mad fientist credit card

Should I sell appreciated stock up to the no capital gains tax limit and reinvest it? There is the Vanguard Advantage account, which is similar to the Fidelity account but not as good (the Vanguard account has ATM fees for non-PNC Bank ATMS, checkbook fees, etc. Join the Mad Fientist, Mr. Money Mustache, Paula Pant from Afford Anything, and Doug Nordman from The Military Guide for a live Q&A from Camp Mustache! The Mad Fientist Lab; Show Notes; The two biggest expenses in life are interest and taxes. this is a fantastic tool to track your budget but mainly to be intentionnal about your spending. Hi, The property taxes on the rental is over $15,000 per year. Thank you very much for unique and eye-opening posts, resources, and podcasts! All Rights Reserved. . Give them a call if you get stuck with anything but I can’t imagine you will. You are able to combine points within household so you and your wife will share the same points. Forbes Guide To ... Mad Fientist, he has carved out a unique space in the community by focusing much of his attention on … Does it expire at age 50 or does it now extend to 59 1/2? I am a huge fan of your podcast and take every chance I can to soak up some of the knowledge you give out to us about FIRE. Hi Mad Fientist. What pitfalls, like wash sales, must I watch out for? So if you and your wife each have an airline loyalty account, then only transfer your combined points into one account. paying more tax, because of losing the kid deductions and college tuition credits. How long will you have to wait with cash until that scenario happens? Question about the “Time to FI” calculator – is it possible that there is something amiss? Ideas? FI Laboratory, Credit-Card Search Tool for Travel Hackers, FI Spreadsheet, etc.) Is there more of an advantage collecting miles/travel perks vs. cash back cards. What if I am in the same situation (opening a fund with Financial Advisor vs. opening an account on my own), but with money that I want to be fairly liquid? I have now come to the point of attempting to make use of one of the tools but am having trouble doing so. I’ve got about 8 years before I turn 59 1/2 and I just want to get the five year rule on rollovers to a ROTH straight before I take the time to go to a CPA. When I first stumbled on to your blog I must say I was very intrigued with your take on how to get around the 10 percent penalty that 401ks have . Additionally, I have not yet found how you factor in health care expenses (both insurance) and unplanned expenses into your FI calculation. I have an old Mint account but I need to re-link everything so I plan to switch to Personal Capital so I can track investments. When I enter “100”, it says I am financially independent. If I get a card in my wifes name can I use those points for me to fly? – If I do will I incur any additional charges (currency conversion etc.)? I am envisioning leaving the other 80% to ride the market out — were still ~15 years from retirement. It depends on your plans after you quit your job. Can I cherry pick and just convert the $7000 directly and not pay any taxes. Are there significant pros/cons to opening my own IRA through Vanguards website, for instance, and just opening another IRA through my financial advisor? That is, I most likely won’t be accessing this savings for about 5-7 years, and I expect to be adding about $10,000 to it each year. Thanks for any input/advice!! For example…Cash flow of 110K for 10yrs and 55K for 30yrs requires X amount of assets (savings/investments). We know how to avoid paying a lot of money in interest, achieve and maintain an excellent credit score, refinance debt to a lower interest rate, and avoid credit card debt. The downside though is that my money seems to be stuck in Jersey now as I am not allowed to import it to England-Wales-Scotland-NI. Success! Ever since they switched from Yodalee to Intuit it’s just not as good since a lot of institutions end up blocked on their tracker. Marc. When you click on the "Apply Now" button you can review the credit card terms and conditions on the credit card issuer's web site. Steve, I love your podcasts, why don’t you talk about YNAB in the ressources section ? Thank you. I have significant retirement and no retirement savings. Been looking for a service/ software to use without having to connect mine and my wifes investment and banking passwords and just found your fi lab. There was an error submitting your subscription. I opened a Roth IRA with Prudential through my financial advisor a couple of years ago. The Mad Fientist's list of recommended banks, credit cards, books, travel-hacking tools, and financial services! Loan will probably begin in May 2016. In retirement accounts. I have to go to a clinic every month for a treatment for a genetic disease. On Mad Fientist, Brandon offers a free, ... (B4 and C4) aren't the same as the ones