Trying to educate myself so apologies if this has been answered.
MA state and wife and i are early 30s no kids (might have brother coming to US for studies soon)
My income 135k and wifes 120k pre tax.
We max out 401k and 6k HSA limits.
What else we should do to reduce taxable income? Does IRA/529 make sense for us? Have emergency funds and other savings taken care care off. Happy to provide more details. TIA
Checked my 401k for the first time in a while and updated my NW spreadsheet. I broke $500k! Last time I checked I was at like $498k!
My goal is to be a "Barista retiree" in my mid 50's
*And before someone criticizes me for holding too much in cash I have plans for it and it will be in other places by end of July
**I dont include my car (paid in cash) in NW because when I did it would make me nauseous seeing how bad depreciation is
32 LCOL area
Isn't it worth it to convert our 401k to IRA now (and pay taxes), than to pay taxes when we withdraw when we retire?
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Hiws the pension work? Do I put in certain amount and gets matched upon? How many yrs before take effect? If I leave - dobi completely forfeit that one?
A couple of questions about Slalom Consulting:
1. What is the new hire process like? Specific trainings, meet & greets, etc?
2. Do people WFH or has everyone returned to office?
3. What health insurance options exist? High cost if insuring a child (no spouse)?
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5. What does 401k/ other retirement options look like?
6. How is comp pkg structured?
7. Read Slalom is employee owned; how is this diff from p-ship?
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I just passed 200k in my total investments (401k, brokerage). I know that’s not a lot comparing to y’all but it’s great for me!
Other than that I have a home that I have $210k left and no other debt. TC is $180k as of April. Any suggestions on how to grow investments would be great.
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My GC is about to retire...
She has been at the company (investment firm) for three years.
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Hi all - I'm on a £100-110k base + bonus at a tier 2 firm. This is in the region where personal allowance for tax starts eroding away..
Wondering what options I have to make this as tax efficient as possible (legally), considering a salary sacrifice pension and student loan.
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