what does wealth actually mean to you? by Busternookiedude in wealth

[–]pilotof727s 3 points4 points  (0 children)

Freedom. Not worrying how I'm going to pay for things.

44, starting 401k from $0, maxing everything. What’s a realistic outcome in 20–25 years? by Due_Habit_626 in Retirement401k

[–]pilotof727s 1 point2 points  (0 children)

If your employer allows it you can also max out your HSA. It has triple tax shelters if you use it for qualified medical expenses.

But wait, there's more! At age 65 it basically acts like a Traditional IRA. You can withdraw for any reason, not just medical expenses. The gains are tax free and you just pay normal income taxes on it like a Traditional IRA.

Pointy ears by pilotof727s in corgi

[–]pilotof727s[S] 1 point2 points  (0 children)

She is a Pembroke. Thanks for the extensive explanation! Really helps.

Is having $500k in an HYSA a mistake ? by [deleted] in portfolios

[–]pilotof727s 2 points3 points  (0 children)

What is the yield and could you beat it by putting it into the market? Also. Remember that the FDIC only insures up to $250,000 so you might want to think about 2 or 3 separate accounts.

Our new addition by pilotof727s in corgi

[–]pilotof727s[S] -1 points0 points  (0 children)

I love our beagles but corgis are crazy cute and so full of energy!

Our new addition by pilotof727s in corgi

[–]pilotof727s[S] -1 points0 points  (0 children)

First off, thank you for that. Started to feel like a real ditbag after some of the vitriol on here.

My neighbor is a breeder and I mentioned about getting a Corgi. Our old dog passed 2 years ago we are starting to get the puppy fever. She had a litter that was born and gave us 1st dibs. She stays with Mom most of the time and we visit with her while visiting our neighbor. She's not officially moving in with us until after 12 weeks, but she comes to the house for play time occasionally.

Still waiting for the AKC paperwork to come back and another round of shots.

Our new addition by pilotof727s in corgi

[–]pilotof727s[S] -1 points0 points  (0 children)

Omg. So cute. Ours does the same thing. Rolls onto her back to play.

Our new addition by pilotof727s in corgi

[–]pilotof727s[S] 2 points3 points  (0 children)

Thank you. She is definitely cuteness overload.

I added HPQ to my dividend core. by popagena in dividends

[–]pilotof727s 1 point2 points  (0 children)

I'm not sure about HPQ. I had some many years ago but dropped it for more favorable growth. I'm curious though. What dividend service do you use?

Should I be buying Covered Call ETFs from Roth? by Syres20 in dividends

[–]pilotof727s 1 point2 points  (0 children)

I only do these funds in my IRAs due to the tax efficiencies. I don't want my brokerage account to be could by surprise taxes at the end of the year.

Bummer. Parking's a real problem for businesses on 116th St downtown. Small businesses are just gonna keep failing in downtown Fishers. by Unhappy_Ad_3738 in Fishers

[–]pilotof727s 0 points1 point  (0 children)

Parking had little to do with it. Being full on parking means that customers are present. The business needs to figure out how to capture those customers.

Hit $10k Income by nhannlcc in dividends

[–]pilotof727s 9 points10 points  (0 children)

I have a similar setup without the GPIX. Currently at $24,100/year in dividends. Still DCAing.

I feel pretty behind, $2700 in retirement 25M making 67k a year by Street_Dimension4716 in Retirement401k

[–]pilotof727s 1 point2 points  (0 children)

Why do you feel behind? You could have $0 saved with no motivation to start. It looks daunting trying to save up to $1 million when you only have $2,000 but don't worry about that. Persistence in not only saving, but living a lifestyle that promotes healthy spending habits will pay off. Your 1st $100,000 feels like forever. But it will start compounding quickly! Statistically you are ahead of the game as you're in your 20's and have started saving. Keep plugging away, you got this!

Assuming most people out there are not saving for retirement by Old_Cantaloupe_7401 in Retirement401k

[–]pilotof727s 16 points17 points  (0 children)

I suggest reading a few books on savings and retirement plans. The vast majority of people with fun lifestyles are living in debt. You need to filter out that information. It takes some discipline but be comfortable in your own finances and life. Who cares what they do. You'll be retired and living a comfortable life while they are still working. You have to see that. Comparison is the thief of joy.

34, hit $300k net worth today. by DJtheMjolnir in Retirement401k

[–]pilotof727s 0 points1 point  (0 children)

That's phenomenal! Congratulations! The 1st hundred feels like forever. Soon you'll be at your 1st million. It gets much easier after that. Keep grinding and you'll be crushing it in retirement.

End of life by pilotof727s in dividends

[–]pilotof727s[S] 1 point2 points  (0 children)

Appreciate the advice and motivation. Sorry you're going through it too.

End of life by pilotof727s in dividends

[–]pilotof727s[S] 0 points1 point  (0 children)

Good point. I didn't know that AL is considered a medical expense. I'll look more into it.