Tyler Gardner

speaker

5,337 appearances 12 recordings 1 series first heard Jun 2026 last heard 6d ago

Tyler Gardner’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 12 in all, peaking in Aug 2026 with 5.

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Your Money Guide on the Side · The $250,000 Mistake Most Retirees Never Know They Made · 3 Aug 2026 podcast

You might have heard others refer to this as the wrapped tax bomb, and I think it's the single most useful mental model for understanding traditional IRAs. voice-verified

Every dollar in there is going to be taxed at your ordinary income rate the moment it comes out. voice-verified

Not your cap gains rate, not some special retirement rate. voice-verified

Your full, regular, no discount, no coupon, ordinary income rate. voice-verified

Whatever the tax brackets look like in the year you withdraw, that's the rate. voice-verified

And unfortunately, we don't have control over what those rates might look like in the future. voice-verified

This matters because most retirees look at their traditional IRA balance and they feel rich. voice-verified

And they are, just not quite as rich as the screen suggests. voice-verified

The screen is showing you the gross. voice-verified

The IRS is collecting the difference between the gross and the net, and the longer you wait, the bigger that difference tends to get, because the money keeps growing, which means the tax bomb keeps growing along with it. voice-verified

Here's the practical implication. voice-verified

The objective of retirement, from a tax planning standpoint, is not to avoid paying taxes on the traditional IRA. voice-verified

That's impossible. voice-verified

The IRS will get its share. voice-verified

The objective is to choose when the IRS gets its share and at what tax rate. voice-verified

Thinking back to last week's episode, remember we want always to fill out the 10 and 12% brackets to the dollar if we can to take advantage of lower rates when we can. voice-verified

So when looking at the traditional IRA heading into retirement, you have basically three options. voice-verified

Option one, pay tax now voluntarily at today's known rates while you're in control of your income. voice-verified

This is called a Roth conversion. voice-verified

Option 2. voice-verified

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