Are you still on track to hit your financial goals?
I'm still in credit card debt.
>>62387992i wanted to be a millionaire by 30. im 32 and currently all i have left is 3k LINK and 10k cash. unless something extraordinary happens, im never going to make it.
i'm going to be in cc debt my entire life unless I make it because it's the CC company's problem, not mine.desu if I DIDN'T let /biz/tards convince me memory stocks were a dead end 8 months ago I would have literally already made it.
>>62387992if i modify my goal to be destitute by this time next year, then yes
Factoring in a 2008 style crash sometime in the next 5 years, no.If it just carried on as it is now for the next few decades, yes.
>>62387992I gave up on owning home, I'm going to continue living with my parents. I can "afford" a $400k home but I don't really see the value in it.
>>62387992I wanted to be millionaire before I retired. Just crossed $3.5m and still have a long time to go. Unfortunately most of that is in my 401(k) accounts. Don't be like me - put a fair chunk of your retirement investments into an ordinary brokerage account so you can retire early if you want.
>>62388025Thing is, this place fuds you out of 100% of every investmentA small set of those end up mooning; take that as you willStart trusting what you see with your own eyes, anon.
>>62388054Remaining a man child forever isn't the only alternative. You can buy a $200k home. Or rent an apartment. Lots of ways to be an adult besides living in an overpriced house.
>>62388084>be an adultwhat's the incentive in this? I personally have a 2bed/2bath apartment, but my family is too low IQ to be around and I make good money from an easy wfh tech job in a LCOL area so it's negligible. In any other circumstance I wouldn't bother moving out.
>>62388069why don't you setup a roth conversion ladder and at least get it in 5 years tax free?
>>62388023sell that LINK
>>62387992yes
>>62388140Roth conversions are of questionable legality. They aren't being prosecuted yet, but the loophole they're using is kind of iffy. Roths are about to get a lot of legal scrutiny once Peter Thiel starts cashing out his $22B Roth account.
>>62388125howd you get that job? I've been looking forever and got nothing. Maybe I'm looking at the wrong job titles
>>62388204Not sure what you mean. Roth conversion ladders are explicitly authorized by the tax code. The ability to convert pre-tax IRA money to a Roth IRA has been a deliberate, written feature of the Internal Revenue Code since 1998. The IRS publishes detailed instructions for Form 8606, which you file each year to report a conversion. They literally walk you through the process step by step.Peter Thei's situation was him buying founder shares of private companies in his Roth IRA. Even if Congress cracked on doing this, which is lottery tier for most, it would only affect future contributions or cap balances going forward.>>62388207get a tech degree a decade ago while doing a few internships and certifications, get a job that requires all that, be in the middle of covid, apply to remote jobs, get an interview, prep like crazy for the interview, get the job, negotiate higher pay, sign the papers, done.
>>623880264pBp
