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Joe F. Schmitz Jr

Reporter

Indexed articles, last 90 days
6
Latest publication
Sep 30, 2026
Outlet visibility, for Kiplinger
Top 100K sites
Earliest in this view
Jul 15, 2026

Latest articles

  1. Article · Sep 30, 2026 · Joe F. Schmitz Jr., CFP®, ChFC®, CKA®

    If You're in the 2% Club, the 'Tax-Free Retirement' Myth Doesn't Apply to You (opens the original)

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    If you have a pension and substantial retirement savings, your tax situation could look very different from that of the average retiree. You might have heard the statistic: Roughly 80% of retirees pay no federal income taxes. If you have a pension and a million dollars or more saved for retirement, you might read that statistic and think, "There's no way that applies to me." Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues Profit and

  2. Article · Sep 9, 2026 · Joe F. Schmitz Jr., CFP®, ChFC®, CKA®

    Tax Prep Looks Back, but Retirement Tax Planning Looks Forward: 8 Ways Retirees Can Lower Their Lifetime Tax Bill (opens the original)

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    Tax preparation and tax planning are not the same thing. For retirees with pensions, the difference could be worth tens of thousands of dollars over the course of their retirement. When you think about working with a CPA, you probably think about your tax return. And that makes sense — tax professionals help calculate what you owe, identify available deductions and credits and make sure your return is filed correctly. But there is a big difference between preparing your taxes and planning your t

  3. Article · Aug 26, 2026 · Joe F. Schmitz Jr., CFP®, ChFC®, CKA®

    Why Many Retirees Should Skip a Roth Conversion — Except Pension Holders (opens the original)

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    Roth conversions have become one of the hottest topics in retirement planning. Browse financial headlines long enough, and you'll likely encounter conflicting advice. Some experts argue that everyone should convert their traditional IRA to a Roth. Others insist it's a costly mistake. The truth is far more nuanced. As a CERTIFIED FINANCIAL PLANNER® and CEO of Peak Retirement Planning, I can tell you that for most Americans, a Roth conversion probably isn't necessary. However, retirees with pensio

  4. Article · Aug 12, 2026 · Joe F. Schmitz Jr., CFP®, ChFC®, CKA®

    13 Ways Your Pension Impacts Your Tax Bill in Retirement — and How to Keep More of Your Hard-Earned Income (opens the original)

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    For many retirees, a pension is one of the greatest financial assets they have. It provides predictable income, reduces the stress of market volatility and creates confidence that monthly expenses will be covered regardless of how their investments are doing. But that guaranteed income comes with a trade-off that many people don't anticipate: Taxes. Much of the retirement advice you'll find online assumes retirees have little taxable income beyond Social Security and occasional withdrawals from

  5. Article · Jul 29, 2026 · Joe F. Schmitz Jr., CFP®, ChFC®, CKA®

    10 Retirement Fixes You Can Implement Today to Strengthen Your Financial Plan (opens the original)

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    Retirement has a lot of moving parts, and planning for them can be overwhelming. Taxes, investments, Social Security, estate planning, healthcare and income strategies all compete for attention, and many retirees end up postponing important decisions because they aren't sure where to start. As a CERTIFIED FINANCIAL PLANNER® and CEO of Peak Retirement Planning, I can tell you that the good news is that not every improvement requires a complete overhaul of your financial plan. Become a smarter, be

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