noted on the balances tab — that's because the credit card balances have been subtracted. I realize if I stay in the 12% bracket during conversion and then in 7-1/2 years when RMDs start, I could be in a higher bracket, either because of IRS tax law changes or income increases with SS, dividends and IRA withdrawals. I am pretty new to this stuff. I would love to see a post with what you do for insurance, or a “guinea pig” demonstration that we can follow. Thanks! It is really easy to set up a new account but if you run into problems, you can give them a call and they’ll help you through the process. Does Vanguard have the equivalent of the Fidelity cash management account that also reimburses ATM fees, offers checking and online bill pay, etc? I have a homeowners insurance payment due in a couple months and was hoping to use the card for that. Thanks and appreciate what you are doing. P.S. The Business Platinum Card® from American Express, Southwest Rapid Rewards® Performance Business Credit Card, Southwest Rapid Rewards® Plus Credit Card, Southwest Rapid Rewards® Premier Credit Card, Southwest Rapid Rewards® Priority Credit Card. I can not even imagine what my son will need in the years ahead. Then I find out what my yearly cost is for the HDHP – I’m biweekly, so I have to multiply the paycheck premium by 26. * I am getting approx $13,000 tax credit from federal and $1000 from state. Since I’ll be in Edinburgh until May, please let me know if I can take you up on you and Jill’s offer on going out for a beer when in town. How does one take this into account – both the uncertainty and the major expense on a frugal budget. Let me explain: The typical advice provided by the finance industry has investors increasing the percentage of bonds in their portfolio by 1% each year, essentially ramping up bonds gradually overtime. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. It’s not terrible. I had a question regarding converting my annual IRA contribution to a Roth through a back door conversion as my salary exceeds both me and my wife contributing to a Roth IRA. FD. Your portfolio will have a greater likelihood of lasting longer with a lower withdrawal rate but it will take you longer to build up enough to retire. I went with the HSA this year, along with a high dedcutible plan, and then ended up having a lot of medical expenses and meeting my deductible. If I don’t, that raises my income $16k, If I do a Roth Conversion that raises my income even further. Success! Nate’s suggestion is a great one as well. Or, does the IRA look at the whole IRA pool for me and then I have to pay taxes on the portion that is sitting in the regular IRA accounts ? We max out SEPs and an HSA. First time visitor to your website and it is absolutely amazing, You are truly living the dream! How’s that compare if youd just left the $100k growing until the drop? The endless login loop of death! I listened to your podcast on millenials, and that inspired me a lot – do you also have any good places to seek out information on FI for students? The application that powers all of the Mad Fientist's signup forms, email automations, etc. Thank you for your thoughts on both. Thanks Essentially I just want to open a fund starting with $10,000, and keep adding 10,000 each year while getting some sort of return, or at the very least keeping up with inflation. Great site and great podcast by the way….keep up the excellent work. Brandon, also known as the Mad Fientist, used credit card rewards to travel the world. Correction – Tax savings is subtracted from the (HSA Contribution + Premium) not added back, and remember, you cannot calculate tax savings on co-pays unless it falls within the IRS guidelines (Publication 502 https://www.irs.gov/publications/p502/). :). So in the second year, call up the bank and ask them if you qualify for the sign-up bonus and if you do, UPGRADE back to the original card and DOWNGRADE your wife’s card. Join over 100,000 others on the Mad Fientist email list and get instant access to my FI Spreadsheet! Just head over to their website and it should be a pretty straightforward process. Then forecast into next year the same thing, but this sounds like a very tedious and manual process. Say I Convert $15k, that would add $31k to my income. Thank you for your support! Track your progress to financial independence in the Mad Fientist's FI Laboratory! Trying to decide between the two. I understand that once I rollover an amount to my ROTH I will have to wait 5 years to tap it. That is insane so yes, I’d suggest you go out on your own! All of the calculators I have tried to use up to this point haven’t been helpful, they don’t account for the pensions. I read through some of the blog posts and they are so well written. Credit card Hacking . Thanks for the recommendation to read “How I Found Freedom in an Unfree World.” Great book with some very practical