Latest / The Financial Freedom Podcast with Fexingo: Quitting Your Job, Living Off Investments, Independence
The Hidden Tax That Eats Your Early Retirement
Episode 10 of The Financial Freedom Podcast with Fexingo explores a stealthy threat to early retirement: the net investment income tax, or NIIT. Lucas and Luna unpack how this 3.8 percent surtax applies to passive income like capital gains, dividends, and rental income for single filers earning over $200,000 or couples over $250,000. They walk through a real example: a couple with $1.5 million in taxable brokerage assets who plan to withdraw $60,000 a year. At first glance, their withdrawals seem tax-free in the 0 percent capital gains bracket. But when you add in a part-time consulting gig…
The skinny
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