I hear you. It's only natural to feel a sense of loss when you're an empty nester and all those nice deductions go away. Suggestions:1. Move to a low tax state. State income and sales tax rates vary widely, and the money you save here can all be invested.2. Spend less. If you spend less and invest more now, you won't have to earn as much, or pay as much taxes later. Further, much of your investment gains will grow tax deferred and be taxed at more favorable rates. 3. Get divorced. If both of your are working, you'll likely pay less taxes as two single people. 4. Sell a losing investment (and immediately buy a similar one to maintain your asset allocation). You'll get a capital loss you can deduct against your other cap losses, or your regular income up to $3,000. You can carry the losses forward, too. This is easy money.5. Max out your IRAs, obviously.6. Donate to charity.7. Start a side business.Nick
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