A beginner’s guide to early retirement investing and financial independence

So you’ve paid off all your high interest debt, have a job, and know that one day you would like to either retire early and/or become financially independent.  For nearly two decades, I have been successfully saving and investing for early retirement.  So what are the next steps? It seems personal finance advice is all over the board and can be overwhelming. I am here to tell you that financial independence planning is easier than you think. Here is your easy and comprehensive guide to early retirement investing. Step One: Max out your contributions to your 401(k) plan (or 403b,

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Pay lower taxes by itemizing deductions every other year

Do you own a house with a mortgage on it?  If so, you may be a good candidate to itemize your deductions on your tax return.  Before we dive into why and how to do this, let’s first define what itemized deductions are, shall we?  According to Wikipedia: Under United States tax law, itemized deductions are eligible expenses that individual taxpayers can claim on federal income tax returns and which decrease their taxable income, and is claimable in place of a standard deduction, if available. Let’s go over some of the most common items people can and do itemize.  This

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