Author Topic: Reader Case Study: Can I retire in 10 years or less?  (Read 17560 times)

MustacheWantaBe

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Re: Reader Case Study: Can I retire in 10 years or less?
« Reply #50 on: February 24, 2014, 10:04:28 AM »
Have you compared your potential savings if you were to utilize regular 401k and traditional IRA instead of Roth?  I think at your income level you can optimize taxes by saving on pre-tax basis and maxing out your 401k, HSA, IRAs (for you and your wife) and taking advantage of various tax credits available.  Do some math and see how this would work for you.

This is an excellent thread discussing this exact topic:

https://forum.mrmoneymustache.com/welcome-to-the-forum/optimize-your-taxable-income/
I will work on this sometime this week and update here, thanks
« Last Edit: February 24, 2014, 01:37:03 PM by MustacheWantaBe »