Taking out a loan has nothing to do with RMDs or doing Roth conversions in your early retirement years. If you don't do that, you will have other problems like being pushed into a higher tax bracket than necessary or being subject to the IRMAA premiums when using Medicare.
But let's say that in OP's case maybe everything is in taxable and they want to spend more than their regular income streams provide (eg, SS, Pensions, rental properties). If you can live just on your yearly dividends and your regular income stream, there will not be a need to sell anything. Why incur LTCG when your estate can get up a step-up in value when you die?
But let's say that in OP's case maybe everything is in taxable and they want to spend more than their regular income streams provide (eg, SS, Pensions, rental properties). If you can live just on your yearly dividends and your regular income stream, there will not be a need to sell anything. Why incur LTCG when your estate can get up a step-up in value when you die?
Statistics: Posted by celia — Mon Apr 01, 2024 12:36 am — Replies 61 — Views 4471