I've posted earlier that for several reasons, instead of Roth rollovers, we have withdrawn to the top of the 12% tax limit and stuffed the extra amount in a taxable brokerage.
I'll probably take SS next year at SS full withdrawal (primarily to make it easier for DW to spend more).
But, my thinking is to move the brokerage account, which is now getting much bigger, to a couple index funds and municipals CEFs. This is an alternative to Roths, since selling the munis won't incur much tax, although if the index funds keep growing, selling them will eventually incur capital gains.
Comments? I realize the Roth rollover will be preferred by most here but for us it won't happen. Right now it's about 1/4 municipal CEFs, 1/4 index, 1/4 cash, and 1/4 CEF bond/REIT/infrastructure.
I think the correct move eventually is to move to muni CEFs and index funds as the brokerage pile gets bigger since we don't spend everything we withdraw. It's kind of an emergency fund/BTD pile. And it's kind of comforting, I have to admit. Unless an earthquake levels the house there isn't much I can project to drain it but it is there. (150k now).
I'll probably take SS next year at SS full withdrawal (primarily to make it easier for DW to spend more).
But, my thinking is to move the brokerage account, which is now getting much bigger, to a couple index funds and municipals CEFs. This is an alternative to Roths, since selling the munis won't incur much tax, although if the index funds keep growing, selling them will eventually incur capital gains.
Comments? I realize the Roth rollover will be preferred by most here but for us it won't happen. Right now it's about 1/4 municipal CEFs, 1/4 index, 1/4 cash, and 1/4 CEF bond/REIT/infrastructure.
I think the correct move eventually is to move to muni CEFs and index funds as the brokerage pile gets bigger since we don't spend everything we withdraw. It's kind of an emergency fund/BTD pile. And it's kind of comforting, I have to admit. Unless an earthquake levels the house there isn't much I can project to drain it but it is there. (150k now).
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