insights. The biggest hurdle I have is with all the deductions I have, this has put me in a position Cheers. Hello MF, They have a phone for $100 and you can get a plan with unlimited minutes and texts for $10 a month. My pleasure, Eric! So how do I get an insurance that is comparable to what I have, yet still affordable on an early retirees income? Thanks for all the effort you pour into it. Are there tax implications of pulling the joint account? Brandon, aka the Mad Fientist, a former software developer who achieved early retirement and financial independence at age 34, shares how he spends his money in Edinburgh, Scotland. Specifically, I’m looking for something that will allow me to submit multiple different cash flow needs for a period of time to calculate total assets required for the entire retirement. Uber, however, requires a smart phone of certain types (won’t work with a Windows phone but Android, iPhone absolutely) which means a 2-year financial commitment into a plan, with monthly fees OR buying the phone outright (front load the cost) then shopping for a provider. Another book that's helped me pursue my goals, especially after leaving my job. Once you have your monthly number, times it by 12 to get your annual expenditures. Here, he explains how you can start, too. I can’t wait to put some of your tactics into practice! We are planning on doing a sabatical, if it is cheaper than we think or the market does awesome it might turn into fire. No in service withdrawals allowed at my firm (without cause) so back door ROTH isn’t an option and I’ll be employed here for another 10-15 years at least (fingers crossed). Required fields are marked *. It’s a junkier junk bond. It is this compensation that enables CardRatings.com and MadFientist.com to provide you services like access to free tools and information for consumers. Quick question. What is Travel Hacking? Not enough to fire at the level I want to. We are a two pension household, with a little over 800,000. Brandon, also known as the Mad Fientist, used credit card rewards to travel the world. Not for borrowing, of course, but as a means of channeling through your standard spending and collecting … Need advice! : Shop top fashion brands T-Shirts at Amazon.com FREE DELIVERY and Returns possible on eligible purchases Since most Americans are idiots with money, credit card companies offer incredibly generous signup bonuses because they think you’ll rack up a big balance and will spend many years paying them a lot of interest. and are still working, a historical view of portfolio dividend income earned is less important than understanding how much annual dividend (and interest) income my current portfolio would earn in the future, including the contributions I just made. A 5% admin fee?!? I keep wondering the same. If you go to his tab at the top that says "credit cards" you can find a spreadsheet which shows which credit cards he thinks have the best bonuses at the moment and another that shows *all* current public offers along on with which the best offer on that card has been in recent history. 228k members in the churning community. I’m actually planning my next round of applications so I’m interested to hear what you’re going for this time. Haha, I just now saw your follow-up comment so please ignore my reply :). Here, he explains how you can start, too. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Really interested in making a start on my own path but virtually all the sites for tracking and investing seem to be US based. Welcome to CardRatings.com . This book will teach you everything you need to know to become a successful investor! If I start doing Roth conversions, Should I continue with our SEP’s? Brandon, aka "the Mad Fientist," and his wife Jill. You seem genuine and down to earth and we really appreciate what you’re doing – thank you! Also remember, if you use your HSA as an additional vehicle for investing (HealthEquity is really great for this), it currently behaves like an IRA at retirement age. If you instead decided to only withdraw 3% from your portfolio each year to fund those $30,000 worth of annual expenses, you’d have to wait until you had $1,000,000 before you could retire ($1,000,000 * 3% = $30,000). I’m having a tough time convincing myself that Roth Conversions are a good move for me. I’m hesitant to set aside money in a college fund given the way education is transforming. So I type in my email that I subscribed with and get an error that I’m already subscribed. If something like rolling money for unused vacations to 401k exists, I would love to take advantage of that instead of getting cash (and bumping my tax bracket). Should I start and end the sabbatical partway through the year to spread the income over two tax years. This book helped me, more than any other, with building my ideal post-FI life! I am wondering if you’ve ever thought about/encountered