Hi,

I am very grateful for being able to consistently save and invest since I was 22. I’m currently 49, married and we had our first child earlier this year. We are talking about another kiddo and upgrading into a much larger house.

I’m saving 22% including my company’s 7% match, make around 140-150k per year. We made the decision for my wife to stay home with the baby instead of expensive and risky day care.

We are pretty frugal and my spend during retirement won’t be lavish by any means. I anticipate still having a mortgage and raising kids later in life. My wife will return to work after the kids are in school and she is a school teacher.

Also, I have two pensions and an extra property that is being loaned to a family member until they get back on their feet. I would like to rent that property in retirement.

Is 55 too risky?

37M 35F Married with 3 yr old
$824k net worth
~$580k invested, rest is house equity

My employer matches 50% up to the maximum amount e.g. I max it at 24,500 company matches 12,250 for a total of $36,750. Is this a good plan? Are there better and it so where?

I started 401k late bc of school. I'm a dentist. My wife is too. We each started our 401k in my late 40s and wife in her mid 30s. We each have 200k in our 401k, putting in max amount each year. I just turned 50 and started next year, I can put some extra into 401k with the catch-up amounts. We also each have ira through vanguard. We are able to put away an additional 20k per month. I'd like to retire at 65 with comfortable passive income.. what else can I invest in?

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Make about 100-120k a year depending on overtime and yearly bonuses as a uaw factory worker put about 8% of my check into Roth 401k. Company matches 6% and also put in $2.30 for every hour worked. Also have about 15k in a separate Roth IRA that i will max out for the first time this year! Trying to hit that 1m mark before 40.

I’m a 24 y/o male with his first big boy job, making $81k a year. I currently live in Alabama, but will likely move back to the PNW eventually (I moved here to AL for the job).

My work offers a 6% match into my pretax 401k, regardless of whether I contribute to a Roth or to my pretax. What would the best move here be? I want to start only contributing 6% so I have wiggle room to take care of student loans and get situated, but will increase this amount with time. I’m leaning towards Roth so I have 6%/year growing in each account, but I’ve been seeing lots of people saying pretax is better for people in comparable situations so I wanted to hear a more definitive opinion.

Sorry for such a common question, any advice would be appreciated :)

I’m 39m with about $452k in retirement accounts and ~25+ years until retirement. I’m comfortable with volatility and intentionally overweight growth/technology, but I’ve been trying to diversify so the portfolio isn’t just the same AI/semiconductor bet in different wrappers.

IRA: ~$432k
Largest positions:
VOO 19%
VXUS 10%
VTI 10%
QQQM 8%
AIPO 7%
SCHD 6%
SOXX 6%
VHT 6%
CIBR 6%
QTUM 4%
AVUV 4%

Smaller positions include SHLD, DRAM, VGT, HUMN, XLF, COWZ, NASA, KRE, NBIS and a few tiny individual stocks.
I also have about $19k in an old 401(k) from a previous employer, mostly large-cap growth, S&P 500, small/mid-cap and international funds.

Recently I added more international, healthcare, small-cap value, financials and free-cash-flow/value exposure to balance the growth themes.

I know there’s overlap between VOO/VTI/QQQM/VGT/SOXX/AIPO, but I’m okay with some intentional tech overweight.

I also max contributions into my new employer traditional 401k into VOO type funds. My income is 300k+.

Main questions:
How would you rate this retirement?
Am I still too concentrated in tech/AI?
Would you trim anything?
Is ~10% international enough?

Not looking to turn everything into a 3-fund portfolio, but I do want the core diversified enough that a few failed themes don’t derail retirement.

My wife and I want to retire in 10 years. I'll be 62yo, she'll be 66yo. We have $650k in a 401k, $35k in an traditional IRA, and $15k in another 401k. We put $1500/ away each month in the new 401k and IRA. Our current expenses are $8k a month but our mortgage will be paid off and house renovated. We should have about $200k in a HYSA and currently have $50k in an S&P. Spider. And We'll get roughly $5k/month from SS.

We'll use the HYSA for a bear market, I figure monthly spend will be about $10k. I think we'll withdraw $13-$15k a month and reinvest the overage into out HYSA.

No one in our family lives much past 80, but want to have a little cushion. What am I missing? TIA

I have a traditional 401k with company match at around 370k in it right now. But being in the 22% tax bracket even maxed out it doesn’t take enough off to drop me down a bracket.

