My (46M) wife (42F) have app. $1.1mm combined in tax advantages returement (403b, 401k, trad IRAs). Combined income of app $180K. We would like to retire by the time I am 60 and she is 56. We have no debt outside of mortgage and that will be paid before retirement (app $300K equity). We have another app $50K in HSAs, another $75K in roths, and app $110K in brokerage accts.

We will continue to MAX both roths and HSAs every year. I figure we can live on app $100K per year in retirement. Is it time to COAST on trad 401k/403b and start pumping up our after tax accounts? Who knows, we may be able to retire earlier than planned.

I know this isn't a complete picture but hoping for some words of wisdom. We are good "accumulators" but are lacking as "planners"

Without divulging too much personal information, I recently have been given a roughly $4000/month stipend for life. I earn roughly 130-140k per year outside of the stipend, and have a pension and annuity in my name for retirement. I have some debts that will be taken care of prior to investing for my children but I’m looking for advice.

I’ve spent my life working manual labor jobs, breaking my body for a paycheck, and while I’m thankful and grateful for the work that provides for my family, I want better for my children. What can I do with about $500 a month for my 2 children to set them up for an easier life. I’ve thought about maxing out a roth ira for them, but I’m curious if there is a better way to go. Any advice is greatly appreciated!

EDIT: I was not aware that they would not be eligible for a roth without taxable income. So thank you to those who pointed that out!

Obviously the first step is to stop shopping. That may sound simple, as it is, but i actually have developed impulse control disorder from a medication i take called abilify so thats something im going to have to work out in therapy or god knows where.

Anyway, i make about 49k a year, or 942~ a week. My rent is 600. My bills are roughly 300 a month. My medication is 70 a month. I spend way too much money on food, im going to estimate that at around 400 monthly. So roughly 1370 a month total…Theres no reason for me not to have savings and i know that. The rest of my money is going to shopping and a little to going out with friends.

I dont know what im asking for other than advice on what you would do in my situation. I expect you all to say stop shopping which i plan on figuring that out!!

How much would you save a week if you were me? Where else would you cut down? Any “common sense” finance tips?

I have horrible habits and i was raised by people who never taught me how to handle money because they were conservative Christians who believed i would become a wife and wouldnt have to worry about finances lol. But at this point its no excuse. Im too old for this to continue

Any and all advice welcome. Pls dont roast me too hard for the shopping i know its so excessive. I never believed shopping addiction was real before it happened to me lol

EDIT: Thank you all so much!! You have no idea how helpful this information is. i really needed to hear it. I will be following all of your advice and will speak with my doctor expeditiously lol

I’m currently unemployed and haven’t been able to land a job. My mother (co signer), kicked me out and refuses to help me with the loan and is not an option. My school slashed my major and my minors and the loan was for my study abroad expenses. I’m at a loss of what to do and I didn’t even finish my degree and cannot get in school until I at least save some money; I can’t get another loan or go to school without money, right? I believe the loans total around 14.5k. I’m not sure what I’m looking for here but any help would be greatly appreciated and I can answer any questions necessary. Thank you. (Located in USA, NC)

I woke up Saturday morning to see my card was used for $500 of purchases on ticketmaster and event insurance. It very much wasn't my purchase but the bank has to do a fraud investigation. I'm just curious how they will be able to tell it wasn't me, since I do buy tickets from ticketmaster as well (but never the event insurance). I called immediately but they said they couldn't do anything but freeze the card until the charges actually posted - which was today.

I'm so scared that I'll be out $500+ because they see that I buy tickets through there and have no way to prove it wasn't me - other than the fact there are no tickets showing up on my account from this charge. Do I need to call ticketmaster and see if I can figure out what account or show they were for? Or a police report or just wait and see and hope they have ways to tell

due to obviously sad circumstances, i inherited a traditional IRA account worth ~110K.

im curious about the following:

1. is my taxable brokerage account the only thing i can move the money into?
2. should i take the full ten years to deplete the ira or do it all at once now?
3. it’s currently invested in some silly things (e.g., individual companies like google and coca cola)- should i put all in VT and BNDW? in a target date fund? That’s my usual MO.

relevant details: non-spouse so i must deplete by 10 years end, i make too much (~200k) to contribute to a roth ira front door style, i already max out all the things one can max out (minus mega roth- i can’t do that), i live in CA, this is the lowest salary year i expect to have in the next 10 years EDITS: I’m 36, i want to save this for retirement

Hey guys not sure what other group can really help me but as the title says my wife was getting personal training and after a injury she couldn’t really commit as much as she wanted too we requested a cancellation but we needed a doctors note and we kind of forgot about it until I checked my credit card statement saying they charged me 3 separate times we gave them the doctors note and now they’re saying we can’t refund it because the doctors note was turned it late

Edit: charges were on a credit card and reading our contract our basic only out was due to medical reasons

I own a condo outside of Boston ( 3 family dwelling, I am the middle floor) and I recently lost my job making 6K a month. I am on unemployment. I already had one person living in my property covering half the mortgage and I have moved in another person now who will be working all day. He will never be home he works morning to night. I live in the other room. The mortgage is about 2700 a month for a 3br. 1 big master ( I live in the master) and 1 mid size room and 1 small/.mid room. My contribution is $200 dollars that helps with the utilities/expenses.

