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Reply to  Mike eight years ago Mike, When the White Coat Trader, suggests “max out the 401k and DP/CBP,” he signifies try to be Placing away $500-700K per year in there simply because, when you mentioned, that you are in the very best tax bracket in the best earnings tax point out in the nation.I’m simplifying and rounding wantonly in this a

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Heirs having a lower marginal tax amount is usually a fantastic level that is usually overlooked. Even within the celebration your post-retirement marginal tax fee is significant, which is a fantastic problem to get, odds are Your kids are going to be in the Considerably decreased tax bracket, notably In case you have various little ones with which

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