Retirement Solutions - The Podcast

Which Retirement Account Should You Withdraw From First (Ep. 34)

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One of the biggest retirement mistakes has nothing to do with how much you saved, it’s about where your income comes from once you stop working. The order you withdraw your money can quietly trigger higher taxes, bigger Medicare premiums, and unnecessary stress later in life.

In this episode, Ryan Thacker and Tyson Thacker break down why withdrawal strategy is one of the most overlooked yet impactful decisions in retirement planning, and how a single misstep can set off a chain reaction that affects your taxes, Social Security, and long-term income.

Ryan and Tyson discuss:

  • Why the order you pull money from IRAs, 401(k)s, Roth accounts, and brokerage accounts matters more than most people realize
  • How withdrawals can unintentionally increase taxes on Social Security and trigger IRMAA Medicare surcharges
  • Common mistakes retirees make by relying on outdated rules of thumb like the 4% rule
  • How delaying or mismanaging withdrawals can lead to larger required minimum distributions later
  • What a coordinated withdrawal strategy looks like and how it helps protect income, taxes, and peace of mind
  • And more!

    • Book your complimentary retirement planning consultation and get answers to your most pressing questions.

    Resources:

    • The B.O.S.S. Retirement Blueprint

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      • Text BLUEPRINT to (435) 500-0665
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        • Connect with Tyson Thacker: 

        • LinkedIn: Tyson Thacker
        • BOSSRetirement.com 

          • Connect with Ryan Thacker: 

          • LinkedIn: Ryan Thacker
          • BOSSRetirement.com
            • ...more
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            Retirement Solutions - The PodcastBy Tyson Thacker and Ryan Thacker