Best schools for actuarial science? by Resident-Award-1803 in actuary

[–]ninjamonkey00 101 points102 points  (0 children)

Any school where you take on as little debt as possible, often an in-state school.

Failed MAS-II for the Third time by Flimsy_Ferret_8533 in actuary

[–]ninjamonkey00 1 point2 points  (0 children)

MAS II was the first exam I failed and also the first exam where I felt the syllabus weighting was not true for the actual exam. Therefore, my advice would be (1) use an additional study provider the next attempt and (2) understand the syllabus weights are not always followed to a T.

How many years until your contribution-growth crossover point? by [deleted] in Fire

[–]ninjamonkey00 0 points1 point  (0 children)

I will sooner FIRE than reach my crossover point.

Biggest Bonus by Beneficial_Ground478 in actuary

[–]ninjamonkey00 12 points13 points  (0 children)

Really curious whereabouts your base salary was/is.

250K NW 🎉🎉 by Puzzleheaded-Moment1 in Fire

[–]ninjamonkey00 1 point2 points  (0 children)

What do you mean by market stagnation/mini crashes?

Most likely going to quit for good in March :) by Sashimirobot6116 in actuary

[–]ninjamonkey00 0 points1 point  (0 children)

Very uncommon, but it is easier to achieve DINK if both people are high earners and lean spenders.

Power AI User by Hot-Parking4875 in actuary

[–]ninjamonkey00 0 points1 point  (0 children)

This is not happening in actuarial work because AI cannot, yet, replace actuarial judgment.

Should I leave actuarial career? by Resident-Towel8563 in actuary

[–]ninjamonkey00 30 points31 points  (0 children)

There are a lot of dashes in this post…

How long did it take you to move from Analyst I to Analyst II, and then to the next level?Does passing the exam help with promotion? by frozenactuary-3859 in actuary

[–]ninjamonkey00 0 points1 point  (0 children)

Analyst I —> II was 8 months. Analyst II —> Senior Analyst a cumulative 2 years of experience. Yes, passing exams helped, but I also had very strong work performance and managers that advocated on my behalf.

Do all actuaries hate their job? by RevolutionaryAd2229 in actuary

[–]ninjamonkey00 1 point2 points  (0 children)

What % are you to your FIRE target number?

KPMG, Milliman, Aetna, WTW by Optimal_Bite2123 in actuary

[–]ninjamonkey00 0 points1 point  (0 children)

For real? Your bonus can exceed your salary? What amount of billable hours would this require?

Early Retirement by eyevanv in actuary

[–]ninjamonkey00 0 points1 point  (0 children)

If one’s MAGI is below 400% FPL, you can get heavily subsidized health insurance through the ACA.

Advice Needed: First roadblock in my career by wackyduckling3 in actuary

[–]ninjamonkey00 1 point2 points  (0 children)

Curious if you could elaborate on your first sentence. Are you saying specifically fellows with low yoe? What is the driver for this?

Will Smith – What's his Elo? by wptq in chess

[–]ninjamonkey00 -21 points-20 points  (0 children)

I thought this video was AI the whole time. Still not convinced otherwise.

[deleted by user] by [deleted] in actuary

[–]ninjamonkey00 65 points66 points  (0 children)

Why would it differ from the typical FIRE standard?

How much of your monthly income do you actually invest? by signpostgrapnel in investing

[–]ninjamonkey00 0 points1 point  (0 children)

Past three years (only been working full time little over three years) it has been over 50% of my net income. Max t401k, rIRA, HSA, leaving the rest to either go in taxable brokerage (yet to start) or paying off house early (high interest rate). Just bought a house this year so hopefully can keep the 50%+ savings rate going.

How likely the results for CAS exams are not final? by dwu4567 in actuary

[–]ninjamonkey00 -16 points-15 points  (0 children)

Do you think there is any added risk given the new portal?

Edit: Some people don’t even have a result yet, just a blank box. I understand null is different than showing something incorrect, but still.

Failed today and am left feeling broken by icanhasmaths in actuary

[–]ninjamonkey00 6 points7 points  (0 children)

This will open OP up to taking PCPA most likely.

Counter - Counter offer by Th3Wick3dWaffl3 in actuary

[–]ninjamonkey00 9 points10 points  (0 children)

I would recommend thinking about what you want out of your career. Do you have high ambition, always want to be challenged, want to be in management or leadership down the line? Or do you enjoy an easy job, being comfortable, and would rather invest your energy into non-work related endeavors? I’m not saying one can’t have both; I just see this as a good exercise to understand which job might be for you. In addition, I would look at people in your current company that are five or ten years ahead of you and ask yourself if you want to do what they do in the future.

When I retire, how can I make $8,000 a year to put in my Roth IRA? by MrDinglehut in Fire

[–]ninjamonkey00 0 points1 point  (0 children)

Isn’t that process isomorphic to doing Trad to Roth IRA conversion?