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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Pogeu Mahone who wrote (136984)7/28/2008 8:30:13 AM
From: MoneyPennyRead Replies (6) of 306849
 
Depending how you manage your income this year, there is no capital gains due on adjusted incomes under $65,100 for couples and $32,550 for singles. This is why I applied for early SS and retired when I was laid off in January. My earned income will be small and the SS only 18k a year.

I have until 2010 to trade with impunity in my capital account and take some highly appreciated stock profits which I can live off of for the next two or four years. This windfall is seldom discussed in the media. I've seen it only mentioned in passing.

This is a 3 year window that all should be trying to take advantage of if they can manage their bring their incomes to this level. MP
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