Poll: What is your biggest expense in retirement

When I was in Massachusetts, we called it, “Taxachusetts”.

Ohh, it’s still called Taxachusetts! It’s just that I’m now retired and DW brings home the “bacon bits and benefits” - she works for a local college and makes hardly anything in pay. But at least she can get employer sponsored health insurance and 401K match up to 8%. She has another year before she hits 65 and can join me in retirement.

But to answer your question, our tax liability for 2021 was:

Federal = 1,859
State = 1,405
TOTAL = 3,264

That puts total taxes just between Miscellaneous Expenses and Home/Auto/Umbrella Insurance.

'38Packard

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