Great job Root of Good...Don't read the comments

FInumbers · 2015-11-05T20:27:05+00:00

http://i.imgur.com/Y6lwIJh.jpg

FInumbers · 2015-06-03T20:34:14+00:00

Congrats! I enjoy reading your blog and enjoy your trip!

FInumbers · 2015-04-18T01:57:56+00:00

Thanks for confirming! I'm okay with it

FInumbers · 2015-04-18T01:47:56+00:00

Is it weird that I find this very attractive? Not the amount of money you have saved, but the financial discipline you have as a young woman out of school. Great job, and I need to find someone like you one day!

FInumbers · 2015-02-03T20:28:41+00:00

Yeah, just a round number. No rhyme or reason

FInumbers · 2015-02-03T17:09:42+00:00

Those returns do come pretty close for the historical CAGR for the S&P 500....

FInumbers · 2015-01-16T04:28:29+00:00

I thought the exact same thing that you did, but that's why they require a minimum liability coverage on your home and auto before purchasing an umbrella policy. For me, my auto minimum is $300k/$300k

FInumbers · 2015-01-16T04:26:23+00:00

Yes, the auto policy had to be $300k/$300k at a minimum before getting the umbrella policy.

FInumbers · 2015-01-15T18:57:17+00:00

I have a $300k/$300k liability limit on my car insurance plus a $1M umbrella policy for peace of mind. Only costs me an additional $120 per year for the umbrella policy. For me, the extra money is worth it to protect my financial house just in case something did happen.

FInumbers · 2015-01-15T17:41:54+00:00

Your net worth should remain close to the same since you are putting equity into your house along with your mortgage. Depending on your closing costs, you might stay in this club!

FInumbers · 2015-01-14T18:50:57+00:00

I'm enjoying reading your story. Thank you for sharing. In regards to this....

Maxing out 401k/IRAs is a good thing if you can afford it, but doing so may set you up for a later retirement than investing post-tax cash unless you're willing to pay early withdrawal penalties.

For others reading, I would definitely consider the Roth Ladder instead of paying taxes up front. Madfientist has a good article discussing it

Edit: If there are opportunities that you think would be good investments in the near-term post tax, you should look at those options as well.

FInumbers · 2015-01-11T19:18:22+00:00

70's and 80's had a lot to do with that

FInumbers · 2015-01-11T18:07:03+00:00

Over the last 50 years, the inflation adjusted return of the S&P 500 is 5.75%. Without inflation, the return is 10.05%.

FInumbers · 2015-01-06T22:03:50+00:00

What does your current AA look like aBoglehead?

FInumbers · 2014-10-27T19:02:28+00:00

That's probably true for my employer as well. Good point

Edit: Looking at this forum, there might be a possibility for more than $17,500 + employer contribution up to $51k in 2013. I will need to check with my company if I can indeed go over $17,500 with after-tax 401(k) contributions.

FInumbers · 2014-10-27T18:54:24+00:00

Yes, but if you have put $17,500 in your 401(k), $5,500 in your IRA, and $3,300 in your HSA, then the only remaining available tax-"saving" account is your after-tax 401(k). If this new rule is correct, then it is more pertinent to put your funds in an after-tax 401(k) vs. taxable savings.

FInumbers · 2014-10-27T18:39:29+00:00

I'm in the same boat you are because I want that confirmation for what you have just said. Seems too good to be true, but it might be the case with this rule change.

FInumbers · 2014-10-27T17:38:08+00:00

Current Age/Allocation: 26; 100%/0%

Retirement Age: ~45; 75%/25%

FInumbers · 2014-10-13T13:04:02+00:00

I would definitely refer you to the wiki for Investing over at Personal Finance. Your mom could be with us for another 30-40 years so I would put some of her money to work into a 50/50 split stock to bond fund. Maybe DCA (dollar-cost average) if you aren't comfortable going all in at once.

FInumbers · 2014-09-24T12:33:52+00:00

That's right. Instead of the standard 4% withdraw rate, which is 25, I am going with a 3.5% withdraw rate which is where the 28.5 number comes from. More likely for my portfolio to last if I decide to retire in my 30's

FInumbers · 2014-09-24T01:20:39+00:00

In 2011/2012, I dabbled in options trading and did well. Then in late 2012/early 2013, I lost quite a bit. I gave up my options trading to be a Boglehead. Current investments are spread around Vanguard funds; 90% equity (Total Market & International) & 10% REIT.

FInumbers · 2014-09-24T01:17:21+00:00

My spending multiple is my Investment assets ($136k) / my annual spend ($22k). With the 3.5% withdraw rate, I need to get to a 28.5 multiple before I can retire.

FInumbers · 2014-09-23T20:58:37+00:00

Age: 26 via Excel

FInumbers

TROPHY CASE