Taxes For Retirement

At West Advisory Group, we’ll help you reduce your taxes in retirement, learn how retirement income is taxed, and maximize your retirement income distribution that allows you to live on your terms.

Don’t let ever-changing tax laws put your hard-earned retirement savings at risk of a costly IRS bill. Every year, slight adjustments are made to tax laws, and taxpayers have to figure out whether, and how, those changes affect their own situation.

What you need is a trusted, experienced partner to help you with your taxes for retirement

Our retirement planning consultants at West Advisory Group bring a wealth of experience and knowledge to the table.

We can help you minimize taxes and associated fees,  so you get to keep more for your retirement. We scrutinize all your financial records to find tax advantages you may have never heard of, and potentially reduce your taxes in retirement. 

Preparing for the future can be difficult, but not with our retirement professionals by your side.

We’ll partner with you to go over a personalized tax strategy in retirement to help protect your finances long-term.

Our process-driven approach leads to sound financial planning for retirement

At West Advisory Group, we are committed to bringing a process-driven approach to each client’s situation, while incorporating innovation and new ideas at every step along the way.

Our advisors offer a one-stop-shop for all aspects of retirement planning with strategies for those who are ready to move from the accumulation phase of life into the distribution phase.

Here are some of the retirement tax topics we cover with many of our clients, that we would be happy to go over with you.

  • Am I paying too much income tax?
  • When retired, what income is taxed?
  • How is retirement income taxed?
  • What is and isn’t taxable?
  • What tax deferral strategies are available to me in retirement?
  • What are key ways to protect my financial picture before and after I retire?
  • If I’m retired but my significant other isn’t (or vice-versa), how will our status affect our taxes?
  • Am I paying too much in tax-related fees?
  • How do I use tax loss harvesting to offset gains?
  • How do I implement strategies now to potentially offset overall lifetime tax liabilities?
  • Can retirement planning help me budget for taxes I need to pay when I’m retired?

Prepare your Taxes for Retirement with Confidence

Our team at West Advisory Group will do an extensive review of your tax return to determine your current tax situation.

We scrutinize all your financial records to potentially reduce your income tax during retirement, as well as find tax advantages you may have never heard of:

  • phantom income taxation
  • incorrect uses of taxable and tax-deferral strategies
  • and even missed opportunities for gains and accounting for losses. 

Our retirement planning and tax specialists will work closely with you to address these and other important concerns.

Once we know what your personal situation is, we can create a customized strategy to protect your finances over the long term.


We partner with you to create retirement tax planning strategies for your personal financial goals.

Personalized Service

At the West Advisory Group, we do things a little differently than at large wire-houses or broker-dealers.

Rather than fit clients into a pre-designed mold or portfolio, we craft our strategies to fit your unique needs and get to know you and your financial goals before making any recommendations.

Fully Customized to you

We offer a customized approach to financial and retirement planning in an effort to make you feel confident that we aren’t just offering you the same cookie-cutter plan everyone else gets.

Our developed process is completely objective and customized, meaning that you'll get a personalized strategies to meet your specific, financial needs.

Mission to educate

We strive to fully inform clients so they can make the best financial decisions. we've made it our mission to educate our clients on their financial decisions.

Financial literacy is our goal and we believe that honesty, transparency, and constant communication helps build meaningful, long-lasting relationships.

Acting in your Best Interest

As a Fiduciary, we focus on serving you. We don’t try to sell you financial products or force unproven investment ideas on you.

We serve you and you alone, making financial recommendations that are always in your best interest.

You’ve worked hard for what you’ve earned, and we want to help you protect that.

As a fiduciary, we always act on your best interest with your financial goals in mind. Whether you’re retired, semi-retired, or retirement is still some years away, you can reduce your taxes in retirement by asking your tax specialist key questions.

Our tax planning, retirement professionals will go over your personal situation with you in detail, and we encourage you to bring us your questions. We believe in sharing information freely to help you make the best decisions for you and your family.

Our Taxes for Retirement Resources

At West Advisory Group, we’ve made it our mission to take complicated financial topics, take out the industry jargon, and present it so you and your family can make informed decisions about your financial future. WAGU is our passion project to make financial literacy a reality for every family. 

Take a look at some of our retirement taxes resources below.

Taxes in Retirement

This free 8-page tax guide was created for you to better understand how taxes could affect your retirement income, and a great overview of what taxes for retirement look like.

We’ll cover in the Taxes in Retirement Guide:

  • The advantages of separating your taxable and tax-deferred accounts
  • The signs to watch for in ever-changing tax laws
  • Options for tax deductions in retirement income
Taking Charge of your taxes

Every year, slight adjustments are made to tax laws, and taxpayers have to figure out whether, and how, those changes affect their own situation.

This past year is no different — and additional tax-related changes are expected.

In our free guide, you'll learn about the current environment and how it may affect your taxes in the future.

Tax Strategies in Retirement

In this resource, we’ll discuss how different investments have different tax characteristics. The tax characteristics of certain financial options may make a big difference in determining whether such investments fit your specific circumstances and align with your financial goals.

We’ll go over how diversifying your tax buckets may help optimize your tax results both during the accumulation phase of your life and again after retirement.

WAGU: Your Retirement Education Hub

Here at West Advisory Group, we believe that financial literacy is the key to a great, fulfilling retirement, and is integral to building successful legacies throughout our communities.

WAGU was designed to be your one-stop shop for all of your up-to-date resources on topics that are integral to your retirement. And our library is always growing.

Our team's ready to help

Want to see how we can help you with your retirement planning? Send us a message in the form below.