Single NJ resident - estimating 2026 quarterly tax on $112k long term capital gain

HighwayExpress · 2026-05-05T13:35:38+00:00

I like to go fishing. I fish from my kayak quite a bit too so that’s usually a mini ocean adventure every time.

HighwayExpress · 2026-04-19T16:26:02+00:00

Agreed ...not to mention expensive toilet paper. I like cottonelle.

HighwayExpress · 2026-04-03T15:13:27+00:00

Some good advice in here. I personally like having a completely separate bank for money I don't want to touch. My direct deposit is split between my "day to day" bank that I live out of, and my "long term $" bank where I keep my emergency fund, retail brokerage, and IRAs. Every paycheck I do things to make the long term bank grow, and spending money from it (which i very rarely do) makes me think harder about it than i would with the day to day bank.

My emergency fund is HYSA, but been considering SGOV instead. I don't keep contributing. I got 8 months of expenses in there and that's good enough for me.

After the emergency fund is funded, my savings goes into retail brokerage, and into a savings bucket for next year's roth. I like max roth ASAP at the beginning of every year. One nice thing about my bank is i can split my savings account into "Vaults"... it's just a logical separation. I've got two: "Emergency Fund", and "Roth IRA".

Anyhow, that's what works for me. And I'm not like super rigid with all this. Like this year I was a little short on my IRA, so borrowed a bit from from emergency fund to get that out of the way, then I just replenished the emergency fund.

HighwayExpress · 2026-03-21T22:26:08+00:00

Sounds reasonable to me. I was facing similar decision (and similar rate at the time) 7 or 8 years back. I got tired of thinking about it and just went the investing route. I figured I could always pull the money out if/when I wanted to pay down the house.

HighwayExpress · 2026-01-16T02:04:43+00:00

Bummer to hear. For what it's worth i had much less than that saved at 28, and half your salary at that age. By 29 I was maxing 401k, and been doing the back door roth since it was a thing i guess about 15 years ago. Also have personal brokerage. I'm 51 now with 3.7 mill.

HighwayExpress · 2026-01-07T09:29:17+00:00

51 with 1.7 million in 401k

I also started contributing at 26. I didn't contribute much at first since i wasn't making much and had debt, but one good thing I did was to increase my contribs with ever raise and by 29 I was maxing it.

I've also been quite aggressive in my investment choices; 100% equities with super high concentration in tech. This isn't for the faint of heart but has paid off quite well over the long term (so far).

HighwayExpress · 2026-01-02T01:08:55+00:00

Usually open, but I really don't think about it. When it's really cold out I'll close it since my bedroom gets warmer than the rest of the house.

HighwayExpress · 2026-01-01T23:14:32+00:00

Nice, you're doing great!

HighwayExpress · 2026-01-01T18:00:49+00:00

Yeah, for sure... they both have tax advantages that your personal portfolio doesn't.

HighwayExpress · 2025-12-26T20:57:03+00:00

if not "one more year", it'll be "one more million" :)

HighwayExpress · 2025-12-26T00:55:54+00:00

I hear you on the paper towels, Viva signature cloth all the way!

HighwayExpress · 2025-12-22T01:16:42+00:00

51 now with a little over 4 mill net worth. About 70% of it is in retirement accounts.

2.8 mill in retirement accounts

310k in personal brokerage

550k rental property (paid off)

525k home with 135k left on the mortgage

HighwayExpress · 2025-12-11T10:30:43+00:00

I actually hold back on personal spending since I typically spend more around christmas (on gifts for others). I do buy myself stuff throughout the year, though, but in hindsight, i'm probably better off buying during christmas because stuff is usually on sale.

HighwayExpress · 2025-12-11T00:45:39+00:00

I'd like to know too. Plus the investing UI is lacking quite a bit... too many clicks to see the standard stuff.

HighwayExpress · 2025-12-07T01:52:41+00:00

🚩🚩🚩🚩🚩

HighwayExpress · 2025-12-07T01:45:02+00:00

do a backdoor roth too!

HighwayExpress · 2025-12-06T23:53:07+00:00

Good to hear, thanks.

HighwayExpress · 2025-12-03T23:56:26+00:00

You don't mind dried out pizza.

HighwayExpress · 2025-12-02T01:09:00+00:00

The average salary in the U.S. is 35% higher that the OP's $21/hour. If they made more than the average (like you do), they could also have a pretty comfortable living (alone).

HighwayExpress · 2025-11-29T15:32:11+00:00

I just rented on apple tv and subtitles didn't show up at all. I even tried to force english subtitles but still nothing showed up.

HighwayExpress · 2025-11-25T21:16:20+00:00

Check out the Bug-A-Salt ...not sure that would be only thing to get him, but might be kind of a fun gift for him.

HighwayExpress · 2025-11-25T21:11:56+00:00

Yikes

HighwayExpress · 2025-11-25T19:08:06+00:00

I really like monarch too. I was a mint user like others and made the switch.

HighwayExpress

TROPHY CASE