America's Fastest Growing Independent
Financial Advisory Network
A Nationwide Network of 100% Independent & 100% Objective Fee-Only Financial Advisers
|The-Adviser.com The place to come for answers|
I be in a lower tax bracket when I retire?
By The-Adviser.com -
- If your income in retirement does not decreases, it is a good
change that your tax bracket will not either. If you've saved
substantially during your working years, you may actually be in the same
or a higher tax bracket when you retire.
In order to calculate your exact tax bracket, you need to calculate what your known taxable income will be. This includes the following income:
Compare your retirement income with your pre-retirement income and adjust your deductions accordingly.
Tax law and issues are every changing and is extremely complicated. Even if you always did your own taxes and plan on doing so when you retired, you should consulting with an independent Fee-Only financial adviser to ensure there are matters that you have not overlooked.
If you have a fully paid off home, the loss of the interest deduction may result in a higher taxable income when you retire?
Got an investment question?
Open a professionally managed account:
You don't need to be rich to hire a Financial Adviser. Just Smart
Independent Adviser Corporation is a Registered Investment Adviser that
specializes in helping individuals, families and businesses develop
investment and financial planning strategies.
Do you have a question about your investments?
© Copyright. The Independent Adviser Corporation. All rights reserved. Important Legal Information