almost there
Thinks s/he gets paid by the post
- Joined
- Sep 24, 2008
- Messages
- 1,022
So, I got out of the rat race at 52 last summer.
Best move I ever made.
Am now looking at long term options in the Tax arena.
To find out the best moves tax wise, would you ask a CFP or Tax person?
Am thinking about doing a 72t now with my $475k IRA to pull a smaller amount out ($20k) every year to avoid large chunk distributions down the road. Am thinking I should access the money now while staying in a lower tax bracket.
Before SS (62), , and a $400k lump sum or $2200 mo. annuity retirement fund @ (59 1/2) will be available
Plan to let the $120k Roth sit for old age....
What would you do at 53?
Thanks!
Best move I ever made.
Am now looking at long term options in the Tax arena.
To find out the best moves tax wise, would you ask a CFP or Tax person?
Am thinking about doing a 72t now with my $475k IRA to pull a smaller amount out ($20k) every year to avoid large chunk distributions down the road. Am thinking I should access the money now while staying in a lower tax bracket.
Before SS (62), , and a $400k lump sum or $2200 mo. annuity retirement fund @ (59 1/2) will be available
Plan to let the $120k Roth sit for old age....
What would you do at 53?
Thanks!