Good morning,
In the ramp up I am thinking of going above my typical 4% just so I can get some projects done. Having said that and not knowing all the tax ramifications on my taxable/non taxable accounts withdrawals I know that when I take them now (withdrawals) vanguard says the tax consequences are minimal if at all. So to put this I guess in the safest manner to protect me worse case scenario I am looking to see how much one might think I can withdrawl for the year with minimum or a tax amount that makes sense combined with my DW new income. If this seems like a dumb question I apologize but just looking for a round number and I will stay away from it to be safe. So here is info that I have I think is needed.
My DW income is 35k a year and we pay through her employer 480 a month for Health insurance but she just started before the year started ( we did this just for a year or till this health shit gets straightened out with the ACA) so she's not qualifing for anything else.
We have us 2 and 4 kids so 6 in all.
House is paid for and property taxes lets call it slightly rounded up to $3500 for the year.
That's pretty much it.
No debt beyond that etc.. and where done contributing to 529's so I can think of anything else.
If easier to just look at if two people were working so 2 incomes that's fine too. Just trying to figure again around number that I can take overall this year to get some shit done. Nothing I am doing would give me really tax credits either.
Thanks...
And I am not going to hold anyone to anything as I understand its very broad question in scope but it is what it is.
