It is best to remember that we do not pay taxes on the expenses that we have.OP,
"It depends"
A) Your annual retirement expense.
B) The source of your withdrawal
For many of us,
1) The retirement expense is low. Below 60K per year.
2) The source of withdrawal is whatever we choose to be. Aka, before social security and no pension. Plus, we have money in the taxable account, Roth, and tax deferred account. Aka, we get to decide how much tax to pay each year.
So, the best for you to do is to start your own topic and your own situation of withdrawal. Then, decide the best way for tax management.
Please check out the following thread.
viewtopic.php?t=87471
"How to pay ZERO taxes in retirement with 6-figures expenses"
KlangFool
But we do pay taxes on the income that we have.
Statistics: Posted by smitcat — Fri Jan 03, 2025 11:30 am