I no longer feel that career that made me 6K a month is something I want to do anymore and am seeking to shift into a simple job maybe working at a bakery/coffee shop manager or some type of 9-5 government job making 60K-80k a year ( hopefully).

I am now an owner of a property that was part of a financial life process connected to my previous career and now I am 100% certain I am shifting careers. I am for certain the salary will be less but at least my mental health will improve. I am in my mid 40's and just feel that I need to do this for me as opposed to a " JOB."

My question is: Has anyone been in this situation where they lost their job and suddenly their condo/house became a rental that supported you through hard times? Where all of a sudden your place was a shared co-living arrangement. I am happy with both of the tenants. One is a friend of mine and another is a person that just moved in. Any support? Encouragement, reassurance, wisdoms would be welcome. And I understand paying $200 a month is a blessing so please if you can refrain from saying I have it made considering I own a property that will need maintenance. I have 50K in the bank and 5K left in student loans.

I got 10 k in savings 7k in checking and 1700$ in bonds and 2300$ cash. After bills I’ll have 20k total but how should I allocate it. I recently graduated college and make about 5-9k a month depending on how I perform. Any advice?

My former employer has a projected pension benefits calculator. It says if I wait till 65 years old I can expect $xxxx a month. Are those numbers in today's dollars? Tried reading the fine print but they don't say... I am assuming normally these are reported in today's dollars..

So I already have a bank account. While it is under my name, my parents always make me log in to view everything.

I’m in Canada and I want to make a bank account at a different place. As of now, I don’t have a proper job and just help with my family’s business.

I want to put aside small amounts of that money into a different bank account and save up. The goal is to get a job and move out

I have a few questions about that though

If I do open a bank account, how would I file taxes for that?

Since I’m not really getting paid properly, what do I tell the bank?

I feel like it would be weird to deposit small amounts of money without a proper reason

I’m (-18) and realized I know nothing about stocks, investments, or anything like that. I’ve heard people talk about “day trading” or “getting rich quick” from influencers on TikTok/Instagram, but honestly, it feels too risky and sketchy to trust. I don’t want to lose money or get scammed.
So, what’s the best way to start investing as a total beginner?

Are there any trustworthy websites or platforms that are actually beginner-friendly? I’m in the U.S., if that matters. I’ve seen people talk about fidelity, robinhood, wealthfront, and I was wondering if any of those are good to get started?

Also, is day trading something I should avoid entirely at this stage, or is there a safe way to learn about it later on?

Any advice or resources would be super helpful. Thanks in advance!

I live at home and paid off all my student loans so I am currently debt free. I do commute to work once a week while my parents usually commute 1-2 times a week and we all share one car for the whole family. Sharing the car has been the source of many arguments, and I oftentimes am not allowed to drive the car because my mom is worried if something happens while I’m driving, the whole family will have no car.

I want to move out eventually and think taking on an expense like a car now might be easier than juggling an auto-loan on top of paying rent and utilities, and would feel much better having a fully paid off car by the time I move out. I’ve been looking on the used car market for long lasting models like a camry/corolla/civic, but a lot of these cars have +100K miles and are still only a couple thousand dollars cheaper than if I were to buy the newest model for MSRP. At this point I’d rather buy new and not have to worry about maintenance for the first few years (and at least have the warranty) plus the interest on my auto-loan would be lower.

Net salary per month is ~$4500 with most of it going to my HYSA and investments. I have ~12K in my HYSA so I know I could use some of it for a good down payment. I do however work in tech, so I’m scared of getting laid off and then having a massive auto-loan to pay which is why I’d like to have the car paid off ASAP but keep my monthly payments low.

I welcome any advice as I’ve never owned a car myself before.

I’m a male in my late 20s with a credit score of around 800. I own my car (2020 BMW X3) and live in Texas.
I have 3 incidents on my entire driving record:
- At-fault accident in 2017
- Speeding ticket in 2022
- Rear-ended (not at fault) in 2023

My current monthly premium with Progressive is $293. When I lived in California, I was paying around $150/month. Why did moving to Texas basically double my insurance premium?

Is Texas really that much more expensive for car insurance, or am I missing something?

And yes I shopped around, other companies quoted me similarly high rates

I am 67k in debt mostly due to a major divorce. Ive ran the numbers and paying the minimum even with hardship programs on my cards im about 1200 over budget after alimony and child support and monthly basics of living. I spoke with a nonprofit debt counselor the other day and he basically just said bankruptcy is my only option. Is this the case?

59.4M, Married, looking at 1.5-2.5 more years of work before retirement. $2m 401k/403b in mainly index type funds (mix of large, mid, small, international) no/nearly no bond funds. ~40k cash. a couple entirely illiquid real estate holdings totaling ~$1m, equity in home ~$350k, owe $120k on mortgage (but planning to sell/downsize as retirement window nears to a place we can buy with just the equity). maxing out (and then some) 401k + catchup contributions + 11% match. MHCOL no state income tax location.

should I restructure my 401k to be more conservative now, or keep building? hard to walk away from 16% returns I'm seeing now. what kind of mix should I look to achieve?

right now stuck with Alight 401k (awful) and TIAA 403b from previous job (good) but company supposedly switching back to Fidelity (yay!) next year.

