coltsfan53
Dryer sheet aficionado
I am 41 and strongly considering ER or semi ER in the next year or so. My question is what is the best way to draw down my portfolio and what TAXES can I expect to pay? My wife plans to keep her job at least part time, thus, the filing together or separately becomes another basic issue. Her part time income is likely to be under $20k.
My SWR is $49k or so on a current $1.3mm portfolio, evenly divided between taxable and tax deferred holdings. Our cost of living is below the $49k so taking less is feasible but not preferable given our penchant for travel.
Thanks for your input.
My SWR is $49k or so on a current $1.3mm portfolio, evenly divided between taxable and tax deferred holdings. Our cost of living is below the $49k so taking less is feasible but not preferable given our penchant for travel.
Thanks for your input.