FreedomJar 2.0 – Focusing on the “early” part of early retirement. We need to plan how we’ll bridge the gap between early retirement age and 59½, when you can start withdrawing from retirement accounts.
Jar 2.0: Taxable Early Retirement Fund
Category: Taxes
SEP-IRA: a 401k Alternative for the Self-Employed
A brief explainer on SEP-IRAs, something like a 401k for self-employed people (and side hustlers!) As a W-2 employee, I did a pretty good job contributing to my 401k, but decided to take a leap into the world of 1099 subcontracting. I knew I wanted to keep the retirement momentum […]
“I Don’t Want a Raise” – Misunderstanding Tax Brackets
This post will deconstruct the common misconception that getting a raise/bonus that puts you into the next tax bracket will actually end up costing you money…