Friends...
I am planning my FIRE strategy and I have been investigating the best ways to invest to meet my goals, but at the same time, be as tax efficient as I possibly can be.
I live in a state with no income tax, so that helps.
I wondered if it was possible to literally find an investing strategy that would allow me to pay literally zero taxes and I ran across this Forbes article that I thought was fascinating and I wanted the forum's thoughts on this strategy and see if anybody actually went this direction and how did it work for you.
How Retirees Pay Zero Taxes - Forbes
The article is alittle dated back to Jun 2013, so some of the Obama magic might have changed some of the tax code to prevent this, but still was interesting enough that I wanted to forward it out there and get some thoughts on it.
For me - I am planning for a $200K per year to cover living expenses in retirement, so being able to pay very little in taxes would allow me to retire that much sooner...
Thoughts?
I am planning my FIRE strategy and I have been investigating the best ways to invest to meet my goals, but at the same time, be as tax efficient as I possibly can be.
I live in a state with no income tax, so that helps.
I wondered if it was possible to literally find an investing strategy that would allow me to pay literally zero taxes and I ran across this Forbes article that I thought was fascinating and I wanted the forum's thoughts on this strategy and see if anybody actually went this direction and how did it work for you.
How Retirees Pay Zero Taxes - Forbes
The article is alittle dated back to Jun 2013, so some of the Obama magic might have changed some of the tax code to prevent this, but still was interesting enough that I wanted to forward it out there and get some thoughts on it.
For me - I am planning for a $200K per year to cover living expenses in retirement, so being able to pay very little in taxes would allow me to retire that much sooner...
Thoughts?