What percentage of retirement is taxable. I mean like at what percentage? Like 80%?

[TomYoung · Accepted solution]

Here's the IRS's answer to that question if by "retirement" you really mean "pension":

"If you receive retirement benefits in the form of pension or annuity payments from a qualified employer retirement plan, all or some portion of the amounts you receive may be taxable."

In other words, "it depends".  There simply is no specific "universal" answer to the question.  At a guess, probably most pensions are 100% taxable but if you contributed after-tax dollars to your pension then some portion of the pension would not be taxed.

Tom Young

[SweetieJean]

Some states have retirement income exclusions.