At what age/salary did you actually feel like you earned enough to have spending $? After HSA, IRA, 401k and MegaBackdoor Roth, rent, groceries I feel like I’m getting used to being on a shoestring budget until I hit over 250k
Need some input - does this approach make sense to achieve FIRE? Thinking rentals are the best way to rise with inflation + tax deduction.
- Age 30, married, 200K HHI , no kids
- Need 70k/year for our basic expenses
- saving 40% of our income (savings, retirement, HSA, investment, etc.)
- Plan is to buy 3-4 rental properties in the next 10-12 years
- Use cash flow/sales of one property to pay other loans down and retire once rental income = 70k/year
I was wondering what the stock option, pension, and RRSP matching are in RBC for senior manager in Toronto?RBC
anyone in here strictly.service 401K plans on the independent side? how much can you make on that realistically with a medium size AUM book being currently managed? trying to determine if meetin..
I’m contributing post-tax 401k offered by my employer to take advantage of the mega backdoor Roth. How often do people roll it over to their Roth IRA account? Like every month? I understand that any gains rolled over would be subject to tax but don’t expect it much given the market is down currently.
Trying to compare Freddie Mac vs. Fannie Mae benefits. I heard FNMA got rid of the 2% once a year additional 401k add-on (which Freddie still has) but may have recently brought it back? Also heard FNMA lets staff out early every Friday and provides Fridays off if Monday is a holiday (Freddie does not offer this although in the summer we were allowed to leave 2hrs early on Fri.) Any color on these types of non-standard benefits would be great - thanks!
How much should I be paying for rent in NYC if I make 120k/year?
How much should go towards 401k contributions?
Thoughts on using 401k to pay for down payment / closing costs on a house? I know it’s normally a huge no-no, but it’d take me 2 years to save enough cash in my market, and I plan to house hack so I’d be able to pay myself back in 1/4 the time it’d take without using it and allow me to start my FI journey way quicker (but terrifying to think of actually doing it). I do have a cash emergency fund. Pros and cons, and anyone who has done this. Thanks!!
Any Aon pension actuaries who could help my friend understand the hierarchy of titles? Let’s say my friend has 10 years of experience, FSA and EA credentials, was a consistently high performer over his career, what would his expected title be at Aon within the core retirement actuarial business? Thanks in advance.
Do Jackson Lewis and Littler do 401K matching?
Does anyone plan to move out of the country when you retire? What are the financial benefits/cons you’ve considered?
PwC 🐠: using a paycheck calculator to estimate what will hit my bank account on payday. I have the 401k number, medical ($92 for high deductible), HSA, and FSA numbers. What else will be deducted?
This bowl has been dead forever. I’m still powering through my corporate America career all fake smiles to eventually retire early and live like my hero, Tommy Chong. Stay up my professional 420 friends, the end is near!
Hello, I have been doing mega back door from last few years. What options I have for this account when I leave my current company? Can I just transfer to next 401k account?
I have an old 401k with my old employer. I also have a new 401k with my new employer. I want to continue putting money into my backdoor Roth IRA. Can I still put my old 401k into traditional IRA, or will that prohibit me from continuing to use backdoor Roth IRA (or even if not prohibited, will it have negative tax consequences)?
Any Wells Fargo advisors here? Ii need to do an in kind transfer of securities from a 401k. Is there a form I need for that or is it done over the phone? People at 800 number seemed confused by this
Is there any advantage to putting a percentage of bonus pretax into 401K? For 2022, I plan to maximize the contribution to $20,500 spread over 12 months. Trying to understand why my employer is even offering this!
At what age do you want to retire, and with how much savings (including assets like a house, a boat :) ?
Conduct Disorder- what is it?
CD in and of itself does not meet criteria for spec Ed https://www.instagram.com/p/CUamP1dNgmH/?utm_source=ig_web_button_native_share
With the new, redesigned Escalade hitting the dealer lots now:
Can we expect substantial discounts/incentives on the current gen Escalade?
If anyone has insights to share, that would be greatly appreciated
I don't know what it is about Fishbowl lately... whether there are new people on it or if I'm just now realizing how great it is, but you guys make me laugh every day! Thanks for the chuckles 🤗
This is my first Ramadan being unemployed. I am looking at the glass half full. Being unemployed has given me more time to do dua and read Quran. Get closer to Allah (swt). It is a silver lining, blessing in disguise. I ask that everyone in this group please pray for me that I find a job soon, iA.
would you rather work in a job/field that you like (e.g advertising) and are passionate about and struggle financially, or a job/field that you like OK and allows you to live the lifestyle you want?
