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Kiplinger
Kiplinger
Business
John Jones, ChFC®, EA, BCP®

I'm a Financial Adviser: This Is the Retirement Tax Assumption That Could Cost You

An older man looks down, looking stressed.

Many people believe their tax bill will drop once they retire, and while that might be the case for some families, it's not a guarantee.

The thinking is logical. If you're no longer earning a paycheck, you should fall into a lower tax bracket, right? Not exactly.

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