Author of How to Plan the Perfect Retirement on The Great Courses, Founder of Sensible Money. Lover of spreadsheets, Harleys, mountains, and pitbulls.
Apr 29, 2024 • 7 tweets • 1 min read
A retired client with total income of $49k paid an effective tax rate of 34% on part time work in 2023. How does this happen? 👇
For 2023, they have a partial year of Social Security income, some IRA withdrawals & received an advanced premium health care tax credit.
May 4, 2021 • 18 tweets • 3 min read
Two months ago I was talking to my mom and she mentioned her mortgage interest rate was > 5%. I asked for a copy of her statement to look into refi options. Instead, I ended up making her mortgage payment. Why? Time for a thread on mental illness & what I learned about it. 👇
My parents divorced when I was 3. Mom remarried when I was 5. She had primary custody of me. She struggled with alcoholism and was diagnosed bipolar. She picked fights w/ my stepdad and the police came to our house often.
