Your Personal Video Walk-Through

Based on your answers, here is your Retirement Tax Report, Margaret.

Age 60–64 · Retired · Worried about taxes in retirement

🎬 5 videos ⚠️ 3 risks ✅ 1 solution

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Your IRS share unlocks after the final video

Finish Chapter 5 of your walk-through to unlock it and see the IRS's claim on your savings.

Step 6 · The cost of poor timing

How much could you overpay the IRS?

The tax is coming either way. But big, forced withdrawals can push you into a higher bracket, so you overpay.

Retirement savings
401(k), IRA, brokerage, savings and CDs

How much is pre-tax
Traditional 401(k) and Traditional IRA, money never taxed on the way in

Extra to the IRS over your retirement

$67,375

over a 20 to 25-year retirement, as this account grows and forced withdrawals rise

And that's before the extra Social Security taxes, higher Medicare premiums, and the widow's penalty these withdrawals can trigger.

Illustrative: a smoothed effective rate (about 22%) versus bracket-spiking, forced withdrawals (about 33%), applied to your withdrawals over a 20 to 25-year retirement. Your real numbers depend on your income, your state, and how you withdraw.

Now Ask Yourself This:

Right now, who decides when this money gets taxed: you, or the IRS?

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This report is for educational purposes only and is not financial, tax, or investment advice. Figures are illustrations based on the answers you provided, using an assumed 33% combined federal and state tax rate; your actual rate depends on your income and state. Annuity withdrawals are taxable, not tax-free. Guarantees are subject to the claims-paying ability of the issuing insurer.