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Optimal Finance Daily - Financial Independence and Money Advice

045: The Lovely Low Taxes of Early Retirement by Mr. Money Mustache

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 29 April 2016

⏱️ 13 minutes

🧾️ Download transcript

Summary

Retiring early can have a huge positive impact on how much you pay in taxes. Check out this post from Mr. Money Mustache! Episode 045: The Lovely Low Taxes of Early Retirement by Mr. Money Mustache (How to Have a Low Tax Rate & Pay Less in Taxes). Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure. He and his wife studied engineering and computer science in Canada, then worked in standard tech-industry cubicle jobs in various locations throughout the late ’90s and early 2000s. Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two. The original post is located here: http://www.mrmoneymustache.com/2012/06/04/the-lovely-low-taxes-of-early-retirement Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and Join the Ol' Family to get your Free Gifts! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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The new Galaxy Z Flip5 and Chromebook, better together.

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Available on Sky Mobile.

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Bluetooth and internet connection required.

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You must be signed into the same Google account on both your phone and Chromebook.

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Make match days easy with Google Pay. Journey across town. Tap in and save time. Pub Gung Cashless, just tap and save stress.

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Fast, safe, simple. Match days made easy with Google Pay. Add a card to your Google

0:41.6

wallet. This is optimal finance daily episode 45, the lovely low taxes of early retirement by Mr

0:48.0

money mustache of Mr money mustache.com.

0:51.0

Get ready to maximize your potential with optimal finance daily, the

0:55.6

podcast that brings you the best content in personal finance five days a week.

1:00.4

Your optimal life awaits. Now here's your host, Dan Warren.

1:05.0

Hello everybody and welcome to this Friday edition of optimal finance daily. I'm Dan the guy who

1:15.2

has somehow managed to make a career of talking to himself in small rooms and

1:19.6

today I'm going to as I do every day read to you from some of the best personal finance blogs on the planet.

1:25.8

Today's post comes from our old favorite here at the podcast, Mr Money Mustache of Mr Money Mustache.com.

1:32.8

And before we get into today's content,

1:34.8

want to remind you that we're giving away a book

1:36.7

by The Minimalists, another of our regular authors

1:39.7

here at the show.

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