Search results

Thanks, very intriguing - I hadn't considered that (liquidating all debt) to reduce income. The main reason I have veered away from liquidating debt is because I expected that my investment returns would easily offset the low interest rates of the debt over the long run, so I'd come out ahead...

Excellent responses - thanks all. On the above, my understanding is that to qualify for EITC, you must have no more than about ~$3K in investment income. So I figured this would preclude me from selling much of my taxable assets, since even a little bit would push me over that $3K limit...

In planning early retirement, I recently realized a potential benefit I hadn't taken into account: benefits in the tax code/elsewhere that come along with minimizing income. For example, the earned income tax credit. My wife and I plan to keep working after early retirement enough to...