 What happens if taxes dramatically go up? Am I going to have enough money to live? Because I have these basic necessities that I have to take care of. So what I'll do is I'll just end up taking more money out of my retirement accounts to make up the difference. Well, what you're essentially saying is you're going to keep taking more money out and possibly drive you into a higher and higher tax bracket, which means the money dwindles quicker and quicker and quicker. So that actually is a big concern for a lot of people.