WITHDRAWAL STRATEGIES (VIDEO)

This video explains the importance of utilizing an optimized withdrawal strategy. Most financial planners and planning software default to the conventional withdrawal sequence: Spend taxable money first, then tax-deferred accounts (e.g., IRA, 401K, 403B, etc.), and then access Roth accounts last. Unfortunately, this approach is often sub-optimal, resulting in 10s or 100s of 1000s of dollars being lost to taxes or missed tax deferral opportunities.