u/Mootaya

Hey everyone!

I am currently maxing out all of my retirement accounts (HSA, Roth IRA, Trad 401k) and am wondering when it makes sense to start focusing solely on a taxable brokerage.

I am in my mid 30’s with around a $600k NW ($80k of that is in a HYSA). My partner is 8 years older than me so they have a shorter time horizon, but I did the math and found we would have about $5 million ($3 million adjusted for inflation) by their traditional retirement age without contributing a single additional dollar to our retirement accounts. This amount will easily allow us to retire and live a comfortable lifestyle. We also don’t plan to have children.

I receive a 50% match for all 401k contributions from my employer (around 12k) and I don’t like passing up free money. My one worry is that the 401k will become too bloated if I continue to max it out and cause an RMD headache once 75 hits. I also currently only have around $130k in post tax investments (Brokerage, RSU’s, Roth), so early retirement may be difficult if I don’t have a large enough buffer.

Would you forego the match and start funding a brokerage account? Or keep maxing the 401k until I’m in my 40’s?

Hey everyone!

I have been renting a place with my gf for the last year now and the owner has decided to sell. We need a new place in a few months and I’m wondering if we can justify bumping our rent up a bit to live in a larger/nicer place.

Here’s a breakdown of our situation:

- $245k HHI, paying $3k per month for rent (my portion is $1800)

- My current NW in early 30’s: $500k ($70k in savings, $50k in taxable and company stock, the rest in retirement accounts)

- Her current NW in early 40’s: $90k ($10k savings, $90k retirement, $10k high interest debt that is being paid down aggressively)

- I currently save 20-25% of my income for retirement, which leaves me with $5400 left over per month for rent/bills/discretionary. She is paying $1k per month towards her debt and should have it paid off early next year.

- my monthly fixed expenses (excluding rent) are $1800

Do you think it would be irresponsible to bump our rent up to $4-5k a month or are we being way too frugal trying to find another $3k a month place? I realize she is behind on her retirement but we plan to get married and will combine finances. She will continue contributing to her retirement accounts once the debt is paid which will add some additional cushion for our retirement.