Darrow Wealth Management

APRIL 21, 2025

While a Roth conversion may never make sense for some individuals, for others, early retirement years may be the best time to convert pre-tax accounts to tax-free Roth. Your current and projected future tax rate is often a main component of the decision, but there are other considerations and benefits as well.

Retirement 56

Retirement Retirement Planning Taxes Accounting 56

The Big Picture

NOVEMBER 27, 2023

This is before we get to the issue of capital gains taxes, which create a hurdle of (minimum) 20% on those pesky profits just to get to breakeven. When you get it wrong, it crushes your retirement plans. Let’s add some color to the discussion on timing itself and add a little nuance.1 I sure as hell don’t want to either.

Marketing 304

Marketing Marketing Math Retirement Planning 304

Random Roger's Retirement Planning

JANUARY 6, 2025

. $6300 in today's dollars goes a long way for us, that's quite a bit more than our fixed monthly expenses but might be about equal to regular monthly expenses plus once or twice a year type expenses like property tax, home owners insurance and so on. What's the risk to Social Security income?

Retirement 52

Retirement Retirement Planning Insurance Medical 52

Darrow Wealth Management

OCTOBER 1, 2022

Is retiring with a mortgage a good idea? Retiring with a mortgage doesn’t typically pose a financial risk, and at times it’s the best financial decision. But paying off a mortgage before retirement has upsides also. Here’s when it may – and may not – make sense to pay off a mortgage before retiring.

Retirement 105

Retirement Taxes Math CFP 105

Harness Wealth

APRIL 30, 2025

This article will explore how to navigate complex tax situations arising from multiple income sources, examining various income types, reporting requirements, self-employment obligations, and strategic approaches to record-keeping and tax planning that can help protect your financial interests. What is an RSU?

Taxes 52

Taxes Tax Planning Compliance Planning 52

Integrity Financial Planning

FEBRUARY 3, 2023

With the new year in full swing, tax season is just around the corner. Filing federal income taxes can be a long and complicated process, and mistakes are bound to happen here and there. As many of us know, these small mistakes can cost you big in tax returns and penalties. Is the Standard Deduction Right for You?

Taxes 82

Taxes Math Accounting Numbers 82

Mullooly Asset Management

APRIL 23, 2025

State Income Taxes – should we move? Thinking about moving to lower your state income taxes, or eliminate them? Do the math before you start packing. State income taxes should NOT be the primary decision-making point when considering moving in retirement 2. Take-aways: 1.

Taxes 52

Taxes Math Retirement 52

Random Roger's Retirement Planning

DECEMBER 17, 2023

change at retirement. Hopefully a mortgage is paid off, hopefully there are no car payments to make and health insurance at 65, if retired, should go down quite a bit on Medicare, especially if income goes way down. Once someone is retired, saving for retirement is one less expense too. 5000 per for 15 years is $75,000.

Retirement 75

Retirement Math Insurance Accounting 75

Random Roger's Retirement Planning

OCTOBER 26, 2024

First, is the math right based on my numbers? They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. If we guess just 2 billion people, and that is just a guess, and divide that into the 15.2 How can it solve anyone's problem?

Math 52

Math Portfolio Numbers Taxes 52

Harness Wealth

APRIL 30, 2025

In this article, well examine the nature of IRS audits, the common audit red flags that result in IRS scrutiny, and how professional tax advisors can help reduce the risk of you being audited. An IRS audit is a formal review of your financial records to verify their accuracy and compliance with tax laws.

Compliance 52

Compliance Taxes Consulting Accounting 52

Carson Wealth

FEBRUARY 22, 2023

Matt Kory, Vice President, Retirement Programs As a retirement income vehicle, the 401(k) is second in popularity only to Social Security – and as CNBC reported in 2019 the number of 401(k) millionaires is at an all-time high. But is a million dollars even enough for your retirement needs? Just think of the numbers.

