Faculty Publications

Title

How to Increase Your After-Tax Wealth in Retirement

Document Type

Article

Publication Date

3-19-2015

Abstract

Retirees should think strategically about how to pay taxes when they are in a lower marginal tax rate so as to maximize the after-tax value of their wealth. Though everyone’s situation is different, possibilities to improve tax efficiency can grow or retirees who do not have labor income, and who have substantial balances in taxable, tax-deferred, and after-tax accounts.