How to Forecast Your Expenses in Retirement - 406
Your Money, Your Wealth
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Roth IRA Conversions
One and Tuesday plan to live on $80,000 a year with 40,000 of that coming from the total IRA accounts. One will begin taking Social Security, which will reduce the amount he can take from the IRA amounts. At 72 R&B's kicking then $2 million is still growing and most likely forces them into the next tax bracket at some point.
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