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2024 & 2023 Federal Income Tax Brackets: A Side by Side Comparison The IRS released the 2024 Tax Rate Brackets recently, along with the 2024 Standard Deduction amount and a bunch of other details that your tax man might find interesting. I couldn’t find a side-by-side comparison with 2023, so I decided to create one that I could look at, and that will hopefully help you out. The tax rates themselves are unchanged. They remain at 10, 12, 22, 24, 32, 35, and 37 percent. The income you can earn per each bracket has been raised a fairly significant amount, on average a little more than 5.0%. This amount is about on par with inflation, which was 6.5% in 2022 and, so far in 2023, is 3.2%, according to the U.S. Inflation Calculator. Why do tax rates matter? If you are reading this, you probably already know why they matter, but just thought I’d make sure. These tax rates impact how much ...
2020 & 2021 Federal Income Tax Brackets: A Side by Side Comparison The IRS released the 2021 Tax Rate Brackets recently. Here is a side-by-side comparison with the 2020 brackets. Hope it helps!
How To Structure Your Day In Retirement For Fulfillment and Balance Retirement offers an exciting phase of life filled with opportunities for leisure, exploration, and personal growth. It's a time to engage in hobbies, travel, spend time with loved ones, and even pursue new interests. However, moving from a structured working schedule to the open expanse of retirement can sometimes feel disorienting. You may wonder, "How should I structure my day now that I'm retired?" In retirement, you should structure your day around a balanced routine that includes regular physical activity, mental stimulation, hobbies, social interaction, relaxation, and self-care, ensuring it aligns with your personal interests and health requirements. Modify your routine as your interests and needs change over time. Maintain flexibility and openness for spontaneity and new experiences. In this article, we offer a guide to help you shape your day during retirement. We understand that everyone's ideal retirement will look different, and this guide isn't about creating a rigid ...
Net Worth | January 2022 I wasn't impressed by how much our January 2022 net worth dropped. Seems the stock market is getting turbulent these days.
Net Worth | July 2020 Our July 2020 net worth continued to increase, and 2020 continues to be a good year for us, financially speaking, despite all the uncertainty in the world.