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Reply to "Current Tax Bracket vs. Retirement Tax Bracket"
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[quote=Anonymous][quote=Anonymous]We're in the 25% federal bracket now. Expect it to be lower in retirement in a dozen years or so. ("retirement" being the age when I expect I will no longer be able to work)[/quote] Do you have retirement money saved? If you do, even if you DON'T retire you are required to take you "minimum distribution" from IRA accounts. Unless its all in a Roth IRA - you are going to be taxed on those dollars. also your social security will be taxed...not all of it but some of it will be taxed. This income will also count towards determining your tax bracket [/quote]
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