When it comes to retirement planning, many people focus on investments, income strategies, and estate planning—but tax planning is one of the biggest factors that can impact your financial future. Without a proactive approach, taxes can take a bigger bite out of your retirement savings than you might expect.

In this episode, Derek Gregoire and Matthew Peck are joined by Peter Roache, a tax expert and longtime partner of SHP Financial. Peter shares important insights on how taxes affect retirement planning, the impact of Required Minimum Distributions (RMDs), and how smart tax strategies—like Roth conversions and tax-loss harvesting—can help you keep more of your hard-earned wealth.

We’ll also discuss how tax laws are evolving, why planning around IRMAA is key, and how to minimize taxes for your heirs when passing down assets. If you’re nearing retirement or already retired, this episode is packed with practical strategies to help you optimize your tax situation.

In this podcast interview, you’ll learn:

• Why tax planning is one of the most overlooked aspects of retirement.
• How RMDs can push retirees into higher tax brackets.
• Why Roth conversions can be a powerful tool to reduce long-term tax burdens.
• How IRMAA can increase your Medicare premiums and what you can do to avoid it.
• How inherited IRAs are taxed and why proper planning is essential for your beneficiaries.
• The benefits of tax-loss harvesting and how to use it to offset capital gains.

Want the Full Show Notes?

To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast

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