‹ BackHN Continuity

Thread

Show HN: How long do I need to work at my salary before I can coast, or retire?

51 points · 71 comments · karmanyaahm

  1. apparent · · focus · HN ↗
    Given the national debt (and the state debts in many cases), I do not feel comfortable assuming that tax rates will not change drastically. I wouldn't be surprised if Roth IRAs became taxable, at least for certain people. And there could be straight-up wealth taxes on "the millionaires" (which you pretty much have to be in order to FIRE.
    1. gedy · · focus · HN ↗
      You mean retire at all. I think this would cause a civil war if govt pulled this.
      1. edoceo · · focus · HN ↗
        I would love to see sales taxes removed and a wealth tax to replace it. Would obviously have to be a graduated roll out. We (USA) need a big changes in these rules; hope we don't need (another) cival war for it.
        1. [deleted] · · focus · HN ↗

          [deleted]

Open on Hacker News to reply ↗

Unofficial Hacker News client; not affiliated with Y Combinator.