Would you retire if you had $4M in savings?

Alright savvy fish… starting at a startup that doesn’t offer a 401K option (yet). My base is over the Roth IRA income limit. What are my options - can I do traditional and then convert?

Self-directed IRAs. So many questions!
Have any of you ever tried a self directed IRA? I’m thinking about it in relation to investing in a company (to the tune of 150-200k) or possibly purchasing a vacation property as an investment in a location we’d like to retire (if I did that, could we use it to vacation personally occasionally in the meantime? Even if we needed to pay the IRA for the rental?) Thoughts? Warnings?

Hi! I’m 30, own a home, 50k in 401k & 25k in Roth, no other savings. Roth has a ROR of 2%. Should I leave $ in Roth? Reinvest in a diff acct? Grow it until I can buy an investment property?

Do you invest in your 401k on a pre or post tax basis? Which is better?

I moved my IRA $ to my 401k but was left with a 34 cent difference by the time the transfer cleared. Do I also need to keep retransferring until I get to net zero? Or is that so negligible that it doesn’t matter? Do I just cash out? Not sure what to do here. Thanks.

Sold 50% of portfolio to cash and moved 50% in 401k to Treasury bonds in anticipation of major fall this week. The current levels are unrealistic and unsustainable with economy shut and covid cases about to cross 3M. I see Indices fall by 20-30% from current rates to retest March lows. Thoughts?

I am coach for someone in the USDC. I was talking about the pension and I was told that they only get the 401. I looked at our 401k plan and noticed the match is very poor. The match is .25. So basically if a practitioner makes $100,000 and gives 6%, then D only puts in $1500 annually. This is horrible and if I was being honest then I would advise people to look to a company that cares for their future. I googled average matches and Deloitte is not even close to the average.

My partner’s mom is almost 60. She has no retirement savings aside from about $50k in cold hard cash. No 401k, IRA, or stocks. What’s the best thing we can do to have that money work for her for the next 5 years until she can hopefully stop working? Is there any hope for us or will my partner and I end up supporting her?

For someone whose income is in the range $100-120k, how much do you contribute to 401k?

Do you create your own portfolio for 401k, or just put everything in Target Retirement funds?

Anyone relocated from US to India and withdrew their 401k prematurely? What were the tax implications? Did you withdraw across multiple years to reduce tax burden?

Just opened a HSA with my HDHP, but plan to have kids in 3ish years and will likely move off the HDHP at that time. Should i still max out my HSA contributions if i will be eniliglble for a HSA 3 years from now? Seems like it would be a relatively small pot of money vs. Adding that amoumt to my 401k

Do you contribute to your 401k or is the money better in your hands, easily accessible before 65 and placed into an etf?

Need some advice. Haven't been in the industry for a long time, and the individual who mentor me decided to retire. Have series 65 and life/health. how can I keep the 65?

Ridiculously beginner questions but:

1) is the max 401k ($19,500) that you can save per year including employer contributions?

2) hypothetically what happens if I set my contribution rate too high and don't correct it? Let's say I make $100k and set my rate to be 30% which would result in my saving to much. Are there safeguards against this or do I get penalized?

Thanks!

Any McKinsey & Company 🐠 have a list of the 401K offerings? Does the firm contribute 7.5% of salary automatically without an employee contribution? Or is it “up to” 7.5 if you contribute 7.5? Thx

ATL folks: does the firm match 401k contribution that is deducted from the bonus payment? Or just the regular monthly contributions are matched?

If my firm only matches up to 1.5% of my 401K contributions, should I contribute 3% to 401K or more? Right now, I contribute 3% to 401K and save ~40% and invest in personal brokerage. 27 years old. Thanks!

EY 🐠 - looking for advisory manager benchmarks. Lateral competitor hire, specialist experience, currently at $165k base,30% bonus, + $12,250 401k. Is $190-205k base for manager realistic at EY?

Has anyone been able to successfully lose weight after being diagnosed with hypothyroidism? Any recommendations are appreciated. Starting to get extremely discouraged.

Untraditional exit opportunities from a few years of consulting out of college- Go!

Dad thinks this is all a hoax by the Dems to ensure Trump doesn’t get re-elected. Idk what to do about this. Help?

I asked in the general forum but figured I’d reach to you ladies too - have any of you negotiated to have your new agency cover part or all of the closing costs when selling your home to relocate?

Any roles staffing Strategy Analysts?

How many % of your salary spent on rent?

Feel confident when silently farting when masks are on. What are the other uses of everyone wearing masks?

Just used miles to buy flights for one of my best friends and her husband to come visit me. Sometimes all this travel pays off

Anyone from Chartis willing to talk about their experience at the firm? Very interested in applying.

Anyone bring in clients but then can’t get someone in your firm to do the work? I’m a litigator bringing in corporate work, so I can’t do the work myself. Can’t tell if it’s firm’s incentives or me.

Tough day fam. What gets you through?

Hi fishes, anyone moved out from TCS recently. Do they still cancel all the valid Visas, that TCS has sponsored? I have a US business visa valid for couple of years.

Is Coors Light exclusive with mischief? 👀

Anyone have any opinions on EisnerAmper? I don’t currently know anyone that’s worked there in my network and I have an upcoming interview for FVLS… trying to get a feel for it