Think-Advisor-Logo-ColorThis week in his column for ThinkAdvisor, Joe Elsasser, CFP®, talks about why taxes can have  significant impact on a client's retirement strategy and how advisors can add enormous value if they know where to look. In the article he outlines five considerations that might influence which accounts retirees should withdraw from at which points in retirement.

"You may feel that many of the considerations outlined below don’t apply to your clients because of their asset levels, but there are opportunities if you know where to look. The interesting thing about retirement income planning is the level of flexibility you can have in some years to make your clients appear 'poor on paper.' Understanding some of the tax benefits at lower income levels can add enormous value — even if your clients won’t qualify for them in most years."

Read the ThinkAdvisor article in its entirety.