Recent content by RME1958

What your tax rate was at the time of contributing to your IRA/401k is really irrelevant. I think of it in the same terms as a sunk cost. It is what your current tax rate is vs your future rate that is relevant.

I spent $20 initially and did a 1 hour consult for $125 with Income Strategy. It gave me something to play with for a couple of weeks but I have the same conclusion as above and probably should not have spent the money. Besides the question of whether the taxes will be paid under married filing...

I had no problem with Fidelity but could not get Schwab to link. I inputted that manually and even with that, I could not get it to recognize one of my Schwab funds.

In early retirement (we are both 61), I am trying to maximize spending for my wife and I with no plan to give any of it away to our kids. So I am not looking at any solutions that would minimize taxes by giving assets away as long as one of us is still around. Down the road, I will start...

You nailed it.

I am not considering a future change in tax rates. They may go up and they may go down. 5 years ago, I doubt anyone would have predicted the reduction that took place. For my analysis, I assume that they will stay as they are now, knowing that they will most likely change one way or the other...

I signed up for the $20 Income Strategy and have been playing around with it for a couple of days. I have inputted my assets and straightened out some of them. I followed your Settings from one of your previous posts. I tried the Investment Management - None - but still end up with the crazy...