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URL:  http://boards.fool.com/rayvt-writes-lets-get-real-here-for-mfj-ss-is-29914219.aspx

Subject:  Re: Roth investing/withdrawing at 60 Date:  3/16/2012  2:28 AM
Author:  intercst Number:  70376 of 76111

Rayvt writes,

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%.

</snip>


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.
http://www.aoa.gov/aoaroot/aging_statistics/Profile/2011/doc...

intercst
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