401k vs Social Security vs Pension: What Order Should You Claim First?

Once you retire, your paycheck stops — and every withdrawal decision starts to matter. In this video, we break down the smartest order to draw from your Social Security, pension, and 401(k)/retirement accounts to help you keep more of your money and pay less in taxes over your lifetime. We'll cover: ✅ Why the order you withdraw from matters just as much as how much you saved ✅ How claiming Social Security early vs. later changes your entire withdrawal strategy ✅ How a pension affects which accounts you should tap first ✅ Why pulling from your 401(k) too early (or too late) can push you into a higher tax bracket ✅ How to sequence withdrawals to reduce lifetime taxes and avoid surprises from Required Minimum Distributions (RMDs) ✅ Common mistakes retirees make when deciding where their income should come from each year If you're approaching retirement or already retired and unsure which account to pull from first, this video will help you build a smarter, more tax-efficient withdrawal strategy. Helping you to be wise with your money! To see more videos discussing personal finance Subscribe: https://www.youtube.com/channel/UCbDA... For more resources: 👉 https://www.wfa-nc.com/ 📝 Get your Free Retirement Plan checkup https://www.wfa-nc.com/retirement-plan-check-up To schedule a complimentary consultation with me: 👉https://go.oncehub.com/keithwilson1 I want you to be more confident in your future: whether that be through preparing for retirement, financial planning, portfolio analysis, or college planning. I trust the information you receive through these videos proves helpful with your personal financial situation! Website: www.wfa-nc.com Facebook: https://www.facebook.com/KeithWilsonF... Linkedin: https://www.linkedin.com/in/keithwils... I am looking forward to seeing you achieve your financial goals!