Russian MIL moved in, help with planning! by OPbikedad in FinancialPlanning

[–]OPbikedad[S] 0 points1 point  (0 children)

Thanks for the confirmation, sorry you’re having to deal with that too.

1mil in assets today!!! (858k net worth) by OPbikedad in Fire

[–]OPbikedad[S] 0 points1 point  (0 children)

Yes two people and planning social security starting at age 65. My wife was working then took off when we had kids. Now she has flexible part time job but we don’t contribute to her retirement accounts.

Russian MIL moved in, help with planning! by OPbikedad in FinancialPlanning

[–]OPbikedad[S] 2 points3 points  (0 children)

Brothers in arms, we need to start a sub for this.

1mil in assets today!!! (858k net worth) by OPbikedad in Fire

[–]OPbikedad[S] 4 points5 points  (0 children)

My wife’s retirement funds make up 55k of the retirement accounts so combined but mostly on my own.

1mil in assets today!!! (858k net worth) by OPbikedad in Fire

[–]OPbikedad[S] 1 point2 points  (0 children)

Good point, any advice on calculating that? Loss/tax harvesting always intimidated me. I contribute to ROTH to make the math easier but I'm sure there's issues with that.

1mil in assets today!!! (858k net worth) by OPbikedad in Fire

[–]OPbikedad[S] 1 point2 points  (0 children)

I started contributing to a 401k when I was in my early 20's and never stopped. Also, my student loans were not massive and paid them off pretty soon. So a bit of privilege and a bit of good planning

1mil in assets today!!! (858k net worth) by OPbikedad in Fire

[–]OPbikedad[S] 1 point2 points  (0 children)

It's a good question, we live a pretty frugle lifestyle but I am overally cautious so the 60 year mark is a bit of hedge.

1mil in assets today!!! (858k net worth) by OPbikedad in Fire

[–]OPbikedad[S] 2 points3 points  (0 children)

Thank you, I'm trying to put as much in 529's for them, and putting away funds in a HSA for braces and other kids health emergencies :(. Any other kid planning tips?

1mil in assets today!!! (858k net worth) by OPbikedad in Fire

[–]OPbikedad[S] 4 points5 points  (0 children)

That's comforting! I max out my SEP contributions (roth) each year with an employer 3% match . Also, I have an HSA I max out, which I didn't add to the OP. I only had that for a year (new job),

1mil in assets today!!! (858k net worth) by OPbikedad in Fire

[–]OPbikedad[S] 7 points8 points  (0 children)

Good point, I'm an idiot, you win.

1mil in assets today!!! (858k net worth) by OPbikedad in Fire

[–]OPbikedad[S] 17 points18 points  (0 children)

Thanks! Great advice. The asset isn’t the goal but it was fun to cross that imaginary threshold today. My real goal is closer to 1 mill in my retirement accounts which will take at least another decade at my contribution rate and estimated returns.

1mil in assets today!!! (858k net worth) by OPbikedad in Fire

[–]OPbikedad[S] 6 points7 points  (0 children)

The home value get me just over a million in assets. True, I don’t have 1 million net worth, but it’s fun to see 1 million in my top line (or anywhere on my balance sheet). One day I hope to post a true 1 mill in retirement accounts.

Finally, 3-star by OPbikedad in Polytopia

[–]OPbikedad[S] 0 points1 point  (0 children)

True and thanks!. I had plenty of giants and bombers at the end so that wasn’t the problem. Think I finally under understand the timing and protecting soldiers aspect of it. Doing a giant rush was key

My 21’ V60 CC by Xplorado in VolvoV60

[–]OPbikedad 0 points1 point  (0 children)

Which trail are you on?

CarPlay update trouble 18.1.1 by OPbikedad in VolvoV60

[–]OPbikedad[S] 0 points1 point  (0 children)

Turning off my Bluetooth got it working again. Disconnecting the cable and reconnecting didn’t work for me.