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Subject:  Re: Tax Deferred Annuity right for me? Date:  4/28/2013  11:26 AM
Author:  PSUEngineer Number:  118533 of 123001

When you are getting taxed 33% Federal, plus state, SS and other misc taxes, that really good gross paycheck becomes a net mediocre motivator.

Congrats! That income rate puts you above $217K in income. When considering deductions and exemptions, you're probably make over $250K which likely puts you in the top 3% based on income.

And maybe that's because we've seen too many friends die behind their desks in their 40's. I guess we are lucky that money for money's sake, and all the trappings it can bring, were never all that important to us.

Sure, you have trappings. You have a 2nd home next to a river. How many average people have that? You'll also retire before social security age. Early retirement seems important to you so you'd have to say money is important to you.

Heck, we haven't raised our standard of living in 20+ years

I hear that all the time but what I think many people imply is that they didn't buy McMansions and luxury cars. But I would guess that your standard of living did change. I'm guessing over the 20+ years you may have bought cell phones, internet service, one or more computers or other stuff that is in the many average homes that was there 20+ years ago.

The rate of taxation is such that it acts as a deterrent to continuing to work.

Let's see. You have a riverside vacation home. You are retiring before the median income family ever hopes they could. If there was a time machine where you could go back to your 20s and take lower paying less stressful jobs