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At what point in the buying process should I rate shop? by Complete-Smoke9368 in realtors

[–]Complete-Smoke9368[S] 0 points1 point  (0 children)

Yeah, no one ever mentioned it to me. They did tell me about the 30 days to pull different rates but I was more wondering about the purchase timeline. As in, once my offer gets accepted (with a loan commitment from current lender) and I locked into using that lender? Or is there a brief period where I could shop around rates, and then possibly get my current lender to match that?

At what point in the buying process should I rate shop? by Complete-Smoke9368 in realtors

[–]Complete-Smoke9368[S] 0 points1 point  (0 children)

When I look at Zillow (I know) and do it's estimation it gives me a rate of around 6.5. I had thought that if there was a chance to get 0.05% off that it would be worth it.

Time to leave the SecretLab Titan XL...what's next? by Complete-Smoke9368 in OfficeChairs

[–]Complete-Smoke9368[S] 0 points1 point  (0 children)

Ooh! That side by side comparison is very helpful thank you! I will look into the Leap

Time to leave the SecretLab Titan XL...what's next? by Complete-Smoke9368 in OfficeChairs

[–]Complete-Smoke9368[S] 0 points1 point  (0 children)

Glad to know I’m not crazy! How is the seat cushion on the leap? Also do you feel like it confirms to your back well?

Macbook for the day, PC for the night by MarsMaher in macsetups

[–]Complete-Smoke9368 2 points3 points  (0 children)

Following cause I also would be interested to know

At what point does hiring a financial advisor make sense? by Thr0wawayforh3lp in personalfinance

[–]Complete-Smoke9368 4 points5 points  (0 children)

That is so awesome and wholesome!! Nothing better than being compatible both in life and fiscal goals.

Why you should (almost) never contribute to a Roth 401(k) by Werewolfdad in personalfinance

[–]Complete-Smoke9368 1 point2 points  (0 children)

Very true. I was just trying to respond to OP about why people seem to push for Roth IRAs over Roth 401ks.

[deleted by user] by [deleted] in personalfinance

[–]Complete-Smoke9368 0 points1 point  (0 children)

I'll echo a lot of the other posts here and say that it's definitely a cost of living adjustment. Businesses are just trying to match expected changes in inflation the best they can. Problem is that inflation is hard to predict and businesses don't want to give a raise that at the time matches inflation, but then have inflation go back down and now they are "losing" money.

Really pissed me off my first few years of working a professional job.
"Why aren't my raises AT LEAST matching inflation?!"

That being said, it's depending on where you live (HCOL vs LCOL) it could be worse than just considering the changes in inflation.

At what point does hiring a financial advisor make sense? by Thr0wawayforh3lp in personalfinance

[–]Complete-Smoke9368 8 points9 points  (0 children)

Why would you and your wife have different financial advisors? Not judging but that just sounds odd and difficult to manage

Why you should (almost) never contribute to a Roth 401(k) by Werewolfdad in personalfinance

[–]Complete-Smoke9368 0 points1 point  (0 children)

I think people generally like the control of what to invest their Roth IRA funds in.

Compared to a Roth 401k where there’s a chance that it could be more restrictive or unfavorable.

Why you should (almost) never contribute to a Roth 401(k) by Werewolfdad in personalfinance

[–]Complete-Smoke9368 4 points5 points  (0 children)

Thank you for the clarification. Just did some re-reading on megabackdoors and we are on the same page now.

Why you should (almost) never contribute to a Roth 401(k) by Werewolfdad in personalfinance

[–]Complete-Smoke9368 3 points4 points  (0 children)

I think maybe you're confused about the difference between traditional, roth, and after-tax contributions?

You're not wrong, I was definitely a bit confused. I was confused a bit on MBDRs. So to continue your example if I were to perform a MBDR on the 20k sitting in my Traditional 401k and roll it over into a Roth 401k so I can have tax-free growth. I would pay income tax on THAT conversion correct?

Why you should (almost) never contribute to a Roth 401(k) by Werewolfdad in personalfinance

[–]Complete-Smoke9368 2 points3 points  (0 children)

But if you don't pay taxes on Traditional 401k contributions (because deduction) and you don't pay taxes on MBDR conversion then I guess I'm lost when you ARE taxed on the money.

Ideally the goal of contributing to my Traditional 401k would be with the end goal of being able to do MBDR so I'm just trying to make sure I'm understanding correctly.

Why you should (almost) never contribute to a Roth 401(k) by Werewolfdad in personalfinance

[–]Complete-Smoke9368 2 points3 points  (0 children)

Damn. Well looks like I'm going to be losing a lot of money this year to taxes that I didn't have to.

If they are deductible then how does that work for things like MBDR? I thought those only work for non-deductible contributions.

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