The DIY Retirement Mistake #shorts

Saving for retirement is only half the battle. Many retirees spend decades building wealth but never create a long-term tax strategy for withdrawing it. In this video, we discuss a retirement scenario where a couple successfully grew their investments for 30 years but still paid an estimated $180,000 more in taxes than necessary. We cover: • Why investment management and tax planning are different skill sets • How claiming Social Security early can impact future taxes • The effect of large Required Minimum Distributions (RMDs) • Why large IRA balances can create tax challenges later in retirement • How IRMAA surcharges can increase Medicare costs • Why Roth conversions are often discussed as a retirement tax planning strategy • The importance of creating a withdrawal plan before RMDs begin A successful retirement plan isn't just about growing assets—it's also about keeping more of what you've earned. 👉 Schedule a call with the Legacy Investment Services Team today: https://www.legacy-investment-services.com/contact-us

Added 23 Jun 2026