How to Structure the Tax Ramifications

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Paula: I think this is a fantastic financial planning question that alise has. The order of things, if i'm a lease is to map out what she wants. And the more crystal clear she can become on that, the easier the planning gets. She mentioned that they her company puts 12 % into a pengohon tratis. That yes, rightThat's amazing. That is fantastic. As long as she wants it after a certain date in the future. If it's early money that she wants it for, which, to your point, she it doesn't sound like she does,. Then that's a fantastic that's the number one tax haven to put money inside

#362: David is questioning how to better manage his spending. He’d like a stronger framework to think through budgeting challenges.

Elisa and her husband bought a home, and now they’re saving extra income every month. She has a pension and her husband is an entrepreneur. How much should they be saving for retirement and how should they invest their extra money?

Geoff invested primarily in taxable brokerage accounts for the last twenty years. He’s built a $6 million portfolio and reached financial independence. He wonders about the smartest strategy for withdrawing from those taxable brokerage accounts to efficiently manage capital gains?

Jenna and her husband are planning on buying their next home in a few years. She wants to know if I-bonds are a good way to save for the down payment and closing costs.

Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.

Enjoy!

P.S. Got a question? Leave it here.

Subscribe to the show notes at https://affordanything.com/shownotes

Learn more about your ad choices. Visit podcastchoices.com/adchoices