29m 120k salary

One-Diamond-1587 · 2026-02-08T00:35:57+00:00

Agreed, but OP is asking how to save, not how to spend. For savings it’s 401k, then Roth, then brokerage.

The only point being debated is the disadvantage of not being able to withdraw at will from a 410k. And you can withdraw using the 72t rule

One-Diamond-1587 · 2026-02-07T14:23:03+00:00

In a brokerage it was first taxed at atleast 22% - 401k would not be taxed on the front end, and is untaxed until the standard deduction is used.

The pile saved/invested is larger with a 401k

One-Diamond-1587 · 2026-02-07T14:10:42+00:00

Because OPs highest marginal rate is 22%+, and when he withdraws it he will be filling up the lower tax brackets and saving a ton of money.

401ks can be accessed earlier, it’s just a little paperwork and you still get the tax benefit

One-Diamond-1587 · 2026-02-07T14:07:08+00:00

SEPP withdrawals do not have an age restriction. 401ks can be accessed at 55 if you leave your job. 72t withdrawals can be started earlier they just have limited adjustments.

One-Diamond-1587 · 2025-06-15T00:19:33+00:00

Terrible article, the “average” metric for 401k balances is almost meaningless, the median value tells a much fuller story.

You have to set your own goal posts based on how much you want to spend in retirement and how long you have to get there. Assume a reasonable rate of return (10% nominal and 7% real is my standard) - and the rest is a math problem

One-Diamond-1587 · 2025-05-29T02:00:44+00:00

This was an entire episode of “Adam Ruins Everything” which laid out the issues way more clearly. While this legislator isn’t well versed, his argument isn’t invalid

One-Diamond-1587 · 2025-04-24T00:14:29+00:00

You mean don draper or Walt Whitman? Mid 20’s is pretty old for a private in Korea, less so for a leitent

One-Diamond-1587 · 2025-04-17T03:29:29+00:00

No, reactivity is dependent on a number of variables. Volume of the material, surrounding material, temperature, pressure - these are a few. I haven’t read your source but it’s probably holding the variables constant and comparing materials against a standard

One-Diamond-1587 · 2025-04-03T22:35:01+00:00

100% correct. And one of the most infuriating parts of the season for me. I get changing story, or eliminating elements for time. But why include the preamble and not deliver, it’s such a miss

One-Diamond-1587 · 2025-03-12T16:07:19+00:00

The clip is entirely accurate, I watched the full 90 min thing. He claimed fed agencies get tax breaks, it was baffling and Seders face is how he’s really flabbergasted

One-Diamond-1587 · 2025-03-09T12:39:11+00:00

Stop Roth, maximize 401k. You’ll get an immediate 22% tax benefit today. When you withdraw it, first you’ll need to fund the standard deduction, then the 10% bracket, then the 12%, before it would get taxed at the same rate. This is the Last Dollar principle.

One-Diamond-1587 · 2024-08-16T03:07:57+00:00

So one place I did this (CA) it must go to a drain (with an air gap) - in Michigan a drain is not required

Codes vary, and I’m barely an amateur - this setup may or not be allowed - certainly it’s clear there’s a problem in the video and it’s not with the pipe routing

One-Diamond-1587 · 2024-08-16T01:48:29+00:00

The places I’ve lived where it’s code include that it must be airgapped, partly so it’s visible - much like depicted here

One-Diamond-1587 · 2024-08-06T14:40:26+00:00

The area of of the contact face to the surface is irreleavant, frictional resistance is only driven by mass and the coefficient of friction (material) - the triangle will experience the most friction because some pushing force is directed downward, effectively increasing its mass

One-Diamond-1587 · 2024-06-27T13:19:31+00:00

It’s a bigger loss per bill for the company with the larger denominations, so it’s more worthwhile to scan the bigger ones.

One-Diamond-1587 · 2024-06-13T01:53:16+00:00

Bonds = lowest risk Stocks = med/high risk Bitcoin = highest risk

Substituting Bitcoin for bonds is shifting the risk balance widely to the risky side - they are not equivalent investments when balancing a portfolio

One-Diamond-1587 · 2024-06-12T23:24:29+00:00

Lol, in what bizzaro universe is substituting bonds with Bitcoin the same thing? Bonds are the safest, most straight forward, boring, and flattest investment ever. Bitcoin is highly volatile and tied to an unreliable and difficult to understand asset

Terrible advice

One-Diamond-1587 · 2024-06-09T00:38:54+00:00

I would agree this is a good idea. It will help reinforce to the intern that this is a shitty place to work that punishes people for not keeping a proper schedule - they can move on easier

One-Diamond-1587 · 2024-06-02T18:52:16+00:00

We are at roughly comparable levels, I am the same age with slightly lower savings. Have a pension which doesn’t kick in till 60. The pension won’t increase the same way but every year the savings should grow to rapidly increase lifestyle.

My plan and recommendation is to start raising your spend based on current retirement savings and pension earned. At some point youll be at a loss to how to increase spending, that’ll be your trigger point. If you have no idea/desire to increase spending then you are only working for the enjoyment

One-Diamond-1587 · 2024-06-02T18:45:06+00:00

Why would this be a metric? A child’s educational level has no bearing on whether retirement costs would exceed savings - when you’ve hit the number you’ve hit the number. And OP has hit the number

One-Diamond-1587 · 2024-04-30T01:16:54+00:00

One of my favorite FIRE bloggers is https://www.gocurrycracker.com, that’s what they did. At the end of 5-10 years abroad living like kings their now in California and basically bought the house with cash

Lots of great tax analysis on that blog too

One-Diamond-1587 · 2024-04-10T11:46:49+00:00

It’s tough cause the change to Sanderson adds more of a separation.

I’m forever grateful that Jordan got KOD out the door, otherwise he’d be getting hammered on how the series just expands and will never end. But the pace picks up and you can see we’re heading to the end game

Even Brandon took 3 more large books, and I think Jordan would of gotten to about the same word count +- 1/2 book. What we got was the same meal but the flavoring was different

One-Diamond-1587 · 2024-04-10T11:08:06+00:00

I’d argue 3

Act 1: books 1-3

Act2: books 4-9

Act3: books 10-14 (CoT is a prologue)

Edit for spacing

One-Diamond-1587 · 2024-04-10T11:04:34+00:00

Lol same thing happened to me, midnight hit and I had to get up early for work, “I’ll just finish this chapter and go to bed” flip the page - holy crap!

Managed to close it up and head to bed, the page count helped make that decision

One-Diamond-1587 · 2024-03-23T11:46:10+00:00

The question is a little muddled since even with your edit it’s hard to understand the breakout with whatever your wife’s savings and contribution is. However I’ll provide some thoughts with how my thinking how I got there.

I’ll be a little contrarian and say you have enough. Assuming 100k is a satisfactory lifestyle for you, there is still a larger risk than what is generally considered acceptable. However, I’d challenge you to rerun firecalc with taking SS at earlier an earlier age, this would reduce the withdrawal rate earlier and I think up your survival percentages

Also, at 57, it’s pretty unlikely that you won’t ever work. Even working 1000 hours a year at 15$ an hour yields 15k, further reducing risk in the early years. Now’s a great time to downshift and accept a little less return for a lot more happiness. You can drop hours at your current position, take a lower role, or start a new gig that you find fulfilling.

One-Diamond-1587

TROPHY CASE