Recent content by ragnarkar

I've tried going after the low-hanging fruit like this from time to time but the answer usually involves doing something unrealistic. For example, back in 2011, I was given a 5% raise but when I asked what was needed to achieve a larger raise, the boss said something like we had to make at...

This is the next problem to tackle and I've devised an extensive but potentially risky plan. Background I currently work at a the US branch of a multinational financial firm. There are just 2 employees at their only US branch: my supervisor and I. I'm also pursuing the CFA charter (think of...

Thanks everyone! I've spoken with my fiancee and she agrees that we should stick with our original budget if possible and the additional money is best invested in our future.

Her family is fine with a modest wedding.. although they expect us to have a house before the wedding (hence the downpayment.) My family doesn't really care but probably won't be providing any financial support.

The particular venue that's asking for a $5000 deposit is the one closest to where we live that isn't horribly expensive (relatively speaking). We still haven't signed a contract but they've only got 1 day available in our target timeframe for the wedding. We could look at some alternative...

I originally wanted to plan for $10K to $15K but it looks like it'll be at least $20K for an entire package (average priced venue, flowers, DJ, food, etc.) with all the guests who found out and want to come..

Her family provided her with almost 100K for a downpayment for a 300K house.. I jointly applied with her for the mortgage a few weeks ago (since she cannot afford it on her own with a grad student's salary.) In this situation, I cannot fathom how asking her to foot any part of the wedding...

The Problem: I've recently been engaged my fiancee and I have been planning our wedding for early next year. The thought of paying upfront for a $5000 deposit has become too much, despite how much money I've saved. I love my future wife and would want to give her the best wedding I can...

Edit: A few tweaks My calculations: Inputs: PV = -$50K, PMT = -$10K, FV = $1Mil, r = 5% Result: N = 32.2 years Interpretation: Where I stand, if I achieve a real after-tax return of 5% annually and save $10,000 in 2012 dollars each year, I will achieve $1 million (in 2012 dollars) after 32...

I've only recently started a career and just learned of the concept of Early Retirement. It seems like a goal I want to achieve in the long run. However, I've been set back a few years due to some "mistakes" I've made in the past regarding my education and career. Here's where I stand right...