Florida Retirement Tips, Navigating Taxes in Retirement, Talking Money With Your Spouse

How to Overcome Identity Loss in Retirement | From Tax-Deferred to Tax-Free: Navigating Taxes in Retirement | Many Retirees Don't Know About This Major Market Risk Created for {EMAIL} | [Web Version]( January 25, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Youtube]( [Instagram]( [Retirement Tips]( [SIGN UP]( ⋅ [WEBSITE]( [] Happy Retirement [] [How to Overcome Identity Loss in Retirement]( [How to Overcome Identity Loss in Retirement]( (Getty Images) Identity loss poses a significant challenge for retirees due to the strong connection we often have between [our sense of self and our professions](. Here are some strategies to help you [embrace a new identity]( and progress toward a rewarding retirement. [] Taxes [] [From Tax-Deferred to Tax-Free: Navigating Taxes in Retirement]( [From Tax-Deferred to Tax-Free: Navigating Taxes in Retirement]( (Getty Images) Retirees may think the ideal retirement plan depends on exclusively tax-free income, but Baby Boomers who've funneled money into [tax-deferred retirement accounts]( may find the opposite is true. Brian Skrobonja, CHFC, explains how to spend less of your retirement savings and [Social Security]( benefits on taxes. [Increase your retirement income – make it last a lifetime]( Income annuities are paying 25%-45% more than last year. By balancing guaranteed income and income-focused investments, you can increase your income, lower your risk and minimize your taxes. We can show you your increase with a complimentary Go2Income plan. [Order Your Plan]( ADVERTISEMENT [] Investing [] [Many Retirees Don't Know About This Major Market Risk]( [Many Retirees Don't Know About This Major Market Risk]( (Getty Images) Markets have a history of going flat for 10-plus years every 20 years or so, and these flat market cycles can [wreak havoc on your retirement planning](. Mike Decker, NSSA, shows why you shouldn't focus only on average returns to build a [retirement income plan](. [] Retirement Lifestyle [] [10 Things You Need to Know About Retiring to Florida]( [10 Things You Need to Know About Retiring to Florida]( (Getty Images) As you consider retirement, approximately 1,000 people per day are on their way to [Florida]( with all their belongings. But the Sunshine State isn't all beaches, Disney World and The Villages. We interviewed experts and residents for [insider tips on retiring to Florida](. [Vanguard vs. Fidelity vs. Schwab]( Who are you partnered with? See how these popular brokerage firms stack up when it comes to fees, resources, and specific services, so you can decide on the right fit for you. [LEARN MORE]( ADVERTISEMENT Featured Content Sponsored Content from Kiplinger Retirement Planning 2024 [Plan and enjoy a worry-free retirement.]( Whether you've already left the workforce or you're just beginning to think about it, [Kiplinger Retirement Planning 2024]( will show you how to maximize your 401(k), select top-performing investments, get the most from Social Security, protect your estate, ensure affordable top-notch health care and much more. [Click to see table of contents.]( [] Money & Relationships [] [10 Steps for Having Better Money Conversations With Your Spouse]( [10 Steps for Having Better Money Conversations With Your Spouse]( (Getty Images) Money and finances can be a truly divisive topic, and nowhere is this more true than with romantic partners. 10 financial experts from [Kiplinger Advisor Collective]( share how to [approach money conversations in a better way]( and work together to accomplish their financial goals. [8 Ways to Potentially Lower Your Taxes]( When it comes to filing your federal income taxes, it can pay to review your situation and plan ahead. By planning throughout the year, you can implement different strategies to lower your taxable income. This proactive mindset may be worth it when it comes time to file. [READ MORE]( ADVERTISEMENT [] Retirement Planning [] [5 Books About Retirement That'll Prepare You for Your Golden Years]( [5 Books About Retirement That'll Prepare You for Your Golden Years]( (Getty Images) Most people view [retirement]( as a whole new chapter in life, one with unique adventures and challenges. 93% of retirees in a 2023 Edward Jones study agreed that "preparation, flexibility, and willingness to adapt are keys to success in retirement." With that in mind, these five [must-read books about retirement]( will help you prepare for your next chapter. ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include [Kiplinger Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger Retirement Report]( and [Kiplinger Investing for Income.]( All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. 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