There’s a real mindset shift when someone gets to retirement and has to start taking money out of their accounts after saving for years. It gets even more difficult to figure out where to pull your money from when you have multiple types of accounts with different tax considerations. So which should you pull from first and does it really matter the order you choose?

That’s the question we’re tackling today and it’s an important one because income planning is the foundation of a retirement plan. Join us to discover how to navigate your 401k, IRA, Roth IRA, and individual accounts to create a sustainable income plan that minimizes tax liabilities and enhances your financial legacy.

Here’s what we discuss in this episode:

0:00 – Intro

0:30 – Today’s question

0:48 – Mindset shift in retirement

2:05 – Which account first?

5:05 – Does the order truly matter?

7:13 – When to start income planning

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