I cannot seem to come to a conclusion on what the best retirement plan is for me. I am self employed, I make $330,000. In 2026 I will make $450,000. In 2027 I will make $600,000. In 2028 I will make $700,000. I have almost no business expense deductions. I guess I’m in the 35% tax bracket now. No matter how many times I try to figure this out I can’t get a solid answer as to whether I should have a Traditional Solo 401K which I will fully fund $69,000 per year, or a Roth solo 401k which I will fully fund $69,000 per year.
How do I figure out what tax bracket I will be in during retirement? How do I figure out if deducting $69,000 against my income with a traditional Ira will help me? I know this is fairly simple but I can’t figure it out. Thank you very much.