Recent content by pjigar

Whatever floats your boat.

If current and future marginal tax rate is same then contribute to Roth. Better to be safe than sorry.

After-tax contributions to traditional IRA must be "converted" to (backdoor) Roth IRA for the gains to be not taxable in future. Note that your traditional IRA should NOT have any pre-tax balance for the backdoor conversion to work at it's full potential. If you don't want to jump through hoop...

Yes, I remember reading about it. Thanks for clarifying. If that is what you are going then a large portion of the rest of the portfolio should be in stock in order for it to work.

If you ever decide to hold 100% (or >70%) equity then do it slowly over the years (like 5-10 years). This will minimize SORR risk. Google "equity glidepath". Following in particular talks about equity glide path with long duration...

Two comments: 1. If you have a long time horizon then you should run two FireCalc scenarios, each with half the time horizon. First scenario: use the current portfolio balance. Second scenario: use the lowest balance of the first. There is no science but this is what I used to do when I was...

You are doing great. Again, nominal numbers are deceiving. People with larger portfolio tend to have larger expenses. All you should care about is (your spending)/(your portfolio) number.

Hitting first million felt like forever: over 14 years if not more. The next million was in a little over 5 years. Last million was in 2 years. PS: These are nominal numbers and I always tell my friends: Nominal numbers are deceiving. After accounting for inflation: First million was 12 years...

We did a similar trip last fall. 3 nights at the Wuksachi Lodge and you can leisurely cover all major attractions and hikes. If you want to hike all trails starting from a packing lot then you may need 5 nights. The temperature can get pretty cold depending on the weather so be ready. We...

Your savings rate is great but the devil is in the detail. Your spending amount is the biggest variable so if you want useful advice then share details on your spending and investments. Having said that, RE is possible in a decade with that kind of savings rate. I was in a similar spot a decade...

Yes, raised mounds at strategic locations where you need them. Washout can be minimized if you mulch around and on the mounds. You can do decorative rock boarders if that appeals you. Basically the idea is to raise the ground rather than digging it. PS: I have attached couple of images: Imagine...

We are 60% equity and 40% Real Estate for over a decade and plan to keep it this way forever. We are FI but not RE.

This one is so easy. Just do raised beds spaced enough to have drainage space in between. Follow the slop lengthwise for a proper drainage.. Once you raise beds, you will never go back. The side walls can be cheap cedar fence pickets, or 2x6 treated wood or anything fancy like metal, moulded...

Like others have said, it would be a lot easier from this point forward. First million is the hardest. It was for me. Hitting first million felt like forever: over 12 years if not more. The next million was in a little over 5 years. "Hiding money" also work for me. A little over half of my...

I work in an industry where there are only 3 companies world wide. But I still was able to switch employment. It is possible. Just tap into the people you already know.