We are buying a house and my knee jerk response was to look at a 30 year fixed mortgage (because that’s what I’ve always done). I realized last night that a 30 year mortgage might outlast me. Having a bit of an existential crisis now.

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Nah — 30 yr mortgage just gives you flexibility . You either pay it off when retiring if plan on staying in house or sell.

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None of us might make another 30 but with those terms you can comfortably set a lower monthly and pay it off just like a 15 year term if/when you can afford it.

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So what if it does out last you? With rates rising you are getting both flexibility and an inflation hedge wrapped together.

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You are doing what most everyone does. Only very few live in the house long enough to pay off 30 yr mortgage. Also, you can always pay it off or refinance (with smaller principles) any time. I ended up paying off my 30 year in half the time.

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Recently received 30k and wondering what to do with it. Not yet a homeowner but also not sure if we’re ready to buy anyways. Have a young baby. Any advice on how to figure out best use?

For rent paid below 1 lakh there is no need to submit landlord's PAN. I have calculated based on my HRA and if I show rent paid as around 96k my tax refund will be around 13k.

However there is no rent agreement or rent receipts.

Will it be a problem later on if I show this in my ITR?

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30 July was special.
Salary credited. Tax debited.
Both were equal.
Ab pura August daal-chawal khaake!

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Hi everyone

Is there any disadvantage if I get relieve on Friday compared to on Monday?

What I am thinking is I will be loss pay for sat and Sunday?

Actually my last is 27th
I asked for a week early relieving so thinking about this.

Thanks.

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I have $20k in savings, I owe $6,000 to my 401k loan, that’s the only loan I got. I am debt free otherwise except for my house. Should I use my savings to pay off? Since people are talking about unemployment and being fired, I wanted to make sure I have enough, 👩🏾‍💻... What should I do? I initially took the loan to add to my home equity when I sell my house for a new house then covid hit.

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How do you effectively plan for retirement?

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We bought a condo in February 2022 then as you know prices are going down while rates are flying up 😭 We're quite worried about the value of our home and can't really enjoy it. What's your thoughts about this? PS. First time home buyers 🤫

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FYI Amex offer for Allen Edmonds. Spend $300 get $90

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Which style home do you prefer and why?

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Brand new to investing! Husband and I are 37, don’t have any investments other than the home we currently own. Sitting on atleast 100g worth of cash....

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Can we just take a moment to recognize how great of a human being Dolly Parton is. She knows how to do good with her wealth.

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Is there a reason to get the luxury SPG amex if I got the new Chase Marriott card like a month ago?

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Confirming that the cheapest and fastest way to buy Electra is to transfer LTC to Coinhouse and then convert LTC to BTC

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I’m prepping someone’s tax return who I see everyday on tv. It’s kind of cool being privy to a celebrity’s confidential financial information. 😁 I’ve also prepped a famous athlete and actor last week.

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If I received 2019 income in 2020, do I need to amend my return? I just received a K-1 for a few thousands that is for income earned in 2019. Not sure if I need to amend or if I can just put it in my

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Best credit card for travel?!? And, why? Never really used airport lounges.

I have the Marriott Bonvoy, SW rewards and CSP.

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I handleda very difficult and convoluted succession for a black family. My client was astute and intelligent. We got along great. His family was difficult. Willfully ignorant.

Part of the succession dealt with clawing back $450,000 in insurance proceeds that a niece fraudulent received from the decedent by making herself the beneficiary on policies. A separate attorney was hired to handle that part before I was hired to handle all other matters, including settling a $500,000 debt with the...

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Dear All,
I am seeking suggestion, Recently started fishing business.
Presently nothing is on paper and it done same as farming… catching and selling locally in market, We have also employed 26 people to work on trawler for fishing.
Is there any way to register firm to take some investments from market/banks

My goal is to save 300k by end of 3rd year. HCOL. Do you think I can do it? Or maybe 5th year?

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Parents are deciding between moving to WVirginia vs Virginia at retirement to be closer to us based in fairfax (ideally be at 1 hour driving distance). They currently in the mid west but WVirginia appeals to them because of low taxes, low cost of living. We are also poc so appreciate some diversity.

What are some areas you would recommend both in Va and WV? What else should they consider prior to house hunting? Dad likes to garden/farm as well so looking for homes with large backyards. Tia!

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Fitbit vs. Google Fit for tracking workout and health stats. Why?

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Hi.. I am happy to join here. Seems to be an amazing platform.

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Hi everyone

Does @Cisco system india provides onsite opportunity for employees?

