I want to retire at 40. Im currently 32. I dont have a good idea of what my post-retirement expenses will be. Any idea on how to begin calculating?

What’s a good baseline amount to keep in a checking account? I generally keep mine pretty low <1000 after paying CCs then dump the rest in savings. As I’m building a rainy day fund and then I will start contributing my brokerage account.

For reference <1 year experience at $4500/month (after taxes and 401k contribution)

Is it too late in our lives to jump into a mortgage?

So my fiancée and I are relatively late in terms of finally landing well paying jobs and being able to save money instead of living paycheck to paycheck. We’re both 36 and currently rent a 2 bedroom in NY and have a combined savings of $35,000 which she wants to use as a down payment on a condo. I kinda just wanna continue saving while renting. I also literally just started contributing to my 401K so I’m also late in the game for that too.

I have a client who needs a 401k, or a solo retirement account w loan options. When I was at UBS/Ameriprise, it was no issue but now it seems tougher to find a firm that does solo 401k as a RIA's.

Can anyone recommend good investment options in Bank of America HSA account? I feel their funds are very limited compared to what I have seen from 401k and IRA. Anyone recommends your HSA account?

I’m really discouraged. My after tax / after 401k contributions etc. take home pay is $6,500 monthly. I have $60,000 in savings / stocks for a down payment but even looking at a $550,000 home, my monthly payment would be about $3,400 from the calculators I’ve been using. Is that too high?

So discouraged that houses where I live are about 50% higher than what they were 2 years ago, and now interest rates are around 5.25% for my credit score. This is like a 1750 sq foot home

Does anyone have any insight into partners retiring early? I am at a point where I need to consider leaving if I am not aiming for partner. I don’t see myself working past my 40s. My partner and I are not big spenders and anticipate have enough to retire comfortably in 40s (obviously a lot can change). I have been assured I will become SM in next year (currently 31 years old).

How much of a nest egg would you expect a couple to collectively need in order to retire at 40 and live relatively comfortable (not lavish)?

Max out 401k before contributing to taxable brokerage? Roth IRA is already maxed out.

Have 50k in a checking account at a local bank getting no returns. I like having liquid assets since I support currently myself & girlfriend and any unexpected expenses my mother & younger brother have. Any advice how to calculate what I should keep on reserve vs. invest + learn about consequences of pulling investments early (more tax, fees, etc.). I feel like the inability to access funds when my family needs it has been the reason I haven’t invested outside of 401k and have this cash reserve

Significant other and I crossed the combined $1M net worth mark this quarter! Mostly in RE and 401k so we will not be FIRE-ing but still excited to be in the 7fig club.

Sorry, need someplace to celebrate and you guys are awesome.

I feel like an idiot. For the past 3 years (26yo now) I have been electing the traditional 401k instead of Roth. I get 25% taken out pretax each paycheck. Given that I’m more likely to have a higher salary (currently 100k now) and therefore be in a higher tax bracket by the time I retire, shouldn’t I have elected Roth this entire time? 😩

How much is “market” comp for a 5th year, general civil lit, AmLaw 200 defense firm with usual benefits (health, dental, 401k match up to 6%). I’m LA based. TIA

Hi all - I'm on a £100-110k base + bonus at a tier 2 firm. This is in the region where personal allowance for tax starts eroding away..
Wondering what options I have to make this as tax efficient as possible (legally), considering a salary sacrifice pension and student loan.
Also what are you investment recommendations? Stocks and Share ISA? What are the good alternatives?

I stopped contributing to my 401K for the last three months in order to pay off credit card debt. I am 28 and have about 68K in my 401K. Was this a smart decision? I want to get out of debt as quickly as possible and I have no student loans or car debt.

Currently maxing out my 401k and HSA and investing about 1k/mo in ETFs. Also recently started buying I-bonds given inflation. What are other things I should be thinking about?

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

I’m 36 and I recently reached a net worth of 1 million dollars. I thought I was doing good but then I see other people with several millions and can’t help but wonder how they got there.
I feel I’m doing everything I’m supposed to (I save, I invest, I max out my 401k, IRA, etc...).

What can I do to upgrade my game and reach those higher numbers?

How do you find firms/books of business to buy? All the posts on here are buyers looking for sellers. Where do you go to find someone looking to sell or retire?

Just wondering what the avg of a pension actuarial consultant is like

Not sober currently. But think about it.
What happened to all your mates when you stopped? Did they dump you (because you make them feel guilty for drinking)? And what if your wife drinks too?

Hi
Are there any couple pg/studio aprtment in pune wanna shift with my wife for some 3-4months.
Please help me with some suggestions..

Could someone explain what finance closing process is? I passed CPA and have audit experience but I don’t really understand how industry accounting cycle works :( What does it mean to close the books? Are they referring to 12/31 deadline? Do all JE have to be recorded within this date? How does one close it?

