GCC Business Review 2019

2019 was our 7th full year of this bizarre little life experiment we are doing. So far, so good.

The majority of what I write here on Go Curry Cracker is driven by my figuring this all out as we go. Thankfully a lot of other people are also making their own way as early retirees, travel hackers, tax geeks, expats, world travelers, nomadic families, and adventurers, and we are able to contribute to our collective well-being in some small way.

This year my attention seemed to be grabbed by:

  • tax optimization,
  • portfolio longevity/growth,
  • the mental transition from employment to fun-employment,
  • biking,
  • the lost art of laziness and un-productivity.

Based on this year’s blog traffic and profit numbers, perhaps too much on those last two. :p

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The SECURE Act – Compression of the Stretch IRA

After 10 years or so of “this legislation will pass soon”, at the end of 2019 the Setting Every Community Up for Retirement Enhancement Act finally became law.

Besides a cool acronym, the SECURE Act offers a wide range of changes and “enhancements” to 401(k)s, IRAs, and 529s, as well as a whole slew of incentives for small businesses to add or expand retirement plans to both full and part-time workers.

In my opinion, most of the changes (including the much-touted compression of the stretch IRA) are of limited interested (to the living.)

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Happy Holidays!

Happy Winter Solstice and Merry Dividend Season to all of my fellow pagans and financiers!

And Merry Christmas! Happy Hanukkah! Happy Kwanzaa! Happy Diwali! Happy Festivus! Seasons Greetings! It’s a beautiful time of year when the world’s people and faiths celebrate.

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Double Your Roth Contributions (Without Working or Earning More)

2X the Contribution, 1/2 the Work

Earning a little income in your retirement years is becoming increasingly common.

Some choose to work part-time for benefits or socialization or fun, and others accidentally make a little extra while pursuing their hobbies or passions.

With a powerful investment portfolio behind these (early) retirees, this income is often just added to a Roth IRA for further tax-free growth.

Now, what if there was a way to double those Roth contributions without working or earning more? Turns out, there is.

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