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Hi Fishes,

Anyone been through
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Please share your experience.

IBM Infosys Mindtree

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Level 9 average salary?

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I am trying to recreate this without the numbers at the end. Any advice?

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Departing TPA today with a tropical storm on the way...

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Hi all! I was curious if anyone had any connections to someone Grammarly inc. I have admired their work and would love to sit down with someone and chat.

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My ECD keeps changing our work before it goes to client and it's cost us making good work. Our books are suffering because he can't get his hands off the tools. Our books are only full of spec now.

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Best experiential/activation agency?

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Be honest. Why do you keep coming back to this app?

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I am beyond stuck in my first 1.5 years of my career.

I was over promised opportunities at my first gig and then Covid hit. Leading me to have no portfolio worthy pieces from this 💩 agency with nothing great in sight. (place hasn’t won a pitch in my entire time here + lost clients)

I’m juggling re-vamping my site and a side project to hopefully make my book more robust.

With no kind of leadership or mentor, I’m just figuring out how to dig myself out of this hole. Any advice for this chump?

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Just got another rejection... Is exiting to FAANG or MB really this hard? Trying to go tech.. or mbb, but not getting anywhere. I have 2 masters (mba, ms) from top schools, been in consulting for over 10 years, I am confident that I know my stuff well..but still I keep getting rejected. Interviewed with Google, Amazon, Cisco, McKinsey, and a few others and every-time there is something that is not a match... are the hiring managers looking for like 100% match? That will never happen!!!

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Hi Fishes I am looking for salesforce Developer position,
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Thanks in advance

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How many PTO/Vacation days do you usually take off a year if your employer offers unlimited PTO/Vacation days?

I just started a new job and this is the first time I’ve ran into this. It sounds nice but at the same time I hate the lack of direction. Help!

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What is GC immigration process at Nttdata? How is ogletree doing? Does NTT doing downgrade from eb2 to eb3?

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Applying for L6 non-tech Program Manager at Amazon. Please leave some advice below on how to get a shortlist! (What looks good on a CV etc.) YoE - 5.5 post MBA

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Additional Posts in Over 50 in Consulting

Gotta say I LOL’d at this.

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Is anyone changing their retirement plans based on COVID-19 realities and the future of work.

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Weird question alert: When did your daughters start “developing?” Noticing signs in my soon to be ten year old, which is a little concerning, as my sister has huge...tracks of land. Would rather my daughter didn’t have to deal with what I remember she had to. Anyone remember?

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Any thoughts on the put down, “Ok, Boomer”
??

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What’s the next move when you’re this age, at plateau of career, not going any further and burned out, but have to work for at least 5-7 more years? Would love to hear from those who made a fulfilling move.

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It will never be the same again

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Do you use or have you used First Command Financial Planning? If so, what’s your experience with them?

At what point does it not make sense to buy/ build a bigger home? My husband dislikes our house immensely (was his with former wife) and wants to move. Only owes $180k on it, we’ve been together 6 years and thus I’d rather just remodel. It’s the only thing we disagree about - moving or staying. He doesn’t want to invest one more cent in this house.

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Any one considered doing part time Consulting engagements via Services like MBO, Catalent GLG etc. Seems like a good way to stay in the game earn some extra income but do it on an Ad hock basis.

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So my brother doesn't talk to me for 6 months.   (I had offered my lake house guest space to my cousin who said yes instead of my brother who didn't know if he could come nor when he might know if he could come, how unfair of me).

On Thanksgiving day mom arrives and tells me that brother might come by in an hour.  He had ignored my invite weeks ago.  (Uh ok, sure).

Continued...

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Don’t think if my self as depressed, but definitely struggling to give a sh!t recently. Covid, WFH and the craziness of the political drama is definitely a factor, but can’t help but think age and career point is more so - struggling to get excited after 30+ years of the grind.
Looking for suggestions

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Has anyone here ever tried negotiating “at will” employment terms in the US? I’m curious what specific terms folks have asked for and how the potential employer reacted.

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I’m 51 and a consultant. Am I too old to be this level. Starting to feel like it.

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I'm so tired of working. I just want to buy a little place in the country and live a simple life.

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Where do you over 50 ladies shop for work clothes? Need a bit if a wardrobe refresh and looking for ideas.

What is the best exit from consulting if you are the breadwinner and your spouse has medical issues? I feel trapped by medical insurance requirements.

likehelpful

Do big4s have any history of offering early retirement packages?

At this point in career, would you take a step down in title to grab a transfer opportunity and get out of a toxic work environment ?

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