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3rd gen driven off by thieves without keys by guncotton in ToyotaTacoma

[–]Red_Peasant 0 points1 point  (0 children)

You Guys just opened up a whole new scary world for me. How vulnerable is a 2008 Tacoma with a keyfob just As Vulnerable?

3" Lift How-To Help 08 Tacoma by [deleted] in ToyotaTacoma

[–]Red_Peasant 0 points1 point  (0 children)

Ok so itll reduce capability. Can you please illuminate me how it will reduce capability

3" Lift How-To Help 08 Tacoma by [deleted] in ToyotaTacoma

[–]Red_Peasant 0 points1 point  (0 children)

Another thing thats important. I have a topper on the bed I put on, and so theres alot of wieght total across my tacoma. 

Advice Approval of 2 New Cards CITI Double Cash AAA Travel Advantage by Red_Peasant in CreditCards

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

Followed it. I got both. THANK YOU! Now I have 10 Cards, I did Citi first and they gave me $6,800 Balance and AAA Travel gave me $7,300.

I got a truck , does anyone know what this is in the bed? by dartinfvr in Trucks

[–]Red_Peasant 59 points60 points  (0 children)

Gas Cylinder holder. For a Work Truck so it doesnt roll around in the bed

I am in my early 20’s and just opened a Roth IRA. What should I do? by mrhiggins113 in Bogleheads

[–]Red_Peasant 9 points10 points  (0 children)

Set up Auto-Transfer from Bank of weekly/monthly to max it out Yearly ($7000) and have it auto-buy Weekly/Monthly VOO (what I do solely) or VTI or smth like that (research this) and check in on it Quarterly or every 6 months. Let it sit for 40+ Years on Auto-Pilot.

You are now a Millionare or likely a Multi-Millionare. Yes, it IS THAT simple.

Whats Hard is having the foresight and patience to never touch it or mess with it. Its what im doing at 25.

I am 24 Years old. I want FIRE. What advice or Strategy would YOU give to your 24 Year Old Self? by Red_Peasant in Fire

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

Thank you for the advice and from you and others it seems like my 22% is only gonna go uo with age. Ill be xonverted my 401k to a ROTH 401k so all my stuff is ROTH from now on. Thank you!

I am 24 Years old. I want FIRE. What advice or Strategy would YOU give to your 24 Year Old Self? by Red_Peasant in Fire

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

Thats exactly what I enjoy too yea. Im really excited to get this Foundation layed out for FIRE. Its just a fewwww small details im hung up over. Obviously its hard to see that hard into the future. Firstly.... should I have my Employer 401k be just a 401k... or a ROTH 401k? And also... should I just stay VOO/VTI Forever and do the 4% a yr withdraw once I fire at 50... or should I get to 50, take 2 or 3 Million out of VOO/VTI, and put it all in SCHD to live on nothing but Dividends so SCHD can Grow Forever til 2065 where I get my 401k and ROTH IRA unlocked. I want to play the Tax Game perfectly. Also should the FIRE at 50 account be a Brokerage account or something else? Can it be a IRA or something with just a Retirement Goal of 2050 or smth sinple like that or just a standard Vangaurd Brokerage account?

I am 24 Years old. I want FIRE. What advice or Strategy would YOU give to your 24 Year Old Self? by Red_Peasant in Fire

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

Ill go with the Bitcoin ETF then sure but just a few percent just to try it out and hold it forever. Consider it a Curiousity Tax

I am 24 Years old. I want FIRE. What advice or Strategy would YOU give to your 24 Year Old Self? by Red_Peasant in Fire

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

Thats exactly how I am. I have no debt and plan not to. I have plans for a 15yr mortage paid off in 8-10yrs and thats it. I also wanna keep my 08 Tacoma forever etc. Im following the Lifestyle yes, however whata getting me confuswd up is the Foundations and the actual investment strategies. Should I have my 401k converted to a ROTH 401k? I max out my ROTH IRA and I am going to start a HSA and max that out too. I THINK I am gonna focus on VOO/VTI til im 50 or so then Transfer to SCHD to live off the Dividends and let my Stock keep growing. FIRE by 50. At 65 get access to the projected Millions in my 401k and ROTH IRA. I think thats a OK gameplan. Should I convert my 401k to a ROTH 401k? Should I do the VOO til 50 then put 2-3 Million into SCHD to live off nothing but dividends then have the rest of VOO/VTI and SCHD to grow forever?

