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Started By
Message
re: Retirement Contributions. Do you agree with this chart?
Posted on 6/25/18 at 7:49 am to PetroBabich
Posted on 6/25/18 at 7:49 am to PetroBabich
quote:
What the heck am I living on if I'm saving that much?
good question. unless you are making alot of jack. you also have taxes along with living expenses as you stated that have to come from what you DO NOT put away. Remember, this board is not the norm. we have stated it many times. Also, many other people including myself do not follow that cookie cutter advice. we invest in RE, have or do private lending, tax liens, trade futures, etc as part of a diversified investment portfolio so money is spread around. I choose to put the most into what gives me the best returns. that is cash flowing RE.
It is not that the advice here is bad. it is not. but it is not easy for a regular joe to execute the advice here for the main reason you stated.
This post was edited on 6/25/18 at 7:51 am
Posted on 6/25/18 at 7:46 pm to Fat Bastard
I agree not to mention vacations and other fun interests.
My question is lets say you max the Roth and 401 but dont want to work until 60. Brokerage account?
My question is lets say you max the Roth and 401 but dont want to work until 60. Brokerage account?
This post was edited on 6/25/18 at 7:50 pm
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