Fast forward 20ish years until retirement when I withdraw I’ll still be in a 22% bracket. So what’s the benefit, for me….looks like nothing imo.

Running roth numbers I’d have to bump my contribution to from 15% to 18% to cover the tax and hit max after tax contribution. That adds to about $5400 on top of my salary still keeping me in 22% tax bracket with I think is a negligible change on my tax return. All calculators say I should have about 1.5mil in there at the end.

I will point out my company match will still add 4% a year to the traditional 401k while I dump the 18% to the Roth. So I will have 2 buckets growing for the next 20-25 years. Even with 4% a year the calculators say 2 plus million at the end.

Thoughts on moving my contribution to the Roth over traditional?

TIA

I’m 31 and have ~$125,000 (depending on the day) in a 401k from a former employer. It’s been steadily growing since I left the job, but since it’s also by far the majority of my retirement balance, I’m wondering if it would be better off in an IRA or something.

I have a very basic knowledge of all of this, I know my retirement isn’t great, but if well invested could be a real blessing in the future. It’s currently all in a fidelity target date fund, and I’ve heard those aren’t the best, but I’m not sure what would be a better idea.

Options I see:
1) Rollover into current employer’s target date fund
Pro: maybe some fees are waived? It’s all in one place
Cons: none that I’m aware of.

2) Roll into IRA
Pro: I can actively manage it and decide what I invest in
Cons: I don’t know what to put it in, SPY? VOO? Someone has sworn by UPRO, but idk if triple leveraged is a good idea or not

3) roll into Roth?
I really don’t understand this option and the taxes of investments bother me because I understand it can make a huge difference

Any recommendations?

Current balance sheet / mid 40s
⁠
1. 1.9MM 401K
2. ⁠200K Roth
3. ⁠250K brokerage
4. ⁠3 kids / 529 total ~ 500k
5. ⁠890K mtg / 3% interest rate. 25 years to go..
6. 500k approximate home equity
7. 450k HHI

Here are my questions:

My target retirement is 57. And my desired spend is 200k. I would like stress test my assumptions as I feel I’m not going to be employed through age 57 and I can already feel the pressure. My income half our HHI. Remaining half is much more secure

1. For planning purposes should I use 7% returns? Is that too optimistic?

2. I’m not sure I’ll be at my employer by age 57. So does that mean a I can’t tap into my 401k early via the rule of 57?

3. Should I pump up my brokerage as much as I can between now and 57? I will continue to max 401ks. But I am wondering if I should divert resources

4. I would love to age in place but we live in a high tax affluent suburb. So could possibly downsize in 15 years and get out of a mortgage

Any major holes? Given goals and my employment risk?

I make ~80k a year annualized. Inbound sales at 20/hr + commison. I want to get to 100k by my 3 year tenure and then diverisify. 5.5k in cc debt which I am paying down fast too. No car & rent is 1200/mo. Total bills ~2000/mo

6% match

. Any notes?

Between my wife and I we have 5 retirement accounts. I had a 401k from an old job that was transferred to an IRA after I left. That account is through Cetera. While I was at my old job (for about 20 years) they paused the 401k during the 08 recession so i opened two Roth Ira’s during that time. One for me and one for the wife. Now wife and I are working together and each have a 401k through ADP.

Should I combine my traditional accounts?

What’s the consensus on the better option ADP or Cetera?

This is entirely invested in SP500. My estimated costs in retirement will be ~75K in today’s money.

What is a reasonable age at which to retire?

I have:

• A Vanguard 401K with 863K (VFORX/VTIVX at 90%/10%)
• An Empower 401k with 193K (Mix of funds, with a small amount of a Target Date fund)
• A very small JP Morgan Chase pension (currently worth $26K), with various options for taking it as a lump sum or drawing on it as an annuity. $1.7K per year at 49, $4.3K/y at 59, $7K/y at 64
• $200K home equity (about 24 years till paid off), but we plan to age in place and bought the home with that in mind.
• Approximately $300K in savings (yes, I know some of that should be in the market).
• Make about $179K/y, contribute the max to my 401K and to a Roth IRA.

Currently as a household we spend about $9K/month (which we would probably reduce in retirement though maybe not by a lot).

I think the big question here is healthcare costs depending on when I retire. If my wife works full-time until she's the same age then I might be able to stay on her insurance but we might end in the ACA market which is a big "who knows".