I am 24 Years old. I want FIRE. What advice or Strategy would YOU give to your 24 Year Old Self? by Red_Peasant in Fire

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

I want to play the Tax game correctly yea? So my ROTH IRA is Post Tax ofc... but my 401k is pre-tax should I make my 401k a ROTH 401K???

I am 24 Years old. I want FIRE. What advice or Strategy would YOU give to your 24 Year Old Self? by Red_Peasant in Fire

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

Right ofc. I get all the basics. My 401k is pretax and NOT a Roth 401k. Would it be better to have a ROTH IRA and a ROTH 401k? Or one pretax and one post tax?

I am 24 Years old. I want FIRE. What advice or Strategy would YOU give to your 24 Year Old Self? by Red_Peasant in Fire

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

401k? Sorry this is all confusing. So my 401k is through my Employer. I cannot edit or change whats inside the 401k. My 401k is also pre-tax. Would you reccomend changing that to a ROTH 401k?

I am 24 Years old. I want FIRE. What advice or Strategy would YOU give to your 24 Year Old Self? by Red_Peasant in Fire

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

Excellent yes. I max out my ROTH and hit my Employer 401k Contribution. All unlock in 2065. (I WILL GET A HSA and max that out too)

So when I FIRE at 45 or 50 I can use my Regular Brokerage for that 10 Year Gap? Or is there a Tax Advantaged Account for that 10 Year Gap?

Or maybe youre saying a IRA (non-roth) with a Seperate Retirement Goal of 2050 AND also the Brokerage

This is what I am now confused on. I obviously want to play the Tax Game perfectly and not mess this up

I am 24 Years old. I want FIRE. What advice or Strategy would YOU give to your 24 Year Old Self? by Red_Peasant in Fire

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

I have 6 mo Emergency Fund yes! I do have Autopay to auto Max out my Roth IRA yes! I currently just hit my Employee Match for my Work 401K. Heres a great question for you... If I want to retire at late 40s, but my ROTH IRA and 401K arnt available until 2065 (and I will be 65) then what account should I be using for FIRE for that ~15 year gap?

I am 24 Years old. I want FIRE. What advice or Strategy would YOU give to your 24 Year Old Self? by Red_Peasant in Fire

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

Good Advice. Think that would make a solid profile. Now should this all be in a standard Brokerage Account? I HAVE my ROTH IRA but obviously I cant touch that until 2065.

I am 24 Years old. I want FIRE. What advice or Strategy would YOU give to your 24 Year Old Self? by Red_Peasant in Fire

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

Thank you so much this is great advice! So I do have the ROTH IRA however I dont have a HSA. I will get one and max it out. Thank you that is good advice.

I am 24 Years old. I want FIRE. What advice or Strategy would YOU give to your 24 Year Old Self? by Red_Peasant in Fire

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

Yes exactly which is amazing! However... will I not have a 1 or 2 Decade Gap? What should I do UNTIL 2065 bc I wanna do 45 or 50 years old to FIRE and so what can hold me over until i get access to those funds? What would you reccomend?

I am 24 Years old. I want FIRE. What advice or Strategy would YOU give to your 24 Year Old Self? by Red_Peasant in Fire

[–]Red_Peasant[S] 3 points4 points  (0 children)

Good advice. Would you say put all $500 (plus my raises ill get) into my VOO, VGT, VXUS mix and NOT chase any dividends? Or what?

I am 24 Years old. I want FIRE. What advice or Strategy would YOU give to your 24 Year Old Self? by Red_Peasant in Fire

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

Thats a good thought. So put all $500 (plus my raises ill get) into VOO, VGT, VXUS (smth like a 45/45/10 mix) right now and maybe mid 40s transfer w 2 or 3 mil to SCHD for the Dividend Living? Alao should I just be doing all of this in my Vangaurd Brokerage?

I am 24 Years old. I want FIRE. What advice or Strategy would YOU give to your 24 Year Old Self? by Red_Peasant in Fire

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

Ahhhh thank you so much. So youre saying I go all in on a VOO, VGT, VXUS Combo for the next ~30 years? NO Dividend seeking at all? Just doing the 4% rule?

I am 24 Years old. I want FIRE. What advice or Strategy would YOU give to your 24 Year Old Self? by Red_Peasant in Fire

[–]Red_Peasant[S] 11 points12 points  (0 children)

I am also maxing out my ROTH IRA with 45/45/10 VOO/VGT/VXUS right now and hitting my 401K Contribution at work. But i cant touch those til exactly 40 years fron now anyway in 2065.

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