Just hit 125k net worth at age of 25. May not seem like a lot compared to my FAANG, MBB or IB friends, but definitely proud of myself. For all of you who are big savers but also investors - I have a decent bonus coming up and am trying to figure out how to invest it. Should be around 10-15k, I’ve already maxed my 401k and Roth at 19,500. 3k in HSA from last three years. Big believer in stocks and compound growth. Crypto scares me a bit even though I’m willing to take risks.

likeuplifting
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I read ACN is a good buy. You’re in a better position than most to judge it appears

likefunny

So you've done 401k (19,500) IRA (6,500) and HSA (3,500) ? Next thing would be backdoor Roth or 529 at least for me

likesmart

Sorry maybe I stated it incorrectly. I am talking about the "Mega backdoor Roth" where you contribute post tax dollars up to $38,500 per year (excluding employer match).

https://www.nerdwallet.com/article/investing/mega-backdoor-roths-work

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What’s compound growth?

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The additional growth from the return you earn from investing prior periods’ return (as opposed to just the growth from return on original principal)

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You could throw it in a Roth IRA or backdoor Roth depending on your income.

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I’m planning to throw my bonus at backdoor Roth.

I think it’s too late to change your allocations for bonus now, but we have the mega backdoor option which you could do for your last 3 paychecks of the year

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The mega backdoor Roth limit for Accenture is $15k I believe - id recommend maxing that out

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Single M23 with 100k in investments, 10k in saving, and making 125k base in LCOL. Living with my parents (0 expenses) ATM, but planning to move out in some months.

likehelpful

Do any of the top consulting firms hire into the Engagement Manager level after an M7 (if they had manager experience elsewhere)? I know MBB probably doesn’t but what about other tier 2 firms after that - and asking for US or Canada

likehelpfulfunny

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I want to exit to MBB but if that’s not a possibility what are the next best consulting firms? Looking for at least midsize firms (non-boutiques).

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Bain & Company PPO health insurance only! Post your firm's biweekly premium (employee deduction) and whether it's employee, employee+spouse or employee+family.

Deloitte Accenture EY PwC Boston Consulting Group McKinsey & Company Bain & Company KPMG

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Experienced tax professionals - If you have any interest in switching to Deloitte, the deadline for the enhanced bonus is ending soon. Happy to kick back some of the bonus for any successful hires. Golf season is underway and a nice Scotty Cameron & Vokey wedges are a real joy. Hit me up with a DM if it might be a good fit for you.

likesmart

What does your NW breakdown look like ? In my case it is as follows
Home equity: 15%
Investments Stocks/ETFs : 25%
Retirement account: 30 %
Cash: 30%

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I’m in real estate tax group and looking for good books about RE fund/investments/accounting during non busy season. Any recommendations? Thanks!

Hi folks,

I am already covering 80c 1.5l limit by elss and pf.

Can i invest 50k only in nps and avail tax benefit under 80ccd 1b.

Tia.

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How do I become employee of the month? Where I work, being named employee of the month comes with a great bonus that you can get whenever you're honored with this title.

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Have heard a lot for different opinions on these. The logic is that it’s easier because there is a lot of supply in cities like NY, Chicago and SF, but the counter argument is that the offices with less supply are also way smaller and have a lot less demand.

(Continue on comments)
McKinsey & Company Bain & Company Boston Consulting Group

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So I had been working as medical interpreter up to the early part of this year. Today, during an interview, the Director with whom I was interviewing genuinely urged me to consider pursuing a career as a PA or even attempt to go to medical school. I had considered it in passing before but today was about the third or fourth time that someone had earnestly nudged me in that direction. Has anyone here made such a career pivot before? I love working in healthcare, there’s nothing like it.

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New to the U.S., is the Healthcare Industry (via HIPAA), the only industry in the U.S. that legally mandates having a designated Privacy Officer? So for example, although GLBA has obvious privacy requirements, unlike with healthcare, financial institutions in the U.S. are not mandated by law to have a designated Privacy Officer?

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Fedloan servicing's stopped interest payments until Sept due to CARES. I'm a recent grad with more loans than most. Would you continue manual payments on the principle or invest that money? ~$300/mo.

