"The only caution I would give is - we don't know what the tax rates are going to be in the next two years. This administration and congress has been so wrapped up in the HC debate that tax law has been pushed to the side. The administration has indicated new tax increases, but has not made any firm proposals to congress. By this strategy, you are sending your clients into an unknown."
Tom,
I made my scenario so I covered all the basics. Remember, they got $100,000 for the lotto this year. In the next 5 years, MFJ will make 35K to 40K. Regardless of what Congress or the president devices, it will not affect them much.