Hey all! Curious your thoughts. All else equal, roughly how much does the average couple spend in retirement per year? Trying to figure out how much cash we’d need saved assuming we retire at 60. Thanks!!

Having trouble opening a new bank acc (eg Marcus by GS, Ally) as I‘ve only been in US for a few months and have no credit history. Any international fish have tips to circumvent?

I am joining JPM as a VP. Which brokerage accounts are permitted at JP for personal trading?

What is a reasonable rent increase %

Guys, what platform do you use to trade US stock?

Any PAs that have another stream of income outside of their PA job? Like business/entrepreneurship or IT?

Thoughts on JETS ETF? Long term hold or sell? I bought in at ~$14 last year

When selling a home have been able to negotiate lower commission with your broker if the buyer is not represented by a realtor (eg, 3% in this situation versus still paying the full 6%)?

What's involved in a pension audit? Why am I being brought on as an extra team member just to do that for a month? Seen the same scenario multiple times now.

Brand new to investing! Husband and I are 37, don’t have any investments other than the home we currently own. Sitting on atleast 100g worth of cash....

Are you a “Prodigious Accumulator of Wealth”?

N = 10% x (Your Age) x (Your Salary)

If your net worth is 0.5N or less then you are an under accumulator; around 1.0N then you average; 2.0N or greater then you are prodigious.

This is the millionaire next door formula.

At what income level should one be comfortable to spend 2400/mo on rent in HCOL? Assuming single, no kids, no debt or major expenses.

My firm doesn’t match my 401k — still worth opting in?

I’m prepping someone’s tax return who I see everyday on tv. It’s kind of cool being privy to a celebrity’s confidential financial information. 😁 I’ve also prepped a famous athlete and actor last week.

Final day at current company tomorrow and I have 100k+ AMEX points I need to use before they disappear forever. How should I redeem them to get the most bang for my buck?

Hi- in conversation to make a move, but curious what the total package looks like for an experienced associate? (PTO days, 401K and pension?) Also, is there a paternity leave program? Thanks!

I’m seeing lots of posts about really bad losses. If you trade you’re going to lose money - hopefully not all the time, but many positions will be mistakes. But you need a process to find ideas and manage positions. Two books you should read are “The New Trading for a Livinng” and “The Laws of Trading.” Both look at psychology, process, and risk in different ways that can help you work out your own process. The next 18 months will be much harder than the last 18 - time to start learning.

Has anyone quit their job and started doing day trading/swing trading full time? I’ve always invested in stocks (no options trading), but considered those investments long term investments after doing my due diligence of the companies. Lately, I’ve been more active and have made some decent unrealized gains (33% in a month) or so (smaller scale around $20k). If so, how much money did you start with? What are your strategies?

Can someone explain if I should use regular 401k or Roth 401k? My 2 FA’s gave different answers and I don’t understand which to use. I have already done the back door Roth IRA max

Has anyone noticed how attractive realtors are or is it just me? Recent studies show the more attractive the real estate agents, the higher the listing price of the home.

How do real estate lenders take cash flow into consideration? For example, typically I would probably only be approved for a $500k loan ($125k comp and $100k for down payment), but if I’m buying a multi-family home and planning to live in a unit and rent the others, will lenders approve a bigger loan?

Heard Big 10 going to start playing footy in October

What are some of your best virtual tools for students to easily write with math symbols that are free? I've been using a free extended trial of Kami for easy worksheets but I'm afraid my district won't pay for the full version down the road.

I’ve seen a very large range of income for general dentists. What is your income or expected/average income for dentists working 35hrs a week as contractor or associate in the city/ suburbs?

Can some of you experienced folk recommend some good books for rookies? What are your favorites for investment strategies, marketing, selling, etc.?

Hi all
I have a kind favor to ask of you, my dad who has 25+ years experience in finance is looking for better opportunities in UAE , requesting your help to kindly assist if you or anyone in your circle are aware of any opportunity. If there is anything please let me know and I will DM you .
Appreciate your help and su

Hello fishes, will be really insightful to understand cost of living in Doha for a single person. Rent + food and other expenses manageable at 8-10k QAR/ month?

