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05-31-2007, 02:56 PM
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#1 |
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Recycles dryer sheets
 Join Date: Jan 2007
Posts: 124
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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? Thanx! |
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05-31-2007, 03:32 PM
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#2 |
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Recycles dryer sheets
Join Date: Jun 2002
Posts: 304
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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.
Cb  |
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05-31-2007, 03:36 PM
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#3 |
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Thinks s/he gets paid by the post
Join Date: Jun 2006
Location: Boise
Posts: 1,274
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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. 2Cor521
__________________
"At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire. |
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05-31-2007, 05:28 PM
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#4 |
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Recycles dryer sheets
Join Date: Jan 2007
Posts: 124
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Think yew veddy much!
Appreciate the info! |
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