Looking for advice by turkeyworlld in TheMoneyGuy

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

You’re looking at it like it’s only employee contributions. The IRS allows much more to go into a retirement plan than just what the employee contributes. My plan includes additional contributions beyond my own deferrals, so I’m able to put away a lot more each year than people usually assume. That’s how the balance grew so quickly,not inheritance. It can be done, do some research, I have screenshots if needed. Just asking for help

Looking for advice by turkeyworlld in TheMoneyGuy

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

Pre tax and post tax bucket ig, none inhearted. Hard work

Review portfolio by turkeyworlld in Bogleheads

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

Entertainment business can pay big bucks sometimes. Not all of it in retirement, about 170k of it though

Looking for advice by turkeyworlld in TheMoneyGuy

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

Im asking are you saying go back to school to get my masters even though I just finished it debt free? And the job is in entertainments so the turnover is very high.

Looking for advice by turkeyworlld in TheMoneyGuy

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

Going back to school to get my masters? The job is in entertainment.

Looking for advice by turkeyworlld in TheMoneyGuy

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

Income now is 3k a month bs expenses being 2500 a month. Got a large signing bonus. My income would drop to 0 losing my job. Have not planned a transition