If you’re in a 401k, IRA or other tax deferred plans, you already have a lot of tax exposure during retirement, perhaps 7-11 times more that you defer.
Well, I’m retired for 7 years now and am living off of my IRA income. I was planning on selling my house in a few years and augmenting my income after some inflation. If he’s going to take 1/3 of the profits, that’s gonna leave a mark. I don’t live on much money. I plan my tax liability ahead of time and remove the proper amount. I’m not the kind of person that figures out how much money I need for my diesel pusher motor home and my trip to Alaska and removes $80k and to hell with the taxes and penalty. I usually take out the maximum I can take and still pay about 10%. If I need more, I get it elsewhere. When I retired I knew my lifestyle would change drastically.