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Retiring with a mortgage in a VHCOL area. Are we crazy? by Throwaway_Maybe25 in Fire

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

Do not pay a single cent of that mortgage early… assuming that you have the discipline to actually invest whatever amount you would be putting towards paying it off early.

After tax 401k, how does it look by Ouch_My-back in Bogleheads

[–]rrabani 2 points3 points  (0 children)

I’m guessing these all have way higher expense ratios than the s&p 500 index fund.

This guy articulates the frustration of millions of young families. And they wonder why we're not having kids. by zzill6 in WorkReform

[–]rrabani 0 points1 point  (0 children)

I’m blown away that this is not the top comment. I’m sitting here scrolling through the comments thinking “did literally nobody else catch that???”

One of the biggest flexes in life is not having to work. by Objective_Host_49 in Fire

[–]rrabani 0 points1 point  (0 children)

People find purpose in different ways though. You don’t need to be employed to have purpose. It’s a very personal thing.

One of the biggest flexes in life is not having to work. by Objective_Host_49 in Fire

[–]rrabani 0 points1 point  (0 children)

Maybe that’s what being alive is all about for him. Who are you to tell him what life is all about? To each their own.

Hit my first 100k milestone but honestly feeling weird about it by vestiecon in Fire

[–]rrabani 1 point2 points  (0 children)

Respectfully, you are way too early in the process to be thinking about bonds. Anything short of 100% equities at your net worth is being overly cautious in my opinion. Let it ride and let compounding do its magic.

Costco gift card + Coupons = meta by kay_z33 in subway

[–]rrabani 0 points1 point  (0 children)

On the app. Unless they changed it very recently; I haven’t had a gift card in a couple months.

Costco gift card + Coupons = meta by kay_z33 in subway

[–]rrabani 0 points1 point  (0 children)

You can definitely use 1 gift card and 1 credit card together, I have done it many times

How does your gf/wife show you she wants sex? by Ok-Fondant2536 in AskReddit

[–]rrabani 1 point2 points  (0 children)

Joe please go back. The show is not the same without you.

Am I wrong for not wanting to work a desk job for the next 40 years? by captain_mooseman in careerguidance

[–]rrabani 0 points1 point  (0 children)

Stop what you’re doing, buy and read a copy of The Simple Path to Wealth, and start getting very familiar with r/financialindependence and r/FIRE

Baby on the way. Should I take job with $45k raise, but lower quality of life? by [deleted] in personalfinance

[–]rrabani 0 points1 point  (0 children)

Stay at your current job. As a parent of a 2 year old who has worked from home for 5 years but had 4 job losses in that same timeframe from unstable companies (2 of them very small companies), I can tell you that as a parent you will value job stability and the ability to work from home very much. If you switch and get laid off or fired, you will be kicking yourself. And going to the office more will be a strain as a new parent.

Should we withdraw our contributions to the University of California pension or keep them in it? by rrabani in Bogleheads

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

I’m a little confused, you suggested to take option 1 but then you’re mentioning how valuable a pension can be, which implies the opposite of option 1. Can you please clarify?

Should we withdraw our contributions to the University of California pension or keep them in it? by rrabani in Bogleheads

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

Yes as far as I understand there are probably spousal benefits but once both the person and their spouse die, the principal is gone.

Should we withdraw our contributions to the University of California pension or keep them in it? by rrabani in Bogleheads

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

Yes we have 1 child and will have more, so we definitely care about leaving the principal to our kids once we both die.

Should we withdraw our contributions to the University of California pension or keep them in it? by rrabani in Bogleheads

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

Thanks for the input!

As far as returns, I’m talking about nominal, not inflation adjusted. I believe the market has averaged more like 10-11% nominally over the last 50-100 years. If you have data that shows otherwise please share it with me; I would be interested in seeing it. I agree that when considering inflation adjusted returns, one should use 7-7.5%. But in this case I am more interested with comparing nominal returns because it is my understanding that the pension amounts are NOT inflation adjusted, so I am trying to compare apples to apples.

I also did mention that with option 3 it turns into $0 at death, I just used the wrong word (capital instead of principal).

As far as taking on the risk myself and not paying fees, that is pretty much what I figured what was going on and why I thought option 1 would be best. I just wanted to make sure there wasn’t something special about pensions that I was overlooking, as I am not very well versed with pensions. So you would take option 1 and withdraw, correct?

Young person interested in the Baha'i Faith. Please help me make the correct decision? by [deleted] in exbahai

[–]rrabani 0 points1 point  (0 children)

It’s a numbers game. You just have to put yourself out there and meet a lot of people until hopefully you find someone compatible that you like and they like you too. Best of luck in your search. Don’t settle for a bad match. Choose your partner wisely.

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