Hello all,Here's a hypothetical for you. I'd appreciate any comments you might have.Someone about 45 has accumulated $1M in stock (mostly growth companies with little or no dividends) and about $500k in brokerage IRA's. He has paid off his primary mortgage, needs about $50k/year to live very comfortably, and has two kids to put through school in starting in 5 years. This person wishes to retire and needs to restructure the portfolio for income but is facing a large tax hit because most stocks were bought and held. Any thoughts (besides go see a CPA :) )?
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra