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Many people spend decades saving for retirement. They contribute to retirement accounts… they invest carefully… and they focus on building the largest portfolio possible. But there is one problem that catches many retirees completely off guard. Taxes. Many retirees assume that once they stop wo…

Many people spend decades saving for retirement. They contribute to retirement accounts… they invest carefully… and they focus on building the largest portfolio possible. But there is one problem that catches many retirees completely off guard. Taxes. Many retirees assume that once they stop working… their taxes will drop dramatically. Sometimes they do. But sometimes the opposite happens. Because most retirement savings accounts are tax-deferred, not tax-free. That means the money you c

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