Quote:
Originally Posted by Shazam
Well yeah, if you're rich now and you expect to make a lot less in retirement.
But most people are middle-class shlubs and therefore this typically doesn't hold true - they never made it to the top marginal tax rate, so they'll always stay in whatever rate they're in now.
Also you have to start withdrawing by 71, the Cons made it less onerous, but I can see the other parties changing that legislation back.
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Even middle class shlubs will be in a lower tax bracket at retirement.