god forbid you want to put anything away for a rainy day
In what world is $54k in your pocket barely enough for expenses?
>>533769805Probably lives like a nigger spending all his money on bullshit. Also why do you need a max 401k?
>>533769878Investing in the stock market makes more money than stuffing your cash under your mattress. Some of us have actual jobs, anon
>>533769980lollmao even
>>533769980>give me 1/3 of your yearly net goy, to beat the (((inflation))) we create>we pinky promise you can have it back in 40 years :)retard
>>533769805And in that scenario he already but 25k away for a rainy day, albeit one after age 59.5 or with a qualifying exemptionThough I would say that $54k isn't exactly a ton for a household with kids, a mortgage, and student loans. That doesn't really leave room for frivolous spending.
>>533770041>>533770038You leave to be 18 to post here
>>533769805>In what world is $54k in your pocket barely enough for expenses?In the world of 1PBTI demoralization threads on 4chan that will be given 300 angry (You)s by screen-addicted NEET shutins. The important thing is to recognize yourself as the victim of circumstances beyond your control, understand that nothing you can do can change anything for the better, give up, and be angry all the time and never stop being angry.
>>533770041I guess you're not an adult yet. But you would be losing even more money if you didn’t invest it. It's ok, you'll grow up one day.
>>533770041people like you are the worst. you think you're right but you couldn't be any more wrong. all you wanna do is be an asshole.
>>533770139I invest 50% or more of my money in the stock market and he is right, you (and me) are essentially gambling
>>533770106You don't have to wait till 59 to use your 401k as a rainy day fund. There is no penalty for borrowing from it as long as repaid in 5 years. So OP has $25k per year of emergencies funds he can access.
>>533769731Americans have to contribute to their own retirement fund? Yikes.
>>533770267>admitting you invest like a total retard>>533770272>borrowingAlso there are financial hardship exceptions. Emergency isn't necessarily the same thing as a "rainy day" but i see your point.
>>533770287Only white millenial Americans. Everyone older gets social security (which will be cut after boomers die) or lifelong gibs.
>>533770267>gamblingAre you a retard investing in individual company stocks? VTSAX and chill bro
>>533769731Imagine being a europoor and looking at OP complaining.
>>533769731Does your medical insurance still have to come out of the $57k or is it included in the "FICA" part?
>>533770041They are mad because you are right.They will be correct their entire lives, and then their children will realize that they inherent the jewish debt baked into their parent's investments. It's happened before and it will happen again.
>>533769805$2800 mortgage and $500 car note will really eat into it
Ya, OK. lol
>>533770267>gamblingYeah, it's a huge gamble whether or not people will still need to buy things like oil a year or two from now.
>>533769731>maxing your 401k>not just max matching it for free moneyLel
>>533770643Living in a nice high trust white area is expensive
>>533769805One where buying a truck is 80k and going out to eat with 4 people is $200, and the one where the houses cost $300k for a dump that needs all sorts of work. You don't seem like you know a lot about expenses.
>>533769878it is, if ever you look at business/financial news you occasionally come across those clickbait articles that go along the lines of "broke on a joint income of 400k!" and then it turns out they were burning through it all like there's no tomorrow, living far beyond their means, and taking out loans left and right to keep it afloati click on these every now and then to see what they were spending on, and it's always just fruitless spending on homes/cars
case in point, >>533770838 this fucking retard right here>overpriced npc mobile>trash house>takes the whole family of goblins out for soi slop humiliation dinnerthis person doen't matter, could die today and nothing would change
>>533770221He's right though.Generally speaking it's better to have control of the money.If the Company is matching, yeah sure go up to the match limit. The match makes it worth it generally.Otherwise the main benefit of Roth is tax-free growth. But for a young person it is *risky*.>Government Counterparty Risk: no incentive for Government taxation policy to be time consistent for Roth.In particular Bernie or AOC could come after it.>Liquidity Risk: You risk being exit liquidity for Boomers, because that's who is taking money out.Traditional IRA doesn't have the Government Counterparty risk, but growth is not tax free, and it's still Boomer exit liquidity.You can tax bracket target with Traditional though.
>>533770539That part is to pay for other people, he still has to pay for his own insurance. Most jobs paying 100k cover at least half of the cost. Between car, home/rental, and health that's at least another $5k of payments he's required to make to exist even though it's not a tax
>>533770953What do you think would change if you died? Who would even notice?
>>533770041They're angry that you are correctly identifying the systematic problem, and they are too mind-trapped to think it is an issue worthy of complaint.
>>533770041kikes big mad at this post
>>533770838>house>300ktry 500k+ for anything that isn't a trailer home
>>533770176>T. Corporate CIA shill trying to do damage control for how utterly fucked America's economy is.
>>53376973157k would last me at least 4 years
>>533769805average rent is 18-24k per year. now you have 30k~ and still need to pay for car, fuel, insurance, utilities, food. good luck having a family while making 10k per year after basic necessities, and don't get sick :^) oh yeah, cost of living just tripled under the latest kike controlled leader installment.america is a fourth world country
>>533770857>clickbait articles that go along the lines of "broke on a joint income of 400k!"My brother worked at the Pentagon for a couple years and he assured me that it is actually very common. Couples with upper middle management government or government adjacent jobs literally one paycheck away from dodging the repo-man. Ironically the same people who who couldn't save 200 a month when they were earning 2000 a month just with more zeroes. It's called living "nigger rich" and the most extreme cases can be seen with minstrels or athletes. Like Mike Tyson pissing away 400 MILLION on a tiger collection and an entourage then owing the IRS 20M.Being broke and in debt is always 100% self inflicted and people who have that nigger-wired brain literally will never accumulate wealth regardless of their income.
>>533772157To be fair paying taxes is gay and should be avoided
>>533771518How much are you paying for rent, food, utilities, insurance, and a vehicle? What do you do for work?
>>533770041Damn the jewish spies are angry at this one kekDon’t mind the kikes brother u are right
>>533771385Hes literally posting the stock images provided by his employer lmfao
>>533772382>Everybody who isn't a demoralized failure works for the CIA.Well obviously you're not going to be fooled into leaving mommy's house and doing something with your life. You're way too smart for that.
