How to Money Cutting Taxes & Retiring Sooner w/ Cody Garrett #1037
16 snips
Sep 17, 2025 
Cody Garrett, an advice-only CFP at Measure Twice Financial and author of *Tax Planning To and Through Early Retirement*, shares invaluable insights on tax strategies that can ease the path to early retirement. He discusses the importance of proactive tax planning, emphasizing how small savings adjustments can lead to significant benefits. The conversation also highlights the evolving mindset towards financial independence, effective withdrawal strategies, and the role of Social Security in retirement planning. Get ready to rethink your financial future!
AI Snips
Chapters
Books
Transcript
Episode notes
Use Deferral Accounts Strategically
- Use tax-advantaged accounts (401k, HSA, FSA) to defer income when you earn most.
- Treat deferred retirement accounts as taxable future income and plan distributions accordingly.
Traditional Now, Roth Later Works Often
- Choosing traditional now and converting later can exploit lower future tax rates during retirement.
- Roth conversion windows in retirement create tax-rate arbitrage opportunities.
Exploit Tax-Rate Arbitrage
- Use tax-rate arbitrage: defer income when rates are high and convert or distribute when your rate is lower.
- Structure distributions to fill low brackets and minimize lifetime tax liability.
