🇺🇸Cosmic - Texas 🍖 on Nostr: My retirement formula 1. Don’t put a penny to trad 401k 2. Collect your ...
My retirement formula
1. Don’t put a penny to trad 401k
2. Collect your employer’s match to trad 401k by matching the match into a Roth 401k
3. Save every penny you can afford to, ideally > 50% of take home, into post tax retirement accounts, market symbols such as $SCHD and physical gold
4. Slowly replace your 9-5 slave pay with dividends over time until it is completely replaced, then retire either literally or in spirit near 40.
Published at
2023-08-07 13:21:53Event JSON
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"content": "My retirement formula\n\n1. Don’t put a penny to trad 401k\n\n2. Collect your employer’s match to trad 401k by matching the match into a Roth 401k\n\n3. Save every penny you can afford to, ideally \u003e 50% of take home, into post tax retirement accounts, market symbols such as $SCHD and physical gold\n\n4. Slowly replace your 9-5 slave pay with dividends over time until it is completely replaced, then retire either literally or in spirit near 40.",
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