F.I.R.E.
F.I.R.E. stands for this
What is Financial Independency, Retire Early
The largest source of government revenue
What is individual Income Tax
R.E.I.T.
What is Real Estate Investment Trust
Income received that requires little to no effort on your part
What is Passive Income
The IRS has up to this amount of years to audit a tax return
What is 3 years
F.O.R.E.X.
What is Foreign Exchange
The 4% rule also known at this, is the amount you can safely withdraw from your investments annually without running out of money in retirement
What is Safe Withdrawal rate
If you file a Tax Extension, your tax return is due on this date
October 15th
Y.T.M.
What is Yield to Maturity
This well-known typeof index funds are nicknamed “ETFs”
What is Exchange Traded Funds
This tax form is most commonly used form when filling taxes
What is 1040
T.S.A
What is Tax-Sheltered Annuity
This powerful F.I.R.E. strategy involves living in a relatively cheap location while earning an income from an expensive location
What is Geoarbitrage
Claim another person on your taxes as a dependent until this age
What is as long as they are a full-time student
N.A.V.
What is Net Asset Value