Retirement 98

Retirement Taxes Planning Math 98

The Irrelevant Investor

SEPTEMBER 19, 2020

Yesterday Ben and I did a show on retirement. Once they earn their first taxable income you impose a “Dad Tax” and extract a small amount, and then demonstrate your love by funding it to the maximum allowable with “Dad Dollars”. We should have a sense of urgency about retirement because it's coming, and there are no do overs.

Retirement 52

Retirement Math Education Planning 52

Harness Wealth

MAY 13, 2025

Filing taxes in Idaho requires a clear understanding of the specific forms and regulations that apply to residents and non-residents alike. Navigating the tax landscape can be complex, but having a comprehensive guide to Idaho tax forms can simplify the process significantly. Obtaining Idaho tax forms is straightforward.

Taxes 52

Taxes Electronics Compliance Commission 52

Harness Wealth

MAY 18, 2025

Filing taxes in Ohio requires a clear understanding of the specific tax forms mandated by the state. Unlike federal tax forms, Ohio tax forms are tailored to meet the unique tax regulations and requirements set forth by the Ohio Department of Taxation. Why Ohio Has State-Specific Tax Forms Each state in the U.S.

Taxes 52

Taxes Compliance Electronics Consulting 52

Harness Wealth

MAY 17, 2025

Filing taxes in Delaware requires a clear understanding of the specific forms and regulations that apply to residents and non-residents alike. Navigating the tax landscape can be complex, but having a comprehensive guide to Delaware tax forms can simplify the process significantly.

Taxes 52

Taxes Electronics Tax Planning Compliance 52

Random Roger's Retirement Planning

JUNE 3, 2024

Part of the equation is that he is convinced that tax rates have to go up to pay for out debt and so converting to a Roth now before tax rates do go up will result in people ending up with more after tax dollars versus just going the RMD route at what is now 73 on its way to 75. This has been his thing for a long time.

Numbers 98

Numbers Taxes Retirement Accounting 98

Harness Wealth

MAY 19, 2025

Filing taxes in Minnesota requires a clear understanding of the specific forms and regulations that apply to residents and non-residents alike. Navigating the tax landscape can be complex, but having a comprehensive guide to Minnesota tax forms can simplify the process and help ensure compliance with state tax laws.

Taxes 52

Taxes Tax Planning Compliance Education 52

Mullooly Asset Management

JULY 28, 2022

” In this week’s podcast, Tom and Casey debunk this common misconception by explaining the math behind required minimum distributions. In this week’s podcast, Tom and Casey debunk this common misconception by explaining the math behind required minimum distributions.

Distribution 52

Distribution Accounting Math Retirement 52

Harness Wealth

MAY 14, 2025

Filing taxes in Hawaii requires a clear understanding of the specific forms and procedures unique to the state. Unlike federal tax forms, Hawaii tax forms are tailored to meet the state’s tax laws and regulations, ensuring residents and non-residents alike comply with local requirements.

Taxes 52

Taxes Tax Planning Medical Consulting 52

Random Roger's Retirement Planning

JUNE 30, 2024

The latest retirement disaster article from Yahoo focuses on 55 year olds who have a "median savings of less than $50,000." Yahoo says it's "bleak" because this cohort is "only about a decade from retiring." A harsh reality is that $50,000 is not a retirement fund but it is a pretty robust emergency fund.

Retirement 75

Retirement Math Taxes Accounting 75

Random Roger's Retirement Planning

NOVEMBER 6, 2023

It's been a while since this sort of thing was relevant for my day job so something could have changed, weeklies didn't exist for example, but if my math is correct then it was way over exposed which would account for last week's decline in the fund price. Please leave a comment if I did the work incorrectly.

Math 105

Math Education Management Accounting 105

Random Roger's Retirement Planning

DECEMBER 3, 2024

There was an article on LinkedIn (via Abnormal Returns) by Victor Haghani that dug into the math working against leveraged ETFs. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation.

Math 52

Math Portfolio Retail Clients 52

Clever Girl Finance

FEBRUARY 6, 2023

The term personal finance ratios might be giving you flashbacks to math class. You can use ratios to keep track of many different aspects of your financial situation—from cash flow to savings to retirement and more. You can choose whether to use a gross figure or your actual take-home pay after taxes.

