Archive | Tax Advantaged

Balancing balls Newton's cradle

How to Build Lifetime Income Without Annuities

Mrs. RBD used to work in strategic communications. While working for a small D.C.-area PR firm, someone came up with the idea to start an industry organization to promote workplace flexibility for government employees.   So they created an entity, drew up some bylaws, and organized a group of founding members who were mostly telecommunications equipment […]

Continue Reading
oak for the wooden window

My Retirement Asset Allocations and Improved Portfolio Page

To be more transparent about my overall investment strategy, I’ve redesigned my Portfolio page and will be explaining the changes in today’s blog post. It now includes the details of our retirement asset allocations, my dividend growth stock portfolio, the forward 12-month investment income (F12MII) chart, and a new financial independence progress chart.  I did […]

Continue Reading
RV canyonlands

How to Retire at Age 55 – An Interview with Fritz Gilbert of The Retirement Manifesto

Not long ago, a fellow retirement blogger retired at the age of 55. I have the same retirement goal! So when I read about his triumphant exit from corporate America, I thought, who better to interview about how to retire at age 55 than Fritz Gilbert of The Retirement Manifesto? Fritz spent 30+ years at […]

Continue Reading
Moving Market Share

Transferring Retirement Assets from Vanguard to Fidelity

I recently completed a six-figure transfer of retirement assets from Vanguard to Fidelity. The transfer is part of an account consolidation effort I put in motion last year to simplify our finances. The need to consolidate accounts became apparent when we started working on our family estate plan. We’re coming close to finally completing our […]

Continue Reading
fist

6 Powerful (and Low-Risk) Financial Maneuvers that Put Extreme Frugality to Shame

Powerful financial maneuvers are meaningful decisions you make with your money and lifestyle that have a significant long-term impact on building wealth.  Too often, we focus on the little ways to save money. We used to be a coupon clipping couple before having kids. We had more time back then. Coupons influenced our shopping choices […]

Continue Reading
Caveman 700 px

Never Depend on a Single Income

Never depend on single income. Make investment to create a second source. – Warren Buffett Buffett quotes are usually more eloquent. My grammar checker hated this one. But it’s one of my favorites because he sounds like a caveman. And it’s one way I like to think about investing, as a secondary source of income.  […]

Continue Reading

Should You Max Out Your 401(k) in 2019?

The department head at my job invited me into his office for a 30-minute chat when I first started. We spent the time getting to know each other and talking about our past experiences and current roles at the company. Then he asked if was contributing the 403(b). I live and breath this stuff so I saw it […]

Continue Reading
graduates

A Three-Pronged Approach To Funding Your Child’s College Education

About twelve years ago before starting a family, I met up with an old college friend for happy hour at a bar in Washington D.C. called The Big Hunt. I remember the booth, nachos, and the conversation like it was not so long ago. My friend was a new Dad. He told me about the college […]

Continue Reading
Nerding Out 700px

Nerding Out With My New Employer-Sponsored Retirement Plan

One of the best benefits of my new job is the employer-sponsored retirement plan. The plan was confusing at first, even for me who lives and breathes this stuff. But they made it complicated to maximize the tax advantages. It’s so good, the plan is even better than most of the 401(k)s of the big […]

Continue Reading
Blooom Featured Pigs

Is Your 401(k) Naughty Or Nice?

Thanks to all the extra time away from work, our family is taking a few days of vacation before seeing relatives for Christmas. I wasn’t planning to publish anything this week until one of my affiliate partners* shared a cool holiday-themed infographic about 401(k)s. Before reading the infographic (below), check out this free deal they’re offering […]

Continue Reading
Key 640x427

10 Life-Altering Money Moves You Can Start Today

Very few decisions during your time on this earth actually change the trajectory of your life. After a party in 2007, I scanned the huge Evite email list to try to find a woman I met there. Then I ‘stalked’ her on Facebook and asked her out. We have three kids together now. Though truly […]

Continue Reading
glass-602889_640

Why Your 401(k) Is Broken (And How To Fix It)

My 401(k) savings grew to a plump 6-figure level after 14 years of participating in my employer’s plan. For 13 of those years, it was a very crappy 401(k) plan due to poor fund selection, high expense ratios (fees), and third-party adviser fees. The third party did nothing after 2004. But they still took fees every […]

Continue Reading
Funny Money

6 Habits of Above Average Retirement Savers

Some exciting news to share with you today. Back in May, I was approached by US News & World Report to become a regular contributor to their On Retirement blog. Since then, I’ve been writing new content about retirement and money once or twice a month.  As of today, I’ve written six articles for US […]

Continue Reading
Uncle Sam 600x447

Save More Money With These 15+ Tax-Friendly Accounts

The U.S. tax code is filled with a mind-boggling array of tax-avoidance tools including tax-friendly accounts, loopholes, and special favors to various constituents. The primary intent of the tax code is to collect money, but the politicians who shape it add in a bunch of cheats and easter eggs that lower the amount of tax they […]

Continue Reading

Powered by WordPress. Designed by WooThemes