In this post:
viewtopic.php?t=434084
I read, among the replies, the following, from two different respondents:
"In general withdraw first from a taxable brokerage account during the first years of retirement . . . ."
versus
" . . . there's common themes to tap the Tax-Deferred accounts first (reduces future RMDs and associated "tax time-bomb"), then Taxable accounts, then Tax-Free Roth last . . . ."
To be fair, both respondents qualified their remarks with statements to the effect that there is no right answer, that it depends on individual circumstances. I respect that. But I'd love to hear some discussion of the pros and cons of these seemingly opposite philosophies. I struggle with them myself, and see merit in both. (I'll leave aside the Roths for now, since there seems to be a relatively firm consensus that for most folks, Roth should be tapped last, and if able, not at all.)
Thanks.
viewtopic.php?t=434084
I read, among the replies, the following, from two different respondents:
"In general withdraw first from a taxable brokerage account during the first years of retirement . . . ."
versus
" . . . there's common themes to tap the Tax-Deferred accounts first (reduces future RMDs and associated "tax time-bomb"), then Taxable accounts, then Tax-Free Roth last . . . ."
To be fair, both respondents qualified their remarks with statements to the effect that there is no right answer, that it depends on individual circumstances. I respect that. But I'd love to hear some discussion of the pros and cons of these seemingly opposite philosophies. I struggle with them myself, and see merit in both. (I'll leave aside the Roths for now, since there seems to be a relatively firm consensus that for most folks, Roth should be tapped last, and if able, not at all.)
Thanks.
Statistics: Posted by syc — Fri Jun 21, 2024 7:12 pm — Replies 13 — Views 817
