The Big Picture

AUGUST 12, 2024

Sorry, but “fake it till you make it” seems like a poor plan for thinking about the future… Previously : Time to Stop Believing Deficit B t (September 3, 2021) Stimulus, More Stimulus and Taxes (January 25, 2021) Cost of Financing US Deficits Falls (December 18, 2020) Can We Please Have an Honest Debate About Tax Policy?

Economy 347

Economy Taxes Investing Investments 347

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 By Jeff Sommer New York Times, Nov.

Marketing 304

Marketing Marketing Math Retirement Planning 304

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 Medical 82

Random Roger's Retirement Planning

OCTOBER 26, 2024

First, is the math right based on my numbers? I think I can stick to my plan of not selling until it grows into a life changing piece of money but we'll see. 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 Numbers Taxes 52

Walkner Condon Financial Advisors

JUNE 2, 2023

The importance of getting women into financial planning feels like it should go without saying. Alicia’s Experience One of my earliest experiences when I first decided to get into financial planning was participating in the Financial Planning Association’s Externship Program in the summer of 2020.

Financial Planning 98

Financial Planning Planning CFP Financial Advisor 98

Random Roger's Retirement Planning

JANUARY 6, 2025

I understand the difficulty of that one but if you're 50, overweight and taking a half dozen medications, you should plan on health stuff being very expensive. I've said many times that I plan to wait until 70 and that I think my wife should take hers at the same time which would be 64 and 2 months. number for her.

Retirement 52

Retirement Retirement Planning Insurance Medical 52

The Big Picture

JANUARY 21, 2025

And I think you will also, if you are at all curious about estate planning or investing or personal finance, this is not the usual discussion and I think it’s very worthwhile for you to hear this and share it with friends and family. What was your original career plan? So I made a plan to get out of there.

Investing 147

Investing Investments Management Retirement 147

Carson Wealth

FEBRUARY 22, 2023

A million dollars breaks down into an annual amount of about $30,000 over 30 years (not counting taxes, etc.). Optimizing your 401(k) is a mix of planning, saving for the future and self-awareness, but it’s simpler than you think. Let’s look at a few 401(k) planning basics to get you started.  1. 

Retirement 98

Retirement Taxes Planning Math 98

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

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

Diamond Consultants

OCTOBER 10, 2023

Plus, they’re flexible with how they price relationships including planning retainers and subscription fees. For instance, they bill on ALL assets (including 401ks not custodied at their firm) and get paid on all accounts regardless of size.

Math 52

Math Recruitment Consulting Clients 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

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

Darrow Wealth Management

SEPTEMBER 7, 2023

So the choice ultimately has to be an educated guess in consideration with other key factors about your equity, post-IPO plans, and financial situation. Pros and cons of exercising stock options in a pre-IPO window If you are new to the tax implications and basics about exercising stock options, please read this article first.

Wealth Management 82

Wealth Management Taxes Tax Planning Valuation 82

Brown Advisory

AUGUST 1, 2019

The Long Game: Roth Conversions & Legacy Planning ajackson Thu, 08/01/2019 - 14:51 Legacy planning is all about transferring wealth to descendants as efficiently as possible. Roth and traditional IRAs both provide tax-free growth on invested assets to account owners, but the two options also differ in a variety of ways.

Planning 52

Planning Distribution Taxes Accounting 52

Brown Advisory

AUGUST 1, 2019

The Long Game: Roth Conversions & Legacy Planning. Legacy planning is all about transferring wealth to descendants as efficiently as possible. Roth and traditional IRAs both provide tax-free growth on invested assets to account owners, but the two options also differ in a variety of ways. Thu, 08/01/2019 - 14:51. Background.

Planning 52

Planning Distribution Taxes Accounting 52

Clever Girl Finance

FEBRUARY 10, 2023

A budget plans out exactly how you'll use your money and this can be tailored to suit your specific lifestyle and situation. 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. Like many, you might shudder at the word budget.

Budgeting 98

Budgeting Taxes Transportation Healthcare 98

Carson Wealth

MARCH 2, 2023

After you’ve done this math, you might be wondering if you have “enough,” and certainly that’s hard to assess when there are so many unknowns. Understand Your Tax Situation It’s easy to forget about managing taxes in retirement, but the old adage applies: It’s not what you make, it’s what you keep.

Retirement 98

Retirement Taxes Accounting Financial Advisor 98

Clever Girl Finance

SEPTEMBER 11, 2023

Using budgeting best practices means planning out exactly how you’ll use your money , and this can be tailored to suit your specific lifestyle and situation with the 50-30-20 rule. In a book called All Your Worth: The Ultimate Lifetime Money Plan , Elizabeth Warren and Amelia Warren Tyagi described this simple way to budget.

