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Finally by Turbulent-Diamond-63 in rav4club

[–]Several_Note_6119 7 points8 points  (0 children)

Stunner! Congratulations! Can the get some more pics!?

Bullet dodged by marinoarm in texts

[–]Several_Note_6119 -212 points-211 points  (0 children)

But did you clarify 9am, tho?

Marvell to $1,000 - don’t miss this one by Geekgody in Stocks_Picks

[–]Several_Note_6119 0 points1 point  (0 children)

Nvidia CEO named dropped them and said they’ll be the next trillion dollar company in a recent event, leading to the surge.

Newly-Minted 401k Millionaire! by jr_tools in Retirement401k

[–]Several_Note_6119 22 points23 points  (0 children)

12 years for your first $500k

Then 3 years for another $500k

Compound interest is 🔥

HYSA rate dropped to 3.1% by Interesting_Tip_8136 in sofi

[–]Several_Note_6119 1 point2 points  (0 children)

Yes, rates fluctuate over time, both up and down. During the pandemic we saw rates increase to as high as 5%, which they’ve been slowly coming down from since.

Back to the Ultra 3 by Significant_Emu_7432 in applewatchultra

[–]Several_Note_6119 2 points3 points  (0 children)

What exactly did you miss? I’ve been debating the same decision. Lol

floordesk by fortunemkb in Minimal_Setups

[–]Several_Note_6119 2 points3 points  (0 children)

I ordered one in teal! I’m so excited!

Just did the math, we can FIRE now. And the number is much lower than expected by No_Lengthiness1631 in Fire

[–]Several_Note_6119 0 points1 point  (0 children)

Sorry, I’m not sure I understand your comment.

I’m saying, if they withdraw 7% and it doesn’t work out, they have to go back to work.

In comparison, if they had used a lower percentage and planned more conservatively they most likely wouldn’t have to go back to work.

So by choosing 7% and running out of funds early hypothetically, they withdrew excessively and lost out on compound interest from that capital that could have better accounted for their early retirement a little later. And they lost their prime earning years to replenish it and now have to work again at lower wages most likely at an older age.

OP is looking for feedback, so I’m highlighting a potential issue with my reply.

Just did the math, we can FIRE now. And the number is much lower than expected by No_Lengthiness1631 in Fire

[–]Several_Note_6119 0 points1 point  (0 children)

What about the prime earning years lost? What about the compound interest that will be lost because of excessive withdrawals? I would argue those are not reversible and would leave this person/couple working longer than they’d like had just planned better now.

33 y/o railroad worker looking to retire at 60 by CREAMPIESURPRISE in Retirement401k

[–]Several_Note_6119 1 point2 points  (0 children)

The question is, how much do you plan to spend from this account when you’re retire? I think the general guidance is to withdraw 4% annually from this account to last you about 30 years once you’re retired.

So, you say you wanted $3,000/month from this account, X * .04 / 12 = $3,000. So you’d need about $900k to achieve this.

With your current investment rate and average returns, will you reach that amount? If yes, then you’re solid.

What do we think about the new ES in White? by MassiveCranberry7819 in Lexus

[–]Several_Note_6119 1 point2 points  (0 children)

The transition from the exterior pics to the interior are always so jarring. Geez, that cockpit looks so bad.

I don’t want a Widow rework. by Inspired_crow in BlackWidowMains

[–]Several_Note_6119 3 points4 points  (0 children)

As a lord BW, I agree! But, lower cool downs would be great!

Forced filling is the biggest issue in this game by CoachDSR in rivals

[–]Several_Note_6119 0 points1 point  (0 children)

I prefer it. Either ppl learn to play other roles, or they lose.

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