There are a lot of VZ people who really have no clue and should talk to a financial advisor well before you are thinking of retirement. Trust me, it won’t hurt and you will get very informed.
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@ee They are also very valuable in terms of safe-guarding you from inadvertently over-drawing your money unnecessarily and inadvertently entering a higher tax bracket for the year.
If you go $1 above a limit, it can cost a boatload of money that should have stayed with you and your heirs.
Speaking of heirs, these planners should be sheltering your estate from undo (and un-due) taxation.
In addition to an RIA, it also a good idea to see a separate professional retiree tax planner to time Roth IRA conversions. They work hand on hand with your RIA.
Most retirees in this Nation leave tens of thousands, sometimes hundreds of thousands, of dollars on the table, money lost to unnecessary taxes because of either poorly timed conversions, or doing none at all.
@at Wow,struck a nerve with you. You seem like someone who probably needs an advisor