Archive | Tax Advantaged

2015 GOALS Med

Annual Goals and Resolutions Review

2016 was a reset for my personal finances. In lieu of achieving epic goal reaching success, I focused on building a more solid foundation from which my wealth can grow. Not all the changes were easy, but the results have set the stage for the years ahead. A sneaky cash flow problem became apparent in […]

Continue Reading
SubClub feature

6 Powerful (And Low-Risk) Financial Maneuvers That Put Extreme Frugality To Shame

I thought I was a frugal mastermind in college. The Subway restaurant near me had a different sandwich special every month. The owner picked one sandwich and sold it at a discounted price. The two cheapest Subway sandwiches have always been the Cold Cut Combo and the Meatball Marinara. Those were my go-to choices for […]

Continue Reading

Goals and Resolutions (Inspired By My Kids)

Happy New Year everyone! Did you accomplish your financial goals last year? Any resolutions for 2016? The goals I set last year were mostly a success. Setting firm and measurable financial goals kept me motivated throughout the year. I’ve made some exciting progress. My 2016 goals are similar but need to account for potential uncertainty during […]

Continue Reading
Taxloss Feature

Tax Loss Harvesting A Loser – CMI

I spent a lot of money on CDs in the 1990’s. Had I invested every dollar instead, I’d be much closer to reaching my long-term goal. Collecting material objects is rarely a good retirement strategy. The two giant plastic bins of nearly worthless 1980’s era baseball cards in my basement strengthen that statement. But alas, […]

Continue Reading
2015 GOALS Med

Financial Goals For 2015

In the past few weeks, I’ve reviewed my 2014 financial goals and calculated my forward investment income for the year’s end. Now it’s time to set some new financial goals for 2015. This year I’m lowering the number of goals (four compared to seven) I set while making the new ones more challenging, measurable, and targeted. I recently […]

Continue Reading
KB Hutchinson

Spousal Roth IRA – Double Your Tax-Advantaged Savings

We opened a spousal Roth IRA in my wife’s name in 2013. We contributed $5,500 to both her’s and my Roth that year, and will contribute the full amount to both of our Roth IRA’s in 2014 and every year going forward, as long as we don’t hit any income limits. She works her ass off […]

Continue Reading
Whole Foods AR 2013

Recent IRA Purchase: Whole Foods Market (WFM)

Update 02/04/2016: Despite the downturn, I still own WFM and added more in retirement accounts in the low $30’s. Last week I purchased shares in Whole Foods Market (WFM). Whole Foods dominated the talk on the street last Wednesday after reporting disappointing earnings Tuesday evening. This is not a typical stock that I purchase because […]

Continue Reading
will_ferrell

Retirement Strategy Revisited

Back in September 2013 when I started this blog, I wrote a short post about retirement strategy. It was my third post, and it listed out my basic retirement strategy while serving as an outline for what I’d write about on the blog. This post is an updated version digging deeper into my strategy. A […]

Continue Reading
Senator William V. Roth, Jr.

Utilize the Roth IRA for Early Retirement

Are you interested in learning about using the Roth IRA for early retirement? Scroll down for more on opening a Roth IRA and to learn about the best IRA and net worth tracking too, Personal Capital (it’s 100% free!). Anyone seeking financial independence must understand how to utilize the Roth IRA for early retirement in the context […]

Continue Reading

Powered by WordPress. Designed by WooThemes