tomc5179
Recycles dryer sheets
- Joined
- Feb 16, 2005
- Messages
- 72
OK - this might be a stupid question, but I need to ask and see if I'm figuring this right.
Say I have a base, yearly requirement of $40K without tax that I need to live off of. Am I correct in multiplying that by 1.15 (cap gains tax) to arrive at $46K that my portfolio needs to generate?
Say I have a base, yearly requirement of $40K without tax that I need to live off of. Am I correct in multiplying that by 1.15 (cap gains tax) to arrive at $46K that my portfolio needs to generate?