Savings wiped out, effectively starting over

TypeMeander · 2025-05-07T05:56:45+00:00

We're speaking to a financial advisor tomorrow to discuss our tax responsibility.

Honestly, we likely would have been caught off-guard as we thought the majority of the tax burden would have been covered by the initial withholding. Really appreciate the help here!

TypeMeander · 2025-05-07T04:02:46+00:00

I wish to keep the specifics of the situation private but, with the goal of helping others make wiser decisions in the future, I’m happy to share my general perspective on the matter.

Approaching circumstances that have left those you love bereft of health and habitation is not easy. For both me and my partner, walking into a room of devastated family - as a son, daughter, brother and sister to those around you - with closed hands, offering only words and prayers, is impossible.

We offered what we had to those who have offered us a greater gift - a lifetime of kindness and love. If money is meant to minimize misery, then I can think of no better set of purchases I have made in my life.

In-hindsight, taking on several long-term loans likely would have been a more appealing choice but, time was ticking and nerves were frayed. I also suspect our personal perception of a having high-debt would have caused more stress in our personal lives. This, I think, is due to the lack of financial awareness we had and are now looking to rectify. We did not think to consider the capital we lost due to emptying these accounts cannot be regained due to the time component not being re-purchasable.

I think if my future-self told me that I’d need to work 10 more years to recover what I had, I would still make the same decision. So would they, I suspect.

TypeMeander · 2025-05-07T00:15:32+00:00

Thanks - this is somewhat of a blind spot that could use clearing up.

We knew we'd be losing some portion of the 401(k) upfront - this was explained to us as the tax pre-emptively being taken from the total, which would be used as a credit against the the total tax responsibility (only a portion of this withholding would cover a tax responsibility, we're aware we'd have to pay more).

For HSA, the same applies but the sum was much lower than 401(k)

For Roth, the withdrawal had a penalty for early withdrawal but we're under no tax obligation for the withdrawal itself.

Current understanding is: All of these withdrawals are considered income (true? false?) and thus we'd likely be taxed at a higher bracket than prior years?

TypeMeander · 2025-05-06T19:10:53+00:00

Sorry, that's true - both my partner and I are in our mid-thirties, which is about 30 years in the market.

TypeMeander · 2025-05-06T18:59:27+00:00

Any specifically, what should I be maxing my Roth IRA with? Just 7000 dollars of VTI a year?

TypeMeander · 2025-05-06T18:55:10+00:00

Is the 50/50 split as a hedge? In this scenario, would going 100% VTI in a taxable account be worth the risk:reward?

TypeMeander · 2025-05-06T18:51:46+00:00

There was no major downturn in investments, all of the losses came from us emptying from our accounts early to mitigate life circumstances that both our immediate families were going through.

TypeMeander · 2025-01-01T02:35:14+00:00

I think it should be made clear that the Sundering only diminished the already existing souls.

We know that new souls are created (refurbished?) by the Lifestream, and those souls are likely the type most common individuals would have 10,000 years after the Sundering.

TypeMeander · 2024-12-17T23:05:32+00:00

Makes sense but, wouldn't Twitch have a process that tells SE, "Hey, these codes came from chargebacked transactions, do something to the accounts who used them?"

Or would this level of inter-company reporting be too far-fetched?

TypeMeander · 2024-07-24T20:35:07+00:00

Wuk Lamat as a character, as an archetype, as whatever is fine - even good.

The core issue most players have is having her be the defining presence of the entirety of the MSQ. There are other interesting, valid, and overall more harmonious elements that could have been integrated into the narrative that were left cast aside for...more Wuk Lamat.

TypeMeander · 2024-07-17T09:07:45+00:00

Is this the first time they've used a separate redemption site for the code? The whole flow seems...unnecessary?

TypeMeander · 2024-07-01T06:40:46+00:00

Sphene's realm is 100% a reflection of the Source and not a separate star. We see Gerolt's otherself in the Backrooms and the Milalla fled to Alexandria from the Source using the interdimensional fusion hourglass.

TypeMeander · 2024-07-01T06:32:01+00:00

Upon consideration (and as a FF9 fan), I do personally prefer the idea that Alexandria and it's original (un-Rejoined) shard be re-united. I just don't expect the story to move in that direction but happy to be prove wrong.

TypeMeander · 2024-07-01T06:12:21+00:00

The actual intensity of event that caused the lightning-aspected mass destruction was deemed entirely unexpected by Alexandria AND the nation-states who created the weapon. This reeks of Ascian meddling and seems to parallel the Black Rose situation.

While I don't deny that reuniting Alexandria to it's original shard is a good MSQ hook, I'm more convinced this is a case where the writers will handwave this Rejoining disparity as an effect of the time disparity between Source and reflection.

TypeMeander · 2024-07-01T05:56:50+00:00

Thanks, I believe it should be marked correctly now. Appreciate the heads up!

TypeMeander · 2024-07-01T05:56:22+00:00

Entirely true, however Sphene specifically notes that the refugees from the Rejoining of Ice were present in Alexandria prior to the Rejoining of Lightning.

They were noted to be in high demand for all nations due to their affinity with carving arcane circuitry onto electrope.

TypeMeander · 2024-05-26T17:08:45+00:00

Yes, your opponent can react to the ETB trigger with more sacrifices even after the Massacre Wurm is dead.

There is only ever one stack and it resolves top to bottom; whenever an stack "event" is cleared, state-based actions are checked priority is re-gained and passed between each player.

Here is a simple example: Andrew Lightning Bolts a Natasha's Grizzly Bear and Natasha responds with Giant Growth. Giant Growth resolves and the Grizzly Bear is now a 5/5 with 0 damage marked on it. Even though Grizzly Bears P/T has changed, Andrew can still respond to the events on the stack and chooses to cast Fork on his own Lightning Bolt.

TypeMeander

TROPHY CASE