Practical Prosperity: Opening Accounts, Reducing Tax and Getting Started - RFS'24 W8

Don't let the tax man take more than his fair share. Your biggest expense isn't housing, transport or food, it's tax! Discover how to reduce tax through tax efficient accounts, planning and investing in low cost index funds. A comprehensive guide to how to start investing your hard earned cash.

Pain Point: Anxious about retirement? Learn practical steps to secure your financial future and enjoy the freedom of retirement.

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Should I invest in the FTSE Global All Cap or the FTSE Developed World Excl UK

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[nikiclaypool]

Thanks for putting so much time into this!

[nikiclaypool]

Here in the USA we have: pensions (not as common now), 401k/403b through work, traditional IRA, Roth IRA and taxable. Same thinking though: when can you get it-how is it taxed? Brad at choose Fi covers this extensively.

[nikiclaypool]

With Roth Iras in America the age is 59.5 but you can ALWAYS get out your contributions although I wouldn't... taking ng the soldiers out of the game.

[cheekiemonkie]

Are there any tax advantaged accounts in NZ?

[ZanaWilderAuthor]

Quick Q - if it is better to be with Halifax when you have higher amounts of investment, can you CHANGE platform once you hit this eg from vanguard to Halifax. Nowhere near there yet, just useful to know!