I'm thinking about holding off on the strategy restructure until the switch back to Fidelity, but could be convinced to do it now....

We are 35 and 38 respectively and have a total of ~650k invested. About 285k of that is through 401k's and most of the rest is through brokerage accounts and Coinbase. Our total burn rate is about 11k per month and we expect that to be consistent in retirement. Based on that, we expect ~4M to be a decent nest egg to cover our expenses with the 4% rule. According to the math, we'd need to continue maxing our 401k's each year and invest an additional ~12k a year for us to hit ~4M over the next 15 years.

Is this accurate? Do we need a bigger retirement nest egg?

Some notes:

- We're assuming the 401k max increases about 3% per year.

- About 68.5k of our total holdings is crypto with about 75% being BTC and 25% being ETH. If you want to discount the crypto holdings, that's fine. We know crypto is extremely volatile and can go to zero.

- It will actually be closer to 17 years till my spouse is 55, so we're being a bit conservative with the projection in that way.

- My spouse might get a pension, but they aren't vested yet and we might move before that happens so we're not including it into our calculations.

- Our combined gross income is is roughly ~250k and should appreciate 3-6% per year.

- We have about 650k in mortgage debt and that's our only debt. There's 28 years left on the mortgage. We are including the mortgage, property taxes, and utilities in our 11k burn rate expense total. We're not accounting for appreciation of the property because we're not really planning to do anything with the equity growth anyway.

- We're not accounting for our total burn rate increasing with inflation.

Title says it all basically, I have a house that’s worth $1.2m I owe $500k on it. I’be been debating selling and buying a house around $500k to be able to jump start my investment accounts. I previously had holdings in VOO and some other stuff.

TLdr: have nice house or have avg house and $700k in stock, I’m 29 yo

Thanks In advance

Edit:
QOL wouldn’t really change, I’d be moving from a brand new build on estate lot, to an upper class neighborhood. Same school district. My interest rate would be the same. I would be borrowing the 500k for new house not owning it outright. Bills would stay the same(prop tax would be less)

Wondering for people with lower income if it makes a difference. For me, I make around $2,400/month take home and have the following bills: car loan: $375, ccdebt loan:$175, rent:$600, car insurance: $170. Should I do the debt loan and car insurance in the middle of the month and then car payment at the end to split them equally? What is your preference?

I was in a minor car accident in a different state than my home of record. My insurance keeps sending me messages asking me the reason I was in a different state at the time of the accident wanting to know if I was working, passing through, visiting etc that particular state.

I told them I haven't moved, my home state and address is still intact, but they keep demanding to know a specific reason as to why I was in a different state. Why are they asking this and will my answer affect my policy or coverage?

Thanks in advance for answers.

I just saw the devastating disaster that recently happened in Nepal on the news again and how devastating it is to the community. There's a CTA to donate at the end and I thought maybe I can try donating the remaining balances of my prepaid cards?

Turns out it worked! ($1 donation minimum)

If you have small leftover balances on prepaid credit cards that would otherwise go unused, you can put them toward a disaster relief instead of letting them disappear into the ether.

I just donated to the Nepal relief fund, but you can donate to any causes you choose.

I was withdrawing 529 money for my kid's living expenses. I heard my ex is doing the same thing. How would that affect my taxes?​ I'm the one who actually is paying all the bills

I’ve got around $29-30k sitting in a high-yield savings account and roughly $25k in stocks. I make about $5,500/month after tax if I don’t pick up extra shifts.

Buying a house here isn’t really on my radar anytime soon, mortgage rates are around 9%, and even a small, unremarkable house runs about $700k. I already have a reliable car worth about $15k, so that’s not something I need to save toward either.

I just don’t have anyone in my life who can actually advise me on how much I should be investing.

I know this i pretty good for my age but i have a lot of coworkers that have been on these wages for 15 years and dont have anything in the bank. I have been investing around 2k a month in the last year

What is the best way to get i bonds out of treasury direct website? Transfer/redeem to a broker?

I would love input from you all on my current investing situation. All comments welcome.

Context: 24F, want to prioritize investing for retirement but want to be sure I have my order of operations right/not over investing in one area. I make $80k, living in Chicago.

Personal Brokerage: $1.5k (88% VTI, 12% SOFI), contributing $50-100/mo or whatever I can. Kinda more of a sandbox

ROTH IRA: $19k (100% FXAIX), maxing out each year

Company 401k: $12.1k (100% FXAIX), contributing $600/mo, company match is 5% but have yet to receive it since I’ve only been employed here for a little bit

HYSA/Cash: $4k, been paying for my part-time master’s program while working full time so just took a large hit as fall tuition rolled around lol

Debt: None

What would you change? Am I investing the right things at my age? I would like to be aggressive since I like to think I have some time. What advice do you have for me? Financial literacy is important to me, especially being a first gen and a woman of color!