Planning your distributions for retirement is essential to maximizing your retirement income and fulfilling your goals for this new phase of life. 

By planning properly, you can avoid any financial setbacks and ensure you live the life you desire. 

David and Mike cover the essentials of planning your retirement distributions. From deciding when to take Social Security benefits to understanding Required Minimum Distributions (RMDs), they break it all down. Discover strategies for maximizing retirement assets by exploring the benefits of Roth conversions and managing multiple retirement accounts. Plus, they discuss common misconceptions and the psychological hurdles retirees face when dipping into their savings. 

David and Mike discuss: 

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• Understanding RMDs and how they impact your taxes [00:02:11]
  
• Balancing when to take Social Security for the biggest benefit [00:09:43]
  
• Using Roth conversions as a tax strategy [00:21:11]
  
• The significance of consolidating retirement accounts [00:14:44]
  
• And more
  

Connect with David Koren: 

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• RVA Wealth Management
  
• LinkedIn: David Koren
  
• (804) 497-2100
  

Connect with Mike Smith:

• 
  
• RVA Wealth Management
  
• LinkedIn: Michael Smith
  
• mike@rvawm.com
  
• (804) 622-1728