Originally Posted by
Bottlen0se
I like having different pots of money to pull from at various stages of my life. Outside of my 401k and Roth IRA, I keep a brokerage account. I’d rather load up my brokerage and generate dividend income. So what if it’s taxable. I can use that money to work less perhaps later in my career.
I think the same way. My brokerage is all taxable and I am very big into dividends and pay the taxes each year as I go. Thus a large percentage of my portfolio is "post tax" money. The way I look at is all income is "taxable" its just a matter of when. I for one think taxes will be "more" in the future not less. As far as making less money after retirement and being in a lower tax bracket that is true to an extent , but in my case (and hopefully most Pilots) I will still be making enough to pay hefty taxes until I croak and then its my kids problem.
The whole deferring all income at all costs seems to make sense to me only if your post retirement income will drop well below 6 figures.
Scoop