I'm going to assume you have a massive stock gain on a single position. And that single position is in a brokerage account. And I am going to assume that you don't want to pay any more taxes than you need to. That's really the basis for today's episode. I have a current client. They have a massive stock gain. And they said, all right, how do I think through making sure I don't pay any more in taxes than I need to? I said, great, this is an awesome podcast topic. So I'm going to go through my example today on this. A lot of you are going, Ari, I don't have a massive stock gain in one position. I have it in multiple positions. How do I think through that? What do I think through tax-wise? A lot of people that want to retire early, they don't just have a Roth IRA. They don't just have an IRA. They don't

just have a 401k. They don't just have an IRA.

They don't just have a 401k. They have brokerage accounts, taxable accounts, joint accounts,

which of course all mean the same thing. And these are amazing accounts that you can use to tap into to keep your income low for tax purposes and you're able to invest as much as you'd like.

And for an early retirement, it is a very

powerful account. So I'm going to connect all the dots of everything I just went over in

just a moment today. It wouldn't be the early retirement show without going through the review

of the week. And this comes through Henry, who says, Ari, was skeptical initially

tuning into your content. You seem young, but you also seem like you like this stuff. Been watching you for a few months now and impressed and look forward to Mondays. Awesome, Henry. Glad that it has been helpful. I want to keep making this content. And I am young. And for a lot of you, you already know that. And I view that as a gain. And the reason for that is I am obsessed with this stuff and I want to be with my clients for next 30, 40 plus years. Now, I'm not obsessed with numbers because of numbers sake. I'm obsessed with helping you get the most out of what you've worked so hard for. If we can use numbers to do that, that's why all this planning stuff is pretty cool to me. I promise not a total nerd in the sense of I just go look at numbers all the time, but I do like

looking at them because they can really make you live a successful life. The goal here is, though,

how do we connect the dots? And so whether it's talked about what we're going to go through today,

if you have a massive stock gain, awesome. How do we pay the least amount in taxes possible,

but also understand what does that mean for our life

goals? Can we spend a little bit more because of that awesome stock gain? Or do you really not

give yourself permission to do so because you're like, oh my gosh, I'm going to have to pay all these

taxes on it. There's all these different mental shifts that I find fascinating. And the last thing I

want is for you to living with guilt of any kind because

financially you just don't have confidence around your money. So I'm going to go through this

today just to dial it in for you. Hopefully it's very helpful. And if it is, of course,

please do leave a review on the podcast. It's how more people find the show. Over 200,000 downloads. And my goal is to help

a million plus people retire early. So thank you for your help in helping me do just that.

So let's hop right in. And this comes from a current client. Like I said before, they have a very

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