Alex

Faith over fear.

[Alex @Ashotzz]

@KAIROSMMA2 It’ll always be Serra over GSP

[Alex @Ashotzz]

@ChaelSonnen When you’re the best fighter in the world today, they don’t call you a great fighter. They call you Chael Sonnen!

[Alex @Ashotzz]

@MLBTheShow Awesome! As a tigers fan I am pumped that our two new legends are locked behind a massive collection !!

[Matthew S. @MatthewMKE98]

Bears 4000 yard passers: Zero

Bears state relocation: One

[Alex @Ashotzz]

@BBGreatMoments Jose Valverde’s perfect season for the tigers was a legit roller coaster every single night

[Alex @Ashotzz]

@MLB @wrhiv_72 @Topps Lemme get that

[MLB @MLB]

Happy birthday to Miggy!

Repost and reply for a chance to win this autographed Miguel Cabrera @Topps Diamond Icons card 💎

[Alex @Ashotzz]

@ick_real Virginia

[Alex @Ashotzz]

@stanleygraps He says it perfectly. Once you earn that trust and love from a cat there is nothing like it.

[Jacob Turner @TheJacobTurner]

Pro baseball player retires at 35.

Did everything right.

*Maxed out his MLB 401(k)
*Optimized his Solo 401(k) each year

Retired with $3,300,000 in those accounts.

His thought?

“I’ll just let it keep growing and not touch it.”

Sounds smart…until it’s not.

Fast forward to age 60.

That $3,300,000 has grown to $22,600,000.

Then his silent partner steps in, the IRS.

Between 20%-40% of that money belongs to the tax man.

An upcoming tax bill between...

$4.5M to $9.04M

You see, here is what he missed...

After retiring, his income and his tax bracket dropped.

A perfect time to convert (move) this money from his tax-deferred bucket (traditional retirement accounts) to his tax-free bucket (Roth retirement accounts).

Example:

He shifts all $3,300,000 from traditional retirement accounts to Roth accounts over ~ 10 years.

In that time, he pays a blended tax rate of ~ 15%.

He is prepaying his tax bill for a total of $495,000.

The other $2,805,000 now grows tax-free.

So at age 60, he is looking at a balance of roughly $19M.

The difference is that he has cut out his silent partner, the IRS.

In doing so, he saved a few million dollars off his lifetime tax bill.

This is the part most athletes miss.

The window of low income when you retire.

And in that window, you have control.

[Alex @Ashotzz]

@ScottSteiner Put 585 on for starters! 💪

[Alex @Ashotzz]

@BWLH_ The 24/7 YouTube stream of MXC is fantastic. I fall asleep to it every night

[Alex @Ashotzz]

@ChampRDS @shaunking @Complex Serious question .. if he loses tomorrow is he even still gonna be in the UFC?

[Alex @Ashotzz]

@tigers 🔥 🔥 let’s go!

[Alex @Ashotzz]

@tigers See you there 🐯

[Alex @Ashotzz]

@The_Money_Buddy Well if normal retirement age is 67 and he gets a modest 6% ROR for the next 32 years he’s looking at over a million at 67.. not including any future contributions into that 401k

[Alex @Ashotzz]

@tigers @MiguelCabrera My GOAT

[The Bratt Pack @TheBrattPack63]

Man leave it to team Canada to put McDavid-MacKinnon-Makar on the ice and then cry about how 3 on 3 isn’t fair LMAO

I mean……

[The White House @WhiteHouse]

Proud to be an American. 🇺🇸🇺🇸

[Barstool Sports @barstoolsports]

Breaking: Connor Hellebuyck has joined Tim Howard as Co-US Secretaries of Defense after his performance vs Canada