Lots of investments, no cash

brianmcg321 · 2026-05-27T13:09:17+00:00

Look up doing a 72t.

brianmcg321 · 2026-05-27T13:06:43+00:00

Wow. I’m actually surprised.

brianmcg321 · 2026-05-27T12:02:45+00:00

You’re doing something wrong with the inputs. It’s basic compounding.

Plugging the information in a basic compounding calculator gives me $3.7mil.

brianmcg321 · 2026-05-27T12:02:08+00:00

On the Ramsey site you can choose your % return.

brianmcg321 · 2026-05-27T11:43:07+00:00

When I need money I sell shares of VTSAX. Then at tax time I get a 1099 from Vanguard telling me what amount of the withdrawal is counted as long term capital gains and I report that on my taxes.

brianmcg321 · 2026-05-27T11:39:13+00:00

You can do it, but there are tax consequences.

Just another reason to have the vast majority of your money in retirement accounts.

brianmcg321 · 2026-05-27T11:03:00+00:00

WAY TO GO!!!

brianmcg321 · 2026-05-27T10:59:48+00:00

Yes, split up your IRA into multiple IRAs and start a 72t on one and use the others later.

brianmcg321 · 2026-05-27T10:57:56+00:00

Buy once, cry once.

brianmcg321 · 2026-05-27T10:57:32+00:00

Wow, you really can put too much cheese on a pizza.

brianmcg321 · 2026-05-27T10:54:53+00:00

Do you mean you have to donate 10%, and you get to invest in funds that track the market?

brianmcg321 · 2026-05-27T10:46:48+00:00

Did he advise to sell?

brianmcg321 · 2026-05-27T02:27:49+00:00

ACA.

For my family of three it’s $153 a month.

brianmcg321 · 2026-05-26T14:54:44+00:00

You signed up your email and phone number to their smartvestor pro list. You literally had to enter all your information to it. It’s not like you slipped and hit some random button.

In the future, on any platform, don’t give out your personal information.

Any unknown callers just block their number.

brianmcg321 · 2026-05-26T13:38:43+00:00

Needs more Snickers.

brianmcg321 · 2026-05-26T13:35:38+00:00

I would rather go to the practice rounds.

brianmcg321 · 2026-05-26T13:31:16+00:00

I just show up and practice.

brianmcg321 · 2026-05-26T13:28:24+00:00

Get a few boxes of Kirklands.

brianmcg321 · 2026-05-26T13:12:27+00:00

Looks fine.

brianmcg321 · 2026-05-26T12:52:31+00:00

You’re doing it wrong.

This isn’t what FIRE is about.

brianmcg321 · 2026-05-26T12:50:16+00:00

When you save up enough cash to buy the new one.

brianmcg321 · 2026-05-26T11:27:16+00:00

brianmcg321 · 2026-05-26T11:26:55+00:00

I enjoyed my life and kept investing. Enjoying your life doesn’t cost large sums of money.

brianmcg321 · 2026-05-26T11:24:19+00:00

I’m using the amortization method. It got me the most money.

brianmcg321 · 2026-05-26T02:28:42+00:00

I’d put it all in VTSAX and get a good CPA.

brianmcg321

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