"Formulating a strategy for drawing down, spending, and managing funds during retirement can be a daunting undertaking if one is unprepared. Accounting for cost of living increases, inflation, varying tax brackets, supplemental income from other sources, and post-demise financial plans are all topics that require assessment and proactive action, in most cases, in order to avoid unpleasant consequences."
"Advanced tax planning for when RMD kicks in is advisable, especially if the added withdrawals will mathematically bump a retiree to a higher tax bracket. Timing Roth conversions for when one is at a lower tax bracket is also a prudent strategy."
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