Because YOLO is much better with FIRE
Introduction Retirement planning often feels like trying to learn a second language where the rules change every single year. Between the SECURE Act 2.0 updates, shifting IRS contribution limits, and the debate between “Tax-Now” vs. “Tax-Later” accounts, it’s easy to feel paralyzed….
I have spoken about Roth IRA before and its benefits. It is an amazing offering that allows one to park money for tax-free growth but doesn’t truly lock it away. The withdrawal of income is a handy safety net that allows access…
There is a strategy, not as common as backdoor Roth but allows in some cases up to 36,000 to be saved in Roth IRA in a year.
A Roth backdoor entry is a bypass to get around income limits to participate in Roth IRA. The other key aspect of this backdoor is that there are no conversion limits so you can convert any amount as long as it is…
I started my career in the US in an offshore based system integrator where a majority of the people working were on H1-B visas. The six years, that I worked there, I use to wonder why most of the expats in the…