Deloitte or cognizant, which one should i choose?
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YOE: 4, technology: Node js
Are both companies offering as per market standards or am i being low balled?

Pls advise:)

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Honest question: how many hours do you work a week, what type of consulting do you do, and what is your position? Thinking of switching from big 4 consulting to MBB but seeking this feedback.

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I'm SVP/strategy for a PR agency. I moved into PR, Healthcare, and Strategic Planning only 3 years ago. An agency recruiter is trying to convince me to move into a GSVP account role, assuring me "at that level it's all strategy." (I dont think she understands the words she's using. Or that I'm qualified). But long-term, knowing account roles are so much more plentiful than brand planning in PR, I'm wondering if I should start thinking about account. Anyone here moved from strategy to account?

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Hi - How do you find out who is a top criminal defense healthcare attorney in your state?

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Why is this bowl so cold? 😀

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Anyone at Nelson Mullins Boston willing to make a referral? I’d love to chat with you.

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Meta is hiring across the board. Send me a DM if you are interested in one or multiple roles and feel prepared to interview soon!

likehelpfulsmart

So just found out my in-laws are having Thanksgiving ham and meatloaf and no turkey... do other people do this?

likefunny
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Am i able to sell commercial insurance while working in IT? I’m in industry no longer consulting but want to get my property and casualty license. Thoughts?

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Where have people seen healthcare big law folks leave to? Mostly pharma? Providers/systems? Universities? Trying to get a sense of exit opps.

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I’ve been working for a company for 25yrs, looking for advancement. I’m considered an SME, managing people, Vendors and working on large system conversions. Have provided long term goals. When requesting feedback I’m told I’m on the right path, no suggestions on what to improve. I asked about timelines for advancement and not being given anything concrete. Recently interviewed with another company as a Vendor Mgmt partner. Individual contributor, high visible position with potential. Thoughts?

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Does anyone know of any pickleball clubs in the Marina or Pac heights?

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If anyone needs a cfa tutor I tutor on Wyzant. Dm me.

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Hey Jews, how are we feeling right now? Safe space to vent. Let’s get through this together

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FIRE newbie here. Is it possible to reach FIRE with a special needs kid? Has someone done it? Are there any alternatives to fund therapies beside insurance?

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Anyone here read “Die with Zero”? What are your thoughts on the principles from the book?

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Anyone here retire in late 30s or know someone that has?

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Still using Ally Bank savings account, but the APY had dropped to .60%. Time to move. Any recs on personal savings account? This is my emergency “savings”

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FIRE Newbie here - wondering how everyone is retiring early (30’s 40’s 50’s) if the majority of your savings are tied up in tax preferential retirement vehicles you can’t really touch for another few decades?

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How are you all going about continuing to buy index funds while everything is literally green and I see people doubling their investment in such a short amount of time. Feel as I am missing so much money that could’ve been made. But VOO goes up 1% :///

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Given crazy market returns recently, do you still expect the market to rise at 10% over the next 30 years?

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For any real estate investors

22 years old and currently focused on using my left over income to invest and pay off my debt. I am set to pay off my college loans by next year and, when I do, I want to look into investing into real estate. Does anyone have any suggestions on how to get into/learn more about real estate investing? Or how I can have enough knowledge on the topic to be able to invest wisely when the time comes?

Any books? youtubers? etc. How did you all learn about it?

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Ubering for the bonus. My little hack.

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Buying a house with monthly expense of $4900, although my current rent is only $2350. My total HHI with my husband is about $310K. I’m feeling weary of spending this much but we live in a HCOL area near a major city and we have high taxes. It’s hard to find anything decent under $800K. Should I just suck it up in order to be a homeowner?

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Hey fishes, i need advice as to how to invest 200k? Should i go for individual stocks or funds or should i go to financial advisor? If individual stocks then looking for sectors. Can i invest as a VC? Any thoughts or direction please

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I’ve been reading a lot of FIRE books lately and want somewhere to discuss. What are the biggest takeaways from your FIRE journey/ research?

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Looking to buy a property mid-2021 and need advice on what to do with my savings that I’m building to purchase the property. More info in the comments

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I'm age 40. Does the info below mean if I stop working now and collect the benefits at age 67, I'll get $3403 monthly social security benefits?

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