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are FireCalc withdrawals after tax dollars?
Old 05-31-2007, 02:56 PM   #1
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are FireCalc withdrawals after tax dollars?

Searched but didn't find this.

Sorry if this is an old question:

Is the amount of the annual withdrawal stated in gross or net - that is to say - is the amount in after-tax dollars or before tax dollars?


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Old 05-31-2007, 03:32 PM   #2
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No...everyone's tax situation is different. You'll need to SWAG your annual post-retirement taxes and include that in your withdawal amount.


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Old 05-31-2007, 03:36 PM   #3
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It is an old question, but that's not your fault ;-)

The amount of your annual withdrawal should be enough to cover all of your expenses, whatever they might be. This would include any income taxes you owe each year.

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Old 05-31-2007, 05:28 PM   #4
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Think yew veddy much!

Appreciate the info!
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