Well, how much do you have in your 401K and how old are you?

37 y/o

Married, 2 kids
retirement accounts: 560K
529 College: 60K
Taxable/liquid investments: 40K
Savings: 25K

No debt except the mortgage, put on a 10 yr at 2.89%. 120K balance (330K value). Live in the midwest, so real estate more reasonable than other areas of the country.

 

At your age, that is a nice amount for a retirement balance. You should be in good shape. The rate on the mortgage is low, but you should be able to knock that put in short order given the low balance and can then plow a bunch of money into your after tax investments.

Good job!

 

DIS at 105 now!

You can still get Ford very cheap at 16.00...its probably the best value in the market now for those of you that are not sophisticated enough to understand the NASDAQ, and are generally too trusting of financial advisors, who destroy with their commissions in the long run. Good luck!

Yes, the NASDAQ is where people make money....I am sure that only about 10% of you know that.

 

All the financial advisors are feeling good right now, but I would have liked to see their email logs in March 2009.

 

Buying single stocks is a recipe for diaster. People are much better off buying low cost index funds. There is plenty of research to back this up. Even Warren Buffett, who knows more than most and can swing value on his own, tells everyone that this is the route to go for individual investors.

 

Age 48
401k - $310k
IRA - $31k
529 - $18k
Savings - $95k
Owe ~$400k on an $800k home (12 yrs left on mortgage)

Gov pension that should be around $55k/yr or so (1.1 of high 3 *yrs of svc)

Plus SS (or what's left of it!)

 

DIS is at 111...and you call that guy mentally ill when he suggested a buy around 60, at the stock market peak.

LOL.

 

You are the mental guy. Stop pretending otherwise. Also missing is all your loser stocks. There is no need to take a much riskier path in buying single stocks, when you go down the route of using low costs index mutual funds that have been proven time and again to perform better, with lower risks and costs versus those buying individual stocks.

 

Typical brain dead response from a person who lacks wisdom.

"diversification is for idiots" -Mark Cuban.

So, your pea sized "drug rep" mind is smarter than Cuban right? And your friend "mental boy" gave out a winner at the peak of the market, and you are still so foolish to not even recognize it. You are a terrible human being...and that is obvious to any wise person.

 

Hi mental boy.......still pretending to be someone else, I see. Like before, you are showing signs of transference in which you are referring to yourself when you use the words "brain dead" and "pea sized".

You really need to get help. You problem is not getting any better.

 

38 y/o

Married, 1 Child
retirement accounts: 990K
529 College: 15K
liquid investments/Savings: 100K

Only Debt is mortgage of 340k on house with 500k value.

 

26 years old
401K $16,000
Roth 401K Rollover $2,500
Savings $7,000
Brokerage $3,000
HSA $1,500

I feel behind for my age. I'm also looking to be debt free in 1.5 years as well and stay debt free.

 

Put at least 15% (preferably 20%) away in retirement and get your debt paid off and you will be ahead of 90% of those around you. Most people your age have $0 in savings and retirement and a pile of debt.

 

Thanks that is the plan is to be debt free soon and start putting away 15% into retirement.

 

Age: 46
4 Kids

401K: 900k
After tax savings/brokerage account: 4.1 Mil
529 college savings: 425k
house paid off: 500k
no pension

 

I call BS on this post, no way you make that scratch in med sales, If true I hope you retired early

 

51 yrs old
401k - $750k
IRA's - $100k
529 - $50k
Brokerage:$10k
Savings: $330k
RE Value: $655k
RE Debt: $352k
Life Insurance FV:$150k
*RE includes 1 rental and primary.
Media Sales and Management

 

Totally doable. I bet there was a stock option in play here.

 

Just a heads up. You do not qualify your retirement savings. If its all in IRA's, your MD is going to be huge when you hit 70.5. Are you planing on using some of it to pay for Jr.'s education?

 

52 yrs old
Married with 4 kids (2 at home)

401k - 900k
IRA - 100k
After tax inv.- 1.6 million
LTI (2 more years to vest) - 600k
Checking/ Money Market - 100k