Seems like a great set up. When your kids are older you can make more money. Being home and available for your children is an awesome benefit.

You are probably better off than 95% of the people in your age range, in terms of what your able to save towards retirement. Remember that most people don't even have $1000 in savings. Your probably putting away $1000/week towards retirement if your both maxing out your Roth IRA and your able to shuttle your kids around.

My wife left the workforce and stayed home (with our young children) for 7 years. She now works from home 30 hours a week. Very flexible. I'm still on track to retire by 50 with a pension and my 401k/Roth. Wouldn't change a thing.

I don't work in private industry, but I imagine it's very competitive and the idea of climbing the latter is present. But opportunities will always be available down the road for those that are competent.

>But it says when installation is completed, not when placed into service?

The law uses both terms. Just click the link and read the law.

agree. I started off with Betterment and when I grew to a significant balance I "graduated" to Vanguard just as you describe. Vanguard advisor will give advice as a fiduciary even for non-Vanguard accounts. I was surprised when he agreed with my decision to save in a deferred compensation account that resulted in less investment in Vanguard.

Thanks!

My thoughts exactly. One name on the mortgage. Everything else will sort itself out as far as splitting costs, etc. Don't make things legal with someone you are not legally married to.

I do my monthly financial statements and from that my net worth statement.

These provides my an opportunity to log into all the accounts and verify i am alive.

Some of those I do during the year multiple times, my mutual funds I only do maybe once or twice a year and mostly December and January.

In January I get the privilege of prepping to do my taxes and then start on them in earnest in February. Some companies just refuse to provide tax documents in a timely manner. I had two companies that always sent me letters in April that I needed to file an extension because they did not have their act together. After four years of that, I jettisoned them.

During the year I keep track of how much in dividends we get each month to get a handle on when they come in for that retirement thing.

Yes, you leave tax-advantaged accounts alone until you have exhausted all other accounts. But why do you have to withdraw? No job? Emergency spend? Bad budgeting?

i can really only come at this from my own perspective. it seems like you are doing alright. consider what you want to save money for? to be secure enough to take time to spend with family etc? which this job allows already so thats worth something. if you think your vehicle would make it 3 years beyond being paid off, that time of no car payments might do it for the desired reno? that would be about 12 something thousand above and beyond.. and it sounds like you could get a signature loan for something like that. i think the journey and the destination are both important ya know. maybe the reno is more, i dont know what you guys are comfortable with etc, but my point is you will be +352 debt to income fairly soon. maybe that could help with the reno stuff.

I can create a brokerage account within my 401k. at the same time I have never seen a rollover that wasnt via a check.

Yes, you are right. There are a bunch of index funds at my 401k. I dont want to sell, rollover, and rebuy all index funds later.

I used to use an app called Digit that would round up my purchases to the nearest dollar and put that left over ¢change¢ into a separate account aside of my checking account. Over time it learned my spending behavior and asked if I wanted to withdraw a little more than just the left over change so I’d have more in the separate/ secret account. I’d spend less over time but the best was when I actually looked at the account after a couple of months and was like “Whoa, I have an extra $800?”… I stopped using the app because it was free when I started and then they switched it to a monthly subscription. It’s a couple of bucks(3-5), but if you’re looking for something to help you be aware or change your habits, maybe take a look at apps like Digit.

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A 401k? Usually (though obviously not always) those are managed for you and you don't have the direct control over individual stocks.

If you had, say, a rollover IRA at ETrade and a rollover IRA at Fidelity and you wanted to move stocks from one to another without selling them, you can definitely so that. But a 401k would be more dependent on what your company let's you do.

With the various ones my wife and I have had with different jobs, we have never been able to buy individual stocks - we just pick out funds - and so there are no individual stocks to roll over.

>I tried to look at premiums and they wanted $1600 a month and I noped out.

idk, I'm also confused about the medical insurance, because a few of my friends pay literally nothing and get the premiums from their employer.

The health plans (cigna) my employee provides are:

• HDHP ($0/month)
• Core ($150/month)
• Premium ($320/month)

a rollover will liquidate the funds and issue a cash check.

Not all insoles are FSA eligible.

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You may be a good candidate for one of the robo advisor services (wealthfront, betterment) or if you occasionally need a person try out vanguard personal advisory service. The fees are relatively low and gets your excess cash into the market.

I think most of your friends on here and the bogleheads reddit , which are both full of great information would recommend you do it yourself, but I figure if you were predisposed to reading up on modern portfolio theory you woulc have done it already.

Thank you for your feedback.

> How are your taxes so low?!?! I pay ~$15,000 more in taxes than both of you combined but I make significantly less than M. Hell, even federal income tax alone for me is about what you pay in overall taxes, let alone social security tax, state income tax, etc.

I think you pay less when you are married and fill jointly.

> I'm very jealous of how low your rent is! I pay $2600 a month and I live alone...I'm also jealous of how little you guys pay for health insurance

Yeah, I think this is because of the suburb and our landlord hasn't raised it for several years. We are very lucky.

> Whatever the $3300 in debt is, I would just pay it off immediately. You can certainly afford it and with high interest rates these days I wouldn't want any debt no matter how minimal it is.

Yeap, I couldn't agree with you more.

The app is: https://sankeymatic.com/build/

You don't need a band aid app or special account, that I'm doubtful even exists. You are 24. You just need to learn self control. It's part of adulting that you just have to do on your own.

Yes, you are. Taxes would have to be included in your annual expense estimate. Keep in mind, if your income is low Social Security will not be taxed.

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https://sankeymatic.com/build/

The late 90s and early 2000s had nothing to do with having an advisor or not. That was peak dot com bubble burst. If you think now is bad, this doesn't compare to that.

What are you wanting a financial advisor to do for you. You should probably be doing more than trying to max out 401k and IRA. On top of that you can just invest the same way but in a taxable account. Excess savings without a clear objective in T bills/CDs/HYSA isn't smart in the long run. Define your purpose and invest that way. Mindlessly throwing money in savings isn't smart.