Retirement income and savings come in various forms, leaving many unsure where to start. Cash reserves are ideal for initial withdrawals, as they don’t grow like investments. Taxable accounts come next, with strategic losses offsetting gains. Consulting a financial advisor can boost net returns by up to 3%.

Art and vintage items are appealing as investments, with wealthy young Americans showing interest in art collections. Blue-chip art investments can provide passive income in retirement. Masterworks allows investors to purchase fractional shares of renowned artist’s paintings, offering annualized net returns ranging from 17.6% to 21.5%.

To maximize retirement withdrawals, tax-advantaged accounts like IRAs should be tapped last. Gold IRAs offer tax benefits and protection by investing in gold assets. Thor Metals can assist in opening a gold IRA, combining the advantages of an IRA with the security of gold investments.

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Read more at Yahoo Finance: Where should you pull money from first in retirement? Here’s the standard order all retired Americans should consider