Building a Retirement Withdrawal Strategy: Which accounts to have and pull from?

You've worked for decades as a CRNA, built a solid nest egg, and retirement day has finally arrived. The paycheck you depended on for 30 years is gone. Now what? Choosing the wrong retirement account to withdraw from first could cost you hundreds of thousands of dollars over your retirement.

In this episode, we share everything you need to know about building a tax-efficient, sustainable retirement withdrawal strategy designed specifically for the unique situation CRNAs find themselves in.

Brett explores:

• The three types of retirement accounts you need to understand: taxable, tax-deferred, and tax-free.
• The flaw in "conventional wisdom" for high-earning CRNAs.
• A strategic withdrawal framework that focuses on filling up tax brackets efficiently.
• How to leverage your taxable account for 0% federal capital gains taxes.
• The impact of Social Security and Required Minimum Distributions (RMDs) on your tax rate.
• The importance of a "bucket strategy" to protect your portfolio from market downturns.
• A real-world case study of a retired CRNA to illustrate a strategic withdrawal plan.

By the end of this episode, you’ll have a clear framework for turning your retirement savings into a reliable income stream that lasts.

#CRNAs #RetirementPlanning #WithdrawalStrategy #TaxPlanning #FinancialFreedom

Key Timestamps :

(0:52) The post-retirement paycheck problem 

(2:27) Your income foundation: Social Security and pensions 

(4:10) The three types of retirement accounts 

(5:53) The flaw in conventional wisdom 

(6:20) A new, strategic withdrawal framework 

(8:39) The impact of Social Security and RMDs 

(11:45) The importance of a bucket strategy 

(13:20) A real-world case study with Emily 

(15:00) Why this is not a "set it and forget it" strategy 

(15:30) The ultimate goal of retirement planning

For more information and resources related to this episode, please visit the show notes.