Budgeting 104

Budgeting Taxes Transportation Healthcare 104

Random Roger's Retirement Planning

JUNE 11, 2024

I would say that is a very big bet but the math in their backtest supports it. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation.

Math 98

Math Portfolio Management Taxes 98

Darrow Wealth Management

OCTOBER 1, 2022

However, if the goal is to pay off a mortgage before retirement to spend would-be mortgage payments on other things during retirement, the math may not work out. After-tax cost of borrowing and hurdle rates. Without itemizing, most charitable gifts carry no tax benefit for example. The after-tax return on a 5% investment is 3.8%

Retirement 96

Retirement Taxes Math CFP 96

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

Random Roger's Retirement Planning

JUNE 30, 2024

We've gone over the math before that starting as late as 55 can catch a lot of the way up if they can afford to save a very high percentage of their income. Smart Asset calculates $70,000 gross income working out to $57,187 after tax. It is pretty clear that all age cohorts are woefully undersaved but, yeesh, I don't know about that.

Retirement 75

Retirement Math Taxes Accounting 75

Clever Girl Finance

AUGUST 14, 2022

A sinking fund helps you to plan for large purchases. With sinking funds, on the other hand, you can anticipate the upcoming expense and plan towards it. Self-employment tax. Another sinking fund example would be a fund you set up for your taxes. The difference between a sinking fund and an emergency fund.

Budgeting 105

Budgeting Accounting Medical Math 105

Random Roger's Retirement Planning

DECEMBER 17, 2023

Yahoo warned of potential problems retirees may face if their plan is to rely solely on Social Security. These items for us include things like propane delivery (we could pay monthly), property tax and so on. Simple math is that this person needs to save $23/yr to come up with that additional $350,000.

Retirement 75

Retirement Math Insurance Accounting 75

Clever Girl Finance

DECEMBER 16, 2023

If you’ve attempted to make a budget in the past and “failed” due to budget challenges , maybe it’s time to rethink your plan. If you’d like an even more streamlined budget plan, you could check out the 80/20 budget and apply it to your budget instead.) Figure out how much money you make in after-tax income. That’s it. (If

Budgeting 96

Budgeting Retirement Accounting Taxes 96

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

Darrow Wealth Management

MAY 22, 2023

But before proclaiming cash is king and parking your money in an FDIC insured bank account, consider your time frame and how you plan to use the money. Again just using simple math, this presumes the par value will roll over each month and reinvest at the same rate to get to the annual yield. Hold cash or invest? 467% a month.

Investing 102

Investing Investments Accounting Wealth Management 102

Random Roger's Retirement Planning

APRIL 22, 2024

The article devoted a good amount of space to bond market math, focusing on the pain of owning the iShares 20+ Year Treasury ETF (TLT) and bond funds in general. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation.

Marketing 98

Marketing Marketing Financial Advising Math 98

Random Roger's Retirement Planning

FEBRUARY 10, 2025

Simple math, it looks like the carry index has compounded at less than 3%. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. This next chart from Bloomberg compares just the carry component of the FOXY fund to the S&P 500 and T-Bills.

Math 52

Math Management Portfolio Taxes 52

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

The numbers in the 60/30/10 each represent a percentage of your financial plan. Ambitious savers are best suited for this budgeting style, especially if they have an ultimate lifetime money plan that includes a big money goal. It includes the money you earn after you account for taxes. What is a 60/30/10 budget?

Budgeting 98

Budgeting Transportation Retirement Food 98

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

Random Roger's Retirement Planning

JUNE 10, 2024

We've talked just a couple of times about the market becoming increasingly concentrated which just in terms of math means that a diversified strategy will lag for as long as the big names do well. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation.

Retirement 98

Retirement Asset Allocation Math Marketing 98

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. About 40 years ago employers started to pivot away from pensions to 401k, they started to pivot away from defined benefit plans to defined contribution plans. Problems have been long in the making and seem to have gotten worse.

Retirement 66

Retirement Math Management Taxes 66

The Big Picture

SEPTEMBER 12, 2022

I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature. there’s a big focus on how do we optimize for tax efficiency, too. It’s different wealth regimes, it’s different tax regimes. RITHOLTZ: Applied Mathematics, Quants, those guys, yeah.

Clients 299

Clients Wealth Management Banking Investing 299

The Big Picture

MAY 9, 2023

What was the original career plan? SALISBURY: Honestly, I didn’t really have a long-term plan. So how do you then go from tax and audit practice to finance and investing? SALISBURY: Yes, I’d love to tell you there was some great master plan. Let’s start out with a little bit of your background.

Assets 299

Assets Clients Investing Investments 299