Many families seek financial planning advice specifically for retirement. But if they wait too long, they miss an important tax-planning opportunity. A great strategy is to take advantage of the time between retirement and Social Security at age 70, the so-called gap years. With some planning for this gap, you can move income into the lower tax brackets. Tax planning is a critical part of comprehensive wealth management. A dollar saved on taxes is worth more than a dollar earned. When you earn a dollar, the government taxes you, taking a portion of your earnings. But if you can choose when and how much you want to pay in taxes, you can apportion your tax burden as beneficially as possible according to a report on IndUS Business Journal.