This is such excellent content, Justin. I did many calculations, up to age 100 for both of us, making sure we would have enough money to last, and enough money to self-fund long term care. But I totally missed how the plan would work if one of us died early. Not only the widow or widower tax trap, because the survivor would need to file taxes as a single person. But also, what if the higher earner passed early, before collecting delayed social security. That could significantly change the lifetime income for the survivor.
Thanks for the great content, Justin! Simplification for the spouse less involved in the finances is an excellent suggestion! Da Vinci: " Simplication is the ultimate sophistication."
Love the content. Fan from St.Louis. I've watch your previous content. Found your channel a few months ago. This channel will be in play when I get married. My 457 is a Roth. I'd rather pay now than
This is such excellent content, Justin. I did many calculations, up to age 100 for both of us, making sure we would have enough money to last, and enough money to self-fund long term care. But I totally missed how the plan would work if one of us died early. Not only the widow or widower tax trap, because the survivor would need to file taxes as a single person. But also, what if the higher earner passed early, before collecting delayed social security. That could significantly change the lifetime income for the survivor.
Thanks for the great content, Justin! Simplification for the spouse less involved in the finances is an excellent suggestion! Da Vinci: " Simplication is the ultimate sophistication."
They say opposites attract, and I've seen that plenty of times. That's a great quote, too, thanks!
Love the content. Fan from St.Louis. I've watch your previous content. Found your channel a few months ago. This channel will be in play when I get married. My 457 is a Roth. I'd rather pay now than