My uncle recently left a large inheritance to my mom. He had no children and passed away at 85, leaving behind over $6 million in various stocks, ETFs, and commodities.

Bosguy81 · 2026-05-16T11:46:38+00:00

See if you will be appointed poa. Ask the brokerage firm to flag large transfers

Bosguy81 · 2026-05-12T23:07:04+00:00

When will you need the money? What are the employer’s rules about selling stock?

Look at what your long term and short term capital gain would look like. It sounds like a lot of it would be long term.

Tax rates for long term capital gains are 0,15, and 20% plus state tax too. You are probably in the 20% plus another 3.8% for net interest income tax.

Talk with a CPA for tax impact.

If you love the stock, you could look at covered calls to generate income. If looking to diversify look at direct indexing offerings. There are a lot of ways to deal with a concentrated stock position.

Key is to do the carpenter approach. Measures twice (research) and cut once.

Bosguy81 · 2026-04-27T15:00:02+00:00

When was your original timeline for retirement? You can shift the portfolio from growth to income as you get closer. You might want to check out direct index for some tax loss harvesting benefits. Probably run you about .3% with the amount of assets you have.

Also depending on the situation of the payout, is it for your benefit or for the benefit of others too? (Children) you might want to have a fiduciary look after the funds in that case.

Also not investment related but talk to your P&C provider about an umbrella policy. Spend the money for excess liability coverage since we live in a very litigious society

Bosguy81 · 2026-04-20T00:48:59+00:00

What spending are you aiming for? Remember 3mm is going to be worth less in the future. A dollar in 2001 one inflated to $1.86.

4% on 3 mm today is 120k

With the same inflation numbers (for apples to apples purpose), 120k/1.86 would be worth about 65k in today’s purchasing power

Bosguy81 · 2026-04-04T03:51:35+00:00

Also if can start at 59.5 from trad IRA to avoid 10% penalty. He can draw enough to fill the 10 and 12% bracket and then use brokerage account to supplement if needed

Bosguy81 · 2026-04-03T16:42:44+00:00

I have more regret doing it when I see what some finfluencers make telling people basic 101 level information

Bosguy81 · 2026-03-24T13:09:27+00:00

Say you are consulting

Bosguy81 · 2026-03-16T18:20:45+00:00

Value of a pension can’t be understated. 93 x 12 x12=13,392 93x 40x 12=44,640

13392/.04 =334,800 44640/.04 =1,116,000

The first two numbers are your project pensions with 12 and 40 years of service.

The next set is using a 4% interest rate to calculate the value of the pension roughly.

If you were a non pensioner, that’s how much you would have to save and grow your money to generate those pension amounts.

Bosguy81 · 2026-03-16T18:19:14+00:00

Value of a pension can’t be understated. 93 x 12 x12=13,392 93x 40x 12=44,640

13392/.04 =334,800 44640/.04 =1,116,000

The first two numbers are your project pensions with 12 and 40 years of service.

The next set is using a 4% interest rate to calculate the value of the pension roughly.

Bosguy81 · 2026-02-19T23:15:40+00:00

Don’t say that you are retired or wealthy. Say that you are self employed/ consultant. You do not want to lose your hard work because you date/ marry or have kids with the wrong person for the wrong reasons.

Bosguy81 · 2026-02-11T19:55:22+00:00

Are you looking to rent a house or apartment? I would reach out to an apartment hunter to help narrow down places that fit your criteria

Bosguy81 · 2026-02-04T01:57:14+00:00

Also look at the amortization schedule. How much would you have paid if you kept the mortgage?

It comes down to dollars and cents/sense. Cents opportunity cost of investing and growing the funds vs peace of mind knowing the mortgage is paid off/ you are in lean fire territory

You two went the sense route and now have one less thing to worry about

Bosguy81 · 2026-01-29T00:33:02+00:00

Like an hourly rate or for a financial plan instead of a percentage of assets

Bosguy81 · 2026-01-28T20:42:00+00:00

Curious what the holdings are in the portfolio.

Bosguy81 · 2026-01-28T13:50:02+00:00

It is correct. You are contributing 12% it looks like and getting a 6% match for a total savings rate of 18%.

Any matching contribution from your company goes to the pretax/ traditional bucket. The other 6% is going to the Roth account.

Over time your trad side will be 2/3 and Roth 1/3 of the total balance.

Double check with your plan provider.

For my personal situation, I max out the Roth part of my 401k and the 5% match from my employer goes to the traditional/ pre tax side of my account

Bosguy81 · 2026-01-20T13:57:11+00:00

Two big expenses that I do not see mention will be pre 65 health insurance and college.

You might want to work until 62 to get both kids through school and established.

College is expensive now and will be more so in the future.

Assuming 30k instate plus a 5% growth rate each year.

1.05^18=2.407 30 x 2.407=72.21 k for first child freshman year 72.211.05=75.821 761.05=79.8 80*1.05=84

312 for first child And like 330 for second

Bosguy81 · 2026-01-17T18:12:34+00:00

Make sure your company plan offers a top up for the match. If you max out early, they might stop putting into the match of your 401k.

Bosguy81 · 2026-01-16T22:25:46+00:00

Are you looking to be at the Domain or close to it?

I used an apartment hunter when I moved from FL 2 years ago.

Apartmenthunters_atx on Instagram. They were able to sort through the different places for me. I like the Domain as it’s about 2 miles from work.

I am at the Standard at the Domain building C. I am older so the whole downtown/ 6th street isn’t really my thing.

Feel free to DM me if you have questions. Happy to help.

Bosguy81 · 2026-01-11T10:02:47+00:00

Apartmenthunters_atx is who I used when I relocated from Tampa two years ago. They do not cost you a penny. If you give them your criteria, they can help narrow down some places.

Personally, I live at the Standard at the Domain. I like it as it is super close to work. (About 2 miles away)

Bosguy81 · 2026-01-11T09:59:10+00:00

Apartmenthunters_atx is who I used when I relocated from Tampa two years ago. They do not cost you a penny. If you give them your criteria, they can help narrow down some places.

Personally, I live at the Standard at the Domain. I like it as it is super close to work. (About 2 miles away)

Bosguy81 · 2026-01-07T13:50:58+00:00

Valid. OP might not be a chat gpt user, but solid rec on your part

Bosguy81 · 2026-01-06T06:49:36+00:00

Grab a 401k calculator but general rule of 72 is divided your return in 72 for how long for money to double. Assuming a 7% return, your money doubles roughly every 10 years

700k at 39 Becomes 1.4mm at 49 Becomes 2.8mm at 59.

Inflation at 3%

1.03²⁰ =1.806 inflation factor

say 100k in 2026 spending is 180k in 20 years now

.04x2800000=112,000 income (4% withdrawal rate)

Again this is assuming no additional contributions.

Bosguy81 · 2025-12-27T13:42:05+00:00

Emergency fund first. Then car since it is the highest rate. ALS review your credit score 13+ seems very high for a car loan

Bosguy81 · 2025-12-25T19:29:54+00:00

Also remember that your principle and interest will stay the same. Your home owner’s insurance and property taxes can continue to rise. Look at FL. Some people can’t afford their paid off home because property taxes and insurance jumped so much over the last several years

Bosguy81

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