Jeremy Jacobson - We Ended Up Saving Roughly 70% Of After-Tax Income For About 10 Years | #169
The Meb Faber Show - Better Investing
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Minimizing Taxes Through Smart Strategies
In this chapter, they discuss the strategies they used to minimize their tax bill. They mention that they have been able to save about 70% of their after-tax income for 10 years, despite having a taxable income over $600,000. They explain that by earning income from qualified dividends and long-term capital gains, a married couple can earn over $100,000 a year and pay zero percent in tax. They also mention the benefits of living in a state with no income tax and utilizing tax-saving strategies such as portfolio rebalancing and Roth conversions.
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