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Nov 14, 2024
6:26
:04
pm
Coach's Dad
All-American
You are talking about 401k contributions so RE and brokerages aren’t relevant.
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Coach's Dad
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Coach's Dad
Joined
Jul 29, 2003
Last login
Nov 14, 2024
Total posts
17,598 (430 FO)
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Messages
Author
Time
Congrats Boomers- “Super Catch Up” 401k limit age 60-63 $34,750 for 2025
SwanSong
3:52pm
And we all have $34,750 lying around that we were wondering what to do with.
Kilgore Trout
3:56pm
Put money in this tax deferred plan until you die soon!
NYCougz
4:00pm
Until they die in 25 yrs then kids get it for free
HeyU
4:02pm
No they don’t. Taxes will be paid over 10 years when they inherit it.
Coach's Dad
4:18pm
Only pre-tax retirement accounts not RE, Roth, or brokerage 🙂
HeyU
5:43pm
You are talking about 401k contributions so RE and brokerages aren’t relevant.
Coach's Dad
6:26pm
I’m taking what the OP was talking about which includes all
HeyU
6:34pm
You're welcome. What else can we take from you?
Hoopster
4:03pm
The leech generation
Corn
4:14pm
Excuse me.
FastForward
4:33pm
Nicely done!
PA_pete
5:14pm
My special rate was 14% in 1981. Yes we are getting taxed to death.
sfeuz
5:30pm
Classic Boomer rant
BIG XII Coug
8:39pm
“My first house interest rate was 89% in 1979” but house cost $115k so……
SwanSong
8:51pm
I mean… in that scenario you’d need a salary of like $150K+ to pay the mortgage
SuperTank
8:55pm
Ow waaaah my interest rate was 13%, but my $75,000 house is now worth only a million. Cry, boomers.
Virginia Ute
9:01pm
My pension is worth less now!!!!!! 😠😡🤬 LOL. What's a pension. No one gives those out anymore.
BIG XII Coug
9:05pm
To pay $750k into SS, that means you paid in for 36 years at the 12.4% max if self employed. Or you paid in at
unctoothman
9:28pm
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