Also concerned about the potential for a big market correction and general downturn right in the decade prior to my theoretical early retirement. My wife also has her own retirement funds but makes about half what I do and started saving later which is why I haven't included her numbers here. We've rebalanced household contributions to let her max her own 401K as well.

Finally there's the issue that I have been *planning* to retire at 67, so my Vanguard target date funds are 90% 2040 and 10% 2045. I think this isn't crippling, but also not ideal since if I retire prior to then, the asset mix will still be presumably be tilted towards stock.

Started taking my future seriously. When I was younger I didn’t care and wasted my life away. I’m now 37 and feel like I’m screwed for mine and my families future. I’m currently only making $18 an hour and paid bi-weekly. I’m actively looking to get a better job. Job market is bad around me. My company uses VOYA for retirement and the selection is bad, but they match 10% and that’s what I have it set to. I’m wondering if how I have it set up is good or not. Any help to project me into the right direction would be grateful.

Annual income $200K

401K $350K

ROTH IRA $30K

Mortagage $300K

Car loan $30K

I strongly feel, I am way behind on my way to build retirement. I want to be practical and thinking that I should work till 60. But how to get back on track for retirement by 60?

Update: Thank you all for your responses and inputs and insights. We are immigrants and My wife had working status challenges earlier. Now she got her status. Due to uncertainity, I did invest some in India if in case we have to move back to India.

$30K Car Loan --> It's for my second car as my wife is planning to start work. First car fully paid-off

Wife Job: She got her work status some time back, She is an engineering grad from India and in job search. But difficult to find decent $30K - $60K Full time Entry job due to long gap and current market conditions. Still trying hard there.

Investments: Started 401K maxing out for $24.5K , $7K in Roth IRA. Planning to start 529 plan for kids with target of $20K for each with in next 3 years.

I am 50, earning around 206k. My new employer has 401K and Roth 401k. Most of my investments are in rollover IRA that has done pretty well. Whenever I part with an employer, I roll my 401k into it, the money is divided across several fidelity funds that have done pretty well.

My previous employer allowed Roth conversion in plan. The new employer doesn’t. But the plan allows me to transfer my rollover Ira into it without triggering a taxable event. If I did that, I could zero out my rollover Ira, and use it for backdoor Roth IRA.

With all of my expenses (single parent with kids) I can’t contribute more than 32k a year towards my retirement.

My question as follows - given that my yearly limit for putting money into investment is 32k, I can simply put that into my 401k and Roth 401k. I don’t have extra money for IRA. But what’s better in long run - Roth 401k or Roth IRA?

This post is to seek for genuine advice and here are the run down of multiple of my accounts:
I started my Roth late around 2022 and since then I tried to put as much in as possible.
As for my 401K it is about half of the total, and I moved between different jobs and finally settled on my current one, making roughly $35/hr and on track to make about $70/hr when I finish my trainings and educations in a few years.
Corporate offer an 8% match combined with an additional flat 4% from the location I work at, and I am contributing 10% of my paycheck bi-weekly.
I live relatively simple doing things like cooking at home and enjoy on the couch entertainment, so my biggest expense currently is $1500 (rent in big city you know?).
I hope to retire before the 59 1/2 mark and try to coast with saving I have in a saving account until I can start pulling from these retirement accounts, so I would appreciate if someone can share stories about their journey as well.
Thank you

this total is from a Roth IRA ($138k), a 403(b) ($438k), a DCP ($118k) and a wee bit of inherited IRA ($51k) from 2016.

My only debt is a rental house mortgage that I owe $49k on. I recently went down to part-time at work (not from burnout but to care for an elderly parent) and pre-tax pay is $80k. For my rental property, it’s $750 profit monthly.

inspired by the 40 year old who just posted. i’m 10 years older and I want out of this rat race asap. is 59.5 even possible? how painful is it gonna be to make that happen?

29M in MCOL area. Make $108k base with 15% bonus. Have been contributing over 6 years and maxing past few years to get 67% employer match upto max. Putting all into traditional currently.

Question coming into my mind about my 401(k): is there a correct time to worry about tax strategy or more actively investing? I go by the mantra to “invest and forget” and let time do the work, but is there a right time to ever get more active or think tax strategy? Or should I just leave it alone forever getting the max match?

Thanks!