Reply to How much shall I put into solo 401K?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This is a complicated question, and we can’t really answer it did you. I would get Turbo Tax or some such and play around with different scenarios, with both regard to your current tax situation and retirement. If you’re going to have a lot of yearly income from your real estate in retirement, your tax bracket may be high enough that the tax deduction you get now may not be worth getting hit with taxes on big RMDs in retirement. Ideally, you’d have only as much income from RMDs as you actually need to live on.

You can manage non-qualified investments so that they produce little taxable income, so the question is whether you will be in a lower tax bracket in retirement when you realize the “income” from a qualified fund, and whether you’ll need the income in retirement, or whether you’d be better off paying the tax now and letting the money continue to appreciate in retirement without RMDs.

Same issue with paying off the mortgages — you’ll need to run the actual numbers and see how that affects your net taxable income over time, now and in retirement. [/quote]

Thank you, this is my thinking as well. I just can’t figure out how to run this integrated analysis of all components. Do financial advisers offer this (without offering their products)? 
I am concerned that at some point in older age I won’t be able to manage my RE as efficiently. What if I get sick, mentally disabled etc? There is only one heir who is mentally handicapped and won’t be able to help me in older age. 
[/quote]

Pardon, didn’t finish the sentence - and because of succession issues I wanted to start solo 401 to have that “fallback” [/quote]

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