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Investing/Strategies / Retirement Investing
|Subject: Re: Roth investing/withdrawing at 60||Date: 3/16/2012 2:28 AM|
|Author: intercst||Number: 70376 of 78037|
Let's get real here.
For MFJ, SS is not taxed if your taxable income is below $32,000
Between $32K & $44K it's taxed 50%.
Above $44K it's taxed 85%.
Unless you retire dirt-poor, your SS is going to be taxed at 85%.
Most people do. The median family income for 65-year-olds and up is $46,000/yr. The median for singles is $19,000.
See page 10 of this report.
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