Blog Posts
How to avoid IRMAA
You need to know many tricks to maximize your retirement income, and one of those is how to avoid paying IRMAA. While IRMAA might sound like a hurricane from 2017 (close, Irma), it’s actually a financial landmine that explodes when you’re on Medicare and earn over a certain income. Let’s get into the details on […]
Money Moves to Make for First Child
If your first child is on the way, there are money moves you should make to set them up for success. The USDA projects the cost of raising a child just under a quarter million for their first 17 years. If you include college costs, this amount can easily double. While this can all sound […]
FIRE Secret: Tax-free capital gains
Did you know it’s possible to live off tax-free capital gains from your investments if you plan it correctly? There are several tax secrets most people won’t learn about unless they love hanging out on Reddit /FIRE. I didn’t know about them while studying Finance in college, but only when we began pursuing our financial […]
529 Plan: The Best Way to Save for College
There’s very little doubt in my mind that the best way to save for college is to use a 529 Plan. I recently talked to a friend about it and showed him why the wrong decision could cost him $40,000! His current financial advisor told him the 529 plan wasn’t the best way to save […]
Wait, am I like Don Quixote?
Don Quixote was always on my mind, but I never read the book. Based on what I’ve heard over the years, I assumed he was some kind of great Spanish Robinhood, highly revered as he took on great adventures and helped the poor. I finally read the book, and now I realize Don Quixote was […]