About this episode

Tim Wood discusses the impact of taxes on retirement savings and the importance of planning ahead.

That million‑dollar nest egg may not be as big as you think once taxes enter the picture. This episode uses a simple Double Stuff Oreo analogy to explain why retirement accounts can create false expectations around what’s actually yours. Tim Wood breaks down how required minimum distributions, Social Security taxation, Medicare premiums, and ordinary income taxes affect retirees, and why planning ahead matters long before withdrawals begin. The conversation also explores Roth conversions, gua...

People in this episode

Host: Tim Wood

Topics covered

• retirement planning
• taxes
• financial expectations
• Roth conversions
• minimum distributions

Keywords

• retirement accounts
• taxation
• Social Security
• Medicare premiums
• ordinary income taxes
• Roth conversions

Mentioned in this episode

Organizations: Social Security, Medicare

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• Why Retirement Shouldn’t Feel Like Game‑Day Pressure · April 3, 2026 · 29 min
• Do You Know Your Bracket Better Than Your Retirement Plan? · March 27, 2026 · 26 min
• Why Timing Matters More Than Taxes Alone · March 20, 2026 · 29 min

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