Archive | Tax Advantaged

Bureaucrats

Protect Yourself From The Whims Of Politicians

A funny thing about living in the Washington D.C. suburbs is most people don’t talk about politics in person. You’d think since so many residents have careers related to the government and military that neighborhood picnic conversations would be about the latest news from Capitol Hill or Pennsylvania Avenue. Definitely not. Aside from an occasional […]

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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 […]

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

My 401(k) savings have grown 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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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, […]

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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. Last year was […]

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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 […]

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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 […]

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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? Anyone seeking financial independence must understand how to utilize the Roth IRA for early retirement in the context of their own retirement plan. Its usage will not be the same for everyone. Government incentives and laws consequently shape and complicate all of our […]

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