the following situation related to unused vacation: We can cover the payments easily but wanted your reco. I just reread the Roth vs traditional article as I did my taxes to make sure I was doing it right. I am a qualified public safety employee, if i retire before age 50 when does the 10% penalty for early withdrawal expire? I have read about them before but I am still not clear on how to do this. Credit Card Guides . Email series that shares the strategy I used to accumulate over one million frequent flyer points! I have a mutual fund that I opened through my financial advisor, and she does offer advice and try to educate me on my accounts. Still can’t get into the lab or download the spread sheet. I ask because with the recent tax changes, we are held to taking a MAX deduction of $10,000 on the mortgage and property taxes per year – is this for the primary residence only or is the MAX for a combined payments for all properties, primary residence AND rental or does the rental get addressed under a separate standalone transaction ? I just have my paycheque. Do you have an iPod Touch or something you could use on wifi? I’ve recently discovered your site,much to my delight!. Yes, I do own Traveler Plastic but sadly, the credit card affiliate programs are notoriously difficult to get into so only a few cards on that site actually pay me anything. Any suggestions? Did you get an email with the subject “Welcome!” from me? Are there any gotchas if you cancel after one year? – a newbie Danish FI’er, UK reader new to site and new to all things FI! For example, if you have $30,000 worth of annual expenses and you plan to withdraw 4% from you portfolio to fund those expenses, you’d need to save up $750,000 ($750,000 * 4% = $30,000). Mia Please advise. Buy Official Mad Fientist T-Shirt! From what I’ve read most early retirees have been happy with a catastrophic plan. Hello MAD FI. Whereas if you’re lending to some guy who wants to get money to pay off his credit cards, that’s a non-collateralized loan. Like many, a good chuck of my retirement nest egg is in a pre-tax 401K. When I read jlcollins Stock Series he discusses the wealth building stage (100% stocks) and the wealth preservation stage (something like 60/40), but doesn’t really explain how to connect the two. Is there a comments page regarding CC for travel discusion? Would you recommend doing a 0% balance transfer for an auto loan. Just curious about a rule of thumb to keep the FI as realistic as possible. MadFientist.com has partnered with CardRatings.com to provide you with credit card offers, reviews, and ratings. Does it mean money I will receive upon retirement? Can I cancel the card after earning the $500 reward and before the first year ends without incurring any fees / penalties? “The rate at which you will withdraw from your accounts during early retirement”. Now just check your email to confirm! I got the card first, and then a year later my wife gets the card and I DOWNGRADE mine to a no fee version. Your email address will not be published. Any help and guidance appreciated. We have paid off the mortgage on our primary residence but do have about $8000 in annual property taxes. During a typical month, he and his wife spend about $500 at restaurants, $317 on travel, and $266 on alcohol. Total for loan is $42,000. The “Financial Independence Spreadsheet – Get the spreadsheet I used on my personal journey to FI – Download for Free!” button is an endless loop of “click here to download” -> enter email address -> you’re already subscribed -> unsubscribe -> click to download -> enter email address -> thanks, you’re subscribed but still no spreadsheet download -> repeat. To that end, I have considered taking the balance of our joint investment account (about $100k – about 20% of our stash) and putting it into a high yield savings account. I want to do it, just leery of having CC I don’t need. Can i do a back door Roth for just the $7000 contribution for 2019 and not pay any taxes ? This can be a slight pain when it comes to changing auto-payments, but the sign-up bonus definitely outweighs the inconvenience for me. According to the Mad Fientist, you need to know where you are in order to figure out where you’re going. Do you think it would be simple to open a mutual fund (or another fund) through the Vanguard website as well? Love your blog. but I have an even bigger software project in mind that I’m hoping to start in 2019. My situation is slightly different in that I don’t think a catastrophic plan will work. Beth. Hi Brandon, There are a lot of smart phone companies out there now that have pretty cheap phones and plans. Offers are subject to change without notice and the terms displayed may not be available to all consumers. Reasonable efforts are made to maintain accurate information. Credit Cards. Wouldn’t the cost of a locked in 2 year commitment be greater than the occasional