Even if it takes a whole day of work, you would earn roughly 2 months of income with that time. Or if you compare it to your monthly savings, then it's probably going to be many times months of income.gjgarcia41 wrote:However, I highly doubt refinancing would amount to about an hour of work for me...
You get adjustments, deductions, exemptions, credits that can reduce the effect of the 10% marginal rate at retirement.BigOilTexan wrote:Lets say 25% tax bracket now, 10% at retirement.
1) Contribution -> 0% tax -> 401(k) pre-tax -> distribution at retirement -> 10% tax
How do you get 0% in and 0% out?
Any time is a good time to buy in the long run, but people tend to look for a better time -- and as you highlighted, we simply do not know when that is.snowman wrote:a great chart because it drives home 2 simple points: 1. short term, we simply do not know; 2. long term, any time is a good time to buy