Recent content by cons

Thanks for the reply Paulz! Seems like reducing my TSP contribution by 4k will keep me fom having any excess contributions. Makes sense to do that. Thanks for the link as that confirms my total from contributions and matching should keep me under the 66k threshold as well.

Somewhat of a unique situation but it's the first time I have ever come across this so I figured I'd pose the question to the group. My question is in regards to being able to fund your TSP AND a 401(k) from a different employer. I understand the TSP and 401(k) are essentially the same. Just...

The last housing bubble was caused by speculation and greed. IF this were to happen, it wouldn't effect the market as greatly. You could say the same about the stock market...boomers selling stocks and getting out of the market all at the same time. Would the stock market be stagnant as well? I...

You are doing great. Being able to put away close to 50k per year is impressive. However, ER at 40, may be risky as the math won't add up (unless you somehow double your savings rate). I think 50, at the earliest, would seem possible. As a family, I'm not sure you can lower your yearly...

retire2020, great job on your current savings. Just doing some rough calcs, you would have the funds to er in 2017. You'd need to deplete your taxable to help you 'bridge the gap' during er in order for it work IMHO. I used a more conservative 4% real return rate instead of your 8%. The 4%...

Due to the recent increase in the market (and our aggressive savings plan), we recently passed the 500k mark in retirement assets (401k, IRAs, taxable accounts). DCAing 100k this year into the accounts and for each of the remainder 15 years. January of 2028 is when we plan to be FIREd. I'm 32...

As others have mentioned, go over to the boggleheads forum. They'll disect your plan in more detail. Good luck.

Agree with all except I woould remove 3 and 5. 3 - Personally, I wouldn't want to continue going into debt by leveraging a rental. Also, being a landlord isn't for everyone. In some parts of the country, real estate is too expensive to get a positive cash flow out of a rental. Real estate isn't...

My 10 year 401k balance: Jan/2003 was 1743 Jan/2013 was 263550 Not sure exactly what my rate of return has been nor how much I've contributed during that decade (actually, I just checked my annual statement and shows a lifetime contribution of 136418, but this does not include matching...

Congrats, you're both doing really good considering your age (not sure you mentioned your spouses age, I'm assuming close to yours). A paid off house and 150k saved in retirement funds already is very impressive. Throwing kids into the mix may disrupt your yearly savings slightly. However, doing...

texasdiver, have you ever been to Colombia? What do you think expat life would be like in some of the Colombian cities (most notably Medelin, Baranquila, Cartagena)? I know they have different climates, with Medelin being the most pleasant (city of eternal spring). Also, what about Paraguay...

those AA pilots just got f'd in the a$$

Per Morningstar instant x-ray: 95/5 mix of Equities/Cash (no bonds) 50/50 mix of US/Intl 31 yo with high risk tolerance and 15+ yrs before I need to withdraw any of these funds.

31 46 25 yes

As others have suggested already, contribute to a ROTH. With the limited info you provided, I'd suggest the following: Contribute up to the match to your 401k (6% in your case). Then max out ROTH (5k/yr). Then go back to 401(k) and contribute up to the max (17k this yr). If you have anything...