I received many questions after concluding in my post “How Much is Enough to FIRE in San Francisco” that $5,654,000 was enough to cover my current and planned future spending needs.
Andre is nibbling around the edges of economics-based financial planning. If he optimizes the lifetime living standard, spending and saving is calculated and includes taxes, SS retirement benefits, etc. Andre, I wish you were one of my students!
If you manage your assets from a tax efficiency perspective, you should have little to no federal taxes if you are retired (no income) and younger than 70/72
And you can do this with industry standard 1.0 beta ETF's.
Andre is nibbling around the edges of economics-based financial planning. If he optimizes the lifetime living standard, spending and saving is calculated and includes taxes, SS retirement benefits, etc. Andre, I wish you were one of my students!
Thank you Robert! I’ll have to find a way to integrate my personal marginal utility next.
No need. MaxiFi Planner executes economics-based financial planning principles. It is what I teach.
If you manage your assets from a tax efficiency perspective, you should have little to no federal taxes if you are retired (no income) and younger than 70/72
And you can do this with industry standard 1.0 beta ETF's.