Curious what people are hoping to receive during retirement from their investments (401a/b/k, IRA, stocks, etc) For those who have huge TCs I’m sure your monthlies will be a lot higher at retirement so feel free to comment to remind the rest of us how poor we are. TC 275k #personalfinance #invest...Read more
https://calmatters.org/california-divide/2020/11/san-francisco-ceo-tax-income-gap/ Woo! This looks like a big win either way: 1) Either more money will be raised for the city from stupid app startups with overpaid CEOs or... 2) Whiny companies will up sticks and move out of SF, which means real e...Read more
An influencer is selling a course to people learn to be developer and he said that the value in the screenshoot is his income at spotify as senior android engineer. Does senior devs at spotify germany receives 12k net salary per month? Update: the income is real, its his gross salary (145k euros T...Read more
What’s your targeted monthly retirement income? Obviously this is subject to your lifestyle (Location, expenses, etc)
TC : 330k Cash for Down Payment : 700k Emergency fund for 9 months in place Saving after down payment: 150k (Stocks) 401k: 350k Current rent : 5k Current monthly living exp: 5.5k Single income 1 kid entering elementary school Town home in south bay Price target: 1.5M including bidding and initial re...Read more
Does this offer for an IC6 role in non-tech finance/accounting/tax/treasury dept seem reasonable? TC is about the same target as my L7 role at Amazon, but I would actually be worse off paying CA state income tax and effectively taking a pay cut this year due to Amzn stock appreciation. 188k base, 2...Read more
I had a FIRE target of $2.5M and I recently hit $2.5M NW and have dividend income of $75k/year. I have another $200k in my 401k. I realize it’s not enough in Bay Area. With a small kid, a better FIRE target is $120k/year income in Bay Area or ~$4M NW ish I don’t own my home and housing here is in...Read more
I have been reading a lot and excited about FIRE (Financial Independence and Retire Early) but curious to hear other’s thoughts and targets (if any). Please introduce yourself using below template and share your thoughts and risks/fears: Age and current status: Location: TNW (Total Net Worth): S...Read more
Please post your target goals in this format Family-Size/Target-Age/Target-Cash/Target-401k,IRA,Roth/Target-Real-Estate/Target-Fixed-Income I’ll start 3/42/$400k/$500k/$600k(India)/$30k p.a
Chasing 3M all over again 🤦 thanks Obama! Edit: 15YE, single income no kids. 3M->5M in 5 years was the next target a year ago.
Long shot: currently I’m in Singapore with TC of 400kSGD (~290kUSD), if I am moving to Bay what TC should I be targeting? Thanks! Singapore has tax rates of 10-20%, progressive tax depending on income bucket. (Effectively, I should be getting roughly flat 15+% of income tax)
Wife and myself close to 3M net worth! Family income around 1M+. What net worth should I target for comfortable retirement?
Hello Blinders! Base: 280k Stocks: 2.1mm/4 yr Target Bonus: 25% Signing: 100k Fully remote, LCOL area (no state income) Target TC: 875k, 975k first year Current TC: 650k I tried to bump the stocks higher but was not willing to accept lower base. Edit: this is not a humble brag, I could not find...Read more
TC : 190k (base + bonus) Cash for Down Payment : 315k Emergency fund for 6 months in place Saving after down payment: 100k (Stocks/Cryptos) 401k: 130k Current rent : 2k Current monthly living exp: 4k Single income Looking in HCOL in PNW Price target: 700-800k. should I wait for interest rates to dr...Read more
we are going to buy a house. total income 600k for our family. is 2 million a good target price for us? i live in bay area. no kid yet but plan to have one in 2-3 years net worth: 700k in cash and stock, 280k in 401k #mortgage #housing#
Targeting TC ~ 600k preferably WFH LCOL. I am wondering between one big tech income and it's poor wlb vs having two jobs at some shitty startups. #tc #faang #swe
Anyone else here heavy on real estate and growing a rental portfolio as a way to FIRE? How many properties or how much monthly net income are you targeting before quitting work? I'm targeting $14k net. Currently have 7 rentals.
What’s your target asset to retire? For me I would probably need 7M-9M to buy a house and make comfortable passive income.
So, Biden is planning a major tax hike including 21 to 28% on corporations. Which reportedly will affect the ability to give RSU options. It might bring down your total comp by 15%. Including 13% on payroll after 400k it makes almost no sense to target more than 400k in family income. What do you t...Read more