Just left a job with a 401k to join one without a 401k. 27, making 140k per year. What’s the best way to save?
What are the best and worst things you’ve ever done financially? Doesn’t necessarily have to be about the money made or lost, could be a titling or trust mistake or win. Trying to build out different wealth strategies and pitfalls to avoid, thanks!
For my ~30 year old peers, what are your savings — cash and assets? I’ll go: $250k in cash, currently only own a car and have $70k remaining in student loans. Curious to see the spectrum for our profession.
Are Creative Directors rich?
How do people think about their 401k WRT their FIRE number? I have ~2M NW but ~800k of it is in Roths/401k, and not sure how to think about the 4% rule as I can’t touch my 401k til I’m retirement age
What’s your net worth? 💰
What household income would you need to be comfortable buying an 800k house? Assuming no other debt. Know there are many other factors besides HHI, just taking the temperature here
Is there a difference between 250k salary and 400k salary? Both salaries are watching spiderman on opening night. Both salaries have food on the table and a roof over their heads. One has a 65in tv vs the other has 75in. One drives a BMW the other a Tesla. I make around 250k and to increase my salary I will have to work a lot more. Is it really worth having more money, at some point it is just a number and quality of life doesn't improve. In fact it could be worse with the extra hours.
Does anyone know what the pros cons are of leaving money in a 401k vs moving the 401k money to a traditional IRA? Over 200k we are taking about.
At what net worth (incl. of all liquid and non-liquid assets except the house you live in) do you feel secure of your future where you do not care about job security? Assume not much liability - house/car paid off, you already paid for kids education. So its just you and your spouse living normal (?) life. Is $4M a good target where with 5% return you get $200K per year which in my opinion is more than enough for 2 people? I know most people in this bowl already have more net worth already.
How much in savings / net worth would you need, before you decide to retire? (Regardless of age).
I’m 25 yo and outside of contributing to my 401k, my money is sitting in my bank account. I really just don’t know where to start. I read about index funds then I see things about a bubble and proceed to stress about dumping my savings into something like that. For context, I probably should invest ~80-100k ...any advice where to start?
What kind of benefits does your company? How many weeks of vacation did you start at? Sick time ?
Soo any one ever borrow from their 401k or have any opinions on it. CARES act has changed some aspects a bit and investigating if I’d like to take it all out pour it into my brokerage account and leave it for a year then pay it back. Obviously could be extremely dumb
What’s your agency’s 401k matching policy?
I signed an acceptance letter that included 401k matching as a benefit that was affective immediately. After starting, I’m told it doesn’t start until 2 years in. What can be done?
Finance 🐠: I max out my 401k contributions (19500) each year and put about 1500/year into an HSA. I am not married and still young, so I am trying to figure out where to put more cash that will grow overtime, but not kill me in taxes (IRA, Roth, etc). What do you recommend and why?
Post for push testing
My company is now displaying!
How do you deal with bad breath at the end of the day? Anyone here bring their toothbrush to the client site?
McKinsey = HBS (old, prestigious), BCG = Stanford (close up there, and closing in), Bain = Wharton (same conversation, but a teeny bit lower), Deloitte = Booth (rising in the rankings, but no one...
If you had a large following (1M+) on social media, how would you turn that into a monetizeable platform or business?
KING OF THE NORTH!!!
Anyone familiar with Nuro.ai? Exploring a role in Strategy & BizOps, would love to get any insights, thank you.
Any suggestions on any low risk investment options? I don’t have a lot of money to invest so don’t want to hire help right now. Just looking for options
My girlfriend just gave me a hall pass to sleep with 5 more girls since she's slept with 5 more guys than me. Is this a trap...
Folks - how do you get over interview anxiety? I am just very scared of rejections and it’s almost paralyzed me from interviewing.
When you find out your client has a better travel policy and you can book business or first from NYC - LAX...
Captech folks: what’s the culture like? The pay seems low compared to big4. Anyone know the salary salary range for Captech managers? Range Glassdoor is showing is really low.
Any thoughts about Siemens Management Consulting firsthand or secondhand knowledge. Interested in hearing about perceptions, experience, etc..
A friend of mine just joined EY and says he needs to work 7pm to 6am every day. Is this the norm for some projects? Seems brutal.
How do you decline further interview with a recruiter? Salary was too low but I feel bad declining more because of the money. College hire w < 1 YOE so new to dealing with this
New to Fishbowl?
unlock all discussions on Fishbowl.