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The best way to answer this question for you is to determine your marginal tax rate. If your income is all taxable at standard rates, let's assume your marginal rate is 33%.
The draw form my investments will be my only income
Right. If capital gains, lower rate. If from retirement accounts, ordinary income. The rate estimate is not unreasonable.
If your taxable yield is 3%, and your taxfree is more than 2.0%, choose taxfree.
O.k. that sounds reasonable. Thanks.
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