Opinions on taxable brokerage & ER

[pb4uski]

Quote:

Originally Posted by COcheesehead The OP makes too much for a Roth. ...

He says that he contributes to a Roth 401k through work.

Quote:

Originally Posted by ATXFIRE2034 .... We are both essentially maxing contributions to our 401ks now utilizing the Roth contribution option. I contribute $26,105 per year total including the $7,500 from employer and my wife contributes $25,029 per year total including $5,952 from employer.... 401ks = $38,069 (71% is Roth)...

[COcheesehead]

Quote:

Originally Posted by pb4uski He says that he contributes to a Roth 401k through work.

I missed that. Thanks.

[Aerides]

Max out the 401k, not just the match, the actual limit every year. But yes then also go taxable as much as you can. Youre 40/37, so chances are good you'll be able to retire before 59.5, or even before 55 if your mega allows for rule of 55.

I'm always surprised when someone posts here, a year or so from the total amount they need to retire, but hardly any taxable savings.

On salaries of 300k, after you both fully load your 401ks you should still have plenty of money left to save, so it's not an either/or situation.