The answer to that question is, largely, yes. Obviously not everyone can get into a 0% tax bracket in retirement but, working with your tax professional, there is a surprisingly large amount of people who can. Even if one doesn't quite get to 0%, we believe there are certainly good reasons to shoot for it:
Let's examine these issues.
You would be concerned if your investment portfolio suffered a 25% loss every year, wouldn't you? So why wouldn't you be concerned if the government took 25% of your retirement income every year?
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1 Comeback America, David M. Walker, Random House.
In 2018, the United States saw the biggest overhaul to the tax code in 30 years. Download our free ebook now to learn about how these changes impacted the financial landscape.