Retirement Financial Planing

[nola mike]

I might actually like being at or close to the 37% tax bracket . . .

37% Bracket Income Threshold $768,700. . . if you are just below it . . .

Tax on $768,699 of income" The federal income tax on $768,699 of taxable income for a married couple filing jointly in 2026 is approximately $206,583, resulting in an effective tax rate of about 26.9%. ( you keep $562,116 . . . less about 48K in (my state) tax. . . . $514,000 ) . . . I might be OK with that.

Exactly. And don't forget your standard deduction (at least), which is a gross income of $800k.

 

[redneck joe]

we will be well below the $109k. They have a COLA on this number as well?