Retirement Tax Shock - June 27th

Many retirees expect their taxes to fall once they leave the workforce—but that isn't always the case. In this episode, Bailey Woods explains why retirement can bring unexpected tax bills, how Social Security, retirement account withdrawals, and required minimum distributions can impact your tax situation, and why proactive tax planning and diversification may help you keep more of what you've worked so hard to save.Prepare for tomorrow, today. David Nicholas, founder and president of Nicholas Wealth Management, has been serving clients as a financial advisor for two decades.You've worked hard to build wealth for you and your family. Let David and his team guide you to and through retirement!Listen to Retire Ready with David Nicholas, Saturdays at 1 P.M. and 6 P.M.For more infomation on retirement planning, visit nicholaswealth.com!Disclosure: Nicholas Wealth offers investment advisory services and is registered with the U.S. Securities and Exchange Commission (“SEC”).  SEC registration does not constitute an endorsement of the advisory firm by the SEC nor does it indicate that the advisory firm has attained a particular level of skill or ability. Securities are offered through World Equity Group, Inc., member FINRA and SIPC.