Cody Garrett

In this engaging discussion, Cody Garrett, a financial planner at Measure Twice, Money, dives into the world of taxable brokerage accounts. He unpacks their often-overlooked benefits for building wealth and early retirement, highlighting strategies for tax efficiency. Listeners learn about the flexibility of contributions and investments, ways to optimize tax outcomes through techniques like tax loss harvesting, and the intricacies of gifting within these accounts. Cody's insights empower anyone looking to navigate their financial journey with confidence.

Cody Garrett, a Certified Financial Planner from Measure Twice Money, shares invaluable insights on capital gains tax strategies. He explains capital gains harvesting and how it can minimize tax liabilities on investments. The discussion covers the advantages of long-term capital gains versus ordinary income, and strategies for effective tax management during retirement. Cody also highlights the interplay between taxable income and health insurance subsidies, emphasizing smart planning for financial independence while prioritizing lifestyle choices.

Join Cody Garrett, an expert in investing and financial planning, as he dives into the costly mistakes even seasoned investors make. Cody emphasizes mastering asset location for tax efficiency, helping listeners understand the optimal placement of investments. He also discusses the importance of active management in retirement contributions and the benefits of donating appreciated securities. Additionally, he highlights the significance of intentional giving and proactive financial planning to secure wealth for future generations. Tune in for valuable insights!

Cody Garrett, a Certified Financial Planner, joins for an engaging discussion on breaking free from the 'middle-class trap.' They debunk myths around financial independence, emphasizing community support and liquidity. The conversation includes innovative ways to access retirement funds early and critiques the limitations of the 4% withdrawal rule. Through compelling case studies, they highlight unique financial strategies for early retirement. Listeners are also introduced to an upcoming book focused on tax planning for financial freedom.

Cody Garrett, a former musician turned financial planner at Measure Twice Financial, shares his inspiring journey towards financial independence through the FIRE movement. He discusses his strategic career pivot, emphasizing the importance of financial education and networking. Cody offers insights on avoiding lifestyle inflation while building wealth and shares practical investment strategies. He also introduces the concept of 'recreational employment,' showcasing the fulfillment that comes from blending passion with financial planning for early retirement.

In this week's episode, Brad and Jonathan are joined by Measure Twice Money's founder Cody Garrett! Together, they discuss important details about DIY financial planning, such as identifying where you do and don't need help with your financial planning, exercising the rational and reasonable approach when financial planning, and ways you can properly prioritize your spending! Also, the trio shares important information you should know before selecting a financial planner. Cody Garrett Website: Measure Twice Money Blog: Measure Twice Money's Blog Resources Mentioned In Today’s Conversation Cody's Interview on FA Success Sean Mullaney Annual CFP Roundtable 2017 with Kyle Mast and Danny Kenny | ChooseFI Episode 058 Jorge Soriano - Financial Planning For Good Mike Powers - Manuka Financial XY Planning Network Measure Twice Money's Data Gathering Checklist If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here!

In this episode, Cody Garrett, Founder of Measure Twice Money, joins the hosts to answer listener questions on topics such as inflation and financial independence, ACA subsidies for early retirees, Roth 401k vs. Roth IRA, and diversifying a concentrated portfolio. They discuss the importance of accounting for inflation when calculating the FI number, maximizing ACA subsidies through strategic withdrawals, and strategies for reducing concentration risk in investments. A valuable episode for those interested in early retirement planning and optimizing their financial strategy.

Cody Garrett, a financial expert from Measure Twice Money, joins to explore the Roth IRA conversion ladder, a powerful strategy for accessing retirement funds early. The conversation dives into the intricacies of tax planning, including the five-year bridging period and its implications. They discuss the impact of Roth conversions on health insurance subsidies and penalties for early withdrawals, with insights on avoiding unexpected costs. Cody emphasizes meticulous long-term financial planning to optimize income and propel listeners towards financial independence.

Sean Mullaney, a financial planner and CPA specializing in tax planning for early retirees, joins Cody Garrett, a financial planner focused on family financial education. They dive into tax strategies specific to early retirees, discussing the interplay of the Affordable Care Act with Roth conversions. The duo explores how Social Security earnings impact early retirement, and the importance of managing Modified Adjusted Gross Income. They also share insights on maximizing Health Savings Accounts and navigating state-specific tax laws for effective retirement planning.

Cody Garrett, founder of Measure Twice Money and an expert in advice-only financial planning, shares 24 common DIY investment mistakes. He highlights pitfalls like underutilizing employer benefits and misapplying the 4% rule. Cody emphasizes the importance of strategic planning as you approach retirement, discussing topics such as Roth accounts and health insurance. The conversation wraps up with a delightful Holiday piano medley, perfectly capturing the festive spirit!