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If you are planning on going into retirement, the best way you can prepare is by using a retirement tax calculator. Kiplinger offers a very easy to use tax calculator. This tax calculator can save you the heartache of realizing that you owe a lot of money when retirement rolls around. Some retirees are shocked to find that their pension plans require that they pay a certain portion of taxes every year. If you want to avoid being shocked upon retirement, then try to plan ahead as early as possible. Use the Kiplinger tax calculator and understand your financial situation.

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