The Motley Fool Discussion Boards
Retirement Discussions / Retire Early Liberal Edition
|Subject: Re: Poll: retirement income||Date: 10/2/2012 1:19 PM|
|Author: telegraph||Number: 45712 of 93021|
" Or perhaps many of us realize less than 4% of assets as income. "
if you have most of your savings stashed in IRAs and 401Ks, you can take out just what you need.
Or if you are rolling over 'tax free' income without taking it out.....it is not taxable income...(but used to reduce your exemption on SS tax).......and run up the cost of your Medicare to the higher income level price....
I'm only taking about 2.5% out of my nest egg each year.....well, it comes out whether I want it or not...and usually wind up re - investing 0.5% of it since I don't spend it.....
|Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|