this post was submitted on 31 Jul 2023
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FIRE (Financial Independence Retire Early)

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Welcome!

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


Flow Charts:

Personal Income Spending Flow Chart (US)

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[–] FancyPantsFIRE 4 points 1 year ago (2 children)

Question for the week: Do you think about or optimize for tax diversification in retirement? For example, are you intentionally diversifying between Roth, pre-tax, and taxable accounts as a hedge against future tax code changes?

[–] FancyPantsFIRE 2 points 1 year ago

We’re in a high enough tax bracket that I struggle to envision a scenario where we’re not better off maximizing what pretax spaces we have right now. That said we also make backdoor and megabackdoor Roth contributions and have a sizable taxable brokerage balance. It wasn’t by design but we’ve ended up with a good split across each bucket.

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