Geez, wait, we need to add another another $20k in annual reduced taxes to the government as my income wouldn't be subject to social security any more, so another $160k the government doesn't get to collect.
Geez, wait, we need to add another another $20k in annual reduced taxes to the government as my income wouldn't be subject to social security any more, so another $160k the government doesn't get to collect.
Geez, wait, we need to add another another $20k in annual reduced taxes to the government as my income wouldn't be subject to social security any more, so another $160k the government doesn't get to collect.
Total loss to government: $1.2m+.
Call me crazy, but I’m starting to think you should retire early.
You're not crazy. But that also means forgoing income. The government doesn't take all of it :)
Had I but a bit more stashed away, it'd be a no brainer.