10 brilliant ways to reduce your taxes in retirement

Though taxes might not be the first thing you think of when it comes to how you want to spend money in retirement, planning strategically can mean more funds for the things you love. That's why when you're budgeting for retirement, it's important to factor in how much of your money will be going to the IRS each year. Reducing your taxes after retirement can help you reduce the savings you need to retire in your state.

Click through to learn critical tax breaks for retirees.

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This article originally appeared on GOBankingRates.com: 10 Brilliant Ways to Reduce Your Taxes in Retirement

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