>It seems to me that most of us are pessimists, even the bulls. We all assume we will be in the 28% or lower brackets when we retire. It is quite clear to me that, to maintain that, I will have to make some lousy investment decisions before that, or greatly increase my charitable giving. If not, it looks extremely likely that Fools should consider that their ordinary income tax bracket may be quite a bit higher than it is now, [snip]>Depends on what you're doing with the money. One idea I've been kicking around for a bit is based on how I used poker to buy my college textbooks--I took my stake out of the game as soon as I had a usefully sized profit, and I played the rest of the night/until I had my book money on the profits.My tentative idea is further based on the premise that Foolish investing has an excellent chance of getting me $1,000,000+ by the time I retire. I may then take the $1,000,000 itself and sock it into a good money fund (Vanguard, Fidelity) that pays 4.5%-5% and live quite comfortably on the interest forever (or until I die), never touching the principal, and not being over the 28% tax bracket--sometimes even down in the 15% bracket. I'd leave the '+' in the market for more money making.That gets perhaps a bit conservative, but it also "guarantees" a useful nest egg for my daughter, and she can learn from me, or learn on her own, to make that grow even further.Eric Hines
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