Job doesn’t offer 401k, what to do? Hi! I’m a mid-30s married woman who just started a new job making $145k, but they do not offer any 401k. My husband makes $120k and maxes out his 401k (with matching). Together we have a HYSA with $156k in it—we know we could invest it but we thought we would buy a house this year and it would’ve been the downpayment. We have no kids yet but wan…

Separate emergency savings Never understood this until I walked out and found my truck missing. $300 tow ticket coming out of my savings? Brutal. Week-ruiner. $300 out of emergency savings account? Feels like paying with Monopoly money. Couldn’t be less upset. So glad I set it up and would recommend to anyone who hasn’t yet. submitted by /u/chadwickbradford

Filing taxes for a deceased retired person So, my mom passed away a couple months ago (specifically, the day after Thanksgiving), and luckily for me, I’m the executor of her estate (yay). Anyway, it’s the start of tax season, and so far I haven’t seen a single tax document get mailed to her. She was a single woman (dad passed several years ago), who had been retired for a number of years…

How to avoid “Penny wise, pound foolish” I’m mid career with a modest portfolio, a good salary, and solid 401k. I spend very little time on my investments – I just let my 401k auto rebalance among a handful of funds, stick to simple mutual funds in my brokerage account, etc. However, I find myself stressing over having a few too many streaming services, or paying $10/month more on cel…

Employer erroneously doubled my 401k contributions Title says it all. I elected part of my profit sharing to fill the 23.5k limit of my 401k. Woke up this morning and it’s 47k! Happened to other employees as well. Other than notifying the company what else should I do? My funds are automatically invested. Should I try to cancel the automatic order and sit on the money in “cash” until they unscre…

What to do for my son? Hello. New poster here. Expert at lurking. To make it simple, my son is 1.5 years old. I want an account for him that can be invested. Preferably under his name if possible? The plan is to let him have access to it when he is 15-18 to buy himself a car or use for college. I prefer no restrictions but not sure what is out there. Currently, the mo…

All of a sudden have a 457b? I had been contributing the max to a 403b. I left that job last month. Today, I looked at my retirement account and all of a sudden I now have money in a 457b? Then, I just got this email from fidelity: “You are receiving this notification because you have a balance in your XXX 457B PLAN and do not have an electronic funds transfer designation …

Currently underfunding my retirement yet still contributing a modest amount to a 529 for my kid. I’m a late bloomer on financial planning and had a kid later in life (40). Started with 0 put away but I’m slowly inching my 401k contribution up to the max, but I’m probably 2-4 years away from that. I’m also putting $50/month in a 529 for my kid also with the goal of increasing it but I’m wondering if I should hold off on that until my retirem…

Why are annuities considered bad investments? As the stovk market has grown so fast the last couple of years, sometimes I think it would be wise to take a chunk of money “off the table” and put it in an annuity to start paying out in retirement. Is this stupid? submitted by /u/PlayMaker566

Just turned 18 years old and have about 23,000 ILS (6,400 USD) in cash. What should I do with it? I’m an 18-year-old male from Israel with 23,000 ₪ (6,485 USD) in cash. What should I do with it? I just turned 18 years old a few days ago, and have about 6,400 USD in cash that I saved over the past 2 years working summer jobs, dog walking etc. For the past 6 months, I’ve learned a lot about financial planning and investing. I’m currently readi…

Watching my dad and FIL ‘age out’ of their careers has me (31) terrified of the same fate. How do I avoid this? I’ve been wrestling with something that’s been eating at me lately. I work in tech/product management, and I’m witnessing both my father and father-in-law go through what I can only describe as a slow-motion career crisis. Both are good workers, but they’re stuck in this horrible limbo where they hate their jobs but are too scared to make any mo…

Am I making right choices with my 401k and Roth Ira Hi everyone. I’m 42 this year. Have a 401k with fidelity at around $280000 which i add about 18% and company does 6 % match. Have a roth Ira with fidelity at around $47000 and add about $200 a month. I could be wrong but I don’t think I’m maxing either of them. Should I just add that extra 200$ back into my 401k ? Kicking my self in the foot fo…

Should I be worried about prepaying a full year’s rent? I’m an first-year PhD student in Wisconsin, and I’m trying to rent an apartment, but I don’t have a US credit score or a co-signer. Because of that, the landlord (CHT Apartments) is asking me to prepay a full year’s rent to secure the lease. I’ve checked that they own the building and they use AppFolio for payments, so it looks legit. But since …

Always get a bout of anxiety with larger purchases As it says, my anxiety tends to spike when we make larger purchases. Last year, we dropped $10k+ on mini splits to add AC and help support the furnace and it gave me a few weeks of anxiety. This year, we are redoing our floors and counters and it’s another $13k. The mini split project was a bit of a surprise, so I can understand that a bit bette…

all of my money stuck in a frozen account I’m 21f for reference. I have a teens capital one checkings account with my mom having parental controls. I never got around to changing it to an adult one after turning 18 and thats never been an issue until now. The card stays unlocked and I do what I want. This morning my mom woke me up saying that capital one called and her because theres be…

Question about potential gift from parents Last year my parents lent us money to purchase a home in NY state. We made sure to set up a repayment plan that included interest to keep everything above-board with the IRS. This year they are expecting a large sum from the sale of a property in my late grandparents estate and they want to pass that inheritance into our loan. My question is wou…

If you had to choose just one: Roth IRA or 401(K)? A little about my situation, i’m a 30 year old union tradesperson. I have been living paycheck to paycheck most of my life and I ‘m finally starting to make enough money that I can afford to invest about $100-200 a week. Through my union I am vested for 2 pensions that will hopefully cover a majority of my retirement but I want to do more for my…

How conservative is too conservative? This is an honest question, so please don’t assume I’m some kind of doom and gloomer. I’m recently retired, 60. I’ve been investing since the mid 90s. I’ve been up, and I’ve been down. I’ve chased gains, and I’ve been conservative. I’ve lived through a bunch of crashes including 87. I got basically wiped out in dotcom, and no sooner recovered fr…

Just found out my mother is in debt My senior (73) mother recently lost her husband. Unbeknownst to me, she racked up significant debt during the last 6 years while he was seriously ill. Medical debt, general credit card debt, etc. She also has not filed taxes for the last 8 years. She gets SS (about 1300/month) and has a small investment fund with about 20k in it, and some shares…

Front-Loading Solo 401(k)? I’ve contributed $2400 so far in 2025 as an employee, with $932.50 from my employer. I’ve switched jobs and will now be employing myself through a single employee Professional Corporation with S corp status. I start in March and will do my first payroll in April, so expecting to have 9 monthly checks in 2025. I know the employer can contribute t…