401k vs Social Security vs Pension: What Should You Claim First?

Book a FREE call with me here: https://www.soincomes.com/appointments If you’re retiring with a 401(k), Social Security, and maybe a pension, one of the biggest financial decisions you’ll make is this: What should you claim first? Most retirees get the order wrong. They start the wrong income source first, trigger unnecessary taxes, reduce future Social Security income, and create large Required Minimum Distributions later. In this video, I break down how to think about retirement income sequencing the smart way. Here’s what you’ll learn: • Why the order of withdrawals matters in retirement • How 401(k) withdrawals are taxed • Why claiming Social Security too early can reduce lifetime income • How pensions can affect your tax bracket • Why delaying Social Security may increase guaranteed income for life • How large 401(k) balances create future RMD tax problems • Why many retirees pay more tax later than expected • How to use your lower-income years strategically • The hidden Medicare IRMAA trap retirees miss • A smarter framework for coordinating 401(k), Social Security, and pension income If you are within five years of retirement or already retired, understanding this sequence could potentially save you tens of thousands over your lifetime. Hashtags #retirementplanning #401k #socialsecurity #pension #retirementincome #rmd #retirementtaxes #financialplanning #retirementstrategy #wealthmanagement #taxplanning #medicare #irmaa #retirementmistakes #retirementadvice #financialfreedom #retirementgoals #retirementincomeplanning #taxefficientretirement #investing