Search found 12 matches

by GetMeToRetirement
Wed Jun 06, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 54128

Re: How much money do you want to retire?

I'm hoping to retire, after paying off our mortgage, when we can withdraw about $6,000 per month (in today's dollars) after taxes at hopefully a 3.5% withdrawal rate. Beyond maxing out the 401k, I'm aggressively saving in my HSA and kids' 529s, and making early principal payments on my mortgage, in ...
by GetMeToRetirement
Mon Jun 04, 2018 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: What is your Take Home Pay / Gross Pay ratio?
Replies: 89
Views: 8029

Re: What is your Take Home Pay / Gross Pay ratio?

~55%

Includes automatic deductions before take home pay that include taxes, max 401k, max HSA, 529 contributions, benefits, and a charitable donation.
by GetMeToRetirement
Thu May 17, 2018 10:43 am
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 550
Views: 37828

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

For reference, the married filing jointly (MFJ) tax brackets in 2018: 10% $0 12% $19,050 22% $77,400 24% $165,000 32% $315,000 35% $400,000 37% $600,000 Plus, you have the $24k standard deduction, so the first $24k is tax free. Now, lets assume at 4% withdrawal rate. This means you can withdraw $24...
by GetMeToRetirement
Tue May 01, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: Everything You Need to Know on an Index Card
Replies: 33
Views: 4335

Re: Everything You Need to Know on an Index Card

- Pay yourself first
- Strict budget from Day 1
- Automate retirement savings Day 1
- Invest in lowest cost, broadest funds
- No bad debt!
- Stay healthy
- Save a ton for your first house
- Make sure you and your future spouse are financially aligned
by GetMeToRetirement
Tue Apr 24, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on SPTM ETF in taxable for US stock index fund
Replies: 33
Views: 2201

Re: Opinions on SPTM ETF in taxable for US stock index fund

livesoft wrote:
Wed Feb 28, 2018 9:21 am
I will always consider a limit order when using SPTM.
I also use limit orders for about $500/month of SPTM within my HSA at TDA. Works for me.
by GetMeToRetirement
Fri Apr 20, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 244
Views: 31921

Re: How old are you and how much do you save for retirement a year

Cycle wrote:
Thu Apr 19, 2018 8:53 pm
34, spouse and I save $160-175k usd per year for retirement/misc savings on ~290k income from two full time jobs and rental income from one unit in a duplex we owner occupy. no debt. $1.2m net worth.
Holy !@#$ good work!
by GetMeToRetirement
Wed Apr 18, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 244
Views: 31921

Re: How old are you and how much do you save for retirement a year

As of 2018 Me: 35 Wife (stay at home): 34 ///// 401k contribution: 18,500 per year 401k "matching" from employer: ~ 8,500 per year, depending on fluctuating deferred compensation percentage HSA: 6,850 per year After tax: 2,400 per year ///// Also, extra mortgage principal payments per month and usu...
by GetMeToRetirement
Tue Mar 20, 2018 8:17 am
Forum: Personal Consumer Issues
Topic: Is a Model Release normal for wedding videography?
Replies: 28
Views: 2406

Re: Is a Model Release normal for wedding videography?

Strike it out. JT Agreed. Strike out that provision, and put your initials in the margin next to the stricken paragraph before signing. If the videographer comes back and protests, then you can ask why he/she is fighting so hard for that provision; chances are, he/she will just accept the provision...
by GetMeToRetirement
Fri Feb 02, 2018 3:09 pm
Forum: Investing - Theory, News & General
Topic: Leaning Toward Paying Extra Principal to 30 Year Mortgage
Replies: 15
Views: 1469

Re: Leaning Toward Paying Extra Principal to 30 Year Mortgage

Personally, I would split the money and do both, but in my opinion, your age and retirement horizon are important factors to consider. If you have a goal of paying off the mortgage before retiring, and also have a goal of retiring early, then it probably makes sense to allocate more of the "extra" m...
by GetMeToRetirement
Fri Jan 26, 2018 10:10 am
Forum: Investing - Theory, News & General
Topic: 401k millionaires
Replies: 158
Views: 26127

Re: 401k millionaires

I am 35, and my 401(k) balance hit $460k this week. I have been contributing 10% (not including my employer's 1.5% match and 2-4% "profit sharing") per year to my 401(k) since I was first eligible in 2008. This year will be the first year that my 10% contribution gets me to the contribution limit of...
by GetMeToRetirement
Thu Jan 25, 2018 11:16 am
Forum: Personal Consumer Issues
Topic: Board game for 3 year old
Replies: 36
Views: 2245

Re: Board game for 3 year old

Although not a board game, my 3 y/o and I highly recommend Castle Logix. "SmartGames Castle Logix challenges kids to construct castles, block by block and tower by tower, flexing logic muscles with this beautifully crafted 3-D wooden puzzle. Assemble the wooden blocks and towers to match the challen...
by GetMeToRetirement
Thu Jan 18, 2018 6:38 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 511
Views: 54197

Re: Post your Financial Milestone Announcements Here

New to the forum and really enjoying it so far! Our family (35/34/3/0) just hit over $1M in assets last month! We hope to improve that to $1M in net worth after a few more years of paying down the mortgage (depending on market performance of course - largely the 401k).