#early

Early 401k Withdrawal to Help with downpayment

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Early 401k Withdrawal to Help with downpayment Hi, 26 year old from NJ here want to make sure I am understanding my early 401k withdrawal request correctly. I worked at a company for about 3 years and totaled $10,771 in my 401k over the 3 years. I have Recently moved jobs and are making much more and they have a 5% 401k match!(I’m putting 8% and they are matching 5, so 13% total) To state th…

Reddit Personal Finance 858 2024-07-02

Social Security questions for retiring early (US)

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Social Security questions for retiring early (US) My fathers (62) health is declining and I’m trying to convince him to retire early instead of working another 3 years until he’s 65. I tried searching but I figured I’d ask here as well. Aside from the 3 years less of SS payments, what penalties would he be subject to if he retires at 63 instead of 65? Edit: apparently the “retirement age” is 67…

Reddit Personal Finance 646 2024-06-30

Leaving a federal job early and pension choices

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Leaving a federal job early and pension choices I currently work for the government with 9 years on. I personally do not like my job and would like to transition to a different field. My choices if I leave early are to take a lump sum of all pension contributions (40K), receive an adjusted pension at 62, or take it early between 49-62 with a 5% penalty for every additional year (if i leave wi…

Reddit Personal Finance 833 2024-06-30

No idea what I’m doing with respect to investing. Early retirement is the goal I guess.

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No idea what I’m doing with respect to investing. Early retirement is the goal I guess. 31 turning 32. At a point where I realize I kinda don’t know what I’m doing regarding investing. Here’s my breakdown right now Savings (not high yield, don’t know much about those): 65k Roth IRA: 30k (investing in total stock market) Traditional 401k (invested in s&p): 65k Crypto: 3k Debt: 20k student loan, $450 credit card debt I’m just blindly…

Reddit Personal Finance 477 2024-06-30

Are my wife and I on track for early retirement?

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Are my wife and I on track for early retirement? Hey everyone! Hope you’re doing great. Just wanted to share our financial situation and see if you think I’m on track for a decent retirement. My wife and I are both 29. My wife is a stay at home mom and I’m a full time firefighter. We have around $120k between our Roth IRA’s ($90k in mine and $30k in hers). I’m maxing out our HSA account and I…

Reddit Personal Finance 629 2024-06-29

Paying car loan early

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Paying car loan early What is the pros and cons of paying off my car loan ? Interest rate is at 2.7% and 6k left to pay 12 months left. submitted by /u/Hot-Link-3063

Reddit Personal Finance 576 2024-06-28

Help me out: What is the new rock that’s popular with people in highschool/their early twenties?

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Help me out: What is the new rock that’s popular with people in highschool/their early twenties? I’m 32, and this is week the Mr. & I are at a cottage without internet, which is unusual for us. So we’ve been listening to a lot of radio. Listening to the local rock stations, we noticed that there’s almost nothing we don’t recognize. Like the most recent song we heard in the last two days was “Survivor” by Nathaniel Rateliff & The Night Swea…

Reddit Music 1.2k 2024-06-25

Taiwan – Early Hotel Check out / Super late flight home

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Taiwan – Early Hotel Check out / Super late flight home Hello guys May I please have some recommendations on where to go or where to leave luggage until we’re ready to go to the airport We are going to stay in Ximending and on our last day we check out from the hotel at around noon but our flight is waaay later at 2:00 AM submitted by /u/Sufficient_Ad_8989

Reddit Travel 381 2024-06-20

Mexico in Early August- Beaches

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Mexico in Early August- Beaches My friend and I ( women in our late 20s/early 30s) are travelling to Mexico in July and August for a bit over a month and are trying to figure out which beach area would be best in terms of weather. We come from a hot climate (trying to escape winter at the moment), so temperatures in the 30s don’t bother us, and we are used to humidity. We were…

Reddit Travel 1.1k 2024-06-20