A lot of these strategies have to be set in motion early in retirement. By our mid 40s we already had ~$50k per year in taxable account dividends. This has only grown over time. Add to this maturing I and EE bonds; receiving deferred compensation; RMDs; part time income; Roth conversions; SS and/or pension; maybe an inheritance; and it gets increasingly difficult in mid-late retirement to avoid income and the taxes that go with it without having to sell off a bunch of assets which would generate capital gains and its own tax headaches.
I think these high income/low tax situations are unique cases and most of us are going to pay the piper.
I think these high income/low tax situations are unique cases and most of us are going to pay the piper.
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