PebHmong Discussion Forum
General Category => General Discussion => Topic started by: lexicon on June 28, 2022, 10:30:25 AM
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Everyone still doing good?
No hypotheticals. Just thinking about my current losses and whether or not to maintain my current contributions.
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everything is down these days
you are not the only one..
give us a little background
is your employer contributing matching?? 4-6% whatever your workplace offer
for example:
if they matching 6% up to 100%...
for every $500 you put in, they match it $500 = $1000
that's a 100% gain easy no effort
i take that all day....
also look at what your 401k investment are
by default... it should just be a target date index
see what your HUman resource financial guy is
sometimes they outsource it to 3rd party
it's all YMMV
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the route has always been:
i wrote it in the investment section..
step 1: 401k matching 4-6% whatever your companies is matching
step 2: $6k roth ira for you, $6k roth ira for your nonworking/working spouse= $12k
step 3: go back step 1 and max our your 401k ... it's $20,500
step two $12k is already hard enough for alot of folks already
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Matching 6%. I'm putting 9%.
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long run, you should be fine. No worries. O0
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Everyone still doing good?
No hypotheticals. Just thinking about my current losses and whether or not to maintain my current contributions.
Keep it going... the market will swing back up before you retired.
I don't check mine that often because I'm in it for the long run and still many many years before I retire.
Matching 6%. I'm putting 9%.
I usually reach my max out point by Sept of every year... I'm at 17% currently and set it up to increase 1%/yr.
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Matching 6%. I'm putting 9%.
You need to check what kinda of investment you have in your 401k
Lol…. You might have crypto in your 401k
Some 401k allow you to go into sections like oil and tech
Or have high risk investment
Alot if them just offer target date index
Check with your Human Resources
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Just disappointed to see the lost.
Thanks for all input!
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Keep it going... the market will swing back up before you retired.
I don't check mine that often because I'm in it for the long run and still many many years before I retire.
I usually reach my max out point by Sept of every year... I'm at 17% currently and set it up to increase 1%/yr.
LMAO
17% and maxing the $20500 limit by September
Bro…
That means you are making $200k+++ per year
;D ;D ;D
DAMN EVERYONE HERE IS A FAKER
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Just disappointed to see the lost.
Thanks for all input!
You shouldn’t be down more than 20-30%
Thats if you just go passive market index
If you are crypto they are like 70-80%
Maybe more
Lol
CHECK WHAT IS IN YOUR 401K
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Its HUNGLOW
you know that dude is always making up shyt
Final fantasy stuff into existence
$200k+++ is really high incomer
These poor trump supporters likes to cosplay like they are rich boy ELON
;D ;D ;D
Plus 401k has cap limited
Its $20500 for this year
They may or may not raise the cap next year
You can’t just increase it by 1%
;D ;D ;D
LMAO
17% and maxing the $20500 limit by September
Bro…
That means you are making $200k+++ per year
;D ;D ;D
DAMN EVERYONE HERE IS A FAKER
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You shouldn’t be down more than 20-30%
Thats if you just go passive market index
If you are crypto they are like 70-80%
Maybe more
Lol
CHECK WHAT IS IN YOUR 401K
Close to 30% :'(
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LMAO
17% and maxing the $20500 limit by September
Bro…
That means you are making $200k+++ per year
;D ;D ;D
DAMN EVERYONE HERE IS A FAKER
Bro, I'm poor like you... OK. It must be my calculation bro... are you ok with that now.
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Its HUNGLOW
you know that dude is always making up shyt
Final fantasy stuff into existence
$200k+++ is really high incomer
These poor trump supporters likes to cosplay like they are rich boy ELON
;D ;D ;D
Plus 401k has cap limited
Its $20500 for this year
They may or may not raise the cap next year
You can’t just increase it by 1%
;D ;D ;D
Damn!!! I didn't know there was cap limit. Well, I guess I need to increase it by 50% then. All this time, I've been F-ing it up.
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Bro, I'm poor like you... OK. It must be my calculation bro... are you ok with that now.
Damn!!! I didn't know there was cap limit. Well, I guess I need to increase it by 50% then. All this time, I've been F-ing it up.
Yes…
401k has contributions cap limited
Its $20500 for this year
Just estimating… asumming 0% match
You need a income of $100,000 at 20% to hit that $20500 limit
Because you say you cap it out by SEP.
You must be making $200k+*
;D ;D ;D
We know you like to make up shyt into existence
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hmooboob, how much I'm making if my company max mine for free? I don't put anything into it but the company does so it is already 100% for me at the start. No lost when you play with house money. O0
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Everyone still doing good?
No hypotheticals. Just thinking about my current losses and whether or not to maintain my current contributions.
(https://i.imgur.com/mCBIRJi.jpg)
You haven’t lost anything yet and what you are contributing now will equate to bigger profits when the bull runs again. I may be down 20+% now but over all, I’m still ahead.
