Get your customized planning started by scheduling a no-cost discovery call: http://bit.ly/calltruewealthMost investors focus on returns. Smart investors focus on what they keep after taxes.In this episode of Retire Smarter, we break down how two portfolios can earn the same return—and still produce dramatically different tax outcomes. This isn’t about predicting markets or chasing performance. It’s about making structural investment decisions that reduce taxes and improve after-tax results in 2026.We walk through how to use tax-loss carryforwards intentionally, including how they interact with capital gains, Roth conversions, and rebalancing decisions—and why waiting indefinitely to realize gains is often a costly mistake. We also cover asset location strategy, explaining why where you hold investments (taxable, tax-deferred, or Roth) often matters more than the investments themselves.Have questions?Need help making sure your investments and retirement plan are on track? Click to schedule a free 20-minute call with one of True Wealth's CFP® Professionals.http://bit.ly/calltruewealthHere’s some of what we discuss in this episode:💰 Why after-tax returns matter more than headline performance📉 Using tax-loss harvesting and carryforwards effectively📍 Asset location: what belongs in taxable, IRA, and Roth accounts🏦 The hidden tax impact of cash and high-yield savings accounts🩺 How investment income affects Medicare IRMAA and healthcare costs Our website:  https://www.truewealthdesign.com/ Phone: 855.TWD.PLANContact our team: https://www.truewealthdesign.com/contact-a-financial-advisor/ Schedule your no-cost discovery call: http://bit.ly/calltruewealth Check out our other no-cost financial resources here: https://www.truewealthdesign.com/financial-resources/ Watch the show now on YouTube: https://www.youtube.com/channel/UCjENBHOti-IEJFqeydZm_Fg?sub_confirmation=1