Niner

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Brokerage accounts are not retirement accounts, so withdrawals are taxable at your ordinary income tax rate.

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This is not correct.

Roth IRA/401k = tax-free withdrawals
Traditional IRA/401k/403b = taxed at ordinary income tax rate
Brokerage accounts = no tax on the withdrawal, only on the activity inside the account (capital gains, dividends, interest)

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Step one: find four friends

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Bruh, you saying you can name one couple making $30k a month now that’s gonna be cool living on 6k a month in retirement?

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Never said that. You're making a lot of assumptions you don't realize here.

Just because someone is in a certain bracket does not in any way mean they are spending every dollar they bring home.

Also, if someone is living on $30k/month while working, some of those expenses will go away (or more importantly COULD go away if they need to cut expenses) in retirement (college savings, retirement savings, non-retirement savings, mortgage hopefully, etc.).

Lastly, once they retire, they should have built up a chunk of non-retirement assets to pull from before being required to take RMDs. Non-retirement assets can be invested very tax-efficiently and don't generate any ordinary income when distributed for living needs. You just need to be careful of interest, dividends, and cap gains on sales.

Once RMDs start, their tax bracket may go back up slightly, but in most cases not anywhere close to what they were in their earning years.

NOTE: These circumstances vary greatly depending on what assets the investor is living on - rental income from 4 different properties, for example, would complicate/negate the situation described above.

Don't over-complicate it.

If you can meet your short- and long-term goals while also paying to go to your country club, then do it if you want. Like someone else said, if you join and feel like it's too much, resign your membership. Problem solved.

Consider also how much quicker you might be able to reach certain goals if you use the $280 elsewhere. That may be a reason not to join.

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Oh look here’s the dumbass

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el Gaucho trolling is like the pictures at doctors offices back in the day that you had to study for a minute to see the picture. But once you see it, you can't unsee it.

As others have said, if you're just getting cash back, there is no financial reason to leave them on the card.

I got sign-on bonus a couple years ago with my Chase Sapphire with the intention of using the points for our 10-year anniversary this year. 130k points later and we're going to an all-inclusive resort in Punta Cana using only points. (Southwest flights are cheap at the right time of the year and Hyatt points are insanely valuable as a transfer partner...)

I just started using Keeper after the LastPass debacle and I have zero complaints so far. Works perfectly on my Pixel 6 Pro and browser extension.

One interesting thing it does better than any other password manager I've used is walking you through creating a new password for a site that requires you to every 6 months or whatever. Every other solution I've tried is terrible at that, but to be fair, I haven't tried all of them.

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Above phaseouts, both working. Cannot contribute to Roth IRA directly and cannot deduct Traditional IRA contributions.

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OK then you are doing:

Non-deductible IRA contribution > Roth conversion

You can convert as soon as the cash settles in the account from your non-deductible contribution. No need to wait any longer.

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instead to start with a specific project or outcome you want

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I'll echo this. There are too many videos to choose from if you have no direction.

I use excel multiple hours a day usually. I would consider my abilities advanced, but there are some "advanced" capabilities of Excel I don't know how to use well because they don't fold into my daily/weekly/monthly tasks.