• fancy-shopping-mall

    The Sabbatical – A Mini-Retirement

    For long time readers, you probably recall that Mrs. Root of Good is still working even though I retired over a year and a half ago. Maybe you’re wondering how we’re able to jump on a plane and head to Mexico for seven weeks if she’s still working full time?

    The answer is a three month paid sabbatical.

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  • aca-subsidy-cliff

    Don’t Fall Off The Affordable Care Act Subsidy Cliffs

    This week I’m dipping into the mailbag to answer some questions from a reader named Don about the Affordable Care Act subsidies and the income limits to watch out for if you don’t want to lose your subsidy or face an unexpected increase in health care costs.

    In the past, I talked about the ACA (or “Obamacare”) making early retirement a lot easier where I went over two case studies. One case study was for an older couple approaching traditional retirement age. The second case study was my own situation of a family of five including three children.

    Read more »
  • two-cents-photo

    April 2015 Financial Update

    In April, we spent quite a bit of money. We are ramping up for our seven week summer trip to Mexico which led to many expenses in excess of our routine monthly spending. As a result, our income of $2,125 didn’t quite keep up with our $4,549 of expenditures in April. In spite of that shortfall, our net worth climbed another $30,000 primarily due to investment returns.

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  • dam-slow-water

    Climbing The Roth IRA Conversion Ladder To Fund Early Retirement

    I want to tell you a story about accessing tax-deferred funds in an IRA or 401k before age 59.5 without paying a penalty. But first I’m going full out White Fang on you.

    A trapped animal will do just about anything to get free. When you get caught, normal rules of comportment and demeanor are sloughed off to make room for the demands of the primordial will to live. It’s all about survival. Adrenaline rushing, pumping through arteries and veins, clouding the judgment and dulling the pain, the wild animal will chew it’s own leg off to disengage itself from a trap. It’s all about survival.

    You’ll have to keep reading to figure out what this has to do with accessing tax deferred accounts without paying a 10% penalty.

    Read more »
  • straw-umbrella-mexico

    Safety and Security in Mexico

    Mexico – the land of kidnappings, drug gangs, shoot outs in the streets, massive criminal organizations in armed conflict with the corrupt police. That type of sensationalism works well if you want to sell newspapers or get clicks on a “news” website. The reality is that most of the country is very peaceful. However, the states bordering the US tend to have the most security issues along with a few other areas of the country.

    I took a look at the US Department of State Travel Advisory on Mexico and checked out each state we might visit on our trip. The result? All states we intend to visit have no listed security concerns except the Estado de Mexico.

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  • money-january-2014

    March 2015 Financial Update

    March has come and gone and left our net worth largely unchanged from it’s lofty heights of a month ago. We brought in a bunch of income yet spent a relatively modest amount in spite of focusing a lot of time and effort on spending more money.

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Don’t Fall Off The Affordable Care Act Subsidy Cliffs

aca-subsidy-cliff

This week I’m dipping into the mailbag to answer some questions from a reader named Don about the Affordable Care Act subsidies and the income limits to watch out for if you don’t want to lose your subsidy or face an unexpected increase in health care costs.

In the past, I talked about the ACA (or “Obamacare”) making early retirement a lot easier where I went over two case studies. One case study was for an older couple approaching traditional retirement age. The second case study was my own situation of a family of five including three children.

Read more

April 2015 Financial Update

two-cents-photo

In April, we spent quite a bit of money. We are ramping up for our seven week summer trip to Mexico which led to many expenses in excess of our routine monthly spending. As a result, our income of $2,125 didn’t quite keep up with our $4,549 of expenditures in April. In spite of that shortfall, our net worth climbed another $30,000 primarily due to investment returns.

Read more

Climbing The Roth IRA Conversion Ladder To Fund Early Retirement

dam-slow-water

I want to tell you a story about accessing tax-deferred funds in an IRA or 401k before age 59.5 without paying a penalty. But first I’m going full out White Fang on you.

A trapped animal will do just about anything to get free. When you get caught, normal rules of comportment and demeanor are sloughed off to make room for the demands of the primordial will to live. It’s all about survival. Adrenaline rushing, pumping through arteries and veins, clouding the judgment and dulling the pain, the wild animal will chew it’s own leg off to disengage itself from a trap. It’s all about survival.

You’ll have to keep reading to figure out what this has to do with accessing tax deferred accounts without paying a 10% penalty.

Read more