Do you all consider investment growth as a factor in your Savings Rate? Or, just the dollar amount saved/transferred?

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Only $ saved after tax counts towards my save rate, all $ including investment gains counts towards my net worth growth rate

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I track "% of after tax saved" for all monies going into a passive investment .

I try to keep the absolute costs in my budget the same, if not a little less, YoY. They only years I didn't succeed were the two years I had kids.

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ATK1/2: How do pre-tax savings factor in (401(k), HSA, etc.)?

I count 401k at .7 of account value to replicate my current tax rate. HSA I count at full value because I’ve just been lazy with it

Related Posts

Hi fishes

I am planning to start investing in a smallcase. I am considering paid managers. Any suggestions on manger and smallcase will be really helpful

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If you don’t spend a ton of money, high fee cards like CSR aren’t worth it, right? Just wanted to make sure.

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May not be the right channel but would like to see if there is a bowl for buying and selling houses. Looking to buy in the Houston area and would like to find a real estate agent - any recs?

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Employer 401k states no voluntary after tax contributions allowed. I have made zero 401k and/or Roth contributions in 2019, have 2 more paychecks left before 04/15. How do I maximize contribution?

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Has anyone done the Portugal Golden Visa successfully? Are there investment options with decent ROI? A lot of the info on websites seems kind of scammy 🇵🇹

Hey everyone.
I’m looking to get a business credit card with (Cash back). I’ve googled a few, and read reviews. But I’d also like to hear back from some people on their experience. Who do you use and prefer?
Thanks In advance.
TP

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Do desi consultants opt for 401K? Upside/downside?

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How does everyone else here determine their 401K mix? Do you use the funds that are for your retirement year or something like index funds? I have a mix of index funds international, small cap and retirement year and so far I have 25% return. Is that good with the current market or I would have had more if I had a different mix? Open to hear your thoughts.

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Question for consumer credit rating experts. I had a perfect credit score across 3 bureaus. Last month I paid off my car note 4 years early and my credit score went down 1 point....

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Which brokerage account you guys are using? any recommendations plz?

Hi I am pretty new here but I like the idea and looking for some advice. I am in a good position I make 120k, I am 26 and got an apartment from my parents so I save around 4k a month and can still enjoy my life and travel. Currently I put most of my money in ETF‘s and a little bit in crypto. What would you do in my situation and what advices can you give me?

likefunny

Hi guys. Quite tensed regarding the tax that I would need to pay for my salary. So I have posted my offered compensation by IBM .
So my taxable income is: 16,50,000(Income) - Standard Deduction(50,000) - 80C Deductions(1,50,000) - Interest on Edu Loan(48,500) - Professional tax(2400)
= 13,99,100.
So anyone who is familiar with this tax deduction, can u plz tell me how much tax I would need to pay per month?
Any valuable input would be of immense help.

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What’s what’s your age and how much in savings do you have? Are you investing your savings in stocks or index funds?

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Fellow Bytedancers, will you be keeping your cash bonus or convert to RSU?

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Buy NAV while it’s dipping. It’s a diamond in the rough I’m telling you. Most undervalued coin in the market. Research it!

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Does anyone know how to convert common stock to preferred stock? When we incorporated, our articles or incorporation just authorized common stock, but our investor is entitled to preferred stock. The investment was small (~$10k) so hoping to handle it myself to avoid paying more legal fees, so any advice is appreciated.

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Hi folks, got a doubt. Is LTA reimbursement credited as part of the salary every month or can it only be claimed if we show travel proof?

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In my offer letter they mentioned PF contribution amount and when I checked my FBP there is also mentioned of National Pension Scheme. Are they both different? Do both of them under 80 C?

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Does anyone have tips for growing wealth? I am 26 years old and have always just stuck to the S&P500 and looking to diversify!

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Relocating to work in NYC, and looking for a place to live with an excellent school system. Willing to commute up to 2hrs. Any recommendations (cities, counties, zip codes, etc.) will be much appreciated.

Are full guaranteed year end bonuses pretty standard in big law lateraling around this time of year?

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Any idea about the range on annual salary for a 1, 5 year as Digital Product Manager and 10 years working with digital marketing management, 36 y/o?

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Bridal shoes - where did everyone get theirs? I don’t want anything fancy, but that seems to be the norm. I struggle justifying $300+ for a lace shoe I’ll wear once and no one will see.

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It’s time to recognize the agencies who have — and have not — made any sort of pledge or progress in support of BLM.

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For those who've filled out an OF-306: Is a citation for failing to update the address on my driver's license a "traffic fine" that can be omitted? If not, is it the type of conviction that could jeopardize a background check?

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Do P & C account managers on the agency/ broker side get bonuses? If so, what %??

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Favorite NYC based Creative Director’s?

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How are folks at Uber and Lyft feeling about Waymo piloting taxis in SF?

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Are there a lot of people in here that have gone to a boutique M&A firm? What’s the benefit? Why stay at a PA firm? Also, why is it so awesome to work at A&M?

