Tax Planning Shouldn’t Be an Afterthought

There are plenty of things you can do right now to help reduce what could be one of your biggest expenses in retirement. So what are you waiting for?

Woman with a concerned look on her face.
(Image credit: Getty Images)

There are so many elements of a comprehensive retirement plan, such as claiming Social Security, investing, planning for long-term care costs and estate planning. The one thing they all have income is taxes. Tax planning touches on every element of one’s financial plan, which is why it should never be an afterthought.

The first thing to realize when planning for retirement is that taxes don’t stop when you stop receiving a paycheck. Taxes could still be one of your biggest expenses, which is why you need to integrate tax planning into your overall financial plan.

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We are an independent financial services firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives. We do not offer tax, estate planning or legal advice or services. Always consult with qualified tax/legal advisers concerning your own circumstances. We are not affiliated with Medicare or any other government agency.


Harlow Wealth Management Inc. is an SEC Registered Investment Adviser and an insurance agency registered with the state of Washington and other states.


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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Chris Harlow, CPA, Investment Adviser Representative
CEO, Harlow Wealth Management

Chris Harlow is a Certified Public Accountant and CEO of Harlow Wealth Management, serving metropolitan Portland and southwest Washington to help clients craft their financial strategies for retirement. Chris’ past experiences have instilled in him a dedication to guiding clients through tax and retirement strategies. He has passed the FINRA Series 65 securities exam; holds life insurance licenses in Washington, Oregon and Arizona; and has his CPA license.