Ep. 19 - Tax Loss Harvesting to Create Tax Free Retirement Income
Ep. 19 - Tax Loss Harvesting to Create Tax Free Retirement Income

Ep. 19 - Tax Loss Harvesting to Create Tax Free Retirement Income

Sidia Da Elsa

22 min
Kids
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<p>Sometimes &quot;hanging tight&quot; isn&#39;t the best solution during times of volatility. We&#39;ve had two bear markets since the Great Recession of 2008. COVID-19 was the first, and the inflation that ensued thereafter in 2021-2022 led to the second. Tax Loss Harvesting involves selling investments when they are down in value (in a taxable account) to create a realized loss for tax purposes. You can then use these losses in current or future years (retirement) to reduce taxes!</p> <p><br></p> <p>These opportunities don&#39;t come every year, so it&#39;s important to take advantage while you (still) can! </p> <p><br></p> <p>I hope you enjoy this episode!</p>

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Archie_Dawn

Archie_Dawn

Ep. 19 - Tax Loss Harvesting to Create Tax Free Retirement Income - Listen Free | WowFM