The stimulus plan and you. Another example of why it’s better to be lucky than good. Inflation is good for borrowers.
American Rescue Plan 2021: Tax credit & stimulus check rules (Kitces.com)
Not the easiest of reads but a comprehensive summary of stimulus plan benefits for individuals and families. If you’re just over or under the $75K/$150K (single/joint) AGI limits or have children, a little extra planning could mean thousands off your 2020 and 2021 tax bills.
How lucky was your birth year (The big picture)
“If you had invested from 1960-1980 and beaten the market by 5% each year, you would have made less money than if you had invested from 1980-2000 and underperformed the market by 5% a year. When you were born > almost everything else.”
Why housing is a good hedge against inflation (A wealth of common sense)
Some inflation can be a good thing. It allows the government to borrow money today and pay it back in 30 years with money that’s worth less. Fortunately, for the 2/3 of us who are homeowners, we can do the same thing.