Hack Your Wealth

Wealth building hacks for lawyers, engineers, & MBAs.

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Tax filing updates to be aware of this year (tax year 2020) (HYW067)

Tax filing updates to be aware of this year (tax year 2020) (HYW067)

By Andrew C. • Updated: March 17, 2021 • < 1 • Leave a Comment

Katelynn Minott, CPA and managing partner at Bright!Tax, shares key tax filing updates to be aware of when you file your tax returns this year.

Asset location for non-traditional assets + considerations for early retirees (HYW063)

Asset location for non-traditional assets + considerations for early retirees (HYW063)

By Andrew C. • Updated: March 1, 2021 • 20 min read • Leave a Comment

Jonathan Duong, CFA, talks about asset location considerations for non-traditional assets + asset location considerations for early retirees.

Asset location: What assets should you hold in each account to minimize taxes? (HYW062)

Asset location: What assets should you hold in each account to minimize taxes? (HYW062)

By Andrew C. • Updated: March 1, 2021 • 22 min read • Leave a Comment

Jonathan Duong, CFA, shares tips on tax-efficient asset location for stocks, bonds, and real estate investments.

FIRE goal setting for the new year (HYW061)

By Andrew C. • Updated: January 3, 2021 • < 1 • Leave a Comment

Goal setting, mindset, and behaviors to help you make big strides toward your FIRE goals this year + FIRE community leaders share new year’s advice.

How to FIRE with confidence, step by step (HYW060)

By Andrew C. • Updated: November 28, 2020 • 37 min read • Leave a Comment

I share tactics and best practices on how to retire early. With confidence & assurance, hard numbers & analysis, and proper weighing of risks & tradeoffs.

How to set your target asset allocation and rebalance your portfolio efficiently (HYW058)

By Andrew C. • Updated: November 28, 2020 • 21 min read • 2 Comments

How to set your target asset allocation, and then regularly and efficiently rebalance your portfolio step-by-step…all in 1 hour or less per year.

Section 199A: how small business owners can skip 20% of their taxes (HYW056)

Section 199A: how small business owners can skip 20% of their taxes (HYW056)

By Andrew C. • Updated: March 1, 2021 • 41 min read • 4 Comments

Steve Nelson, CPA, explains how the Section 199A tax deduction works for real estate investors, freelancers/contractors, & small business owners.

Election day special: potential tax law changes coming? (HYW055)

By Andrew C. • Updated: November 28, 2020 • < 1 • Leave a Comment

6 key areas where the tax code may change under a new administration, plus how it might impact your personal finances and actions you can take now.

How a self-directed 401k can help you beef up retirement investing, with Dmitriy Fomichenko (HYW054)

How a self-directed 401k can help you beef up retirement investing, with Dmitriy Fomichenko (HYW054)

By Andrew C. • Updated: March 1, 2021 • 33 min read • Leave a Comment

Expert Dmitriy Fomichenko explains how to use self-directed retirement accounts “with checkbook control” to take greater control of your retirement money.

College financial aid tips and strategies, with Ann Garcia (HYW053)

College financial aid tips and strategies, with Ann Garcia (HYW053)

By Andrew C. • Updated: March 1, 2021 • 41 min read • Leave a Comment

College financial aid advisor Ann Garcia explains how financial aid works, different types of aid available, and strategies for maximizing financial aid.

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Topics

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Popular

  • How to avoid capital gains taxes when selling your house (updated for 2021)
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  • You can’t connect the dots looking forward. You can only connect them looking backward.
  • How a law school grad without work experience went straight into investment banking and then into hedge funds
  • How a law school grad hustled to skip law firms and landed a Google business development job straight after graduation
  • How to take a year off, earn 6 figures, harvest capital gains, do Roth conversions…and pay zero taxes on it all (updated for 2021)
  • How to set up a revocable living trust (with sample trust document)…and why setting up a trust now will save you LOTS of time and money later
  • “Your life’s work” – New Employee Welcome Letter From Apple

Recent

  • Asset allocation: How to use a bond tent to reduce sequence of returns risk (HYW068)
  • Tax filing updates to be aware of this year (tax year 2020) (HYW067)
  • How tax lien investing works and how to buy tax lien certificates (HYW066)
  • Money issues in marriage: why spouses fight about money, how to fight with empathy, and how to convince your spouse to FIRE (HYW065)
  • How to talk about money when you’re dating (HYW064)
  • Asset location for non-traditional assets + considerations for early retirees (HYW063)
  • Asset location: What assets should you hold in each account to minimize taxes? (HYW062)
  • FIRE goal setting for the new year (HYW061)

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