It just occurred to me that I might want to calculate my estimated annual income from dividends, annual interest earned on CDs AFTER I have cashed in all those IBONDS in 2030 throught 2023, social security, capital gains, and whatever else I normally get. THEN look at the tax brackets I will be in. Perhaps I should adjust how I live based on that period of life, which is, after all, only 8 or 9 years away. If I don't want to be in that ridiculous tax bracket, what should I spend the money on now? My grandkids will unwisely spend it, probably to their detriment. Hmmm....what are the options? Buy real estate and let it stand vacant (no WAY I want to care for properties or renters - not in my nature)? What else could I do? I guess I could buy stocks. I only have 10 percent of my money in stocks (Vanguard total stock market). I really need the treasury to let us buy ibonds in large amounts again. Hmmmm.
Any ideas besides vacant real estate ? (I do have one son who could use it in New York City). Hmmmm Right now I am in a state with a 10 percent income tax but no sales tax, in a modest home. I don't really like flashy things.
