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re: What is y'all's $ amount goal for retirement?
Posted on 10/21/14 at 5:21 pm to GRTiger
Posted on 10/21/14 at 5:21 pm to GRTiger
quote:
Well yea. We personally have a combo of pre-tax and after tax contribution accounts, so we aren't paying a bunch check of taxes in retirement. In my bug out scenario, I am talking about the liability on the 401(k) accounts, which are our largest accounts at this point.
yep, the 401 will take the taxes before sending you the check, IRA won't, so bug out strategy should include roll over to IRA, cash out, and buy first class seats on the swankiest airline for the first stop to being an ex pat
Posted on 10/21/14 at 5:43 pm to 777Tiger
quote:
the 401 will take the taxes before sending you the check
That I did not know. Will add the rollover to the steps.
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