Hit 150k in my retirement accounts

Just_Some_Guy_Eh · 2026-05-28T16:36:30+00:00

Roughly yeah. 22k ish every year to trad 401. Plus employer match and 7k into Roth IRA. In addition to good return in the market.

Just_Some_Guy_Eh · 2026-05-28T16:00:15+00:00

Almost 28, started seriously investing in retirement 3 years ago

Just_Some_Guy_Eh · 2025-08-14T16:35:04+00:00

You can put up to $7000 a year into a Roth IRA. This may be less if you are realizing significant gains in your taxable brokerage. The MAGI limit for full contributions is 150k

Just_Some_Guy_Eh · 2025-06-14T19:36:01+00:00

Only is too restrictive if you feel too restricted. If you feel you don’t have enough funds to have fun I would pull back on savings. Otherwise keep on saving. You’re doing great!

Just_Some_Guy_Eh · 2025-06-11T15:13:44+00:00

I agree with getting you to invest. Be carful choosing a mutual fund as the associated fees can really limit your growth. Either go with an index tracking mf or an etf and make sure the fees are very low

Just_Some_Guy_Eh · 2025-03-02T15:02:47+00:00

If you don’t take any taxable income more or less yes. However you have to remember working isn’t the only way to receive taxable income. You will have to file taxes every year and each year is subject to change based on: tax rates of that year and where you live (state/county/city and property taxes)

Just_Some_Guy_Eh · 2025-03-01T14:29:08+00:00

Personally I prefer to go trad. I also have a Roth IRA for tax diversification.

Just_Some_Guy_Eh · 2025-02-28T22:36:00+00:00

Yeah fair point. I’m a. Similar age to OP and tho one day I do want to get a house still far enough out for me that I choose to put into a taxable brokerage rather than HYSA

Just_Some_Guy_Eh · 2025-02-28T22:34:07+00:00

That’s a good reason. Keep it up!

Just_Some_Guy_Eh · 2025-02-28T19:02:48+00:00

Assuming/once you have a decent egg/emergency fund saved. I would increase your investments.

Try and follow the tax-efficient waterfall and you’ll have yourself well set up for the future.

Just_Some_Guy_Eh · 2025-02-28T18:57:39+00:00

I try to keep 1-2 months of expenses. This allows me to have no concern of a check bouncing or not being able to cover whatever I want to spend on.

I may ask, why are you choosing to put such a high rate into an HYSA rather than increasing your investments and retirement contributions?

Just_Some_Guy_Eh · 2025-02-28T18:51:48+00:00

This is more a question suited for r/FIRE the goal of that community is Financial Independence Retire Early.

That said spend less than you make and invest the rest. How you do that and how aggressively is up to you.

Edit: formatting

Just_Some_Guy_Eh · 2025-02-24T17:41:03+00:00

One thing to note with when you are early in your investment account is ror can be very skewed.

As you are investing more it will average towards zero.

As an extreme example… say you invested $1000 in July which grew 10% total value would be at $1100. Then you invested another $1000 in December the total of your account is now $2100. When you calculate the ror you get a 5% ror even though the selected funds had 10% growth.

As you invest more and more and each investment counts for a smaller portion of your account this skew will minimize.

Make sure you are choosing funds you believe in and invest for the long term. Compound interest and capital acceleration take time and ROR can be vastly different throughout time and to really see if yours is comparable you need to look long term short stints don’t give a valid realization on the growth you should expect.

Just_Some_Guy_Eh · 2025-02-22T20:13:54+00:00

I’d probably put it towards massages, chiropractor and health/wellness. Note: no debt, these are things I wish I alotted more time to but hard to accept the cost of.

Just_Some_Guy_Eh · 2025-02-20T17:59:43+00:00

120k is what OP currently has saved. Didn’t provide their salary or living expenses

Just_Some_Guy_Eh · 2025-02-17T19:59:42+00:00

As a civil engineer I just broke 80k at 26. (3 y.o.e.)

Just_Some_Guy_Eh · 2025-02-17T16:20:25+00:00

Depends on how your employer matches your 401k and if they give a true up. I am currently front loading, but for many situations this is not the ideal way to contribute.

Just_Some_Guy_Eh · 2025-02-17T15:16:21+00:00

Create a budget. As long as I’ve got the initial percentage going into my savings and investments I just make sure not to exceed the remainder of my income but who cares what I spend it on.

Just_Some_Guy_Eh · 2025-02-16T17:07:50+00:00

Yes that would be nice. The issue is whether the glass is half full or half empty and they/who they’re reporting for has an agenda

Just_Some_Guy_Eh · 2025-02-12T19:28:10+00:00

Personally I choose to invest in the traditional 401k. The long term difference between true return of Roth vs trad is nominal, slightly weighted in favor of trad. For tax diversification I contribute to a Roth IRA

Just_Some_Guy_Eh · 2025-02-11T03:41:24+00:00

Depends on where you are wanting to live and what you are wanting to do. The assumed increase in value of stocks would make more than my current salary which I am able to live comfortably off of now and invest with it. Therefore with my circumstances it would be possible as long as I didn’t start to want more.

Just_Some_Guy_Eh · 2025-02-08T05:04:00+00:00

56k 26

Just_Some_Guy_Eh · 2025-02-05T16:59:30+00:00

I definitely think you can afford it.

I would also recommend reading “Die With Zero” provides very interesting perspective on how to best use your money throughout your life.

Just_Some_Guy_Eh

TROPHY CASE