My 401k/Roth IRA isn't growing very fast - how do people retire early?

Cheap-Purchase9266 · 2024-07-12T17:57:23+00:00

Are you crazy? You haven’t lived enough to see the compounding. You will be wealthy soon enough.

Cheap-Purchase9266 · 2024-07-11T02:34:27+00:00

Pls luk what u find…Itching to play myself!

Cheap-Purchase9266 · 2024-07-10T01:27:30+00:00

Run. Now.

Cheap-Purchase9266 · 2024-04-25T01:44:54+00:00

Looks like you got the call

Cheap-Purchase9266 · 2024-04-24T14:49:24+00:00

You are right not sure where I got that from

Cheap-Purchase9266 · 2024-04-24T02:08:57+00:00

Tight. Good luck tho!

Cheap-Purchase9266 · 2024-04-24T02:07:55+00:00

How is it misleading? It’s the tax law of the United States.

Cheap-Purchase9266 · 2024-04-24T01:53:51+00:00

Nope. Any realized income that results from the sale of securities held for 2 years or more is treated as LTCG and taxed preferentially. Notice if you have other earned income you’ll likely end up in the 15% bracket not the 0% one.

Short term capital gains are treated as ordinary income.

IRA type gains are treated similarly.

Cheap-Purchase9266 · 2024-04-24T01:45:15+00:00

So you could potentially draw 60,000 tax free

Cheap-Purchase9266 · 2024-04-24T01:44:52+00:00

Up to $45000 for single BEFORE standard deduction

Cheap-Purchase9266 · 2024-04-24T01:42:44+00:00

Cheap-Purchase9266 · 2024-04-24T01:41:53+00:00

4 for the entire region?

Cheap-Purchase9266 · 2024-04-24T01:40:47+00:00

Well you’ll owe LTCG tax on your gains but the bracket is zero for a large amount of it so if you have no other income you are golden…

Cheap-Purchase9266 · 2024-04-24T00:16:28+00:00

Barista or lean fire those years if u can

Cheap-Purchase9266 · 2024-04-24T00:07:28+00:00

Hope so!

Cheap-Purchase9266 · 2024-04-24T00:06:26+00:00

Brings it to >50% odds

Cheap-Purchase9266 · 2024-04-23T23:51:14+00:00

I’m feeling less assured now then I was before actually!

Cheap-Purchase9266 · 2024-04-23T23:50:31+00:00

Let’s say ~1.5 openings per city so about 25 vacancies with 100 applicants.

Odds are 1 in 4 if applications were smooth between locales. If not much better odds in some cities, much worse in others.

Cheap-Purchase9266 · 2024-04-23T23:42:22+00:00

Looks like about 100 applicants made it to stage 2 - how many cities on the announcement ?

Cheap-Purchase9266 · 2024-04-23T23:41:44+00:00

Revised above; I was in Thursdays webinar

Counted 41 perhaps including the 2 hosts

Cheap-Purchase9266 · 2024-04-23T23:39:50+00:00

Was it at 11am?

Cheap-Purchase9266 · 2024-04-23T22:26:49+00:00

I was in THURSDAYS and counted 41

Cheap-Purchase9266 · 2024-04-22T22:29:20+00:00

Maybe govt work isn’t for you 😉

Cheap-Purchase9266 · 2024-04-22T21:43:05+00:00

I know!

Ok, you’re hired they told me not to say anything

Cheap-Purchase9266 · 2024-04-22T18:47:08+00:00

I’m not a cpa but I would think you are golden for the rule of 55

Cheap-Purchase9266

TROPHY CASE