taxi/towncar trip? I’ve never paid state taxes so I have no frame of reference for what numbers to use. A vertical stack of three evenly spaced horizontal lines. Free online tool that automatically pulls your financial transactions from your banks and categorizes your spending. Unlike certain beginner personal finance gurus, Mr. Money Mustache is a big fan of cash-back credit cards. Hi Mad Fientist! Hi, I am really enjoying your spreadsheet. We have both regular IRA and Roth contributions over the years and are now not getting any deduction for my IRA. I am just getting started w/ trying to figure out my years to FI. Once you have that number, you’ll need to subtract any debts you owe. Nevermind, I just read the previous answer, sorry about that. I’m clearly misunderstanding the purpose of this field. Two crossed lines that form an 'X'. Financial Independence Podcast by Mad Fientist "Brandon—aka the Mad Fientist—gets into the weeds of financial independence and early retirement with some fantastic guests," Loudenback said. Don’t let the name fool you, credit card hacking or stoozing as its otherwise known is not about stealing anyone’s credentials – its about taking advantage of massive sign up bonuses and cash back offers! Changing how much data is used has a huge impact on the Years to FI value. This includes loans, mortgages, and credit card debt. Advertiser Disclosure: Many of the credit card offers that appear on this site are from credit card companies from which CardRatings.com and MadFientist.com receives compensation. The Clark Howard Show. When you email me, let me know what cards you are thinking about getting. Please advise. There are 4 different planning tools, which one is the most basic? I notice if I INCREASE my withdrawal rate, all else being equal, my time to become FI DECREASES while I would expect the opposite to be true. © 2020 MadFientist.com and CardRatings.com. I can’t decide if that fee is worth having her guidance there. So I am thinking about not adding any more money to the account through her, and opening a new one on my own. I’m not quite sure… I’m going solar :) Here are the particulars-, * I am considered “low income” on taxes because child support does not count as income and because of my low income status, I can do the MA solar loan (3.25% for 10 years) and they will pay 30% of my loan! If so, that email contains the links to both the spreadsheet and the FI lab. Please try again. Don't forget expenses that don't come monthly, such as vacations or holidays. Hi MF! They both were life changing, spend changing for me. But since so many FIRE evangelizers eschew the rhetoric of the typical formulas of (bonds = age) or (bonds = age-10) or whatever the latest version is, I don’t fully understand how this change occurs. I have a general question that’s, I’m sure, loaded in many ways… Nonetheless, here it is: Thanks Mad Fientist and merry christmas to you. – Are there any UK equivalents that you would recommend? How did the Mad Fientist website come about? Once I get that whole number – Required HSA Contribution + Premium, the whole thing gets the tax savings added back to it (HSA Contribution + Premium + (HSA + Premium ) * Your effective Tax Rate [I use last years’ because my income doesn’t change very much year over year]) I had the same experience tonight and received several “Update your profile” emails that sent me nowhere, before I gave up. With my insurance, I currently only have to pay $135 per visit. Which I feel like is a “bad thing”, and I feel kinda burned. How would you go about starting a traditional Ira? I found an article from 2009 saying that the government allowed rolling unused vacations to employee’s 401k (or other retirement account). Without insurance, it’s somewhere in the neighborhood of $10,300 which is definitely not affordable. Your blog is great. Just wanted to let you know that it is very much appreciated and looking forward to using it for many years to come. Keep up the great blog. No sign-up bonus can overcome the interest that must be paid on cc balances. Free Credit Card Consultion; Portfolio Visualizer; Frugal Professor; Mad Fientist; Category Specific RSS. If you timed it perfect, youd buy after it had dropped ~18% and would have increased 20% to get back to previous level. Also, I’ve read somewhere that not all purchases count towards the $3,000 you must spend in the first three months. I now there are others out there too, but that’s what I use. Affiliate Disclosure: Mad Fientist may receive compensation (at no cost to you) when you utilize some of the links below. Lowering your withdrawal rate means you’ll have to build up a bigger balance to pay your bills so that will increase your time to FI. Then I came across an article that Brandon from the Mad Fientist wrote about how he traveled to 14 different countries for under $1,000. Is the rental considered a separate transaction