Recent content by nerdyJON

This is helpful advice as we can plan. I didn't even think about the activity costs but I am sure its not college tuition level of daycare costs.

Thank you for the advice. We started to dial back some of our deferred tax for HSA, ROTH, and taxable accounts. Kids are 1 and 3.5 and start pre-K/Kindergarten at 6. That money will be going into the above accounts / looking for passive income. Our biggest challenge and goals will be trying to...

May 2022 Life updates Moved to new job (paycut for more flexibility and align with goals) Debt No credit card debt or student loans Main property, 15 year - $210K loan ($500K+ in equity) Cash/Investments $38K in cash (slight decrease due to other saving methods) $251K in taxable investments...

I have been tracking my progress for past 5 years every quarter or so in the "Hi I am..." now moving here. See last update below: Nov 2021 Life updates Busy past 1448 days according to the warning of an old thread 2 kids added to the mix (put a damper on savings due to childcare costs) Multiple...

No retirement income level because I want to get my sons up to college - great goal for 2022. To be decided, we always want more in life but VERY happy where we are now. For now we see it as a home for next 5-10 years.

Perfect! Moving to Milestones thread.

Life updates Busy past 1448 days according to the warning of an old thread 2 kids added to the mix (put a damper on savings due to childcare costs) Multiple job movements Continued goal and path to FI Moved to a new house Debt No credit card debt or student loans Main property, 15 year - $220K...

Sold my shares at $17 for a loss just to wait until it drops. Interesting couple months ahead.

Great job! Hello from Chicago as well :) I am happy you paid down that student loan debt at 6.8%! That was definitely a thorn.

Great job. Love seeing progress!

You're way ahead of the game. Great job! Continue saving. As stated above, passive income on top of your current base salary would be a nice bonus.

Unfortunately and fortunately, I bought back in the day at $18, sold at $30ish and then just recently bought back in before the news broke. Depending on what they do with the spinoffs, it may have HUGE upside. Look at ABBOTT and ABBVIE, BAXTER and BAXALTA. Once the spinoffs happened, the base...

I beg you all please do not use Bitcoin as an investment. Its a modern day pyramid scheme when you boil it down. There is no sense to valuation of bitcoin. The value is rather the block chain technology. Think Beanie Babies, Pokémon cards, etc. These were all bubbles, but instead of Beanie...

Just finished looking at the house and thankfully we both agreed if we are going to increase our spend on housing that it would need to be something that made sense. The house was beautiful but needed work and for that much money we wanted something to our style and not needing updates (style...

Thank you for all the input. Sounds like its a personal decision and I thank you all for your experiences. We will definitely sit down and weigh the pros and cons. Look forward to hearing more experiences. PS we are looking at the house in 1 hour, then discussing over dinner.