Insurance!! It’s about 1/3 of our budget.

I'm realizing we might be making a mistake with the title of our upcoming book, "Tax Planning To and Through Early Retirement.". It might do better with a little fear-based marketing:. "How Your 401(k) Will Ruin Your Life". "403(b)? More Like Only $403!". "How to Survive the RMD.

Generate videos in just a few seconds. Try Grok Imagine, free for a limited time.

When you're worried about being laid off, think like a new entrepreneur. What does that look like?. 1. Measure and build a stable financial runway. How long could you cover your needs, wants, and wishes without a consistent paycheck?. 2. Define your ideal "client" even before.

When I see the following funds within one investment account:. VTI.VTSAX.VOO.VFIAX. It's like going to a restaurant and ordering:. 1 Bacon Cheeseburger.1 Cheeseburger with Bacon.1 Hamburger with Cheese and Bacon.1 Bacon Hamburger with Cheese.

DIY investors ask me which investment custodians I recommend:. 1. Fidelity (including HSAs). 2. Vanguard. 3. Schwab. Why Schwab in last place?. "Schwab has eliminated sweep money market funds as a cash feature for most new and existing accounts.".

Did you know there are FIVE distinct phases of retirement to consider for tax planning purposes?. Each phase comes with unique opportunities (and common pitfalls) for reducing lifetime taxes:. 1. Retirement Through Age 65. Often focused on controlling household income to maximize.

Receive a simple email when the book pre-order is ready:

"How do I pay taxes in retirement?!". In retirement, you're the one responsible for estimating, paying, and documenting your tax payments – not your employer. And if you don't do it right? You could owe underpayment penalties, even if you paid every dollar you owed… just at the.

This is the way!.

What's changed since I found the FIRE movement 7 years ago?. I had the honor of joining @MindyatBP and @Scott_TrenchFI on the @BiggerPockets Money podcast to share my path to financial independence. We talked about:. • Why I changed careers from music to money (hint: it wasn't.

So much fear-based information leads investors to prioritize Roth contributions and conversions during their highest-earning years. And without sharing the actual math behind the trade-offs. Just subjective speculation with red font. Is it Roth now, later, or never?. In our.

If you click this link, you can register to attend a live info session next Monday: I encourage any questions you have!.

Are you seeking CFP Board-accepted Standard Pathway experience or CE hours?. Measure Twice Planners (MTP) is an online educational platform and community that helps aspiring and current financial planners accelerate their experience. MTP provides access to:. • Over 100 hours of.

Will AI replace your financial planner?. Only if your financial planner never asks you follow-up questions, including those that go beyond the money. If your financial planner only fills out forms, they should likely be replaced - by another financial planner (who possibly uses.

We just recorded a fun new episode of the BiggerPockets Money podcast! I was honored to join @MindyatBP and @Scott_TrenchFI to discuss:. • What changes on the path to FI when transitioning from employee to entrepreneur. • Why I haven't contributed to a 401(k) in the past 3.

Measure Twice Planners just passed 100 hours of educational video content - now available on demand for aspiring and current financial planners!. Over the past three years, we've developed:. • Access to 900 CFP Board-accepted Standard Pathway experience hours on demand + 50 per.

A married couple (age 65) has a gross income of $100,000 in 2025. They have a 5.9% effective federal income tax rate. So, what's all this fuss about getting crushed by taxes in retirement?.

My content helps taxpayers legally avoid paying more than they owe to the IRS. But some people push back: “Stop trying to help rich people maximize tax deductions and credits! They benefit from government programs too.”. Here’s some good news: Anyone who feels inclined to make.

"If we're all thinking alike, then no one is thinking." – Bill Walsh (NFL coach). Do you have your own take on retirement planning tactics?. In our upcoming book, "Tax Planning To and Through Early Retirement," you'll find occasional callouts labeled Cody's Take and Sean's.

Most early retirees (pre-65) don't have a tax problem. They have a tax opportunity!. @SeanMoneyandTax and I are finishing our book, "Tax Planning To and Through Early Retirement" - a comprehensive yet plain-English guide for those who want to reduce lifetime taxes while building.