Numbers 105

Numbers Assets Retirement Budgeting 105

Random Roger's Retirement Planning

MARCH 18, 2025

And checking in on the GraniteShares YieldBoost SPY ETF (YSPY) that sells put spreads on a levered S&P 500 ETF; Yes, that is a rough start, clearly, but interestingly the math checks out. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation.

Marketing 52

Marketing Marketing Math Portfolio 52

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 98

Budgeting Taxes Transportation Healthcare 98

Mr. Money Mustache

FEBRUARY 25, 2025

The value of the S&P 500 index of stocks, where most of us hopefully have a good chunk of our retirement savings stashed into index funds, is up about fifty seven percent in just the past two years. Does this make it more vulnerable to a huge crash in the future, and will it affect my retirement? Its just basic math.

Marketing 66

Marketing Marketing Sales Portfolio 66

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 105

Budgeting Taxes Transportation Healthcare 105

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. Any medical debt, personal loans, or back taxes are also considered liabilities. Your retirement savings and investment portfolio should be well established by now.

Budgeting 119

Budgeting Retirement Assets Education 119

Clever Girl Finance

DECEMBER 16, 2023

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. Once you know your weekly or monthly income, you can do the simple math of calculating how much 70% would be. Consider some of these ways to save.

Budgeting 98

Budgeting Accounting Retirement Taxes 98

Random Roger's Retirement Planning

MAY 18, 2023

Bloomberg did a survey and found that Generation-X does not feel like it will be "financially prepared for retirement." Anyone closer to the younger edge of Gen-X could probably benefit by cutting expenses now, the impact of that could compound over the next 20+ years as they approach a normal retirement age.

Retirement 75

Retirement Wealth Advisor Math Medical 75

Random Roger's Retirement Planning

JULY 9, 2023

Generally speaking, pensions are less viable than they used to be, the math doesn't work as well. The only pension I am remotely close to is the Arizona Public Safety Personnel Retirement System. The concept of pensions is that they provide a security net to retired workers. Is he right? Is he wrong?

Retirement 66

Retirement Math Management Taxes 66

Random Roger's Retirement Planning

FEBRUARY 23, 2025

Do the math, it would be a fantastic long term result but very difficult to pull off. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. Maybe the model providers don't really want their models to differentiate.

Math 52

Math Portfolio Taxes Marketing 52

Good Financial Cents

JULY 3, 2023

Calculation Breakdown Let’s break down the math to find out how much you could earn annually with a $30 hourly wage: Consider an average workweek of 40 hours and an average year consisting of 52 weeks. Keep in mind that this calculation represents the gross annual salary, not accounting for taxes, insurance, 401K, or deductions.

Budgeting 73

Budgeting Taxes Numbers Retirement 73

Trade Brains

DECEMBER 7, 2023

The course covers an introduction to personal finance, credit cards, life insurance, health insurance, investment instruments, loans, income tax and planning, budgeting and building a strong portfolio. Also, you will learn how to plan your taxes, credit score importance and how to budget your income to create a portfolio.

Budgeting 59

Budgeting Certification Education Asset Allocation 59

Clever Girl Finance

JULY 13, 2024

With this system, you will use 60% of your take-home pay to build your savings or even an early retirement account , invest, save up for a down payment, or repay debt. Another example is anyone interested in achieving FIRE; Financial Independence Retire Early. It includes the money you earn after you account for taxes.

Budgeting 98

Budgeting Transportation Retirement Food 98

Random Roger's Retirement Planning

NOVEMBER 22, 2024

The way Portfolios 1 and 2 are weighted, the math works for being a 60/40 portfolio and then from there we add portable alpha/capital efficiency/return stacking. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation.

Portfolio 52

Portfolio Math Assets Clients 52

Random Roger's Retirement Planning

FEBRUARY 29, 2024

The simple 40 year trade for bonds of "number go up" is finished and as a matter of math, can't be repeated. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. Taking volatility out of a fixed income portfolio is fairly simple.

Marketing 95

Marketing Marketing Math Portfolio 95