Earned Income Credit - I'm Not Doing a Roth Conversion.

We got Andre from Bavaria, Germany. He's 37 now and will be able to retire from his current job at 45 with $70,000 pre tax retirement income. We are also we also have a rental property worth $700,000 that we're breaking even on rent wise. What if we pay off our rental property and add $50,000 an annual income from rent? And how destroyed will we get on taxes if we decide not to work after retirement number one? But I don't think he's going to get destroyed in taxes by doing this the right way. If you're just simply looking at simply looking at your taxable income then it doesn't matter what kind of plan