Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: w0z who wrote (2791)	2/12/2015 10:35:05 PM
From: the traveler	Read Replies (1) \| Respond to of 26768

Sure that's all standard stuff and I have no problem with the mathematics of the situation. But as I said before, the correct answer for a specific individual is not knowable--simple as that. On the other hand--playing with the probabilities is always an available option. Good luck.

To: w0z who wrote (2791)	2/13/2015 12:26:17 AM
From: Kirk ©	Read Replies (1) \| Respond to of 26768

I generally agree that it is better to wait, especially if you have cash to spend while you wait. The issue you didn't mention is how taking RMDs from our portfolios as supper successful investors will put us in high tax brackets so we'll pay higher taxes on the "means tested" Social Security payments. Maybe it doesn't matter, but I'm starting to think about doing the math to retire really early to take smaller RMDs sooner and perhaps stay in lower tax brackets.... and these are for IRAs I haven't put anything into since 1998! When the markets were in major bear markets, I took the opportunity while having small income to convert some IRAs to ROTHs at very low prices so that worked out well.