Quote:
Originally Posted by MadInNc
I want my reported income as low as possible.
Helps w ACA
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My plan when I retire is to not owe anyone any money. That way I only have to pay basic monthly expenses and not draw to pay for a mortgage or anything. I also have both a traditional and a Roth 401k. When I start getting too close to the next tax bracket I'd draw from the Roth since it's already been taxed and keep myself out of the next bracket. Of course we'll have both our military retirements and both our SS checks which is going to keep us in a higher tax bracket. I'd just like to stay in the lowest one possible.