UnThreaded | Threaded | Whole Thread (34) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: telegraph Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 59085  
Subject: Re: Poll: retirement income Date: 10/2/2012 1:19 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
" Or perhaps many of us realize less than 4% of assets as income. "

if you have most of your savings stashed in IRAs and 401Ks, you can take out just what you need.

Or if you are rolling over 'tax free' income without taking it out.....it is not taxable income...(but used to reduce your exemption on SS tax).......and run up the cost of your Medicare to the higher income level price....

I'm only taking about 2.5% out of my nest egg each year.....well, it comes out whether I want it or not...and usually wind up re - investing 0.5% of it since I don't spend it.....



t.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (34) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Post of the Day:
Berkshire Hathaway

Is the Market Overvalued?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! 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.
Advertisement