Wednesday, August 8, 2018

Income Distribution

As I approached retirement and began the planning process, I put together the following charts which depict how the distribution of our income is expected to change.  With no money going into social security or 401(k) accounts, combined with a lower tax bracket, the improvement in the percentage ending up in our wallet is pretty nice.  Your results will likely be very different, but planning ahead and knowing where you are, and where you will be, takes a lot of stress out of your golden years.

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