Retirement Planning
167 Threads
It's crazy how few people know about cash balance retirement plans 401k's are limited to a maximum of $66K / year But a cash balance plan lets you get a tax deduction of $200K+...
I think the FIRE community pays very little attention to the decumulation phase. That is where the math gets interesting.
I've spent 11 years studying finance. Wild. Here are the 7 most important finance rules:
Step 4: Use Raises to Increase Your Contribution Rate The difference between a 1% and 7% 401(k) contribution rate from age 25 to 65: over $1.1 million (assuming 8% ann. growth rat...
Most people work until they’re 70 & don’t get freedom until they retire. Here’s how you can retire in the next 10 years starting from $0: https://t.co/HnazwsKfJd
Nobody Gets Rich With A Salary. If You Want To Retire Wealthy. Focus On 6 Things 👇 | Thread | https://t.co/3ZTpBipQjz
I'm turning 65 next year, and people are telling me about retirement, but no one is telling me WHY I should retire. Why do people retire from work? Who came up with this idea? 🧵🧵
NOBODY GOT RICH WITH A SALARY. IF YOU WANT TO RETIRE A MULTI-MILLIONAIRE IN THE NEXT 5 YEARS, FOCUS ON THIS. https://t.co/xoIZLuL88z
In 2023, you can only put $6,500 into a Roth IRA. But if you have the right 401(k) plan, you could potentially put an extra $43,500 this year into a Roth IRA. Here's how you do i...
If you want to retire a multi-millionaire in the next 5 years, Open this: -Thread- https://t.co/P0DXhY2QhS
For 20 years, China used financial repression to force working-class savers to subsidize a crap-ton of investment, only some of which benefitted those savers. At the same time, it...
My fiancee came up with this idea to fight inflation without raising interest rates, and I'm yet to figure out its flaw. Instead of giving the bank more money, why not increase th...
A Roth IRA is one of the most powerful tools you can use to become extremely wealthy. But there’s so many misconceptions about them which keeps many from taking advantage. Let me...
NPS Regulator .@PFRDAOfficial will soon allow systematic withdrawals. It means you will be able to withdraw a fixed amount every month from NPS after retirement. The best part: T...
If you are earning ₹2 lakh per month today, can you #retire comfortably, with a monthly #pension of ₹1 lakh? This is exactly what Rajesh, a 40-year-old #IT professional, is wonderi...
A Roth IRA can make you a tax-free millionaire. But only 10% of Americans own one. Here is everything you need to know about Roth IRAs:
Money is a tool, and every dollar you own should be working for you (even while you sleep). Retirement isn't an age, it's a number in an investment account. Here are 10 tips on bu...
Do you know how much money you’ll need to retire happy? Use this guideline to find out:
Retirement isn't an age, it's a number in an investment account!!! Schools won't teach you this but I will, so here are 15 tips everyone should know about money (to retire before...
If you're torn between saving for retirement and paying off debt, consider this below:
By the age of 30, you have to understand these financial rules if you want to be in control of your finances:
Retiring early is a dream for many, but with careful planning and disciplined habits, it can become a reality. Here are 10 tips to help you on your journey to early retirement:
10 images every investor need to memorize: 1) Retirement Accounts: https://t.co/VvYqXBc8jq
If You Want to Retire A Multi-Millionaire By Age 40-50: - Thread - https://t.co/rx5elNoPcL
