How to Reduce Taxes in Retirement & Protect Your Kids’ Inheritance
If you’ve built significant wealth, knowing how to reduce taxes in retirement can have a major impact on what you keep—and what your kids ultimately receive. In this episode, Scott and Pat walk through two real-life situations: one caller facing large tax exposure from millions in pre-tax accounts, and another trying to make sure their children don’t quickly spend an inheritance. Along the way, they also touch on how areas like private credit and private equity are evolving—and what that means for investors thinking about risk, transparency, and long-term planning.
If your goal is to reduce taxes in retirement while being more intentional about your legacy, this episode gives you a clear and practical framework.
What You’ll Learn:
- How to reduce taxes in retirement with large pre-tax accounts
- When Roth conversions work—and when they don’t
- Why RMDs can create long-term tax challenges
- How to structure a trust to protect your kids’ inheritance
- The role of trustees and distribution strategies
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