Tax Bomb Quiz

For couples with tax filing status “Married Filing Jointly”

If your tax filing status is Single, click here for the Tax Bomb Quiz – Single.

TaxBombQuizMarried

Introduction

“Do I have a tax bomb waiting for me in retirement?” This a common question new clients ask me. This quiz estimates the answer to that important question. Make sure to firmly hit the SUBMIT button at the end to get your result and the underlying key assumptions. The quiz is in four sections: 1) general information, 2) current assets, 3) future savings, and 4) future inheritances and/or business sales. Approximate numbers are fine; if you’re unsure whether an account pertains to you, leave it as a zero. This is a projection that uses current tax law and our combined best guesses about the future to evaluate the level of potential tax exposure you face in retirement. Feel free to reach out to discuss via the email button on the results page. All boxes require an answer for the quiz to calculate.

Disclaimer

By continuing with this quiz you acknowledge that this is for educational purposes only, does not constitute financial advice, and should not be relied on for making financial decisions. If you agree, please enter your initials below and then click Next to begin.

Your Initials (in case you want to discuss the results with me later).

If you are human, leave this field blank.