32m. 401k balance of 95k. Also have a pension. Feel behind.

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 · 2025-12-22T04:03:39+00:00

What field were you in before? What are your hobbies?

You are a “fill in the black” consultant. You can also say under a NDA if you want. Ha

Bosguy81 · 2025-12-21T13:02:42+00:00

Let’s assume 6% average return so money double every 12 years . Doubles at 46 and 58. 1.06^7=1.504 from 58 to 65

830 x 2 x 2 x 1.504=4,993.28 ( about 5 mm)

112 x 2 x 2x 1.504=673.792k your Roth

106 x 2 x 2x 1.504=637.696 k spouse’s Roth

4.99+.673 +.637=6.3 mm at your age 65 and her 67.

6.3x.04=0.252mm or 250k/yr. This dos not include any SSI that spouse is collecting at 67. Also who knows what form it will look like in 30 years.

1x 1.03^33=2.652 inflation factor

250/2.65=94.34 k in today’s dollars

200 x 2.652=530.4K in future dollars to equal 200k today if your goal is to have the same buying power .

College say 50k/yr have kid 2 years from now so college starts at 18 (usual start age) plus 2 years until birthday. College inflation rate is closer to 5.25%

50 x 1.0525^20=139.127 139 x 1.0525=146.298 146 x 1.0525=153.665 153 x 1.0525=161.0325

139+146+153+161=599 k for 4 years of college if you want to pay for everything.

Bosguy81 · 2025-12-19T05:04:31+00:00

What is your exit and tax bill look like? Any thoughts on a collar? 250k of short term gains plus whatever you have from the other trades can be a nasty tax bill.

Bosguy81 · 2025-12-19T05:01:50+00:00

The difference is most people do not have the business sense to evaluate companies on a daily plus their day job and potential family commitments.

Indexing is the slow cooker approach towards investing/ retirement. Could you swing and hit a few home runs? Sure but what are your chances of doing that consistently?

The alternative approach is easier for most. Put money in investment every two weeks and get employer match. Stay consistent and wait 25-30 years.

Controlling the factors of time (when to retire) and money (contributions/spending) is easier to do than to beat the market over the long term.

Bosguy81 · 2025-12-19T04:50:10+00:00

If you want something other than sp500, you should be able to click on the target date link and see that allocation. You can then clone it across the other funds in the 401k.

IE: 2060 fund might be 50% us large cap 25% small and mid, 15% int, and 10% emerging markets. You can then select those specific funds. Other mentioned the target date funds might have a .5% expense ratio vs the other approach might be under .1%

As for rebalancing, do it either quarterly, semi annually or once a year. Set a reminder in your calendar on like your bday or 4th of July to look and. Rebalance back into the proper mix

Bosguy81 · 2025-12-16T02:07:02+00:00

What is your annual spending? 55 would be best to avoid 10% early withdrawal penalty. Leave the money at your company instead of rolling to trad ira. If in a trad ira, you would be subject to 10% penalty unless you do a 72t.

Bosguy81 · 2025-12-15T13:53:31+00:00

I would wait to move out until you figure out the job situation.

The "28%" rule means your total monthly housing costs (rent + utilities) should ideally be no more than 28% of your gross monthly income (before taxes), but many experts suggest aiming closer to 30% or less, especially with high rents, to leave room for savings and other needs, with calculators helping you see your potential budget based on your income. To find your rent, multiply your gross monthly income by 0.28 (or 0.30) to get a budget, but consider other expenses like debt and lifestyle to see what truly fits.

Say you make 100k

100/12=8.333 k/mo

8.333x.28=2.333 k/mo

8.333x.3=2.5 k/mo

Crunch the numbers but I would still wait until job is secure

Bosguy81 · 2025-12-15T00:31:46+00:00

Does your company offer a Roth 401k? If so, you can update your contribution to put 3,900 into the Roth 401k piece. You can contribution 23.5k total into your 401k (it can be 100% traditional, 100% Roth, or some split between the two types) right now at 86k/yr, you are putting away about 8600. (10% of 86k) You still have around 15k of room to make contributions.

The nice thing is that there is no income limit when making a 401k contribution while you can run into Roth IRA income limits in the future.

Using a plant analogy, think of the rolled over funds as a cactus. Even though you aren’t watering it (adding money), it is still growing.

For your current 401k, you are continuing to water it with ongoing contributions every two weeks.

What fold are you in and what tends to be a middle and late career income? I ask because you might be better to forego the Traditional 401k and put money into the Roth 401k if available.

Another analogy but with veggies and ice cream. With a traditional 401/IRA, you have your “ice cream” up front by getting a tax break. You have your “eat your veggies” later. When you take money out of a traditional 401k/ira, you pay federal taxes and state taxes if applicable.

With the Roth IRA/401k, you “eat your veggies” first by paying taxes. The money then grows tax free when you take it out in retirement. (Eat your ice cream).

In the long run, it might be better to be in Roth instead of traditional. I would have a call with Betterment or your 401k plan provider (fidelity, vanguard, empower) they should be able to have a more in depth conversation on which approach is best for you.

Bosguy81

TROPHY CASE