 Also, if you're not careful, you could trigger something known as a tax torpedo. Ryan, you alluded to it, that when you get the money from your pension, when you get the money from your IRA and your 401k, and then you get your Social Security, it could push you into a higher tax bracket, and you're forced to pay that higher marginal and capital gains taxes. Plus, here's the kicker. You also have Medicare premiums that could go up when you first retire because you have too much money that you're getting on a monthly basis.