Kiplinger

The Easy-to-Miss Way to Have Enough Money for Retirement

We spend so much time and effort obsessing over how to generate enough money to have enough money for retirement. We work hard, save diligently and invest strategically, all in the hopes that eventually our nest eggs will be big enough to support the lifestyle we want once we quit working.

Amid all that striving and working, many people forget to employ some simple strategies that could make a huge impact on how much money they keep in their pockets that they can then add to their retirement savings. What are they?

Taking steps to lower taxes after you retire. Here are a few ways you can do just that.

Know How to File for Social Security in a Way That Reduces Taxes

Most people pay into Social Security for their entire working careers via FICA taxes. If you paid in, then.) You have a lot of choice in regards to when you can file for Social Security and start claiming benefits.

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