Contribute to a traditional account upfront, then slowly convert to a Roth AFTER you retire. This lets you get the best of both worlds.
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.
In this post, I’ll show you how I have made buying a home in the Bay Area pay off handsomely. If you also live in a high-growth real estate market, you may be able to incorporate some of the same learnings to analyze whether investing in real estate can pay off for you, too.
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.