Cat-tirement
Recycles dryer sheets
- Joined
- Mar 30, 2013
- Messages
- 285
Even though I still have 2-5 years before ER, I am starting to ponder strategies for those first few years afterward. I have read several threads here about doing Roth conversions and/or realizing capital gains during the period after retirement but before beginning SS or pensions, when in a lower tax bracket, so as to minimize taxes on those transactions. This makes perfect sense to me, even more so since some time after retirement, we will move from a no income tax state to one with a fairly significant income tax.
DW expects to work for at least a couple of years longer than me. Is there any significant benefit to max'ing her 403b contributions during that period, in order to reduce taxable income, and doing more Roth conversion or capital gain sales? On the other end of the spectrum, is there any real benefit to stopping her 403b contributions during that period to cover living expenses, in order to avoid spending money from our savings or investments?
DW expects to work for at least a couple of years longer than me. Is there any significant benefit to max'ing her 403b contributions during that period, in order to reduce taxable income, and doing more Roth conversion or capital gain sales? On the other end of the spectrum, is there any real benefit to stopping her 403b contributions during that period to cover living expenses, in order to avoid spending money from our savings or investments?