Quote:
Originally Posted by Spoiler
Forgot to pay taxes.. LOL... hope you look good in an orange jumpsuit...
Seriously, having just retired this past fall at 57, I’m certainly thinking of what could happen. With an unusually big increase in the stock market, it certainly could appear as huge earnings to accrue on despite it being just on paper at this point.
I do have a guy though that I have been working with for about 20 years now that should allow me to not pay much in taxes ever again... but it has been in planning for years ...
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We had the money sitting in a money market account. It was just OH...CHIT! when we was told.
Being in Pa. We only have to pay the fed taxes. No state taxes on retirement income. We've looked at other states to move to. We would find advantage in one thing, but lose out on something else.
The big shocker was obomacare. Christ, as that gone up. Before obomacare. I could have gotten a PPO for $500 a month for two. The first year of obomacare was $1,200 a month. Now it's $1,800.