Vanguard Warns Millions of Retirees Are Making a Costly Tax Mistake

Vanguard, one of the world’s largest investment firms, is raising a serious warning that could affect millions of retirees across the United States. According to Vanguard, many retirees are unknowingly making a costly tax mistake that is quietly eating away at their retirement savings. The issue is not about risky investments or market crashes. Instead, it is about poor tax planning, especially around retirement withdrawals, required minimum distributions, and Social Security income.