Lincoln County. NC |
gene_champ - 2/21/2021 19:36
Tough to make portfolio grow in later years, with increasing RMD (Government wants the tax dollars).
RMDs can be reinvested in taxable accounts in whatever investment makes sense. It's not like you have to spend the money. We are converting as much Traditional IRA money as practical to Roth accounts before RMDs kick in.
Years and years of deferring income, disguising income and generally minimizing taxes to a large degree only postpones taxes. Right now I'm maximizing tax payments in the lower rate brackets because I don't expect them to last as long as I do.
And as long as I have earned income I'm still making Roth contributions.
Edited by RickB 2/22/2021 03:32
|
question ETF vs mutual fund`
