Best Ways to Generate Tax-Free Income in Retirement: Think About This Stuff Now

Nobody wants to pay taxes on hard-earned income in retirement, including you. Here's what you can do to sidestep paying taxes in retirement.

A trader works at the New York Stock Exchange in New York, N.Y., on Nov. 6, 2013. Andrew Burton/Getty Images

This story originally appeared on MarketBeat

Nothing feels more deflating than having to pay taxes on every penny you’ve ever saved and invested.

If you have the wherewithal to think about how you‘d like to receive your retirement income in advance, good for you. It’ll benefit you down the road, big time!