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Personal Finance Topics / Retirement Investing
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Author: sutton   😊 😞
Number: of 667 
Subject: Re: 401k
Date: 11/04/2024 1:45 PM
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So I said to myself: Self, proofread before posting, because on review there will be a mistake.

Nah, I said. Chores to do.

-----------------

Ahem

At the ten-year mark, both Gorge and Martha will owe 24% on the capital gains in the brokerage account, not the balance. So while the relative positions will be unchanged, each will cash out 12% more from the brokerage: Martha gets $13,376 ($33,376 total) while George takes home $17,600 ($32,800)

-- sutton
sheesh
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