Whether you are nearing retirement or wanting to buy a new car, taxes are often a big part of the conversation. Thinking through how and when to withdraw from your investments strategically can make all the difference in what taxes you pay afterwards.

Today we’ll answer a question that came in about which accounts were best to take withdrawals from and a couple others as well.

Here are the questions Eric answers from the mailbag in today’s show: 

  • How is it possible to not pay taxes in retirement? (0:46)
  • Which investment should I withdraw from to pay cash for a car? (3:51)
  • Will Social Security still be around in 10 years? (7:28)

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