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(https://i.imgur.com/mCBIRJi.jpg)
You haven’t lost anything yet and what you are contributing now will equate to bigger profits when the bull runs again. I may be down 20+% now but over all, I’m still ahead.
Yes, I'm being short sighted. I was looking into a house reno and could of used that $$$. Timing was off.
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Bro, I'm poor like you... OK. It must be my calculation bro... are you ok with that now.
Math don’t add up
You are just like them poor redneck waffle house flipper
Its just hard to max your 401k if you don’t earn high income
;D ;D
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hmooboob, how much I'm making if my company max mine for free? I don't put anything into it but the company does so it is already 100% for me at the start. No lost when you play with house money. O0
That is unrealistic
You need to be in like higher management role and shyt
You are just a low wage scrub
Some unimportant employees
$1-3k on your 401k
Look at LINE 12 on w2
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Yes, I'm being short sighted. I was looking into a house reno and could of used that $$$. Timing was off.
Just apply for FHA loan
Try to pay zero down if you can
Walk away FORECLOSURE if you don’t want to live in it anymore
It will just be like renting
Take a credit hit thats all
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That is unrealistic
You need to be in like higher management role and shyt
You are just a low wage scrub
Some unimportant employees
$1-3k on your 401k
Look at LINE 12 on w2
(https://i.imgur.com/FapNxag.jpg)
I’m just an unimportant employee but I managed to max line 12b every year.
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I’m just an unimportant employee but I managed to max line 12b every year.
I usually reach my max out point by Sept of every year... I'm at 17% currently and set it up to increase 1%/yr.
I don't put anything into it but the company does so it is already 100% for me at the start. No lost when you play with house money. O0
Lol
Bro don’t you know already???
Everyone in here on PH has a MASTER DEGREE And makes $200k++
Lots of fake dr tom wannabe
Has millions of dollars
;D
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Lots of fake dr tom wannabe
Especially this one:
i'm almost a millionaire guys...no clickbait post....click to learn
THEREFORE:
yeah i just make that stuff up
Just lied, dude
HIS WORDS, NOT MINE... ;D ;D ;D
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"YEARRRSSS" later and:
im poor man
THAT GUY's WORDS, NOT MINE...
***SCRATCH HEAD***
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That is unrealistic
You need to be in like higher management role and shyt
You are just a low wage scrub
Some unimportant employees
$1-3k on your 401k
Look at LINE 12 on w2
You working in the wrong place bra. You missing out big time. Here are some more companies that has a good 401k program for you. Ride with the best or sit on the sidelines and see PH millionaires and get thirsty. :2funny:
General Motors
An automaker that once filed for bankruptcy might not seem like a good candidate to offer competitive employee benefits, but General Motors does just that. Its 401(k) plan provides employees with both a match and GM retirement contributions. According to one employee on Glassdoor, you receive a 3% base contribution plus GM matches up to 4% on top of that
https://www.gobankingrates.com/retirement/401k/companies-with-great-401k-plans/ (https://www.gobankingrates.com/retirement/401k/companies-with-great-401k-plans/)
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THAT GUY doesn't even work, just leech off the elderly folks that own the basement he lives in...
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THAT GUY doesn't even work, just leech off the elderly folks that own the basement he lives in...
They should give basement dwellers a 401k package too. For every bum days, we will match it :2funny:
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You working in the wrong place bra. You missing out big time. Here are some more companies that has a good 401k program for you. Ride with the best or sit on the sidelines and see PH millionaires and get thirsty. :2funny:
General Motors
An automaker that once filed for bankruptcy might not seem like a good candidate to offer competitive employee benefits, but General Motors does just that. Its 401(k) plan provides employees with both a match and GM retirement contributions. According to one employee on Glassdoor, you receive a 3% base contribution plus GM matches up to 4% on top of that
https://www
.gobankingrate s.com/retirement/401k/companies-with-great-401k-plans/ (https://www.gobankingrates.com/retirement/401k/companies-with-great-401k-plans/)
Just your average joe $10/hour
Workplace benefits is you get a job
;D ;D ;D
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I invest in my baby niece's and nephew's life insurance through Fidelity. $200k each, I'll wait 20yrs, and take half O0
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I invest in my baby niece's and nephew's life insurance through Fidelity. $200k each, I'll wait 20yrs, and take half O0
Don’t think they going die in 20 years
Probably you die first
Invest in your 401k at least 4-6% whatever they matching
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They should give basement dwellers a 401k package too. For every bum days, we will match it :2funny:
;D ;D ;D
All he does is leech off the elderly folks he lives with, doesn't even work. In fact, when he's all into COD, he even demand that they spoon feed him so he can continue playing video game.. :idiot2: ;D