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Subject:  Re: Retiring @ 55 Date:  10/14/2013  5:27 PM
Author:  ptheland Number:  73558 of 88771

Wouldn't you have the same taxes if your retirement income matched your pre-retirement income??

At a bare minimum, your taxes would go down by the roughly 7.5% you pay into social security and medicare.

Plus once you retire you don't need to continue saving for retirement. That's another 10% to 30% (or more) of your pre-retirement income you don't need after you retire. If any of that was after-tax savings (Roth IRAs or just plain-vanilla savings/investment accounts), your taxes would also go down after retirement.

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