Brokerage accounts, or as I like to call them, superhero accounts, are, in my opinion, the best account if you want to retire early.

And I'm going to go through seven reasons why so that you can see how they might really change your retirement in a big way.

Now, I have a favorite reason for them, and then I have a financial favorite reason, which you might think is the same, but they're different.

And I'm going to tell you why. So if you look at my screen here, this is my important numbers sheet.

You guys can get all of this and more in the Early Retirement Academy. It tells you everything

you need to know. Current tax brackets, deduction, social security. And if you go down here to the

long-term capital gains tax section, You can see you can pay zero percent taxes

if you're married finally jointly, up to 96,700 or 48,350 if you're single, plus you get the

standard deduction. So if you're married and your standard deduction is the one you're taking

instead of itemizing at $30,000.

And you want to take advantage of this 96,700 long-term capital gains tax bracket.

You could theoretically generate $126,700 and not pay any taxes.

Well, that's amazing. Well, what's an example of that? Well, let's just pretend, keep it real simple. You bought Apple stock for $1,000, and it's grown to $150,000. That's amazing. And if you retire at 55, hypothetically, you have no other income coming in. Now, maybe you do. Maybe there maybe there's part-time income maybe there's inheritance but just for example sake pretend there's not

what you can do is you can take your thousand dollars that you bought apple for and it grew to

150 well you have a hundred forty nine thousand dollar gain theoretically you could sell your entire Apple position in $126,700 you would not pay any taxes on.

But wait, didn't I have big gains?

Don't I have to pay taxes?

Not in this case.

Now, it depends where you live.

So you need to make sure you're aware of state taxes as well.

But on the federal level, the amazing thing about this is the first 126,700.

You pay 0% taxes on, and then anything beyond that, you would then be in the 15% bracket.

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