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Reply to "Looking for some financial investment advice"
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[quote=Anonymous][quote=Anonymous]You have to be at a million plus. Otherwise the costs of the avoidance is more than saving in taxes. Sorry he needs to make more to avoid taxes.[/quote] He he he. I'll let him know :) I don't know if the $85k is the exact final number. I just plugged his numbers into one of the online calculators. But really, there's nothing there. Straight salary less 401k, a few thousand in charitable donations., add interest from the savings account and that's about it. I'm guessing it's not that far off. But it would be nice if I was doing something wrong.[/quote]
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