A 55-year-old Redditor in the ChubbyFIRE community, aiming to retire in five years, is grappling with the implications of their $2.5 million Apple stock in relation to capital gains taxes. Currently possessing $600,000 in retirement accounts and $700,000 in two rental properties, the individual is focused on limiting their modified adjusted gross income (MAGI) to maintain eligibility for ACA subsidies. Various Reddit commenters provide opinions on how to manage the stock's profitability while transitioning to retirement, addressing a paradox where significant wealth raises concerns about qualifying for government healthcare support.
The Redditor seeks strategies to limit capital gains tax while transitioning to retirement, dwelling on the implications of modified adjusted gross income during early retirement.
Reddit commenters offer diverse strategies to manage taxes efficiently, highlighting concerns around qualifying for ACA subsidies amid a high modified adjusted gross income.
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