 Quote:
Originally Posted by RunningBum
How far over? Do you have a CD you can break to forfeit enough interest to bring you back under? Or is the subsidy not that big of a deal, and you can better position yourself for future years by liquidating that fund?
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I would be about $3k over. I have no CDs I can break and no further loss positions beyond the ~$1k I could generate.
By liquidating the fund, I can better position myself for future years, as you suggested. The amount of the subsidy is growing, so assuring myself of being able to take it next year and in 2021 (and beyond) is very valuable.
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Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.
"I want my money working for me instead of me working for my money!"
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