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Hi fishes,
I have just now applied in Grant Thorntonn for the role of Analyst - Fin Ops - US Operations- NB.
I am a 2020 B. Com (Tax and Finance) Graduate with 8.77 CGPA. Also passed ACCA Financial Management and Taxation UK Skills level exams.
Can someone refer me for the same?
Grant Thornton
Roth vs Traditional 401k, thoughts?
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I would recommend against retiring while your wife is working. That can cause a lot of strain in a marriage. Just retire together. :)
What are your total annual expenditures? Are you including everything (healthcare, taxes, home maintenance, infrequent expenditures)?
Have you considered selling the rentals to augment your portfolio? It would probably allow about the same withdrawals with reduced risk.
How much are you saving every year? How long would it take you to add some extra safety? How do you feel about your job?
YMMV. I work full time, my husband retired two years ago. We both love the arrangement. I’m not ready to be done working; he was. I still like my job; he didn’t. Now I can delegate errands and tasks to him, freeing up more of my evenings and weekends for fun stuff. His retirement was a quality of life improvement for both of us.
Why are you asking a group of randos online instead of consulting with a financial planning expert?
or maybe he is trying to show off 😂
I did with a lot less. The happiness is beneficial
You did it right and invested what you could. Where our education system fails in teaching compound intrest. If you like the people and don't mind working that's a rare combination. I'd work until you no longer want to work. When you move your investments into a defensive position. A few extra years of investing in a S&P 500 index fund. Will make for a nice emergency fund. Other than that you seem to have bases covered. Congratulations!
Have you considered just working until they fire you or lay you off? No shame in just sticking around until they put you to pasture. That way you know you at least maximized your tenure and you‘ll get a severance and unemployment.
Does your company offer any benefits if you retire over a certain age? Mine offers health insurance at employee rates to people who work a certain number of years and retire at 50 or later. Thus my target has been 50.
Subject Expert
My employer, the same, at age 55. A lot of people retire at age 55, or "retire" and go work somewhere else.
Just want to say congratulations and good for you! That's awesome
All the money in the world will not help you if you retire now. There are about a dozen scenarios that could take place. None of which will benefit either of you. Unless you have an outlined plan of all the things you are going to do everyday while your wife is at work. Your day has to be full and leave nothing for her to do when she gets home. If you start dropping the ball on any of it she might have someone investigate why. You think she wouldn't but she's already bitter about having to go to work while your doing nothing. Best advice, keep working until your youngest is finished high school. Then you both can decide what to do.
Apparently you're not the only one that missed that the rental homes bring in over $6k a month.. THATS income... YOU dont sell that
I’m just very curious..what do you both do For work?
I am in Big4 for past 10 yrs and in smaller consulting 15 yrs prior. Wife was in consulting and in industry for past 10+ yrs
Very nice salary
Why brag about it!!
I'd be honest with myself about my anticipated spending before I'd make the decision. The math isn't mathing at $10k/month
If you want to retire in a $4.5 million home, pay it off first.
Subject Expert
I believe the OP's net worth is $4.5 million and their home is $1 million and paid off.
What a "problem" to have...
Good evening this is Frederick Robinson I'm curious what is NW Investments you was pertaining to?
I agree to not rushing into retirement especially when you know and believe that you have many more years left for productive work
I would recommend you make sure to have a plan for what you are going to do with your life after you retire. You could easily have 40 years left. Figure out what your purpose is so that you don't just drift around waiting for the time to pass.
I just want to say good for you guys! Sounds like you have a solid stream of passive income and built up assets/savings, retire when you feel you don't want to work anymore.
It comes down to what you value. Time or money.
I have a passive income of about $85k a year. Once I pay my primary house off I am going to retire retire. ao I will be retired by 50 and spend my free time anyway I want.
But if you want to accumulate more money to be able to do more down the line than do what you want to do in order to obtain what you ultimately value more.
Awesome! 85k/yr is through a business?
Kinda sounds like zeroeth world problems.
College paid for, house paid for. 2.25 cash/invest. TWO paid for properties making 6k a month and your wife still makes 300k? I dont understand the question. btw reddit is better for this.
Wow may i ask what your careers are hahaha i feel useless after reading your post 😂😂