I was just told to limit my time against pitching and planning a job to 3-hrs. Which is bonkers. They want timing, budgets and watch outs. Has anyone else experienced this and have advice on how to approach with the account lead?

Hi fishies! Considering an internal big 4 move from Western Europe to Dubai. Not sure about WLB and whether there’ll be enough growth and learning opportunities after reading some of the threads here. Anyone up for sharing their experience? Especially concerned about sexism / racism as a WOC…and whether moving back to Europe in a few years will be difficult because the ME experience won’t be considered valuable.

I’m recently finished my PhD and the transition to full time work has been overwhelming. How was the transition for you?

Any PR professionals here up for a quick chat?

How do you all feel about the new entity LTIMindtree. What are your fears or what are things that you all excited about?

Do you negotiate before or after the offer letter?

Amex relocation bonus kitna aur kab dega?

Anyone part of F45 or close side red franchise opportunity with them ?

Can my current lender refuse to accept the payment from refinance lender because they want to make more money from me? How do I sue them ?

Any great personal finance/investment books to read? Or even YouTubers/Podcasters

Really looking into expanding my investment horizons — particularly about learning about how to allocate my investment portfolio. Also, always nice to learn about better ways to save and cutback.

Any good ETFs to invest Roth into?

HYSA anyone recommends?

Brand new to investing! Husband and I are 37, don’t have any investments other than the home we currently own. Sitting on atleast 100g worth of cash....

Are you a “Prodigious Accumulator of Wealth”?

N = 10% x (Your Age) x (Your Salary)

If your net worth is 0.5N or less then you are an under accumulator; around 1.0N then you average; 2.0N or greater then you are prodigious.

This is the millionaire next door formula.

Anyone feel a 6 month safety net isn’t adequate enough for the recession we’re going through? I just fully funded my 6 month goal and need to figure out how much I contribute to 401k

I have 4k that won’t need soon and thinking about were to spend it on.
A. Student loans at 5%
B. Invest in stock market

Can someone explain the benefit of whole life or similar products? I understand that they are bad for 99.9% of people. How does the 0.1% benefit? Taxes? Asset protection?

I'm struggling to understand why anyone would use these at all. Significantly caps your upside. If you are uber wealthy, why wouldn't you continue investing in the market? Why pay the crazy fees for these products that are essentially just 90% treasury bonds and 10% levered ETFs and covered calls?

My wife reads nearly an entire book per day just in her spare time after work, no exaggeration. I’m amazed by her and wondering what ideas are out there to monetize her skill? Book editing maybe?

I don’t get it: Why would anyone invest, for example, in a 6% dividend yield etf with a 0.50% ER (ie EMHY) instead of a 9% dividend yield etf with a 2.5 ER (ie YYY)? Wouldn’t you still be getting better results with the expensive one?

Tax loss harvesting question- I have a few underperforming investments (stocks and ETFs) that I’m looking to offload at a loss. If I sell them I would be incurring a loss of around 3-5k. Contd.

Anyone else long on AMT?

Anyone have a good online calculator or way to adjust their W-4 towards the end of the year so they don’t get slammed with a high tax bill? I know I’m too late for 2020, but curious for next year...I got slapped with a 6-figure tax bill last year. 😑 My wife and I made adjustments to our 2020 W-4s, but afraid it wasn’t enough.

Such a Boring session today! 30 mins left. Any drama big movers?

Who’s buying the dip today?!

If I have two 401ks (current job and previous job), does the 19k limit apply to both of them together or 19k each?

If I were to rollover a pension lump sum into one of those 401ks, is counted towards the $19k limit? Or is rollover classified differently and I could still continue to contribute to my current 401k?

What finance podcast/show/guru do you prefer? Do you have go to finance books you recommend?