this post was submitted on 13 Jun 2023
5 points (100.0% liked)

FIRE (Financial Independence Retire Early)

1139 readers
6 users here now

Welcome!

FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.


Flow Charts:

Personal Income Spending Flow Chart (US)

Personal Income Spending Flow Chart (Canada)

Finance Flow Chart (UK)

Personal Income Spending Flow Chart (Australia)

Personal Finance Flow Chart (Ireland)


Useful Links:

Bogleheads Wiki

Mr. Money Moustache - a frugal lifestyle blog

The Earth Awaits


Related Communities:

/c/[email protected]

/c/[email protected]

/c/[email protected]

/c/[email protected]


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] basis 3 points 1 year ago

I have mixed feelings about the provisions of the TCJA expiring in 2026. The lower tax brackets and QBI have made Roth contributions really attractive. However, I would really enjoy having lower taxable income with more Traditional contributions, which I would plan to do in 2026. Sometimes I feel like I’m planning too far ahead, since for all I know, the TCJA could become permanent.