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Reply to "Anyone else dealing with this issue of "gap years" before retirement? "
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[quote=Anonymous]Hey guys- there is simply no issue. You pay tax now or tax later. There is no "tax bomb" . Money in your 401K is just money you have never paid taxes on. The money inside your brokerage you paid taxes on it before you put it in your brokerage and you will also pay taxes on the gains. Most people will be in a lower tax bracket when they retire (let's say you take out 200K a year when you retire but make $400K now). For the vast majority of high earners, it makes sense to shelter as much money from taxes now by putting it in your 401K so that the money can grow unencumbered. It doesn't actually make sense to save in a brokerage until you have maxed out your 401K. [/quote]
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