Currently 25 years old.
Goals:
* Own a home in a HCOL
* 2 kids (eventually)
* Retire at 50 on $125k/year.

Envelope math:
* $125k/year would require an investment portfolio of ~$3M.
* Targeting a $2M home (split with partner)
* 2 kids - $1M to raise both (including college fund, split with partner)
* $500K buffer for unexpected expenses
* 33% tax

Therefore, 6.5-7M retirement savings needed. To hit this (assuming 6% return after inflation), I’d need to save ~$110k/year.

How does this sound?

How to transfer PF fund from hcl to epfo if i was a non pension member???

Are US markets or Emerging markets the smart move for 2021? We have the fed but they don’t have the burden of future debt 🌎

Best everyday bank account and credit card in Australia for an expat couple?

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I have Moderna calls that expire on October 15 with a strike price of $300. Should I sell before S&P 500 inclusion and buy back in?

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Need some advice on renting here in ATX.

Back in May 2021, I rented a property that had sustained damage during the big snow storm. This wasn't disclosed at lease signing. The home leaked every time it rained, mold was found in the home & the LL failed to make repairs that resulted in me falling down a flight of stairs. I moved out& rented an apt for 2 mos before signing a lease on the house I live in now. This house has a serious big problem& I've found mold here too. Continued below

“I’m excited to announce I don’t give a s*** about your new job or promotion” - me 90% of the time on LinkedIn

Pros and cons of purchasing a house that had foundation issues but was repaired and have a lifetime foundation warranty now ?

Hi All, how much should I expect to pay for someone to do my taxes for me? (Ball park)
- fbar
- state
- Federal

Also I moved out from MA in February so not sure if I'd also still need to file in MA?

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Hi i lost majority of my money in the stock market. I married and promised my family that I will not make the mistake I made 7 years ago. Gambling. Is this an addiction I have. I keep selling stocks and taking loses buying other stock hoping it will recover but never did and sell again taking loses and buy again. It now sink in to me. I borrow personal loan hoping that the market will do k and I pay it back but I even lost that. I can't stop crying that I hurt the one I love the most my family.

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Hello guys, Can anyone refers me for the role of manual testing or automation testing? I am an experienced candidate.

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How do you guys feel about boot camp?

Day 9 - 40 push ups challenge ✅ ( 30 regular, 10 diamond 😤 and 10 extra inverse).

I've noticed that my coworkers tend to work more on their own than with others, even when they're all in the office. Is this normal? I feel like it would be helpful for everyone to talk about their projects more often—I mean, what if someone else has solved the same problem you're trying to solve already?

Single 🐟 joining business school in the fall... is dating within your class/cohort considered bad practice?

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Anyone looking for full time work in the Kansas City, KS area? I'm a Recruiter at Spectrum and we have a new location here with great opportunities for those just starting their call center career and those who may be looking for a company with advancement opportunities. Let me know and I can share the job posting link. Thanks!

fellow monkeys - how do you stay up during shitty team meetings where all you can think about is GTFOing?

How often do you go out for lunch vs. eat at your desk?

My wireless headphones broke, accidentally stepped on them. Looking for new ones. Any suggestions??

My status at Accenture portal is Offer accepted.
When it will change to 'Hired' ?

I racked up about $20k in credit card debt due to a confluence of things happening at once (move, school expenses , etc ). I have a fair amount of paper assets but not a much free cash. Assets are down a decent amount with the current market cycle and I’d prefer not to sell them to cover the debt , although they easily could. Any suggestions how to handle the credit card debt without racking up tons of ongoing card interest?

Recommendations for a good auto lender in NJ area? Looking to buy/lease a car

What does 401k mean?

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Invest in roth 401k or traditional 401k and save the difference for a house downpayment?

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Thoughts on personal loans to consolidate Debt?

How to choose which financial advisor to work with.
I have no financial experience and an advisor reached out from equitable.

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I NEED HELP WITH CREDIT SCORE issues: Two months ago my credit score went down by 30 to 40 points due to dad missing credit card payment by a day (i got added to as authorized user on his credit card for me to build credit but now I’m filled with regret). I was devastated by it. This past month I have been making more payments and paid off my aug statement in full thinking it will boost my credit score. But I don’t know why it went down another 10 points. More below:

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Hey folks - I have an inquiry on my credit for a gym membership I “failed to cancel”. I had previously left this gym as it closed during pandemic, and shifted to a new location. In doing so, I informed the gym I would be leaving. However, I recently checked my credit and saw that my membership had not been cancelled and had been sent to collections (prompting an inquiry and dropping my score).

Has anyone experienced this, and is aware of next steps to take here?

accountant said he needs my IRS pin to e-file. Can anyone confirm this is legit?

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What are some personal finance actions that, if needed, must be done by end of year? Let's try to make a checklist!

Tax loss harvesting

Retirement accounts for 2022: can contribute or withdraw over-contributions until April 18, 2023 IIRC

HSA: same as retirement accounts

...?

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