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Are we underrating the possibility that nyc is under a legitimate nuclear threat for the next few months? It’s not unlikely that the Russian economy completely collapses due to US sanctions. Putin is unstable, put his nuclear forces on high alert, and has unilateral control over these bombs. Media fearmongering or rational concern?

likefunny

what would be the package that will be offered to 5 year experienced Devops engineer in Jio AI COE, last drawn package is 16.1 - 18

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Hello,
OD/OCM practitioner here currently with USI, looking to connect with leads from Deloitte Canada. Have about 6YOE, DE implementations/tech adoptions. Niche would be Finance and payroll processes (strong exp. in Finance transformation projects). Also, an AWS cloud practitioner and can take up cloud transformations projects. Versed with SAP SF, SAP S/4HANA, Fiori (niche), Oracle JDE and Google cloud (few modules). Anyone willing to connect/provide referral, tryna understand the process.

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Is it common / expected for a bride to be to give the groom a wedding gift? If so, what do they usually get?

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Need for travel has been one reason why some of our jobs could not be outsourced to remote delivery & low cost off-shoring. If travel is fully or >50% eliminated, it can be a real threat to management consulting as we know it. So there needs to be an “optimal ratio” of travel to client locations, home office, and WFH, to protect our consulting models. Since we need some face time with clients, and some interaction with colleagues, the optimal balance should be possible. Share your thoughts.

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Looking to join as a Senior Team Lead/Team Lead at Uber. Any leads would be greatly appreciated.uber

Additional Posts in FIRE Financial Independence Retire Early

What is the best gas station credit card for fuel?

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Thoughts on using M1 Finance to invest money? Has anyone used it and have pros and cons for it?

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Does anyone here use dividend income to live off or fund parts of lifestyle? I’d like to get started now and hopefully have nice cash flow in some years

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In what condition would you consider retire?

A. My investment/401K/IRAs reach $3M (or 5M or a number);
B. My investment can generate income (dividends/interest) that equals to 75% (or some %) of my current salary;
C. My mortgage paid off or/and kids college paid off;
D. When I reach 62.5 yr old (or certain age);
E. Some other consideration (please specify)

One of the above, or some combinations of above - please specify.

F. None of the above - I'll keep working until I kick the bucket :-)

likehelpful

Owning $1.2 million worth of good REITs yields $4000/mo in dividends which can be put towards renting a nice NYC apartment. Is that better than owning a $1.2 million NYC condo/co-op where you have to pay maintenance and property taxes?

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Currently looking to refinance my first home (4.125) and considering a few options. What do you recommend?

Background: 36, single and hoping to meet someone, would move from townhome at that point. Would like to save on interest & reduce costs in the time being. No other expenses but car is 10 years old and would prob need a new one within 5 years.

Loan amt: $220k
Current Principle + Interest 4.125% : $1104

Refinance options:
7/6 arm 2.25%: $848
30 yr 2.87%: $920

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Hi I am pretty new here but I like the idea and looking for some advice. I am in a good position I make 120k, I am 26 and got an apartment from my parents so I save around 4k a month and can still enjoy my life and travel. Currently I put most of my money in ETF‘s and a little bit in crypto. What would you do in my situation and what advices can you give me?

likefunny

Curious, how many different brokerage/savings/retirement accounts do you have? Do you prefer to open different accounts for different goals, or consolidate funds into as few accounts as possible?

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Our mortgage/taxes/insurance/utilities is 22% of our net (401K, taxes, insurance, ESPP). As I consider our next move, wondering if we should stay this same course, anticipating income increases or buy a lil more house. For those that are close to FIRE or that have reached FIRE, what's your comfortable percentage?

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I (US-based) am trying to buy an apartment in a different country in which I do not have a Credit history / score. Any ideas / recs on what loans to take? I don't think a mortgage will be possible there due to my lack of history. I am considering doing a home equity loan on my current home in US. Is this the best option?

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For those who use YNAB, how do you manage keeping money in some of the long-term categories vs. investing in the market? For example, I don't need a new car now but I probably will in the next 5 years. YNAB tools would suggest I save up for this using money in savings, but I feel that money would be best invested. Same thing applies to home improvement projects, vacations, etc.

Can someone explain how Roth conversion ladder works/how those who retire early pull 401k/IRA funds pre retirement?

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Trying to decide if I should pay cash for primary residence or get a mortgage. Considering current interest rate 5%+, what would you suggest?

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What’s everyone FIRE number?

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side gig ideas during the pandemic?

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I am looking for a good business opportunity, marketing a useful product on commission or consignment basis. I am the owner of a new US-based company, and I am great with digital marketing. No digital products please.

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Should I have multiple Roth IRAs? I have one Roth IRA that I rolled in my previous employers roth 401k and using it to do backdoor Roth IRA. Does it make a difference to have everything in account?

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New to FIRE - When you are evaluating your FI value, do you calc expected inflation and then include an estimated increase in insurance expense? Is there an easy trick to do this?

Ex. I’m 25 now and spend ~ $36,000k a year. and want to FIRE by age 50. Obviously a lot can change since I’m 25, but if I wanted to calc FI value at my same standard of living now and account for inflation and the insane cost of private health insurance for 10 years how would I do it?

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