I'm in my 50s and am planning for early retirement abroad - how do I reduce my taxes on the $9 million in my retirement accounts?
Briefly

from 24/7 Wall St.3 months ago
The adherence to F.I.R.E. can significantly grow a retirement nest egg, but early retirement brings substantial tax implications from the IRS and local governments.
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/01/im-in-my-50s-and-am-planning-for-early-retirement-abroad-how-do-i-reduce-my-taxes-on-the-9-million-in-my-retirement-accounts/
Unlike many other nations, US citizens face taxation worldwide, making it essential to consider the IRS implications when retiring abroad.
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/01/im-in-my-50s-and-am-planning-for-early-retirement-abroad-how-do-i-reduce-my-taxes-on-the-9-million-in-my-retirement-accounts/
A Reddit user with substantial retirement savings seeks to mitigate his tax liability through careful financial planning, especially under the 24% tax bracket.
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/01/im-in-my-50s-and-am-planning-for-early-retirement-abroad-how-do-i-reduce-my-taxes-on-the-9-million-in-my-retirement-accounts/
The complexities of tax law can create challenges for those considering relocating abroad during retirement, emphasizing the need for strategic tax planning.
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/01/im-in-my-50s-and-am-planning-for-early-retirement-abroad-how-do-i-reduce-my-taxes-on-the-9-million-in-my-retirement-accounts/
Read at 24/7 Wall St.
#fire #taxation #retirement-planning #expatriate-issues #financial-strategy
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