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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...

DUH!! A good article, nonetheless, for us young dreamers. Looks like 49.9 is the 'sweet spot'.

This Marketwatch article sheds some light on this topic: Public-sector workers: Save more now Robert Powell - MarketWatch The OP's argument doesn't make much sense....you're comparing your income/benefits to someone else.... apples and oranges. Then you cry about it not being 'fair' that...

When I asked about trying to lock in the lower rate (4.125) PenFed advised me that I would have to pay 5/8 points to get the lower rate. I did the math and I would break even in ~10 years....wasn't worth to pay the 5/8 points to get the rate down only 1/8%. Also, I believe the no-cost refi...

Just some FYI, The rates for this promo have recently been reduced. 15yr fixed refi rate is now at 4.125% I'm working with Penfed to try to get this lower rate (originally locked in at 4.25%) and will see how accommodating they are to my request.

Actually, that's what's different in this promo. They'll pick up the 1% origination fee as well. This is a true no-cost refi. I've confirmed this with PenFed numerous times via email and calling them to make sure this is the case. They stated that the only items I'd have to pay at closing...

Just thought I'd post it here on the forums in case anyone was planning to refi in the near future. PenFed is offering a NO-COST refi on their 5/5 ARM and 15 yr FRM. I applied a couple of days ago for the 15 yr which is fixed at 4.25%. They sent me an email stating that the closing may take...

As stated in earlier posts, you can invest in Traditional and convert them to Roths. You'd have until April to invest 10k for 2010 Roths (assuming you're married) and have until next April to invest the other 10k for 2011 Roths. Thats 20k right there (more if you're over 50). This is what we...

We've DCA in the past, however, this is the first year we'll be contributing via lump sum for the very same reason as Rocky. We did not contribute towards our IRAs last year, thus we plan on investing both the 2009 and 2010 contributions this Jan. We will also be converting our 2008 TIRA...

I didn't see this posted anywhere else on the board: IRS Announces Pension Plan Limitations for 2010 IR-2009-94, Oct. 15, 2009 WASHINGTON — The Internal Revenue Service today announced cost‑of‑living adjustments applicable to dollar limitations for pension plans and other items for Tax...

Thanks for the replies... After reading the kiplinger article, I noticed it stated the following: The income limit for Roth IRA conversions is permanently eliminated, but the special opportunity to spread the tax bill over two years applies only to conversions made in 2010. This is the first...