TOOLMAN
Recycles dryer sheets
- Joined
- Jan 14, 2013
- Messages
- 296
Next year I intent to ER and spend down my taxable investments (starting with 1.3M at age 58) until I need to take SS, then draw down taxed advantage funds.
I am considering moving my taxable funds, which now have a dividend leaning, to stocks like BRK which has a good growth record, but pays no dividend. My goal is to minimize taxable income, while growing my taxable nest egg at a S&P 500 like growth rate in order to maximize the ACA credit. Perhaps changing the broker account to "reinvest dividends" would also be a way? Never did my own taxes.
Anyone considering such a move, see a flaw, or a better way?
PS: I see Kff.org has a new map Mapping the Effects of the ACA's Health Insurance Coverage Expansions - Kaiser Health Reform
I am considering moving my taxable funds, which now have a dividend leaning, to stocks like BRK which has a good growth record, but pays no dividend. My goal is to minimize taxable income, while growing my taxable nest egg at a S&P 500 like growth rate in order to maximize the ACA credit. Perhaps changing the broker account to "reinvest dividends" would also be a way? Never did my own taxes.
Anyone considering such a move, see a flaw, or a better way?
PS: I see Kff.org has a new map Mapping the Effects of the ACA's Health Insurance Coverage Expansions - Kaiser Health Reform