- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: How much of an emergency fund do I really need?
Posted on 3/4/15 at 11:23 pm to dragginass
Posted on 3/4/15 at 11:23 pm to dragginass
*facepalm*
Did no one read the actual posts involved?
Yes, the math is very similar to Roth vs traditional comparisons, but that is only because both a Roth and a taxable account are funded with after tax dollars.
For a third time, I was only trying to disprove the notion that a taxable account needs to play catch up on day one because of taxes. The day one value of the two funds are the same, even though they have different amounts of money. The difference emerges with taxable events over the years. I never claimed that a 401k tax shield didn't have a benefit.
Did no one read the actual posts involved?
Yes, the math is very similar to Roth vs traditional comparisons, but that is only because both a Roth and a taxable account are funded with after tax dollars.
For a third time, I was only trying to disprove the notion that a taxable account needs to play catch up on day one because of taxes. The day one value of the two funds are the same, even though they have different amounts of money. The difference emerges with taxable events over the years. I never claimed that a 401k tax shield didn't have a benefit.
Posted on 3/4/15 at 11:48 pm to Volvagia
I don't think you're talking about the same thing. Retirement accounts are essentially taxed once, on either the front or back end.
An investment in stocks/brokerage account outside of those vehicles is taxed twice. Once when you bring the money home (income taxes) and again on the gains (capital gains). So yes, there is a huge difference.
An investment in stocks/brokerage account outside of those vehicles is taxed twice. Once when you bring the money home (income taxes) and again on the gains (capital gains). So yes, there is a huge difference.
Posted on 3/5/15 at 12:09 am to Volvagia
quote:
For a third time, I was only trying to disprove the notion that a taxable account needs to play catch up on day one because of taxes.
Not to stress you out anymore, but your example didn't prove anything.
In your attempt to simplify the topic, you made some pretty faulty assumptions. Everything was fine and dandy until you taxed the 401k @ 25% upon withdrawal...
/thread hijack
Popular
Back to top
Follow TigerDroppings for LSU Football News