- 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
0
Posted on 2/11/20 at 11:15 am to TorchtheFlyingTiger
quote:
Unfortunately OP is getting showered with down votes
The first responders were hesitant to share information and mostly were with the "none of your business attitude", then the responses got better.
Posted on 2/11/20 at 11:16 am to zippyputt
This is not a correct statement. My income should preclude me from any Roth contributions, but it does not. The “back door” method should get you into Roth’s without any issues at all. We take the portion of my 401k that is invested in after-tax monies and they roll that into a jumbo back door ROTH. We also make contributions for my wife and me that get rolled into a traditional IRA and then into a ROTH. It can be done - legally.
Posted on 2/11/20 at 11:17 am to BabyTac
On second thought, OP deserves all the down votes for starting this thread and never bothering to post his own numbers 
Posted on 2/11/20 at 11:19 am to BabyTac
29
About 12k in mine and 30 something in my husbands.
Probably nowhere near as much as we should have.
About 12k in mine and 30 something in my husbands.
Probably nowhere near as much as we should have.
Posted on 2/11/20 at 11:59 am to BabyTac
32
Not enough. Will probably be dead before I can ever retire anyway if I'm being completely honest. However I should preface that with I graduated college in 2010 with 0 student loans and have a fully paid off 2013 Honda which I bought new in 2013 that only has 40K miles. The only debt I have is my monthly credit cards which I pay the statement balance on each month. My credit score is around 780. I also have $8K just sitting in a credit union which is a total waste but it's there.
Not enough. Will probably be dead before I can ever retire anyway if I'm being completely honest. However I should preface that with I graduated college in 2010 with 0 student loans and have a fully paid off 2013 Honda which I bought new in 2013 that only has 40K miles. The only debt I have is my monthly credit cards which I pay the statement balance on each month. My credit score is around 780. I also have $8K just sitting in a credit union which is a total waste but it's there.
This post was edited on 2/11/20 at 12:15 pm
Posted on 2/11/20 at 12:12 pm to TypicalDenhamMama
You dont need 5 MM to retire comfortably. Start with 10% and you will be fine.
Posted on 2/11/20 at 12:16 pm to AUCE05
quote:
You dont need 5 MM to retire comfortably.
Stay in your lane.
Posted on 2/11/20 at 1:28 pm to Janky
31. $129,000
I started when I was 24 and have really enjoyed watching it grow. Currently putting in 16% and my company just increased the match from 4 to 9 percent.
I started when I was 24 and have really enjoyed watching it grow. Currently putting in 16% and my company just increased the match from 4 to 9 percent.
Posted on 2/11/20 at 1:29 pm to tigersaint07
quote:
my company just increased the match from 4 to 9 percent.
That is awesome. You are welcome.
-Trump
Posted on 2/11/20 at 10:30 pm to Janky
Definitely a nice bump
Posted on 2/11/20 at 11:33 pm to AUCE05
quote:
You dont need 5 MM to retire comfortably.
No you don't. But if you have it life is easier.
Posted on 2/12/20 at 12:04 am to aTmTexas Dillo
As of today my ROI is 13.2% - Yuge.
Posted on 2/12/20 at 12:10 am to BabyTac
quote:here and now....
Let’s here it baws
Posted on 2/12/20 at 12:12 am to lucaslsu
quote:
my ROI is 13.2% - Yuge.
Most people were close to 20% last year...
Posted on 2/12/20 at 12:22 am to NYCAuburn
Aside from 401k ...
Strictly other portfolio investments
Strictly other portfolio investments
Posted on 2/12/20 at 4:58 am to BabyTac
30
401k - $45k
Roth - $27k
401k - $45k
Roth - $27k
Posted on 2/12/20 at 4:59 am to Brobocop
tree fitty
Posted on 2/12/20 at 7:14 am to sosaysmorvant
Everyone's situations are different
No absolutes on this subject
No absolutes on this subject
Posted on 2/12/20 at 7:25 am to StreamsOfWhiskey
But you pay tax on that previously un-taxed income when you convert correct?
Page 10 of 12
Popular
Back to top
Follow TigerDroppings for LSU Football News