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  1. M

    30/f, making only $750/mo. Trying to save but now impossible

    @vianney That speaks more to that specific individual. The smarter veterans have extensive disability claims and make more once retired than when serving. And it’s mostly tax free. Then get a kosher city/state job and coast into retirement.
  2. M

    Bank is offering 4.6% APY - should I park $220k my savings in there?

    @jespy You will regret not investing in stocks as you get older. Your 200K might be doubled already if you had invested it. You can choose to keep ignoring the markets, but just know, reading one book will give you the knowledge and courage to branch out. The book is by JL Collins, called The...
  3. M

    Is there alternative to the normal 401k/Roth iRAs. That’s pre-taxed, and doesn’t have age restrictions?

    @chriscrossan 72t and rule of 55 are the most common. But there are so many reasons NOT to access it early, so most people never need this. Those that are looking at retirement under 60 need cash flow. They often set up Roth bridges or CD ladders.
  4. M

    Is there alternative to the normal 401k/Roth iRAs. That’s pre-taxed, and doesn’t have age restrictions?

    @chriscrossan Well, you have no real options. If you want to contribute pre-tax, it’s your employer 401K or a Traditional IRA. That’s it. Both are designed for access at 59.5, but there are ways to get the money earlier.
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