Should you always find your backdoor Roth IRA to the $6K max?

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Yes yes yes!

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Yes and do mega back door too if you can

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Yes! The earlier in the year, the better. Make it a habit every January if possible.

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I am working in a startup and I was hired to build a product that hasn't been launched yet. Today my boss told me I didn't seem very comfortable with the unknown - have you done something similar in the past? How did you manage the unknown? How could I prove them that I do enjoy and I am willing to try harder? TIA

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Do you feel as though your firm is doing enough to mitigate climate change through how they invest, what they fund and the firms own net zero targets?

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Just can’t stop crying and shaking. I don’t even know why anymore. Any tips?

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Hi, anyone from Slalom willing to refer please? Thank you!

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Hi fishes, please like for Dms.

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Anyone have Bieber fever and want to go to the Justin Bieber concert in Jeddah first weekend in December????

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I'm applying for a job that wants at least two business or professional references. Thing is my current job is my first job out of college and I don't want them contacting my current employer. Who am I suppose to list as a reference? Leave it blank although they personally asked for references? List college professors? Ask a coworker to be a reference and not spread work I'm leaving?

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What is the "expiration date" on having to wish someone happy new year, even if you haven't seen them yet in January?

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Has anyone travelled back to US recently after H1b transfer but with previous(valid) visa stamp on passport? There are no Dropbox available and need to visit family.

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Anyone else use work as their escape? People complain about not having work life balance but I only stay for the long hours. I've battled with depression and anxiety for the last decade because I got married and started a family too young. I'm in a more financially secure place now but my marriage has mentally exhausted me. We're just together for the kids at this point.

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Anyone up for clubbing?

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I heard that travel used to be a thing pre-COVID. Any idea if travel is coming back?

If you are already in a super big market like Bay Area or NYC, do we even travel since all the deals are probably happening in home office?

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I’m recognizing that I have to look out for myself because no one else will. Makes it hard to trust people. Are all our relationships conditional and transactional?

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Here's a question: are you happy?

And why or why not?

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Week 6 and my breast hurt so bad, it feels like a stabbing knife. Is this normal? Remedies?

What will be the in-hand salary ?

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Hello Teacher Friends,

We are moving towards a hybrid model with a distance learning component, where kids are split into 3 different cohorts:
*Group A: In person Mon/Tue
*Group B: In person Thur/Fri
*Group C: Full distance learning
How are you all managing a week worth of assignments for all students? Please Help!

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Is Life Insurance a scam?

Why or why not?

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What does a Senior Marketing Manager at Capitol One in Plano, TX normally make?

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Additional Posts in FIRE Financial Independence Retire Early

new to investing. have done some research - reading blogs and a few books on investing. I still have the question of do individuals that take the index fund route… do you all purchase the same funds for different accounts? Example, would you invest in VTSAX across a brokerage and roth account, or would you take a different approach for each account?

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Thoughts on robo-advisor accounts? The ones that take your spare change of every purchase and round it up? Betterment, Acorn. I have to imagine it’ll take quite some time for $$ to accumulate that way?

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I am convinced buying a house is a poor use of money when living near any mid-sized to large city when looking at investing that money over a 15-30 year time frame. What do I need to be considering?

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I heard someone make a bold statement that contributing to a traditional 401k versus a Roth 401k were the exact same assuming the same tax rate. I ran the numbers and to my surprise they were not wrong (even considering the earnings). Can anyone explain why a Roth would ever make sense given that income will likely be lower and therefore lower tax rate in retirement?

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Started/maxed out my 2020 IRA on Friday at the market high without knowing and now my whole portfolio is down 2-5% already 😔

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What are the easiest / least time consuming 2nd careers? Ideally something where you can make your own hours or don’t demand more than 10-20 hours a week

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If you had an extra 50K laying around and wanted to take advantage of the recent correction in growth stocks, what you invest in? ETFs or individual stocks welcome. Won’t need the funds for at least 6-12 months

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I am still waiting on a 2k federal tax refund from the 2019 tax year. I’ve called 20+ times over the past year, and haven’t gotten more than “we are working through an unprecedented backlog and will get to it soon.” Anyone in a similar boat and/or have any advice other than wait?

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I have 60k in the bank and have no idea what to do with it. Ik it’s a sin to have that much in an account and not making it work for me. I’m not saving for any big purchases either. I’m not too savvy when it comes to investing and really want to strengthen my financial/investing understandings. I plan on sitting down with an advisor. Any advice?

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What’s an ideal minimum net worth to have by 30 years old? I know everyone’s path is different and retirement plan is different, so let’s go with HCOL area for someone looking to retire by 55.

Do people tend to age out of wanting to FIRE?

In your 20s-30s, you don’t know much, you’re told what to do, you have few financial resources so you are tied to your job. Under these circumstances it makes perfect sense why you would want to FIRE asap.

But eventually you advance up the ladder, you are now the boss and your people do all the grunt work. You also have built up expertise which makes the job easier. And you are making the best money of your life. FIRE is no longer so pressing.

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Do you spread your investments in ETF products that track the same index? IE VOO and SPLG.

Was just thinking the other night if you drop it all (or a large part) in VOO and they have some unheard of scandal that somehow slipped by audit your path to FIRE could be hurting.

Am I overthinking here?

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likeupliftinghelpfulfunny

Anyone have a net worth/budget excel tracker they want to share?! : ) prefer not to use the apps.

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Do I have too much cash ($35,000) in my high yield savings account? No immediate plans to buy a house (but could be an option). Rent is $2100 and have no other debt or month financial obligations.

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Best way to forecast net worth/future growth?

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For those who rigorously budget to achieve FIRE, can y’all give me some tips that work for you? We’ve tried to do the tracking every item we buy thing but we’ve never been able to honestly track every purchase for a month. It feels like too much work with 2 kids! Any other tips and tricks that work for you? In general we automate savings first and kind of reflect on the bills at end of month and note where to tighten for the following month but I feel like we need more discipline

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Where do I begin figuring out the actual execution of retiring? e.g if net worth is > 4mm at age 35, how would one figure out what FIRE lifestyle would be now versus coasting with an income for a few more years? I realize this is a pretty dumb question.

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Last year I started funding my Roth IRA through Vanguard in a Target Retirement Funds. After reading a few post about the tax disadvantage of using a Target Retirement Funds, I am thinking I need to shake things up. Would you suggest moving the funds in Mutual Funds, such as VTSAX? Let me know your thoughts and best strategy to make the switch with minimal tax effect.

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How much is your emergency fund? My husband and I are DINKS with 5K monthly expenses but (because we are very privileged) live near family who could help us if something happened. We only keep 5K in our emergency fund because I want to invest as much as I can in index funds.

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