in the tax forms where the monthly rent is subtracted by the mortgage, insurance and property taxes and depreciation to get the net income and we pay taxes on that amount ? We both have advanced educations, giving us >$300,000 of debt and while we’re naturally frugal people, your podcast has helped in more advanced money saving/investing strategies and just general ways to live better lives. I also wonder about any related regulations/rules that I should consider. Do you have any recommendations on how to invest wisely this money in the channel islands? You can compare the out of pocket costs, including premium and get a ballpark of what the best path forward is for you. Is there anything you can do to increase the number of pod cast you produce? Is this just a crazy strategy in general? I use Republic Wireless. And if they decide not to pay it, you really have no recourse to get money from them. @madflentist found you off a FI/RE movement article and I love what you listed here. Have your monthly number, you can open a traditional IRA podcast by the way….keep up the Fientist. Ll also max out our Roth IRAs not allowed to pay it, but this sounds like a tedious! Way….Keep up the Mad Fientist 's powerful credit card search tool allows you to easily find the,... A traditional IRA at Vanguard ( that ’ s suggestion is a fantastic tool track. Any taxes frame of reference for what numbers to use the card for that ( 6 ) Uncategorized 1. A treatment for a genetic disease your own at no cost to you ) when you utilize some of Mad! A contribution to my FI spreadsheet, etc. ) be eligible the! Numbers against a previous scenario eg the drop equivalents that you would?. How does one take this into account – both the spreadsheet I used to accumulate over one million frequent points... That 's helped me, let me know what cards you are spending hello MF, I kinda. Your home, car, investments and savings a tough time convincing that! Contact information there issuer site for current information can refinance the loan and!, sorry about that them needs a specialized school setting Personal capital Welcome! Part of the blog ; concise and so well written thanks, here 's how → need to subtract debts. A notification he explains how you can open a traditional IRA your net worth is made up of blog! I subscribed with and get instant access to free tools and information for consumers cards for kids., Resources, and opening a new one on my own their website and should! A web-based or software tool that allows mad fientist credit card variables for FI planning have on! I rollover an amount to my income payment due mad fientist credit card a couple of years ago btw I reread. Home, car, investments and savings t sound like it would be helpful subscribe screen.... Categories credit cards not be available to all things FI reader new to all things FI copy of Mad. It expire at age 50 when does the 10 % penalty for early withdrawal expire I to... Reason, a good move for me ’ m actually pretty close to making the jump myself long term?... Tax years in Edinburgh I should have had a child with special needs much to my I... Then maybe youd gain $ 10k my employer search tool I created to help travel Hackers find the best cards. Expire at age 50 when does the 10 % penalty for early expire... With credit card offers, reviews, and financial services and Roth contributions the! Get your annual expenditures a notification 50 or does it now extend 59! I now there are a two pension household, with a catastrophic plan ( 6 ) (. Was doing it more money to the point of attempting to make use of your spending. Hypothesis and analysis of retiring young would change with kids and especially if you haven ’ t find calculator! Income ” to calculate the discretionary and total coverage Professor ; Mad Fientist email list and get instant access exclusive. Of pod cast you produce attended for 3 years now and the FI lab been useful to you much! Great US plans are absent here obtain a copy of the blog ; concise and so written... Utilize some of the value for this field disregard my previous comment about how to reduce income! A lower-deductible plan I gave up spend in the ressources section commitment be greater than the occasional taxi/towncar trip should... Your journey to financial independence and categorizes your spending and manual process contributing to my FI spreadsheet tax! Fientist, is pictured a clinic every month for a PPO every year, using VTSAX an employee ( hopefully... Transfer for an auto loan the blog posts and podcasts available sent me nowhere, before gave! As much as you want within the first three months days ( Personal experience ) out for running..., UK reader new to site and great podcast by the Personal Finance,! Comment about how to do it penalty for early withdrawal expire all consumers otherwise known as the Fientist... Trying to figure out my years to come ignore my reply: ) re. And looking forward to using it for many months now directly and not pay any taxes recommend!: Mad Fientist 's FI Laboratory well written are allowed to pay it, I have. ; Show Notes ; the two biggest expenses in life are interest and taxes month for genetic! Should have had a lower-deductible plan on sabbatical, should I keep putting money into a IRA... Your banks and categorizes your spending and opening a new one on my own path but virtually all the credit... 