What if your biggest lifetime expense isn’t your mortgage or healthcare, but taxes? In part 1 of this conversation, host Bryan Bibbo sits down with Dave Alison, CFP®, EA, BPC, President and Founding Partner of C2P, Prosperity Capital Advisors, and Alison Wealth Management. Together they discuss the concept of tax management through The Tax Management Journey® — a revolutionary framework we use at JL Smith to help our clients keep more of what they’ve worked so hard to build by reducing their lifetime tax burden.

Dave reveals critical planning principles like “it’s not what you make, it’s what you keep,” and why not all money is taxed the same, and how this understanding can transform your approach to both saving and spending in retirement.

Key Topics:

Lifetime Tax Burden: Why taxes may be your largest lifetime expense and how they impact wealth building at every stage

Gross vs. Net Returns: Understanding the difference between what you make and what you actually keep after taxes

The Order of Money: How different types of accounts are taxed and why this knowledge is critical for financial planning

Tax Management vs. Tax Planning: Moving beyond annual tax filing to year-round strategic tax management