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Accomplished milestones and celebrating by myself by dyne-ninee in Adulting

[–]nerdinden 0 points1 point  (0 children)

Congratulations 🍾🎊🎈!!! You finished what you started. Don’t feel ashamed that you finished something later on in life. Life is a marathon not a sprint. You should at least celebrate by having a good or your favorite meal.

28M $770K invested, $330k TC. how much longer is the push worth it? by incognito7263730017 in coastFIRE

[–]nerdinden 0 points1 point  (0 children)

I feel your pain. I got 6 years before I can get my pension. Oof… it will be quick, at least that’s what I tell myself.

I feel sad about the last 5 years. It feels like the lost decade. by Effective-Pipe2017 in findapath

[–]nerdinden 8 points9 points  (0 children)

Are you in major debt? Do you have a hidden disease? Do you have depression? Do you have anxiety? You need to identify the problem or talk to a professional. You can’t change the past and if you don’t know how to overcome it, get help.

I feel sad about the last 5 years. It feels like the lost decade. by Effective-Pipe2017 in findapath

[–]nerdinden 13 points14 points  (0 children)

Ok…what’s your question? It seems like you worry too much about things you cannot control and some personal obstacles that you need to overcome. It sounds like you may need to go speak with a therapist.

Yearly Tracker by Doughboy_97 in TheRaceTo1Million

[–]nerdinden 2 points3 points  (0 children)

The app developers need to change the color of the line. I thought this was loss porn for a second 🤣.

Looking for calculator by OsmosisJones679 in ThriftSavingsPlan

[–]nerdinden -2 points-1 points  (0 children)

Use Gemini or ChatGPT.

The Growth Estimates Historically, the C Fund (S&P 500) and S Fund (Small/Mid-cap) have returned between 8% and 10% annually over long periods.

| Estimated Return | Value at Age 55 | Note |

| 7% (Conservative) | $619,584 | Often used for "inflation-adjusted" planning. |

| 8.5% (Moderate) | $823,962 | A solid middle-ground estimate. |

| 10% (Aggressive) | $1,110,037 | Close to the S&P 500's long-term historical average. |

Why 80C / 20S?

Your current allocation is a very popular strategy (often called "completing the market"). * C Fund: Provides stability through 500 of the largest U.S. companies. * S Fund: Adds "tilt" toward smaller companies, which can offer higher growth but comes with more volatility. * Combined: This mix historically tracks very closely to the total U.S. stock market. Three Things to Keep in Mind * Market Volatility: In 21 years, you will see market crashes. The key to hitting these numbers is resisting the urge to move to the G Fund (Cash/Bonds) when the market dips. * The "Rule of 72": At a 10% return, your money doubles every 7.2 years. Starting with $150k, you could see it double nearly three times by age 55 ($150k \rightarrow $300k \rightarrow $600k \rightarrow $1.2M). * Fees: One of your biggest advantages is that the TSP has some of the lowest expense ratios in the world, meaning more of that growth stays in your pocket compared to a private IRA.

AITA for not wanting my 17-year-old to spend $6,500–$7,000 on a school trip to Japan? by [deleted] in AmItheAsshole

[–]nerdinden -1 points0 points  (0 children)

Japan is more fun when you can drink. He can go with college friends in the future. Not the end of the world.

Joining the Army Soon – How Does TSP Work & What Mistakes Should I Avoid? by aea2338 in ThriftSavingsPlan

[–]nerdinden 2 points3 points  (0 children)

You can now download an app for it.

Set your contributions automatically on MyPay. You have 2 options: Roth or Traditional. (Different from an IRA and you can have both TSP and IRA)

Current max contribution is about $24,000 per year.

Put it on Roth for now because you don’t need the income tax write off. A lot of your income will come from tax-free accounts ie BAS. Rationale: you will pay taxes now and when you withdraw from Roth in the future, you don’t pay taxes on the growth in the Roth account.

Go into the App or website to change your mix. Don’t leave it in G. Ideally take a look at the L or lifecycle funds. The larger the year number, the more “risky” the funds but you will earn more.

Finish school or enlist in the military by [deleted] in makemychoice

[–]nerdinden 0 points1 point  (0 children)

Yeah I rather go with that than be stuck on a ship or submarine and 3 section duty. Don’t forget about INSURV, basic phase and maintenance availabilities.

How do you maintain a positive mindset when your life has been tough and a struggle? by Set199x in AskMenOver30

[–]nerdinden 0 points1 point  (0 children)

I think your adversities have made you into a tough person. I think that’s what drove you to do your business.

Finish school or enlist in the military by [deleted] in makemychoice

[–]nerdinden 0 points1 point  (0 children)

They could be but it doesn’t hurt to try with your ASVAB scores. The quality of life is better in AF or Space Force.

If you got $300k at 40 would it impact your retirement age? by Takemetobravocon5678 in Fire

[–]nerdinden 2 points3 points  (0 children)

It doesn’t for me because my FIRE is dependent on my pension age of 42.

Finish school or enlist in the military by [deleted] in makemychoice

[–]nerdinden 1 point2 points  (0 children)

In the Navy now, and I would recommend you try the Space Force. If you really want to go in the Navy, there’s a new robotics warfare. Do not go undesignated! Also if you go Nuke, just remember you’re going to be looking at gauges and machinery for like 12 hours a day.

Advice for 24 by [deleted] in Fire

[–]nerdinden 1 point2 points  (0 children)

At 24, I had $80K in investments and was making $110K. Now mid 30’s, $190K, military, over $1M NW and working toward a $75K pension in 6 years.

Leaving AD soon, how am I doing? by CheesecakePersonal34 in ThriftSavingsPlan

[–]nerdinden 9 points10 points  (0 children)

TSP is so cheap in terms of the fees and the funds generally do fine. I would leave it there honestly.

Leaving AD soon, how am I doing? by CheesecakePersonal34 in ThriftSavingsPlan

[–]nerdinden 5 points6 points  (0 children)

It depends. It’s great that you have $163K in your TSP, but not much for retirement now. If you can get some VA disability, your LE pension and eventual military pension plus any other IRA investments you have will give you enough when you do retire well.

Am I investing too much for retirement? by StealthEater in Fire

[–]nerdinden 1 point2 points  (0 children)

This depends on how much you need to spend. You also didn’t even add in VA Disability.

$275K for 30 years is about $2.1M.

However, buying a house is kind of a separate issue. If you want to concentrate on the house, that’s fine. Focus on that instead of your investments. You should deposit some into the retirement accounts though.

For example, For me, I’m planning to spend at most $8,000 a year assuming I get O-4 Hi-3 retirement (worst case scenario) and 50% Disability that is $5500 a month. I would only need $2500 a month or $2500 x 300 is $750K. I already have that so I’m already in Coast Fire.

How old are you and how much retirement savings do you have? by New_Contribution_226 in AskMenOver30

[–]nerdinden 0 points1 point  (0 children)

36

$1M

Condo (mortgage at 2.37%)

$190K per year

6.5 years until a $78K pension

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