I’ll show you today how to earn some quick money from paying your taxes.
Your retirement number is based on 2 key questions: What does your target retirement lifestyle cost annually? How many years do you expect to need your retirement funds to last?
With a few months of married life now behind me, I wanted to do a lookback post on what I’ve learned about managing my income and expenses. Coordinating my finances with a partner has been a new experience and taught me some useful lessons.
All homeowners out there thinking of selling their house — and even home buyers who just want to learn how to be tax-efficient — can get a LOT of value from understanding the intricacies of how this part of the tax code works.
Today I’m going to show you step-by-step how to take a year off, earn 6 figures, get a step-up in stock basis, convert taxable IRA dollars into tax-free Roth IRA dollars — and legally pay zero taxes on it all.
How I analyze my net wealth, how it’s evolved over time, and reflections on lessons I’ve learned. I’ll share the exact spreadsheet tools I created to analyze my net wealth.