Long-Term Benefits of Tax Planning – Cravitz Financial & Insurance Solutions

Long-Term Benefits of Tax Planning

Mentioning taxes is usually enough to turn people away from a conversation, but when you put some thought and strategy into how you approach your investments, taxes can actually work in your favor.

Tax planning is another core piece of a comprehensive retirement plan so let’s focus in on this area. People often confuse this topic with tax filing, but when we say tax planning we’re talking about what we can do in order to increase our after-tax, spendable income. Making the right decisions with your investments today can help you keep more of your money down the road in retirement.

Here’s some of what you’ll learn on the podcast:

  • The difference between tax filing and tax planning. (1:19)
  • Why you shouldn’t assume that taxes will automatically be less in retirement. (2:40)
  • Strategies you can use to improve your tax situation down the road. (5:50)
  • Tax planning tools to have more control over your money when you’re gone.  (7:18)
  • A story about a tax planning strategy we’ve used with clients in the past to make a big difference. (9:39)

Thanks for listening to this episode. Please get in touch with us if you have any questions about your financial plan.


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Investment advisory services offered through Brookstone Capital Management, LLC (BCM), a registered investment advisor. BCM and Cravitz Financial & Insurance Solutions are independent of each other. The content of this website is provided for informational purposes only and is not a solicitation or recommendation of any investment strategy. Investments and/or investment strategies involve risk including the possible loss of principal. There is no assurance that any investment strategy will achieve its objectives. Information provided is not intended as tax or legal advice, and should not be relied on as such. You are encouraged to seek tax or legal advice from an independent professional.  Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents.  CA Insurance License #0C86000.

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