Greetings, Jmullner, and welcome. You asked:<<I expect to have a portfolio which will generate income and I believe social security will provide approximately $10K/yr. Assuming things remain the same as they are now (with regards to taxes and so forth) how much tax will I have to pay on the $10K? >>Perhaps nothing, perhaps something. How much taxable income will the portfolio generate? If that plus one-half of your Social Security and all of your municipal bond income puts you over the threshhold for your filing status, then part of the $10K from Social Security will be taxed. For an example of how it all works, see my article at http://www.fool.com/retirement/retireeport/2000/retireeport000118.htm.Regards..Pixy
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