In this webinar presentation, hosted by the Fairfax Area Agency on Aging, Tom West, a Senior Partner in SEIA’s Virginia office, will discuss how to avoid costly financial mistakes and create a tax-savvy retirement. To do this it is much more than adjusting to a new cash flow; it’s about preparing for the realities of life and the key decisions you need to make before you retire, especially where tax, healthcare, legal, and financial issues intersect. We’ll discuss practical ways to keep more of what you earn as part of the “Sandwich Generation,” balancing retirement savings with the needs of children and aging parents. You’ll learn how caregiving can change your taxes, including how healthcare, long-term care, and family caregiving decisions may affect deductions, credits, and retirement income. We’ll explore smart tax planning “before life happens,” such as coordinating retirement withdrawals, estate documents, beneficiary designations, and family financial support to reduce surprises. Finally, we’ll look at how to build a tax-efficient retirement and legacy plan by aligning retirement income, estate planning, charitable giving, and long-term care strategies to help preserve wealth for you and the next generation.