No. of Recommendations: 0

Dr. C writes:

<<However, one area that may be faulty is my hazy guessing at what my tax rates are likely to be, I presume I have to use guesses at federal and state income tax rates right ?

In California I'm really not sure what a typical tax rate is going to be - I think its in the 7 to 9 percent range. And the federal goes, 28%, 33%, 40% or something doesn't it , though I'm not sure what the thresholds are.

Do you have any idea what these might be or where to look on the web for them ?>>

Yes, you should use both state and federal rates. The latter may be found at, and CA probably has a website that will give you that info, too. I, however, don't know what it is.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.