One of the best things about retirement is that retirees don't have to pay income taxes once they retire.

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Retirement planning refers to financial strategies of saving, investments, and ultimately distributing money meant to sustain oneself during retirement. Many popular investment vehicles, such as individual retirement accounts (IRAs) and 401(k)s, allow retirement savers to grow their money with certain tax advantages.
 


One of the best things about retirement is that retirees don't have to pay income taxes once they retire.