He’s back! Today we’re joined by a friend of the BiggerPockets podcast network, Brandon “The Mad Fientist”. Brandon walks us through advanced retirement account strategies you may have heard of, such as the Backdoor Roth, Roth Conversion Ladder, and the coveted Mega Backdoor Roth. While these strategies may sound intense at first, they’re quite simple in practice, as Brandon shows us!Many FI (financial independence) followers constantly ask the question “What’s the best retirement account to contribute to that will help me optimize my early retirement?”. While this can be answered a handful of ways, it often overlooks something very important: regular retirement. While chasing FI, it’s still possible to grow your traditional retirement accounts so you’re even wealthier later on in life!Brandon doesn’t just give various examples of each strategy, he’s tested them and has even ran experiments on his site, such as the Guinea Pig Experiment, which pits various early retirement strategies against each other.We also tackle common questions like: what should I contribute to if I have a low/high income, should I opt for a lower deductible on my healthcare plan to optimize my HSA (health savings account), how HSAs and FSAs differ, and what the contribution limits are for retirement accounts.Even if you’re not chasing FI, you’ll still be able to take advantage of Brandon’s advice. After all, he’s the Mad Fientist!In This Episode We CoverWhat a Backdoor Roth and Mega Backdoor Roth areWhy retirement accounts are crucial when trying to retire earlyHow low income earners can take advantage of 401(k)s and IRAsWhy an HSA is a great option for high-deductible coverageThe best times to contribute to your retirement accountsThe art of “frontloading” and using it to capitalize on market gainsAnd So Much More!Links from the ShowBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingBiggerPockets Money Podcast 18 with Mad FientistHow to Access Retirement Funds Early - Mad FientistXY Planning NetworkFront-Loading - Mad FientistHSA - The Ultimate Retirement Account - Mad FientistExpirements - Mad FientistBiggerPockets Money Podcast 120 with Michael KitcesBiggerPockets Money Podcast 119 Check the full show notes here: https://www.biggerpockets.com/moneyshow161See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.