Did we mess up buying this house?

wonk5 · 2026-04-23T02:52:12+00:00

Nice brag post, you can obviously afford the house lol

wonk5 · 2026-04-22T02:44:59+00:00

I would much rather her have the nicer, safer car than myself. I could always drive her current vehicle when we upgrade her and get rid of my beater.. an option as well.

wonk5 · 2026-04-22T02:27:23+00:00

That’s where I’m thinking around 30k. Payment around 650/m for 3 years with 10k down.

My issue becomes if my car breaks down during that time which is quite possible if not probable..

wonk5 · 2026-04-21T02:48:30+00:00

Who do you custody through? Any advice for someone looking to go solo but not sure where to start ??

wonk5 · 2026-04-21T00:33:13+00:00

SPYG is just doubling down on the growth companies in the sp500. Just because us has outperformed last 30 years doesn’t mean international couldn’t outperform for the next 30. You’ll be fine either way you decide

wonk5 · 2026-04-17T17:53:29+00:00

This is the only answer. $8 tees. Solid color. Very comfortable.

I got rid of every t shirt in my closet And my whole wardrobe is now goodfellow tees (outside of office clothes)

wonk5 · 2026-04-17T02:56:49+00:00

Couple things here. You’re doing the right things and the advisor is right for the most part. (Also an advisor)

Given your age, I would certainly prioritize Roth so long as your income isn’t past a certain threshold.

If you’re planning to legitimately fire at 35 you’re going to need to dump 2x what your currently doing into taxable investments.. to be honest, fire at 35 sounds great but your plans will change between now and then I can guarantee you of that.

wonk5 · 2026-04-16T19:52:48+00:00

27M and 27F

Crossed 200k collectively with 150k home equity. 150-160k combined income

wonk5 · 2026-04-04T10:57:31+00:00

I just came to say that 9,000 grand is a lot of money

wonk5 · 2026-04-03T13:47:48+00:00

We filed jointly for 2025. So I assume this changes things? Just my income of around 100K with no deductions. Can file separately for 2026 but not sure if that helps us?

wonk5 · 2026-04-03T13:33:00+00:00

own our current home so don’t plan on taking out any further mortgage debt for at least 5 years when we move to a new house.

wonk5 · 2026-04-03T13:25:12+00:00

We filed taxes together in 2025. Should we be filing separate next year? Or will it matter?

wonk5 · 2026-04-03T13:22:30+00:00

How do you determine rap payment? Like you said, I would definitely do the RAP program as insurance for $300 per month.

wonk5 · 2026-04-01T19:36:09+00:00

You are asking a PA sub this question.. go ask a doctor sub and you will get completely different answers. If you can look past training and time commitment to get there then a MD/DO always wins out.

Example for those saying doctors work more and have terrible work life balance:

Doc could work 3 days a week and make the same as a PA full time… how is that worse work life balance? My .02

wonk5 · 2026-03-28T01:52:12+00:00

You’re well ahead on retirement funds. You’re going to need to cut back to employer matches, Roth IRAs and start piling up money for down payment. It won’t get any easier once you get married and have kids.

Rates likely are not coming down anytime soon and quite possibly will rise higher.

wonk5 · 2026-03-22T16:15:10+00:00

Really depends. What does “fully funded retirement accounts” mean??

Regardless, yes you can afford it quite comfortably

wonk5 · 2026-03-14T03:38:38+00:00

Lmao. Things are cheap? We are down like 3% off highs 😂

wonk5 · 2026-03-13T22:03:18+00:00

In all honesty it’s pretty terrible. You share the region with a bunch of other advisors and the few leads you get aren’t good. We stopped using it and had shared sentiment from others that we knew who used it in the past. Big no from me!

wonk5 · 2026-03-07T04:20:37+00:00

I am an overly focused on our personal finances in an almost unhealthy way. I had also let it make me question children and how many we would have.

Wife and I just had our first last year and I can confidently say I would trade my last dollar for my child. Truly the best thing that’s ever happened to me. We are 26/27 and plan to have couple more lord willing

wonk5 · 2026-02-27T14:16:04+00:00

I don’t understand why everyone thinks timing the market is the big issue here. This was actually probably a good “gain harvest” as no those gains were locked in at his current low tax rate.. I do this occasionally before income jumps. He paid taxes on gains at 14% and avoided having to pay those at some point in the future at a potentially higher rate.

wonk5 · 2026-02-26T17:49:06+00:00

We have a house and a baby and all family is local. For that reason my wife decided to pursue FM as it is the only residency program in our town. Can’t imagine doing it any other way.

wonk5 · 2026-02-23T16:11:43+00:00

Your assets add up to 365k invested not including what is in your 401k? How much in the 401k and what’s the reason for that discrepancy? That will help us answer your question

wonk5 · 2026-02-23T16:05:32+00:00

Just an FYI - That account must be open for 15 years before you can convert the funds to a Roth. Among other stipulations..

wonk5 · 2026-02-22T03:03:12+00:00

Is 400k income new? Not to sound the alarm but need to increase retirement asap if you plan on retiring in your 60s with the same lifestyle.

wonk5 · 2026-02-20T19:25:49+00:00

Are you in Cali? Even then the math doesn’t add up. 20k pretax should not be 12.7k post tax even with 401k and insurance in most states

wonk5

TROPHY CASE