Deferring (procrastinating) taxes until the future can backfire on the once-sacred-financial-doctrine that you will have lower taxes in retirement. In this episode, we explore what tax-deferral account such as 401Ks and IRAs could look like, the total retirement tax burden they cause including potential collateral taxation on social security and Medicare, a Tax Scorecard example, and how to create multiple streams of tax-free retirement income with a Retirement Income Maximization Strategy (RIMS Report™).