Recent PhD in life science looking to get into biotech VC. Can’t find much information on applying for these roles. I’ve heard that it’s not uncommon to go in without business/finance experience, but is it actually rare?

UK Only please.

Digital Consultant to Tech Company (e.g. FAANG PM, Palantir Deployment, Databricks Solution Architect). What would you use to determine your total comp package?

At the moment, I just take the average TC i'd expect over the next 3 years at my consulting firm (EM levels)

I am planning to leave my firm after busy season and I am wondering if I should let them know this is my last busy season or stay quite and just give my 2 weeks after busy season? I really like the people I work with and I think I could boomerang (read to many posts of people who boomerang and I fit the "type"). Should I tell them know or just stay silent and give my 2 weeks notice?

Want to try making my own cannabutter. Has anyone donor? How much weed should I use - 40grama? And how long to boil w butter?

The concept of PAR can be applied to racial equity and inclusion work as:
Privilege
Accountability
Responsibility

Privilege is reinforced over time - it does not happen suddenly!

Hi Folks,

I want to move into Deloitte Newzealand, applied a job opportunity through career portal, currently associated with Deloitte India.

Is internal transfer possible?

Anybody at the Westin Michigan Ave this week? Drinks?

Is it a bad look to put in your notice after coming back from a maternity leave? Would it burn bridges or not a big deal?

I got an offer from Infosys. My manager says they will retain me by providing the same offer what I got in Infosys, i have put my resignation and my manager is calling me on weekly basis and saying that he is talking with senior leadership. Will TCS retain me? Suggestions please. I heard TCS has stopped allocating funds for retaintion is that true?

Any single lipstick lesbians here, what to chat 😉?

Taking a personal loan of 20k or more will it affect perm (GC) process?

Novartis is providing permanent WFH, is this true?

How many people are here from big4?

Please comment

How good are PwC and EY around advanced analytics compared to K Lighthouse and Deloitte A&C? General feeling at the latter two is they only compete with themselves and PwC and EY are a few yrs behind.

What does QRMTE - expectations not met signify? How does it affect?

Significant other and I crossed the combined $1M net worth mark this quarter! Mostly in RE and 401k so we will not be FIRE-ing but still excited to be in the 7fig club.

Sorry, need someplace to celebrate and you guys are awesome.

What stocks are you guy guys buying right now in this market?

Have 20k, what’s a good small business to start with this fund? Serious question here

Anyone here from NYC? Be cool if there was a meetup.

I’m 36 and I recently reached a net worth of 1 million dollars. I thought I was doing good but then I see other people with several millions and can’t help but wonder how they got there.
I feel I’m doing everything I’m supposed to (I save, I invest, I max out my 401k, IRA, etc...).

What can I do to upgrade my game and reach those higher numbers?

Hi, I repaid my student loan today and feel awesome. Want to start saving for a home ($350-400k). Any suggestions if I should invest in something short term or a Roth IRA or let it sit in my bank?

Anyone here over 70% in VOO or VTI? Is that a smart move for less-involved investor?

Single and childless but would like kids. High income and maxing out all tax advantaged accounts I can but was thinking of starting a 529 in my own name to be transferred to future kids. If I don’t have kids maybe transfer it to my nephew. Thoughts, pros, cons?

Is there a definitive guide to cost of living? The obvious cost of living centers (SF, NYC, LA etc.) get covered a lot, but I’m wondering where my city falls. It’s a modest Midwest city with ~100k residents but is a relatively touristy spot. It often feels like a MCOL area but I’m not sure how to adequately judge that, and it would be helpful to know when comparing salaries and the like.

First time investor in the US. Any suggestions on books / blogs to read to get smart. Where do people typically invest given all the client related policies in place for consulting firms?

Once you hit your FI number, what are your plans? 1 yr? 3-5yrs? beyond?

Are my crypto profits taxed?

Well yes. Crypto is taxed like stocks & other types of property. When you sell for a profit, you are required to pay tax on the gains. It’s called capital gains tax.

Realized my savings account interest rate is now higher than my mortgage rate. No way I pay that off early. Eat your heart out Dave.

FIRE - What is your total net worth so far? What's your profile?

Should I lump sum $150k into the market or DCA? Just looking to grow the money, no other short term plans.

Anyone interested in having a meetup in NYC in April and exchange our FIRE experience?

I'm a young professional finishing my first year of my career. Last month I opened a brokerage account & invested $4000 in the stock market. I'm planning to invest at at least $2000/month every month now with the goal of creating a passive income stream. Do any of you have experience with a dividend growth strategy? How did you get started?

Do you think house prices in NJ will go down/up? Thinking of buying a house in 9-12 months and saving. What % is a good down payment? (First time home buyer here)

I contribute 10% of my paycheck to my employee share purchase plan. Is this smart to do given the tax repercussions behind it? Is it smarter to invest less in that and more in my Roth or 401k?