Dalton Miller

EP c/o '18

[Kurt Supe, CPA & Retirement Planner @KurtSupeCPA]

I just told my 20-year-old daughter she's going to be a millionaire.

She laughed and went back to studying for her economics exam.

She has no idea I'm serious.

My daughter plays college volleyball. Between practices and games, she works for me, substitute teaches on breaks, and picks up college jobs.

Last year she made enough to max out her Roth IRA — $7,000.

After her standard deduction, she paid almost nothing in federal taxes total.

Most 20-year-olds would spend that money and never think twice.

I maxed out her Roth IRA instead.

Here's the math I'm teaching her:

$7,000 at 8% annual returns for 40 years becomes $152,000. Tax-free.

Do that for just 10 years and she's sitting on over $1.1 million at 60.

Zero taxes. Ever.

Now here's what I see too often in my office:

Couples who got bad advice — or no advice at all — sitting on $3 million in traditional 401(k)s.

Most financial advisors won't touch tax planning. Period. They're trained to accumulate assets, not protect them from the IRS. Tax strategy is where most retirement plans completely fall apart, and it's the one area most advisors refuse to address.

Then RMDs hit at 73.

The IRS forces them to withdraw $110,000+ whether they need it or not. Stacks on top of their $45,000 in taxable Social Security. Now they're at $155,000 in taxable income.

But here's what nobody tells you — it gets worse every single year.

By 80, that same couple is being forced to withdraw $160,000+. Add Social Security and they're at $205,000 in taxable income.

Higher tax brackets. Bigger Medicare surcharges. And the account keeps growing faster than they can spend it, which means even bigger forced withdrawals ahead.

The tax bill at 80 is double what it was at 73.
And there's nothing they can do about it now.

The opportunity was 40 years ago when they were my daughter's age or even when they retired at 60 with strategic Roth conversions.

My daughter is paying an effective tax rate of maybe 1- 2% right now.

Many of her friends who land corporate jobs next year will immediately start maxing traditional 401(k)s because "that's what you're supposed to do."

Nobody will tell them about Roth. Nobody will show them the math.

Because most advisors don't get paid to give that advice.

But in 2065, those friends will be paying 32-37% to access their money.

My daughter will pay zero.

That's a 35% permanent tax discount.
Right now, she doesn't care. She's worried about volleyball and keeping As.

She thinks her paychecks from working for me are just spending money.

But in 40 years, when her many of her friends are doing tax gymnastics trying to manage brutal RMDs...
She'll have complete freedom.

[Crossing Broad @CrossingBroad]

Hang it in the Art Museum

[Bo Nickal @NoBickal]

There’s only one dynasty allowed in sports and that’s @pennstateWREST

Go Birds! 🦅

[The Wrestling Room (Pat Mineo) @MrPatMineo]

Iowa fans in the Hawkeye Report are accusing Kasak of steroids lmao hilarious! Because the true sophomore son’ed the 7th year guy? Lol 💪🏽

[Funky 🇺🇸🇺🇸🇺🇸 @Benaskren]

Gabe Arnold not showing up to battle Carter for the 2nd year in a row is embarrassing. If you are gonna trash talk someone then at least make the walk when it’s time.

[Sad Country Music @RealCntryOutlaw]

Old Riley Green fucks and I will die on that hill.

[Brandon Walker College Football Show @BFWshow]

The entire Cal Football team just reacted to this video

[Danny Vietti @DannyVietti]

Take 60 seconds to listen to Freddie Freeman explain why tonight was not his moment, rather, it was his father’s moment.

[Franco Russo @_francorusso]

Wow, after having his leg destroyed (again) you can see him saying “back to work”, that’s just incredible strength and resilience from #Godwin

[Barstool Philly @BarstoolPhilly]

FIRE US UP, JOHN KRUK

[Barstool Philly @BarstoolPhilly]

"Are the Phils... back?"

[Bad Hombre @Badhombre]

You’re such a lying piece of worthless shit.

[Philadelphia Phillies @Phillies]

8 homers in his last 12 games. Trea Turner you are RIDICULOUS

#RingTheBell

[Charles Wesley Godwin @CharlesWesleyG]

Settin’ the tone for one hell of a show. Thank y’all for coming early to hear us and thank you to @buckeye_fest for having us!

Columbus, OH | 6/22/24 | 📸 Cody Alushin

[Buckeye Country Superfest @buckeye_fest]

The kind of weekend that spins us off our pretty little country feet. Same time next year? See you June 21, 2025 ❤️

[Whiskey Riff @WhiskeyRiff]

A Billy Strings “Revival”

@zachlanebryan @BillyStrings

[Barstool Philly @BarstoolPhilly]

WE RIDE WITH PHILLY ROB

[J.R. Carroll @JRVCarroll]

God bless Zach Top holy hell that album is insanely good

[Donald Trump Jr. @DonaldJTrumpJr]

Ok this is amazing.

[Amanda Goetz @AmandaMGoetz]

Yesterday a video went viral on TikTok when a woman shared the inside of her car after it caught on fire

Including her Stanley cup - still in tact and with ice in it!!!

The president of Stanley stitched the video in < 24 hours offering to replace her cup…..and her car.

This company will now get likely 1B earned media impressions and positive brand awareness + knowledge of the quality of their product through this one quick response and 30 second video.

1. Listen to your social team
2. Moved fast
3. Care about your audience

Great marketing move, Stanley!!!