I do 11% of my 70k salary then my employer matches 4%I also max my Roth IRA and HSAThat's 22k altogether. I feel like I "should" do more but I want money in my accounts for living now too
>>62842127Buddy, you aren’t going to see your retirement account. I don’t have time to explain it to you, but I’m 37 and cashing mine out next month in a lower income year and taking my lumps. Best of luck anon, write me off as schizo and sleep easy
Max 401k + 457b + HSA + traditional RothAll the rest goes into tax brokerage account anyways. I only keep about 40k in the bank for emergency expenses.
>>62842127UK here but I've been stuffing my pension for the last few yearsI'm terrified of being made obsolete by AI
>>62842207For me its inevitable I have probably 10 good earnings year left. America has zero social safety net as well.
>>62842127you will never WAGMI
>>62842231Are you nuts, we’re the largest welfare state on Earth by far. You get money just for existing in retirement, which shouldn’t be the case but FDR thought a pyramid scheme would somehow benefit the country.
>>62842390>he thinks SS will exist in 20 yearsKWAB
>>62842127I make too much to contribute to a Roth.I don't contribute to a 401k. The negatives imo outweigh the positives. Others may differ on this, and that's ok, but when politicians start murmuring about seizing retirement accounts and putting the money into the Social Security fund "for our benefit" I take them seriously. I have several brokerage accounts that get around $8k/mo. Mostly index funds, with a few individual stocks for fun.
>>62842390FDR was a piece of shit. Look into his "emergency livestock reduction" order. Guy made sure the people were poor and starving to make way for WW2 and the new notion that war is good for business.
>>62842390For niggers and boomersNot for (you)
>>62842625worst president of the last century
>>62842127I work at Lockheed martin which is like 10% but vested for 3 years or something
>>62842625I still don't get why he didn't just give the pigs for free as meat rather than culling them, sure in the short term meat would be 'free' but in the long term meat would be at a premium
Kek. The retitement age will be raised 90 years old before you’re even in your 50s
>>62842127I think I do 15% last I checked. Then Max the IRA at the start of every year, the. Invest into a brokerage account when and where I can.
>>62842127What's a 401K?
>>62842127>max my Roth IRAThis is actually impossible given the backdoor roth investment.
>>62843667Actually, it’s 70k per year
>>62842127I bonds every year is another $10k
>>62842127wage cuck shit. save up until you can take a year off with some capital. in that yeardo everything you can to make it and escale the rat race
>>62843433>still don't get itbecause hes a Jew who hates christians
>>62842127nigga you gotta be old af to cash that out>red idngmiimo anything beyond the match is a bad ideawhy a roth ira over a traditional one? are you planning to be working when you retire?i presume you make no other investments outside of this which explains a lot
>>62842127Contribute the minimum to get company match. Everything else goes to a taxable brokerage so I can buy, borrow, die max. Fuck the taxman.
>>62846856This Turns out to be about 9% of my salary, which is currently 125k so I’m doing pretty well. Getting close to the point where even if I stop contributing altogether, it will compound to 7 figures in 20-30 years.
>>62842390You're talking about the tax negative folk.
>>62846919onceyu get into your 50's and all your frerinds are dying every month seems like, you start to wonder if youre even gonna make it to 60...i wish i traveled and did more when i was young... im filled with so much regret
>>62847761The only thing I regret are my many sins and failures to do the will of God. The only fear I have is the eternal judgment of God. Lord, have mercy. Christ, have mercy.
>>62846919I always laugh at the fags at work who are 401k maxxing and try to explain they're going to get absolutely cucked on taxes.
>>6284212725% of my salary and I max out the ira. This year I will bend the knee and get healthcare from the marketplace for an additional $8000 in assistance from the taxpayers. I make $52k a year.
>>62842127Eurozoomer here, never heard of this.
