Tax Positioning

Tax Positioning

How will your retirement income impact your taxes? Taxes are likely to be your biggest expense in retirement. A good tax plan in retirement must consider all sources of income beyond year-to-year planning and address the lifetime taxable liabilities.

The goal is to reduce lifetime taxes by addressing current inefficiencies and restructuring assets and income to minimize peaks and valleys to create more consistency.

Our goal is to help keep taxes low today and throughout retirement. Our approach takes into consideration the following:

  • Annual Roth Conversions
  • Coordination & Timing of Income Streams (e.g. Pension, Social Security, Required Minimum Distributions, etc.)
  • Asset Location
  • Charitable Giving Strategies

By analyzing your entire financial picture including your annual tax return, we are able to choose strategies that reduce frictional costs and optimize your income stream. We do not prepare taxes and will collaborate with your tax preparer to ensure compliance and oversight.


Sherill Wealth Management does not offer legal or tax advice. You should consult a legal or tax professional regarding your individual situation.