<prompt> Human: Say if I invest most of my income when Im young and retire when Im 60.So Im no longer working and my investment has grown to one million dollars with 500k being capital gain. Since I have no actual income, my tax bracket would be 0. So my capital gains rate is also 0.Does that mean I can withdraw all one million dollars without having to pay any tax at all?Something seems wrong but Im not sure what Im missing  <response>: You only get the preferential rate on long term capital gains up to the amount required for you to cross into the 25 marginal tax bracket. After that you pay the 15 LTCG rate. 