#taxable-brokerage

#taxable-brokerage

A $1.5 million taxable brokerage can fund early retirement until retirement accounts become accessible, and starting full-time sooner matters more than waiting for FIRE timing.

Direct indexing replaces an S&P 500 ETF with constituent-level holdings to harvest taxable losses while maintaining index exposure.

Match investments to account tax rules by placing bonds in tax-deferred 401(k)s, broad equities in taxable brokerages, and growth assets in Roth IRAs to reduce avoidable taxes.