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Investment Analysis Clubs / Macro Economic Trends and Risks
|Subject: Re: Younger Seniors Burning thru IRAs||Date: 5/18/2013 3:08 AM|
|Author: 0x6a74||Number: 423167 of 510650|
The person with forsight will withdraw money before age 70 1/2 to reduce the amounts withdrawn later, to stay in a lower tax bracket.
The person with even more forsight will postpone claiming Social Security benefits, so the IRA can be drawn down more, without paying income tax on the SS benefits.
Sounds like a totally rational thing to do, and that is the plan I am following.
in the first part, I'm converting to Roth
the 2d part I didn't think of ( but it's sounds complicated
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