True. If I were to sell an appreciable amount of stocks take a large IRA distribution or sell real estate, then IRMAA and possible NIIT would be an issue. Fortunately, I've been able to avoid that by living off of my ROTH IRA's and having a decent emergency fund to cover unexpected expenses.
The required income for my living expenses are very low (by design) and are planned to be until 2028 or so when I will switch to tapping my investments and possibly social security instead of the Roth IRA's.
Yes, I'm more concerned about what happens if/when I get to 75 and the RMD's start. For that, my strategy will probably be to take taxable income up to the 22% tax bracket and stash the excess away in money market accounts or CD's in 2028 and beyond. Of course this will mean getting taxed on interest, but it will also ensure that I have funds to add to my emergency savings to live off when the market is down and it is a bad time to liquidate holdings.
The required income for my living expenses are very low (by design) and are planned to be until 2028 or so when I will switch to tapping my investments and possibly social security instead of the Roth IRA's.
Yes, I'm more concerned about what happens if/when I get to 75 and the RMD's start. For that, my strategy will probably be to take taxable income up to the 22% tax bracket and stash the excess away in money market accounts or CD's in 2028 and beyond. Of course this will mean getting taxed on interest, but it will also ensure that I have funds to add to my emergency savings to live off when the market is down and it is a bad time to liquidate holdings.
Statistics: Posted by hwstar — Sat Oct 04, 2025 5:36 pm — Replies 7 — Views 629