I was just asking about your Federal rate. Neat little estimator:
Tax Brackets (Federal Income Tax Rates) 2000 through 2008
It's going to be your own personal calculus. As you can see from the posts, no one can be sure what the future holds. I have a relatively large income and a large mortgage, both because I live in California where cost of living is higher. My plan in retirement is to have no mortgage and (try) living on a smaller income. No mortgage + standard deduction should keep me from having to draw too much from my retirement accounts. Now just to be clear, I've hedged my bets as well by opening Roths, but my accounts are weighted more in traditional. I plan on building up after tax accounts later as well.
Tax Brackets (Federal Income Tax Rates) 2000 through 2008
It's going to be your own personal calculus. As you can see from the posts, no one can be sure what the future holds. I have a relatively large income and a large mortgage, both because I live in California where cost of living is higher. My plan in retirement is to have no mortgage and (try) living on a smaller income. No mortgage + standard deduction should keep me from having to draw too much from my retirement accounts. Now just to be clear, I've hedged my bets as well by opening Roths, but my accounts are weighted more in traditional. I plan on building up after tax accounts later as well.
