View Single Post
Old 01-25-2020 | 09:07 AM
  #37  
bugman61
Line Holder
 
Joined: Oct 2014
Posts: 1,015
Likes: 13
Default

Originally Posted by Tailhookah
Tax sheltered money. That’s upfront a savings of roughly 15-25%. Plus 4-8% return. Later when your income is much less you’d be in a lower tax bracket. If you can beat that long term please call the Oracle of Omaha. He will give you the keys to the castle.


In addition to what Trip7 said, if you don’t shelter the money now, you will only pay long term capital gains rates on withdrawals above your basis when you retire. And that almost certainly is far lower than your marginal income tax rate in retirement.


Sent from my iPad using Tapatalk
Reply