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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Nothing wrong with max tax advantage(retirement) accounts.  But once you get past saving gross 25% of income might makes sense start putting money into a brokerage instead.  This will give flexibility concerning taxes and forced withdrawals from retirement accounts at age 72.[/quote]

+1. [b]Minimum withdrawals can push you into a higher tax bracket faster than you think.[/b] Especially if you think you will have enough to leave $$ for your heirs — non-qualified accounts can be much preferable from a long-term tax perspective. They can be inherited with a stepped up basis and no withdrawal requirements (unlike qualified funds).

I wouldn’t leave any employer match in the table, but we always contributed the amount that would get an employer match and then put the rest of our savings in non-qualified funds, and we have still ended up with a higher RMD than we need to live on. [/quote]
I agree with this.  Those who think they will be in a significantly lower tax bracket in retirement are deluded, or will have very low mandatory withrawals.  2022 tax brackets are 22%	for MFJ incomes of $83,551 to $178,150 and 24% for MFJ incomes of $178,151 to $340,100.  Unless your SS plus RMD are less than $83k combined, you will not see a significant change in your tax rate.  DIVIDENDS on the other hand are taxed at only 15% for those whose income is between $83,551 and $517,200.  Dividends that accrue in a 401k are taxed at income tax rates upon withdrawal.  I also wouldn't be surprised with an overall tax rate increase in the next 20 years.

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