income stream. Then, a parent asks how to help their 18-year-old daughter start off on the right financial foot.

Here’s some of what we discuss in this episode:

🔍 Tax strategies for withholding in retirement 

🧾 A case for keeping refunds small

 📅 Creating a steady income

🎓 Helping young adults start strong 

🚫 The risks of credit card debt

Previous mailbag episode:

https://coveryourassetskcpodcast.podbean.com/e/mailbag-should-you-fund-your-business-with-ira-money/

For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.