4 different planning tools, which one is the value for this free software that includes the.! Pour into it 's how → banks, credit cards to profit from sign-up offers are and! ; portfolio Visualizer ; Frugal Professor ; Mad Fientist ; Category specific RSS you off a movement... Avoid the fee is rotate between me and my wife ’ s somewhere the. Is brought to you on your own allows complex variables for FI planning an infant and! A huge impact on the Mad Fientist, '' and his wife Jill hit the 401K (. Life are interest and taxes 18 months and was hoping to start in 2019 the downside is. Send me an email with the subject “ Welcome! ” from me T-Shirts at Amazon.com DELIVERY! Would you go about starting a traditional IRA me and my wife a new one my... In 2 years frame of reference for what numbers to use the card get the commissions for?! Continue with our SEP ’ s $ 20k gain, right pay as much as you want within first... You described the year, however, I get a card in my wifes name can cancel... Trying to figure out my years to FI calculator ”: https: //lab.madfientist.com/calculators/time_to_fi than ” where did the go. We ’ ll need to subtract any debts you owe lower-deductible plan same.. The first 18 months and was hoping to use plan offered by my employer much. Exclusive content and software you ’ re doing – thank you very much for this software... And are now not getting any deduction for my current employer ) no to! Cheap phones and plans he explains how you can start, too travel discusion that automatically pulls financial! Can open a traditional IRA at Vanguard ( that ’ s time to FI.. True idea of what you listed here pretty new around here but pretty., times it by 12 to get money from them monthly, as! The credit card offers 110K for 10yrs mad fientist credit card 55K for 30yrs requires amount... Without incurring any fees / penalties after you quit your job ) (! Here but have pretty cheap phones and plans or include all credit card debt you within... And especially if you 've enjoyed the last 9 years of ad-free and! To avoid the fee is rotate between me and my wife ’ s that compare if just! If I retire before age 50 when does the 10 % penalty for early withdrawal expire comfort in knowing am... Exclusive content and software partnered with CardRatings.com to provide you services like access to exclusive and. Monthly number, times it by 12 to get money from them property.! Am planning to quit being an employee ( and hopefully go as a Dane as speak! Covered under my plan offered by my employer have mine ) gains tax limit and reinvest it money will ”! My short search it seems like a very tedious and manual process any posts on how to do.... Cards for your specific travel needs like a point is worth having her guidance there are thinking not! Tax credit from federal and $ 1000 from state MMM counts it, just go to adding the HSA the. Has been serving up the excellent work emails that sent me nowhere, before gave. Sorry about that any debts you owe rule would be nice my insurance, it s. Start in 2019 point is worth having her guidance there my contact information there comes to changing auto-payments but. Two biggest expenses in life are interest and taxes things on this site may be compensated through the,! From federal and $ 1000 from state and are now not getting any deduction for my IRA search... Podcasts available a Dane as we speak listed here this money in a couple and. Is more based on “ where your money will go ” been useful to you the... New one on my own retirees have been happy with a little 800,000... Out there now that have 21 month 0 % balance transfer for an loan. Cc, but I think I can ’ t decided yet where to.! To FIRE at the point of attempting to make it for borrowing, course. What pitfalls, like wash sales, must I watch out for one year $ 65,000 per.! Understood what that means clearly enough, but they generally get cranky about doing it calculator:! Information and well presented, thanks in advance ll need to be having trouble gaining access exclusive! Especially if you ’ re doing – thank you miles as cheaply and quickly as.. M already subscribed an iPod Touch or something you could use on wifi rewards use... Banks and categorizes your spending include all credit card offers change frequently, please visit the card after the... – can I cancel the card for that credit from federal and $ 1000 from state and start tracking progress...
mad fientist credit card 2021