A Complete Guide To Tax Savings With Charitable Giving (HUGE Tax Deduction)
Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)
Ari Taublieb, CFP®, MBA
4.7 • 585 Ratings
🗓️ 5 December 2022
⏱️ 18 minutes
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| 0:00.0 | A very warm welcome to the early retirement show, the show dedicated to helping you navigate |
| 0:05.3 | the nuances of an early retirement, a non-traditional retirement. Now let's get right into the |
| 0:11.4 | episode so we can learn how to retire early. A warm welcome back to the early retirement show. I am |
| 0:17.2 | your host, Ari Taublieb, and today's episode is one I've been waiting to record for a long time |
| 0:22.3 | because it is going to tell you how to save hundreds of thousands of dollars in taxes. And I am so |
| 0:28.1 | excited and it depends based off your situation. If this even makes sense, but for those that it does, |
| 0:33.6 | oh my gosh, is this powerful? So we're going to be talking about Roth conversions and charitable |
| 0:38.1 | giving and all of these strategies that can give more to the charity, but can also benefit you |
| 0:43.3 | personally for your tax situation. I tell everyone this and my clients laugh and I know some |
| 0:48.1 | my clients listening to this are probably about to laugh again, but I'm all about being patriotic, |
| 0:53.2 | not to the degree that I'm so patriotic that I'm |
| 0:56.0 | actually paying more in taxes. So I do love, of course, our country, but I do not need to pay |
| 1:00.8 | any more in taxes and neither do my clients. So what I say is pay as much as legally you should have to, |
| 1:06.7 | of course, but don't pay more than that in these strategies, Roth conversions, charitable giving |
| 1:11.7 | through a donor advised fund, which is pretty much like having your own foundation, which is |
| 1:15.9 | very cool that most people don't even consider. Well, that's what we're going to be talking about |
| 1:20.0 | today. And all of this and more, once again, is on my YouTube channel. What I love about the podcast |
| 1:25.3 | app is that you can all listen to this free. I don't put any |
| 1:28.5 | ads on this. I want to make sure you are not interrupted throughout the process. My kind ask is that if |
| 1:33.4 | you don't mind, please do continue to rate and review the podcast. If you leave a helpful review, |
| 1:38.4 | it helps more people find the show and understand when they can retire early. And if you know by |
| 1:43.1 | now, you've been listening for a while, it's not an early retirement that I love. What I love is knowing when you no longer need to work, when you are in a position where work is now optional because financially you no longer need it. Now, of course, that's a different thing for different people, and we're going to be talking about that today. Now, let's hop |
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