Clever Girl Finance

DECEMBER 16, 2023

The 70-20-10 budget refers to the percentage of your take-home pay that you devote to each of three major categories: spending, saving, and giving. Figure out how much money you make in after-tax income. More accurately, 70% of your take-home pay, or net income after taxes, not pre-tax income. That’s it. (If

Budgeting 72

Budgeting Retirement Accounting Taxes 72

Clever Girl Finance

FEBRUARY 10, 2023

And don't worry if math isn't your thing because we've included 50 30 20 budget spreadsheet ideas to help you stay on top of your budgeting strategies. You start off with your after-tax income , which represents 100% of what you have to work with, and then you work out the different spending groups from there.

Budgeting 97

Budgeting Taxes Transportation Healthcare 97

Clever Girl Finance

SEPTEMBER 11, 2023

And don’t worry if math isn’t your thing because we’ve included 50 30 20 budget spreadsheet ideas to help you stay on top of your budgeting strategies. You start off with your after-tax income, which represents 100% of what you have to work with, and then you work out the different spending groups from there.

Budgeting 82

Budgeting Taxes Transportation Healthcare 82

Clever Girl Finance

JANUARY 29, 2023

This is very important for retirement, and knowing what your target net worth by age should be will help you better understand how to reach your personal financial goals. If you are curious about how much savings you should have by what age , you'll find references to this throughout the article. Your liabilities are your debts.

Budgeting 114

Budgeting Retirement Assets Education 114

Random Roger's Retirement Planning

JUNE 3, 2023

One is that a politician who votes to cut benefits or raise the retirement age will probably lose some voter support. If congress does nothing, then starting in 2034 incoming payroll taxes would cover 80% of retiree payouts implying a 20% cut. Cutting benefits and raising taxes are the two most talked about way to fix it.

Retirement 53

Retirement Taxes Math Accounting 53

Sara Grillo

MAY 8, 2023

They go crazy and paint it with BS statements like: Tax-free guaranteed income Can’t lose money asset Upside potential with downside protection Privatized banking Be your own bank Remember that there is a floor to the crediting rate, but that doesn’t mean you can’t lose money. Here’s why that stinks.

Insurance 59

Insurance Clients Financial Advisor Accounting 59

The Big Picture

AUGUST 15, 2023

So for a taxable investor, hedge funds generally aren’t tax efficient. And when you look at the assets that are invested, the three trillion in hedge funds, I would guess that north of 90% of that are in institutions that don’t pay taxes. It’s part of their own tax planning. SEIDES: Correct.

Management 130

Management Investing Investments Government 130

The Big Picture

DECEMBER 6, 2022

It has to be such a different set, the retirement planning is different, the safety net is different. People in Spain when I was growing up in the ‘80s and ‘90s, they expect to just retire and have the government give them like a paycheck every month. You have the liquidity, the tax efficiency, the transparency.

Clients 150

Clients Investing Investments Management 150

The Big Picture

MARCH 21, 2023

I think they are far more rare than the way a lot of Wall Street refers to him. The one you’re referring to was about value timing. If you’re anywhere from an individual to a pension fund, saying how much do I have to save to retire? My mom was a math teacher so — RITHOLTZ: Okay. ASNESS: Yeah.

Valuation 158

Valuation Investing Investments Numbers 158

The Big Picture

NOVEMBER 15, 2022

Let Mr. Market do his thing and we’ll find out how we did when we get ready to retire. Hey, show me companies where the board has at least two women on it, or you could tilt towards value, or you could tilt towards small cap, or you can use it for tax loss harvesting or philanthropy. It’s how math works. NADIG: Yeah.

Management 266

Management Assets Portfolio Investing 266