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URL:  https://boards.fool.com/why-take-it-out-in-drips-and-drabs-and-pay-the-32956259.aspx

Subject:  Re: How to Invest Now? Retiring in 10 Years Date:  1/19/2018  12:47 AM
Author:  ChurchyLaFemme Number:  86874 of 90430

Why take it out in drips and drabs and pay the taxman before you really need to?

Because it’s a lot simpler than what you’re doing.

1. Set up automatic monthly withdrawals that contain tax withholding.

2. Get monthly deposit in checking account, just like getting a monthly paycheck.

3. File taxes electronically just as you’ve been doing since electronic filing became available.

Repeat #3 every subsequent year.

You can make adjustments to withdrawals any time during the year.

Churchy
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