Quote:
Originally Posted by jchammond
You still have to pay taxes on what you draw out - just not the 10% penalty  |
Fortunately I have 65% of my money saved in post tax accounts. I can pull a blend of pretax and post tax money out for the next 50 years keeping my tax liability to a bare minimum. I have it worked out where I should never again pay more then 2% for the whole year... i have built this plan for the last 30 years, planning for the next 30... and holy crap, I’m here finally...
CHEERS... AND A ROUND OF BACON FOR EVERBODY....