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Go to olt.com, plug in your numbers, see what comes out - 2022 software is already online. No reason to guess at results.

Spend some of your work time developing new skills and learning about different parts of the company, instead of keeping your nose to the grindstone every second. Yes, using some of your working hours that way may require you to do some overtime. But if company expects you to pick up some of the managerial responsibilities, then you need to be sure you’re also continuing to develop skills.

This is the answer. No state taxes.

The limit is much much higher than that due to the lifetime exemption. Read the gifts wiki for more information.

Also, the annual exclusion is now $16,000. That's effectively just the limit for the giver to avoid filing a form.

You’re in an enviable position. Spend time on that side bar. I wish I had that resource when I was younger.

I’m sure others will have more detailed recommendations as the thread progresses.

No. You've no recourse. Agreements are worded with cliffs for this exact reason. Unless you have "you can keep your stock options and X will vest immediately" in writing. Otherwise they will just say you misunderstood the verbal discussion (which maybe you did). Move on.

Looking - what about asking? I don't know what your relationship is with your boss, but if the company is doing well see if they could get you to 38 or 40. Three years ago I would've said go. I now have two kids and I understand the value of the flexibility and familiarity you have with your employer. That kind of thing means a lot. At a certain point, time with your young children is more valuable than any amount of money. It seems like your family is doing well. Your basic needs are met, and then some. In a couple of years childcare will come down if you're in public schools. Renovate then, perhaps. I understand the burdens of childcare all too well. Planning to redirect some that money to 529s when the time comes. Best of luck to you, I love the idea of living in that area of the country. It seems like an idyllic life.

I’m covered for retirement

I have 10000 which is enough for 6 months plus my partner

No I have not first time on this sub

I think you would trade off massive flexibility for any increase in salary and not necessarily find WFH. Sounds like you are in middle of nowhere-ish; so there is the potential of increasing driving which is fuel, maintenance, depreciation - this can all account for several thousands of dollars per year. You working from home is a benefit that saves on those items. Don't underestimate the ability to be home and what time spent commuting could better be spent doing.

If there isn't necessarily money for raises, look for other ways to be compensated; an increase in PTO or personal days, for example. Those have a value.

It sounds like you really have an ideal situation. For me, I'd need a significant, ridiculous raise to give up all those soft benefits. I don't think it is possible. But shop yourself and the market. If you like your job, get creative about extracting more value on good terms.

You may find these links helpful:

• Leaving a Job (resigning, quitting, fired, laid off, etc.)
• Job Loss Megathread: unemployment resources, state-specific information, and help

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Edward Jones won't steal your money, but over time they will leech money from your portfolio without actually adding much value at all. You can maybe work with them more cheaply by keeping the funds you buy as low cost as possible, but EJ's entire business model charges a very large premium to "be hands off". People are very bad at judging financial advisors, because they can only analyze their effectiveness based on vibes. They trust them, they like them, they answer their questions and check in on them. They have no idea how to really determine if they bring more value than another institution or advisor.

No one in forums like this is going to give you positive feedback on EJ. Hating on EJ is their favorite pastime. And not undeserved. You just have to accept that you are paying a high premium for very little in return. You will still be well off because it's hard to screw up saving and investing for your future. But you will have less money if you pay out the ass for extra fees and higher expense ratios, which is exactly what you're signing up for with Edward Jones. You can look at expense ratio calculators to see for yourself, you may be shocked to see how much those fees add up (and that isn't including front load fees, or any other fees they charge you for the pleasure).

My understanding is that wash sales don't apply to crypto as they are not currently considered securities.

Besides that, everything else you said is exactly what I was wondering.

I sort of make back the fees in April, but after that I'm not sure what I'm saving by doing this.

I'm not sure if I'm thinking of this properly: Let's say I pay the lowest rate of 15%.

If I make 15k next year, I would pay 2300 in taxes. So potentially, if I make 15k in profit, I'd avoid paying those taxes? Or is this incorrect?

You should never stop looking and networking. The best way to earn more money is to get another job.

Remember taxes are progressive. You aren't changed 22% on the entire amount. Only on the amount above the previous tax bracket.

It's triple tax advantaged. Also there are age no restrictions or penalties on an HSA when you can use the funds on healthcare

The average retired married couple retiring at 65 spends $315,000 in healthcare costs over the course of their retirement according to Fidelity. Everyone will have healthcare costs as they get older. Healthcare costs are only going to increase as time goes on.

I just turned 31, so I know how you feel. Your young, healthy, and feel invincible. I know it doesn't seem important since you have your entire life ahead of you. But nobody lives forever. Our bodies break down, we get sick, we get diseases, we fall off ladders, we fall down the stairs, we get in car crashes, etc.

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Not always true. I was a Director and still was paid hourly with OT eligibility before changing companies.

Wash sales don't apply to crypto currently.

General guideline is to invest at least 15% of income to retire in your 60s. OP is investing 14% plus 6% max, which meets the guideline. The Roth IRA is exceeding the guideline, so OP should be able to retire before their 60s.

You can withdraw Roth IRA contributions at any age, as xanadu111 commented, but you can also do Substantially Equal Periodic Payments under Rule 72t to withdraw from other retirement accounts without incurring penalties. The critical bit is accumulating enough to be able to retire early, which requires investing more than 15% of income.

Ha, well large enough contributions to the investment accounts + paying down mortgage + a slight beefing up of the cash reserves for reasons = a small bump in net worth, but yeah, not like the last few years.

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FYI what you are asking about is an “in kind transfer” and I doubt you can do it in a rollover like this.

He seriously underperformed the market as a whole.

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