Steve (Caller)
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Appearances Over Time
Podcast Appearances
Right.
I wouldn't want to do all of that, but here's what I was thinking.
My income puts me in the 12% tax bracket.
If I take...
withdrawals from the IRA and keep it below the next step in the tax.
Wouldn't that make sense?
I am 73 years old.
I am a retired firefighter.
I have a pension that brings me about 43,000 a year.
My wife is a retired flight attendant.
And she brings in about $32,000, $34,000 a year.
Without the money in the IRA.
No, no.
Hey, me and my wife, we have a little β it's a good problem.
We have a paid-off house.
We don't have any debt, and we have 1.8.
$1.2 million net worth.
I retired from UPS and National Guard, and I get a disability.
And I bring home every month $6,500 a month, and my wife brings home $4,000 a month.