#50s

Did I misunderstand the “catch up” contributions for over-50s

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Did I misunderstand the “catch up” contributions for over-50s Hello, I am wondering whether I made a big mistake with a catch-up contribution last year. I used the backdoor method to fund my Roth IRA last year (2023) and instead of $6,500, I funded $8,500. It was a new account with Fidelity last year. My logic was that those over 50 could fund $7,500 AND up to another $1,000 “catch-up”. But after double…

Reddit Personal Finance 1.2k 2024-07-28

What’s your preferred savings vehicle for 5-10 years of time-in-market (to be withdrawn in one’s 50s)?

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What’s your preferred savings vehicle for 5-10 years of time-in-market (to be withdrawn in one’s 50s)? I have both a pension and decent 401k savings runway, such that my financial life after 60 is pretty well taken care of. But I’d like to semi-retire / get out of the rat race in my early 50s. Theoretically I could do this by saving enough separate from the tax-advantaged retirement instrument. But assuming that HYSA yields don’t stay at 4.4% for…

Reddit Personal Finance 1.2k 2024-07-08

Help! How to Zhuzh Up a ’50s PINK Bathroom with New Window Treatments

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Help! How to Zhuzh Up a ’50s PINK Bathroom with New Window Treatments I am really struggling with choosing window treatments for this 1950s pink bathroom (Floors are black). I think bathrooms are a nice place to have some fun with patterns, but are these black and white patterns too overwhelming since there’s already color and florals going on? 1st photo is current. Appreciate your feedback! ❤️ submitted by …

Reddit Interior Design 1.1k 2024-06-21

LPT – start asking and RECORDING your parents about their lives and their families TODAY. Dementia shows up in people’s 50s, 40s and sometimes even 30s. By the time you realize it, it will be TOO LATE.

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LPT – start asking and RECORDING your parents about their lives and their families TODAY. Dementia shows up in people’s 50s, 40s and sometimes even 30s. By the time you realize it, it will be TOO LATE. The very phone you are mostly likely reading this upon can record both video or just audio (I would suggest audio – video can make some uncomfortable), so USE IT. You might not give a shit now, but one day your spouse or kids are going to ask you about long lost grandparents, cousins or that aunt who moved to India. Or you yourself will start t…

Life Pro Tips 1.3k 2023-12-08

Choosing between Fuji GFX 50S II and Sony A7R V.

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Choosing between Fuji GFX 50S II and Sony A7R V. Hi, I’m saving money to get a new photographic equipment. Professionally I have worked as a real estate photographer and I really enjoy landscape and street photography. I do not rule out dedicating myself to weddings and studio (product, modeling, etc). ​ Thing is, I was pretty sure going for the Sony A7R V (or z8) because they’re pretty capabl…

Ask Photography 99 2023-08-29

I really want to retire in my early 50s. 55 at most. What is the best investment plan for this?

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I really want to retire in my early 50s. 55 at most. What is the best investment plan for this? I’m 27 now and my husband and I live well below our means and have roughly 2-3k a month that we put into savings. We have some debts left to pay off but our plan is to put the majority of leftover money into retirement and the $150k balance left on our mortgage. We specifically want to retire early. I was looking into a Roth but I don’t know if …

Reddit Personal Finance 109 2023-07-29