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GOBankingRates
GOBankingRates
Jordan Rosenfeld

The Retirement Income Strategies Advisors Say Can Add $5,000 or More Annually

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Many retirees assume the only way to increase retirement income is to save more before leaving the workforce.

But financial advisors say that how you structure withdrawals, taxes and Social Security timing can have just as big an impact. Here they share planning strategies that can potentially add thousands of dollars to a retiree’s annual income — often without taking on additional investment risk.

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