Went to the bar after work for a pint paid for said pint and now they want to discipline me for having a drink on work premises after work????
Guys, for hybrid and well-being allowance. Its mentioned we need to provide proof of payment. So wat all are accepted as proof of payment? Do we need to give card statement or something like that?
~2/3 of the CBS August Entry class gets filled in the ED round. There are currently ~400 admitted students in the slack channel. Let's say another 50 left to join the slack from the ED round from the recent admits. So that's 450, and say only 10% of those end up defecting. That's ~400 joining for a class of ~630 for August Entry.
Bottom line: CBS gets really competitive after the ED round as there are only 1/3 seats left. So apply for ED if you want to get in.
Does Infosys revise offered CTC if I show them a higher offer??
Infosys - 14 LPA (Permanent WFH/Base Location)
IBM - 18 LPA (Bangalore)
I am alligned to join Infosys but this stark difference of 4 lakh is making it difficult for me to decide.
Anyone in this group who successfully got their Infy CTC revised after showing other offer?
Job post vs. job description???? Why shouldn’t we use already prepared job postings as our internal job description? Why are these separate? I understand the marketing aspect, but can’t the responsibilities on the JD and job post look exactly the same? Please help!! Huge project to start asap.
I need to auto refresh page in interval of 5 mins . But the filters which applied in table get reset.
I need filtered table data to be just updated
Please suggest any tuts or best practice and tactics to be used here
People who started in IT audit and compliance, where are you now and what did you do/ have to do, to get where you are?
Can you lose your job if you don’t like the animosity from your creative team and speak up about it ? Genuinely worried I might be disrupting the peace by saying something 🥴 the anxiety is terrible! Do I just accept it that they don’t like me or speak up and potentially burn that bridge?
Hello everyone I’m an advanced degree student trying to break into consulting. Is anyone interested in reading my resume and provide some feedbacks. Thank you 🥺
I was asked to be on an advisory council for GWU. They want me to take their certificate program in order to understand what I'm talking about ($1500). Is this normal?
Additional Posts in Consulting
Does Delta, United or AA offer complimentary upgrades to business class for platinum medallion status or equivalents on United/AA on long international flights?
Has anyone left Big 4 to go independent with current client? My current client offered me a full time role but I want to come in as an independent consultant. I’d save them money and think they’d go for it. I’d use it as my first client and look to try my own consulting business. It’s always been my dream and I don’t see myself going through the ringer to make partner although I respect folks who do a ton. Just not for me. Too much mental health issues already. Can’t add that stress.
Any recommendations for a home office monitor? My work laptop is a 1 yr old Lenovo.
All I do is XLS and PPT.
At boutique firms, is it normal for half pay while on bench for a month, no pay for second month and beyond?
Merry Christmas 🐳fam..!!
The PwC partners from the Oscars have had to hire body guards because people are threatening their lives, their loved ones, and posted pics of their homes, etc. WTF there is so much worse in the world
For those whose companies have announced WFH through mid-2021, are you planning to return to your home office location before then (if you left)?
Met my now wife at a business dinner 6 years ago on Valentine's Day. Good luck out there 🐟!
What is your Client's go-to phrase or verbal crutch? "Let's bank on that" for mine. Hear it about 3-5 times a day.
The project I'm on with an extremely aggressive schedule that forces everyone to work 12+ hour days and weekends was flagged as high risk during contracts but leadership cleared it. (Cont'd)
anyone know someone who went from consulting to getting an MHA and being a hospital admin? is it worth the effort and anyone know what work environment is like?
Does anyone have experience / insight into side-by-side investment with PE firms? All of my clients are PE shops. I know deals like this are not unheard of and wanted to see if anyone had any details.
In the market for a new carry on. What are your top recommendations (looking for specific models)? Also, any tips on finding discounts or timing of sales for the pricier brands (Briggs and Riley,etc)?
Like most of you, I fly twice a week, every week and have for a long time. Yet, I can’t recite the airline safety brief to save my life. Anyone got that thing memorized?