All the Hacks: Money, Points & Life

Smarter Strategies for Retirement, Wealth Building, and Taxes with Michael Kitces

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Aug 27, 2025
Join Michael Kitces, Head of Planning Strategy at Focus Partners Wealth and co-founder of XYPN, as he shares insights on smarter wealth-building strategies. Delve into why investing in your career can yield greater long-term benefits than solely focusing on retirement accounts. Discover how to leverage Health Savings Accounts for retirement and the benefits of Roth conversions. Michael also discusses navigating tax-efficient withdrawals and inheritance strategies, providing a comprehensive approach to optimizing your financial future.
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INSIGHT

Invest In Your Earning Power

  • Spending on career capital can outproduce market returns by magnitudes over a career horizon.
  • Small investments in skills or credentials can compound into far larger lifetime earnings than equivalent retirement contributions.
ADVICE

Build Liquidity For Career Flexibility

  • Build liquid
INSIGHT

Liquidity Has A Tax Opportunity Cost

  • Keeping excess savings in taxable accounts can cost you significant taxes over decades.
  • Once you reach your liquidity comfort number, funnel overflow into tax-advantaged retirement accounts.
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