I wrote/mailed tax checks today...

I was going to buy a motorcycle but thats been pushed back a bit.....

@tablejockey 

that's great. I am looking forward to joining that seemingly elusive club. I've got 7 years to go until F.R.A.

Not so fast. Retirement takes more planning to avoid taxes. Take too much in regular dividends and capital gains and you'll still be paying them. Some people who didn't plan ahead thought they'd be swimming in tax-free investment income during retirement, but are unpleasantly surprised.

@waytoomuchstuff 

Fax ... lol ... I get it.

BTW, to the misinformation above, Trump lowered the tax rates for those making $10,000 - 216,000 and for couples to $432,000. Look it up. There's a difference between not liking someone and spreading misinformation because you don't like someone.

@jssmith 

A number of taxpayers, after losing deductibility of some state/local taxes, paid more following the recent tax cut. Maybe that’s what the poster was referring to?

Does everyone at least have their system playing as it should? Listen to some uplifting music because today’s market beating was a good one.

OUCH!

"Not so fast. Retirement takes more planning to avoid taxes. Take too much in regular dividends and capital gains and you’ll still be paying them."

jssmith-

Who said anything about being "tax free?" That’s laughable! I plan on paying taxes for 33 years after my FRA. After that, I’m blowing the rest on a rented Ferrari to Vegas and strippers.