I'm always interested to hear how other people are minimizing their tax liability after retirement. Here is my personal strategy that we'll be using to reduce our taxes to nearly zero when we stop working. This approach sounds unrealistic, but you might be able to hit $0 in taxes too!
Dividends may seem like a free money, but if you're not prepared for it you'll be caught with an unexpected tax-burden at the end of the year. My own investing strategy relies on both reducing dividend in taxable accounts and embracing them tax-advantaged ones. This allocation helps to cut taxes to the bone.
Every quarter I analyze my investments, share my net worth and assets with the world. This was a crazy quarter. My investments inched up 2.84%, but my net worth jumped an astounding 71.9%! See what led to this dramatic and unexpected jump.
I’ll be honest, I’d never heard the term ESPP or “employee stock purchase plan” up until recently. As soon as the company I work for announced they were starting one, I began consuming everything I possibly could about them. Are they worth it? Why should I use one? What’s in it for me? If you’re […]
Minafi.com was launched about a year ago, but like all stories, Minafi's starts in the middle. Here is the background on what led up to the launch of Minafi in the decade beforehand, the year since and what the future could hold.
If you want to achieve financial independence earlier in life, there's a lot to know! Budgeting, investing, tax-strategies and how to use every tool at your disposal to retire early. Here is a map of everything you need to know to retire early looking back at the best articles in the last 10 years.
If you received $1 million tomorrow, what would you do? How will taxes work? How much should you save from it? Will this windfall enable you to be set for life?
The salary difference between men and women has been studied in many different times in many different fields. In each study, the raw findings are the same - women make less than men. Does this trend hold true for the personal finance community and it's readers?
A snapshot of my finances as of April 1, 2018. We were down 1.5% for a total of -$19,120.00 for the quarter. This includes my investment totals, specific stocks, category breakdowns and how I'm doing on the road to FI.