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1) When Does a software engineer start financial planning for retirement since the our Career span is only 15-20 years on average. 2) How much and which schemes to invest to mitigate the risk? 3) How much do we need for retirement?
HCL Technologies Tata Consultancy Mindtree Infosys Wipro Cognizant Capgemini
Anyone have a good tax person in Philly
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Could anyone share the payscale for C10 band?
Time to mulch!
I am all for mental health awareness, but…
Additional Posts in Personal Investment Chatter
What is the best way to find a good tax advisor?
1. Have a 6-month emergency fund
2. Put however much you can towards maxing out your 401k
3. Put post-tax money in Roth IRA
4. Open college funds for your kids
5. Only after you’ve exhausted tax-privileged accounts should you put money in a brokerage account
Thanks
My financial advisor is constantly telling me to max out my 401k contribution now they we have no debt (besides mortgage) and we have a solid emergency/rainy day fund.
I feel like I’m just now starting to get some breathing room each month and having the ability to make investment decisions. We also have a 3rd kid on the way in Nov.
Congrats on the new kid
Any possibility to move out HCOL ?
Nope. Just bought a house here last August. Family is here and kids are in school
With 3 kids, a 529 will be your best friend in a decade or so.
I always take a look at this guide to help guide my next steps. If it’s showing up as blurry for you, it’s the flowchart found on the r/personalfinance subreddit.
This is great. Thanks for posting. Very helpful
I believe you guys make too much to put into ROTH, so check with your employers to see if they offer ROTH 401k. I’m starting to favor that over the traditional 401k
Yeah I contribute to a Roth 401k actually.