This "Boring" Tax Strategy Could Make You Rich in Retirement

01/16/25 • 8 min

Want to pay less in taxes? Smart tax planning isn't just about filing - it's about strategically timing your income and investments to keep more money in your pocket, especially with Social Security changes on the horizon and Medicare premiums to think about.
Chapters🕓
00:00 - Intro
00:13 - Tax Planning
02:54 - Importance of Tax Planning
03:46 - Sponsor
04:49 - How To Tax Plan
06:56 - Conclusion
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Previous Episode

How Does the Social Security Fairness Act Impact Your Financial Future?

Host Wes Cuprill explains how the new Social Security Fairness Act impacts government and public sector retirees. Learn how the elimination of the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) could increase your retirement benefits.
Key Points
+ Public sector workers can now receive full Social Security benefits alongside their government pensions
+ Important for teachers and others who held multiple jobs throughout their careers
+ Wait for official guidance before making financial changes
+ Consider consulting a financial advisor to optimize retirement strategy
Contact Money and Clarity: 513-563-7526 | visitwithmc.com
Chapters 🕓
00:00 - Intro
00:15 - Name Change
00:57 - Social Security Fairness Act
02:57 - Sponsor
03:59 - What Should I Do?
06:11 - Conclusion
________Like what you heard? Listen to more episodes here: https://podcasts.apple.com/us/podcast/wealth-wise-women-podcast/id1768763274

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Next Episode

What New Regulations Mean for Your Crypto Investments

In this episode, financial advisor Wes Cuprill dives deep into the crazy world of cryptocurrency, exploring its mind-boggling volatility and the potential regulatory changes on the horizon. He breaks down why crypto might be more like gambling than investing, while still remaining curious about its future potential.
Chapters🕓
00:00 - Intro
00:14 - Welcome
00:34 - Crypto Regulation
01:45 - SEC Taskforce
02:38 - Skepticism
02:57 - Stability and Volatility
05:01 - Standard Deviation
06:10 - Sponsor
07:12 - Revaluation
07:55 - SEC Regulation
08:47 - Crypto Bias
09:33 - Historical Over-Hype
10:04 - Correction and Stabilization
11:02 - Final Thoughts
________
Like what you heard? Listen to more episodes here: https://podcasts.apple.com/us/podcast/wealth-wise-women-podcast/id1768763274
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The WWW Podcast - This "Boring" Tax Strategy Could Make You Rich in Retirement

Transcript

>> Wes Cuprill00:00:00.214

How do we start planning now to ensure that your tax liability, as you're nearing or in retirement, is as low as possible?

>> Wes Cuprill00:00:13.214

Hello there, and welcome to another episode of the WWW Podcast. My name is Wes Cuprill, and in this week's episode, I want to talk about the topic of tax planning. I know, snoozefest, but please forgive me, because tax planning is actually incredibly