“ At least with stocks you sell a smaller amount each year to avoid the highest 23.8 rate. You could probably get the 0 or 15 rate when retired and 15 or 18.8 rate when working.”
Exactly. And wait to move out of CA to sell stock.
When I was a teenager in the 1990s, I assumed high tech medical advances would make death avoidable by the 2060s when I will be in my 80s.
Like the promise of flying cars that let down boomer children, looks like this won’t happen. But the cell phones of 2060 will have 48 cores and literally no bezel at all. I may want in 2060 a jitterbug phone that looks like a 2005 razr with bigger physical buttons.
[quote=gzz]“ At least with stocks you sell a smaller amount each year to avoid the highest 23.8 rate. You could probably get the 0 or 15 rate when retired and 15 or 18.8 rate when working.”
Exactly. And wait to move out of CA to sell stock.[/quote]
I like San Diego so not planning on moving out. Problem with CA taxes is that it is very progressive. If I retire early, long term gains of 80K to 250K results in fed taxes of 0 to 9 percent and CA taxes of 3 to 7 percent. Not bad and definitely not worth dying over.
.
