Recent content by ciel

Yes, this would run afoul of IRS regulations. It only counts as a gift to that person if it truly is; if the "gift" comes with conditions to gift it to someone else, then the IRS doesn't consider it a gift from the second party but from you.

Thank you for your very informative and helpful replies, everyone. I came up with the 1.5M figure by considering that 36k/yr for living expenses would be comfortable for me with my current lifestyle... and the extra would be great for extra security and for things like traveling. Also, that's...

Yeah that sounds like a good strategy rather than trying to somehow factor it in. Thanks for the post. My goal in the short-term is to save 1/3 of my post-tax income... longer term I'd ideally like to save half or more while living well below my means.

I have used 23andme. I purchased the kit right after they reduced their price, and I think it was worth it. The two main things I learned - that I am at an increased risk for two specific conditions - came as no surprise to me as both come with a family history. Obgyn - to answer your...

Hey everyone, I've enjoyed browsing these forums since discovering this website a few weeks ago. I know this is probably a ridiculous question... but I spend a lot of time thinking about inflation and how that affects the number that I have in mind for retirement. I'm 22 and think it would be...