You're probably going to pay off your house and you'll be in a lower bracket. Nice trick. Also, how will you make your expenses on that lower income with an increased cost of living. I guess you'll hunker down, not drive or travel and never need money to replace or buy anyhing. Pass the joint when you're done.
Just to drive you crazy. Borrow equity, it's not taxable. Pay 4% (net after deduction) and invest it at 9.62 tax free, with a death benefit, no age restrictions, or contribution limits. Are we high enough yet?
correction 9.61.
You clearly are. You're advocating paying 28% tax now on all my retirement, reducing my principal, to avoid paying likely 10-15% on the portion of my retirement beyond my exemptions and deductions when I retire.
I'm sure I can come up with some bogus example to prove my point as well as yours, but I really don't have the time.