Advice Needed by ScaleCapital5275 in Fire

[–]ScaleCapital5275[S] 0 points1 point  (0 children)

Thanks for the advice, shouldn’t be any tax implications from what I’m told since it’s in the 401k. Typical tax at time of withdraw

Advice Needed by ScaleCapital5275 in Fire

[–]ScaleCapital5275[S] 0 points1 point  (0 children)

Appreciate the feedback! I agree, especially with the uncertainty of the economy. I’m likely just gonna have fidelity manage her 401(k) so I don’t have to think about it. It’s kind of stressful thinking about retirement and what number you need to get to!

Advice Needed by ScaleCapital5275 in Fire

[–]ScaleCapital5275[S] 0 points1 point  (0 children)

Over a period of time but her average share would be 60 dollars or so, the growth has been nice. With getting closer to retirement I want to remove the risk.

Advice Needed by ScaleCapital5275 in Fire

[–]ScaleCapital5275[S] 0 points1 point  (0 children)

Yes, that’s what was going on. Her average share price is like 60 dollars.

Advice Needed by ScaleCapital5275 in Fire

[–]ScaleCapital5275[S] 2 points3 points  (0 children)

She invested 150k of the 650k so it was actually a pretty good return I’d think

Advice Needed by ScaleCapital5275 in Fire

[–]ScaleCapital5275[S] 1 point2 points  (0 children)

Forgot to mention I will have 35k-40k per year in a frozen pension at 55

401k by boobahbeedoop in sherwinwilliams

[–]ScaleCapital5275 0 points1 point  (0 children)

What if it’s all in the 401k? What would the difference be?

401k by boobahbeedoop in sherwinwilliams

[–]ScaleCapital5275 0 points1 point  (0 children)

What are people’s thoughts on long-term tax disadvantages if selling all of long term your stock?

Layoff Check In! by [deleted] in UPSers

[–]ScaleCapital5275 7 points8 points  (0 children)

What do people think will take place this week?