It’s not just what you earn—it’s what you keep.

In this episode of Financial Planning Friday, Jerry Davidse breaks down the "silent wealth killers" in retirement: Taxes. While investment returns get all the headlines, tax planning is often where the battle for long-term wealth is actually won (or lost).

Jerry walks through the three most common tax mistakes retirees make—from mismanaging RMDs to accidentally triggering higher Medicare premiums—and explains the strategies you need to protect your hard-earned savings.

We discuss:

0:00 - Intro: It’s not just what you earn, it’s what you keep

0:36 - Mistake #1: Waiting too long to address RMDs

1:15 - The "Gap Years": When to do Roth Conversions

1:55 - Mistake #2: Accidental Medicare Premium Hikes (IRMAA)

2:30 - Mistake #3: Withdrawing from the wrong acc ...