Why One Retirement Account Is Never Enough

You've been saving for years. The balance is there. And you still can't fully picture how it becomes a paycheck. That gap is not about how much you have saved. It is about how you have built it. In this episode, Mary Beth Storjohann, CFP and founder of Allora Wealth, breaks down the three retirement buckets every high earner needs to understand:tax-deferred, tax-free, and taxable, and explains why the mix matters just as much as the total. She walks through what most high-earning women and business owners get right, what they consistently miss, and what the difference costs them in retirement. If you have been putting most of your savings into one type of account, this episode is for you. Topics covered: Why high earners face a bigger retirement income gap than most people realize What each bucket is, how it is taxed, and when you access it The account most high earners forget to build deliberately Two real-life examples: the W-2 earner with equity compensation and the business owner The question worth asking yourself before your next contribution