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She gets it. Exactly. Thanks Audrey

Oh, I understand exactly what I was asking. As well, I never ask questions unless I already have the answers. When the same question, worded almost identically, was asked in a different venue the answers were quite clear and concise. Sorry for any confusion and, Good Luck to All.

Never said I had great reading comprehension. Scrabble does. No "stealth change". Original post mentioned 401K/IRA and never asked a thing about taxes. Ya'll have a good day ! Pretty sure I've learned all I need to know after this posting.... :)

^^^ WHEW!^^^ Tired now. So tired... Think I'll go try and bench that 350 now. Should be easier. :) Embrace The Madness, B1-RD

Somewhat analogous answer : " It doesn't matter, you're going to eat the damn pizza anyway and it tastes the same either way!"

Analogous sample conversation: " When you make a pepperoni pizza do you prefer to layer the cheese first and then pepperoni or, pepperoni first then layered with cheese? " " I use a gluten free crust and make sure the tomatoes are fresh Marzano's. This then is baked at 462 degrees ( I never...

Well....someone got it, and answered the question rather succinctly I might add. Let's all raise a hearty toast to Scrabbler1 !! Apparently his Scrabble skills are of Ninja Like Quality and translate directly to his understanding of the subtleties of the English Language. In the future I...

Where did I mention taxes? Intention: Income .

Awarded 100 pts. for reading comprehension skills ! Also correctly stated as regards taxes ( even though I never mentioned taxes initially ). As well, there are no Capital Gains Taxes on distributions from Tax Deferred accounts such as an 401k/IRA. ( Which is why that was not part of my...

BINGO. That's about what I was looking for. Capital Gains are not a big deal as regards taxes as these funds are in an IRA's/401k's.

I will elaborate so as to make a simple question much more complicated... :) Currently, and for the next several years, I reinvest both Dividends and Capital gains. When I am no longer drawing down taxable accounts, and would like to be generating income from an IRA, I am looking at taking...

Reinvesting.... or taking ( key word ) Distributions to generate monthly/annual income.

What is the prevailing attitude here on income strategy within a 401k/IRA as regards Dividends/Capital Gains distributions ? Do you prefer to take one, the other, or both ? Discuss. E.B.

" I'm already finding that the advisor isn't that helpful. Actually the opposite, because he's now made DH worry we aren't on track! " Well then, he does his job well doesn't he ? Sow the seeds of doubt and wait for the returns. As an acquaintance once said to me, " Wow..I would hate to...

Absolutely agree. It amazes and saddens me that most have no ability to grasp this very simple concept. Most retirement calculators use the income replacement farce and really mess up those who don't have an inherent understanding of their own finances. They then become confused, doubt their...

My Son moved to California, became a resident, and attended Berkeley damn near free. "Resident" is the key word.

I have one maturing in a few months. Considering just plunking it into a new online savings account at 2.5% as I may need the liquidity for a bit and rates are competitive.

I was fortunate enough to have a "Non-9-to-5-Monday-Friday" J.O.B. for 30 some years. It is only the last 3 years of retirement that has given any real "meaning" to the days of the week. So far, I like ALL of them.... :)

I will quote/paraphrase from this letter to the Editor in the AAII Journal a few months ago (May 2019). I photocopied it for my reference in 4 years when I turn 65. " I sold health insurance for over 30 years. The best favor you can do for yourself is to buy..."Original Medicare"....make sure...

Make a plan and stick with it. If it works the way you thought it would, leave it alone. If not, find out what you did wrong and change it. If you can't do either...Well, Good Luck while Swimming With Sharks. You'll need it. :)

LBYM - means "Live Beyond Your Means" to most Americans.

Love it. You now have a proven ability to take the punches and to keep getting up to continue the fight. You don't whine and ask "why me?" . It seems you just make a plan and push forward. Your writing here indicates the intelligence, self awareness, and sense of responsibility for yourself...

" First is the very common phenomenon of functional alcoholics -- people whose lives look fine on the outside but whose inner, relational, physical or spiritual lives are in trouble. " I have always loved (not) the concept of the "High Functioning" alcoholic. I have known many. They drink...

Now that's funny. Although it does a disservice to Acid Heads who are generally much better people. :)

" I am not afraid to change the plan if something major happens, good or bad." I will personally guarantee that something Major will in fact, happen. It's a good thing your planning on it with an optimistic attitude. I don't know who said it, but I have to confirm: " If you want to make God...