Talk of The Villages Florida - View Single Post - Move all investment money into fixed income?
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Old 11-21-2022, 01:13 PM
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Quote:
Originally Posted by blueash View Post
If you cash out all these longly held ETFs etc. you need to consider how much taxable income you will generate and will you pay more in taxes than any real risk of a downturn in the markets. If you don't need those invested funds now or in the predictable future they will be part of your estate and will pass to your heirs at the stepped up basis of their value on your date of death.
Unless.....they're held in tax deferred accounts