- Higher lifetime taxes
- Lost ACA health insurance subsidies
- Increased Medicare IRMAA surcharges
- More taxes on Social Security benefits
- Larger Required Minimum Distributions (RMDs)
- A retirement portfolio that runs out sooner than expected
- $700,000 in a Traditional IRA
- $300,000 in a Brokerage account
- $400,000 in a Roth IRA
- Interest
- Dividends
- Capital gains
- Increase your tax bracket
- Increase ACA MAGI
- Increase Medicare premiums later
- Increase Social Security taxation
- Managing ACA eligibility
- Controlling Modified Adjusted Gross Income (MAGI)
- Performing carefully planned Roth conversions
- Funding living expenses tax efficiently
- Tax bracket management
- Future Required Minimum Distributions
- Medicare IRMAA thresholds
- Continued Roth conversions where appropriate
- Federal income taxes
- State income taxes
- ACA premium tax credits
- Medicare IRMAA premiums
- Social Security taxation
- Future Required Minimum Distributions
- Estate planning
- Age
- Tax bracket
- Account balances
- Spending needs
- Investment gains
- Pension income
- Social Security timing
- Healthcare costs
- State taxes
- Future Required Minimum Distributions
- How much spending is required?
- How much taxable income already exists?
- Is there room for a Roth conversion?
- Will additional income affect ACA subsidies or Medicare premiums?
- Which account produces the lowest lifetime tax cost?
- Spending requirements
- Taxes
- Roth conversions
- ACA planning
- Social Security timing
- Pension income
- Medicare IRMAA
- Required Minimum Distributions
- Investment growth
- Cash-flow sequencing
Retirement PlanningJuly 17, 20265 min read
The Retirement Withdrawal Strategy That Could Save You Hundreds of Thousands of Dollars
Most Retirees Focus on the Success Score of the Calculator or How Much to Withdraw. The Real Question Is Where It Comes From
By RetireLogica