U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Retirement
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 01-10-2008, 03:18 PM
 
5,825 posts, read 13,326,782 times
Reputation: 9303

Advertisements

http://swz.salary.com/CostOfLivingWi...28.html#moving

You might try the COL calculator at this website.
Reply With Quote Quick reply to this message

 
Old 01-10-2008, 03:54 PM
 
259 posts, read 1,183,367 times
Reputation: 101
Quote:
Originally Posted by forest beekeeper View Post
Only if you allow your taxable income to go too high.

Subtract your deductions, than subtract your exemptions, then any write-offs. Your Gross income has all of these things subtracted before it becomes your AGI. Only the taxable part of your income counts and then is when you start working your way toward the $18k bracket.

The highest state income tax bracket is 9.9% by the way.

We have maintained our income fully sheltered since 1983, when we first started taking IRS courses and learned how to do tax-planning.

I have only been retired since 2001, before that I too was 'earning a paycheck', my income tax 'situation' has not changed simply because I qualified for a pension. My Gross income dropped, but my tax obligation has remained the same. Zero.

Such is the lifestyle of anyone who does tax-planning.
Thanks.......but yeah, I grasp the basics of the tax return prep. Let me know what you charge as a CFP though, that is quite the "tax-planning" strategy you got going there.
Reply With Quote Quick reply to this message
 
Old 01-10-2008, 04:00 PM
 
Location: Forests of Maine
30,692 posts, read 49,482,998 times
Reputation: 19136
Quote:
Originally Posted by casualobserver View Post
Let me know what you charge as a CFP though, ....
I did it for years as one of my hats in the Navy.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Retirement
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top