"Retirement planning isn't about minimizing taxes this year, it's about minimizing taxes over your lifetime," said Easton Price, a certified financial planner at Prosperity Wealth Planning. "The biggest tax savings often don't come from one strategy, they come from coordinating multiple decisions that were already going to happen."
The good news is that you're planning ahead, rather than making these decisions at the last minute. With thoughtful timing - and guidance from a qualified tax professional and financial adviser - you'll give yourself the best chance of keeping more of your retirement savings, while making the move you've worked so hard to enjoy.
By submitting your story to Dow Jones & Co., the publisher of MarketWatch, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Readers: Do you have suggestions for this reader? Add them in the comments below.
Have a question about your own retirement savings? Email us at HelpMeRetire@marketwatch.com.
