Research suggests that people who work with a financial advisor feel more at ease ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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| A message from Karmaholic | Planning for retirement taxes can be crucial to effectively managing your finances once you've left the workforce, especially if you're still investing to grow your wealth. Worried about capital gains taxes in retirement? Discover 3 capital gains tax strategies for seniors. Click to learn more. Smart Takeaways: - Standard rules apply: The once-exclusive home-sale tax break for people over 55 now applies to everyone.
- Hold longer, tax less: Focusing on long-term investments may help keep realized gains in lower tax brackets.
- Use smart shelters: Tax-advantaged accounts and strategic loss-offsetting may be viable options for retirees to curb capital-gains tax exposure.
- Advisors may offer an advantage: A fiduciary financial advisor may be able to help weave these tactics into a broader retirement-tax strategy.
If you're looking for a way to decrease your tax burden, we recommend finding a financial advisor. They can help you understand your options and look for ways to save money on your tax bill, make smart investments, and plan for retirement. Research suggests that people who work with a financial advisor feel more at ease about their finances and could end up with about 15% more money to spend in retirement.1 It's never too late to plan to work toward a comfortable retirement. Try SmartAsset's no-cost tool to find vetted financial advisors serving your area. Get your financial advisor matches today. | Try SmartAsset's Financial Advisor Matching Tool Hire a pro. Find and compare vetted financial advisors serving your area, each legally bound to work in your best interest. | This is a PAID ADVERTISEMENT provided to the subscribers of StockEarnings Free Newsletter. Although we have sent you this email, StockEarnings does not specifically endorse this product nor is it responsible for the content of this advertisement. Furthermore, we make no guarantee or warranty about what is advertised above.
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