Donovan Miller, CFP®

LPL Financial Planner with a focus on advice-driven planning for RE professionals. Securities offered through LPL Financial, Member SIPC

[Donovan Miller, CFP® @donovanfinance]

@awealthofcs You know Bitcoin is down when it doesn't even make the list

[Donovan Miller, CFP® @donovanfinance]

$179/gallon

$62k median salary
260 days in office
32 mile round trip commute
24 mpg

[Financial Physics @FinancialPhys]

At what price per gallon is it no longer profitable to go to work?

[Donovan Miller, CFP® @donovanfinance]

Mortgage rates just hit their lowest level in nearly three years (via @mortgagenewsmnd)

[Donovan Miller, CFP® @donovanfinance]

2026 retirement plan contribution limits:

[Donovan Miller, CFP® @donovanfinance]

@unusual_whales There's already a $250k (single), $500k (MFJ) primary residence capital gain exclusion

[Donovan Miller, CFP® @donovanfinance]

The combined limit for both of these methods is $69,000 per year.

Plan establishment can be done via e-sign in under an hour. Let me know if you'd like to get started, you can directly book a meeting here:
https://t.co/DBKfbFzAwJ

[Donovan Miller, CFP® @donovanfinance]

If you're an S-corp (or LLC taxed as S-corp) with no employees, you have 28 days to get up to a $69,000 tax deduction by funding a Solo 401(k).

A Solo 401(k) allows for:

(1/2)

[Donovan Miller, CFP® @donovanfinance]

1. $23,000 in employee contributions (up to 100% of your W-2). This can be a Roth (tax-free growth) or Traditional (tax-deductible) contribution.

2. An employer contribution of up to 25% of W-2 compensation, up to a total of $69,000. This is typically a Traditional contribution.

[Donovan Miller, CFP® @donovanfinance]

https://t.co/DBKfbFA8mh

[Donovan Miller, CFP® @donovanfinance]

Small/solo business owners sitting on cash - it's not too late to use it to open up a retirement plan and save on taxes.

The deadline to open some of these plans is 12/31. If you'd like to discuss options in a free introductory meeting, book a call using the link in comments ⬇️

[Donovan Miller, CFP® @donovanfinance]

2025 Tax Brackets were released today.

If current tax law stands, the 2017 TCJA will expire in 2026, making 2025 the last year of lower tax rates.

This means we're preparing to help our clients with Roth conversions, acceleration of income & delaying certain itemized deductions

[Donovan Miller, CFP® @donovanfinance]

@AlanJLSmith We can bill hourly. Tax-loss/tax-gain harvesting, asset allocation based on acct type, Roth vs. Traditional, misc tax strategies, etc. $300/hr. Can keep it short & efficient.

[Donovan Miller, CFP® @donovanfinance]

@Derek2137 @AlanJLSmith We can bill hourly. Tax-loss/tax-gain harvesting, asset allocation based on acct type, Roth vs. Traditional, misc tax strategies, etc. $300/hr. Can keep it short & efficient.

[Donovan Miller, CFP® @donovanfinance]

@money_cruncher One could argue this portfolio is chasing winners, although not as bad as buying individual stocks.

Large-cap growth bias, 100% U.S. bias, and strong tech bias. All after significant valuation expansion.

A global market-cap weighted indexed portfolio would be 100% $VT.

[Donovan Miller, CFP® @donovanfinance]

@DKellerCMT A small cap fund with 100 holdings and 10b AUM is scary. They own 10%+ of the stock of most of their top holdings.

[Donovan Miller, CFP® @donovanfinance]

Box below is one of the largest target date funds. Odds are, this is similar to the default option in your 401(k).

Historically, the bottom left corner (small-cap value) has outperformed the other 8. There's a good chance you only have 2% exposure to it.

[Donovan Miller, CFP® @donovanfinance]

@PelosiTracker_ QQQM and SPLG over QQQ/SPY would save him about $1,200/year. Not worth the tax hit though.

[Donovan Miller, CFP® @donovanfinance]

Best license plate on X?

[Donovan Miller, CFP® @donovanfinance]

@Blind__Luck Nothing wrong with investing at ATHs. Not to mention a ton of good deals in small-cap value and international.

[Donovan Miller, CFP® @donovanfinance]

The S&P 500 is historically concentrated, here's what that means for your investments: