When you’re in the rat race, it’s pretty impossible to control your tax bill.
You get paid and your company reports it to the IRS and you have to pay taxes on it.
Except for deferred comp plans, you can’ tell your employer, “Hang back on paying me any more this
year. I’ve already got what I need.”
But once you’re no longer earning a paycheck, you can do exactly that.
When you’re living off of passive income from your portfolio, you can start and stop your income
whenever you want.
You can also generate passive income from taxable accounts or tax-deferred accounts or Roth accounts.
You can get paid from dividends or bond interest or capital gains.
The point is you have A LOT of tax levers you can pull.
And not to toot my own horn, but one of my specialties is not just helping people retire ridiculously,
insanely early.
It’s also keeping them in ridiculously, insanely low tax brackets once they do.
So don’t you worry about taxes once you hit 51 and retire.
I got you covered there too.
