Thread: Life Retirement Thread
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Old 11-04-2024, 05:10 PM   #286
TinyEvel TinyEvel is offline
Just a li'l Evel
 
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Join Date: Sep 2005
Location: Bald. Goatee. Jorts.
Casino cash: $2439601
Quote:
Originally Posted by 2bikemike View Post

What I failed to do was invest in a Roth. I have around a 14-16% effective tax rate in retirement. Nothing sucks more than to pay Uncle Same $1600 bucks for every $10K you withdraw from your IRA.
From what I understand they can only tax the GAINS in an IRA since you contribute to it with after tax money.
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