3339: A Surprising Contender for Tax-Efficient Retirement Saving by Darrow Kirkpatrick of Can I Retire Yet

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Episode 3339:

Darrow Kirkpatrick challenges conventional retirement advice by showing how a taxable account, when optimized for capital gains and held by low-bracket retirees, can rival the performance of tax-free retirement accounts. His simulations reveal the surprising tax efficiency of these investments, emphasizing the importance of income smoothing and smart asset placement over simply following standard saving strategies.

Read along with the original article(s) here: https://www.caniretireyet.com/surprising-contender-for-tax-efficient-retirement-saving/

Quotes to ponder:

"One secret to successful retirement saving, in addition to getting started, is to avoid paying taxes, especially in high income tax brackets."

"Owning capital-gains-generating securities as much as possible in your taxable accounts can pay off big-time over the long haul, especially if you live in the lower tax brackets."

"While most taxable accounts can’t outperform the average tax-free account, they do have one clear advantage: far fewer rules about what you can and can’t do with your money!"

Episode references:

How to Access Retirement Funds Early: https://www.madfientist.com/how-to-access-retirement-funds-early/

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