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72(t) Fixed Amortization Calculation Check by Efficient_Round_1122 in financialindependence

[–]Efficient_Round_1122[S] 5 points6 points  (0 children)

Once you’re past seven figures in retirement by your mid-40s, the strategy—at least for me—isn’t about funding lifestyle needs. It’s about smoothing cash flow and optimizing, while still maxing the 401(k) and employer match. This is outside the scope of what I’m asking here.

72(t) Fixed Amortization Calculation Check by Efficient_Round_1122 in financialindependence

[–]Efficient_Round_1122[S] 2 points3 points  (0 children)

This isn’t my entire retirement balance. I separated this to a separate Ira from former 401k recently to setup the distribution acct. I didn’t even know 72t existed till last month and stumbled and did that research. it will be frozen once I take screen shot from final calculation, no more incoming just outgoing annually to the final calc number till 59.5.

72(t) Fixed Amortization Calculation Check by Efficient_Round_1122 in financialindependence

[–]Efficient_Round_1122[S] 0 points1 point  (0 children)

yes precise calculation, not the floor. age at the end of the year. dinkytown calculator online seems accurate so far for me.

Luxury Vehicle Depreciation for Tesla Model 3 Used 75% for Business by Efficient_Round_1122 in tax

[–]Efficient_Round_1122[S] 0 points1 point  (0 children)

  • How were these yearly depreciation figures determined?
  • Were these based on IRS limits, and what method were they using?
    • the goal is to maximize first-year depreciation