8 Ways to Make Your Retirement Savings Last

taxes

Advertisement

9) Maximize Your Tax Deductions

A tax expert will be able to help you find ways to save money on the amount that you pay to Uncle Sam each year. If you’re savvy enough to study the tax rules and then use them to best advantage, you may be able to function as your own tax expert. The great thing about being retired is that

However you proceed, you should be looking for deductions in order to lower your tax bill. Any refund or savings that you generate will mean more money in the bank for your retirement. Taking extra care with your taxes may really pay off and it’s pretty easy to increase deductions when you stop and look at all of the options. It’s quite possible that you are missing legitimate deductions.

Advertisement
     

Click below to share this article.

 
Advertisement