| Author | Message | ||
Andhrawala Legend Username: Andhrawala Post Number: 69655 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Too much money to enjoy. 100 million soosthee heart attack raavocchu okka 2 million raavalante enthaa TRON lo invest seyyaalo seppu No Signature | ||
Suffolk Junior Artist Username: Suffolk Post Number: 78 Registered: 06-2018 Posted From: 162.95.216.223 Rating: N/A |
invest in TRON no., 100Mil by 2022 | ||
Tombrady Legend Username: Tombrady Post Number: 58853 Registered: 05-2012 Posted From: 216.163.220.32 Rating: |
theory andariki telusu, practicals lo no one succeeded | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6464 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
you pay 25% tax on it now.. invest it in Roth.. you will get the tax amount back in 3 years.. for the rest of your life, that money grows tax-free.. think about it.. | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6463 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
>> also early withdrawl penalty you don't withdraw anywhere in the process.. never.. just moving money from one account to another account.. | ||
Andhrawala Legend Username: Andhrawala Post Number: 69652 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
//undi baasu...u can rollover any amount to any ira... but taxes vachipothay... OK just sae. 100K 401K nunchi Roth IRA loki rollover antee we need to pay taxes on 100K as distribution and also early withdrawl penalty and then do into Roth IRA. Correct?? No Signature | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6462 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
Okkasari ee http://www.usdebtclock.org/ website choosi, future lo tax rates elaa vuntaayo guess cheyyocchu.. | ||
Gotcha Legend Username: Gotcha Post Number: 30683 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
monna ysr link ichadu kada where 3-6 million minimum requirement to retire ani chupinchindi kada for certain salary ranges ... | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6461 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
>> its not literally possible as yearly Roth limited to 5500 Roth conversion ki limit emi ledu.. >> retirement lo income pedha vundadhu kabatti tax elaanu thakkuve paduddhi this is a misconception.. For most Indians, Our tax rate will be much higher in retirement than now.. | ||
Rebel Hero Username: Rebel Post Number: 16813 Registered: 02-2008 Posted From: 173.28.10.203 Rating: N/A |
undi baasu...u can rollover any amount to any ira... but taxes vachipothay... | ||
Andhrawala Legend Username: Andhrawala Post Number: 69651 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
//1st half is not true..rollover ki 5500 limit apply avadu..thats only for contribution..u can rollover any amount as long as u pay taxes Roth IRA loki Rollover ledhu No Signature | ||
Rebel Hero Username: Rebel Post Number: 16812 Registered: 02-2008 Posted From: 173.28.10.203 Rating: N/A |
1st half is not true..rollover ki 5500 limit apply avadu..thats only for contribution..u can rollover any amount as long as u pay taxes | ||
Andhrawala Legend Username: Andhrawala Post Number: 69649 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Previous Company 401K -you can rollover it into Traditional IRA which is called as Rollover IRA If you want to do it to Roth IRA - its not literally possible as yearly Roth limited to 5500 and also u need to pay taxes for the full amount as it will be treated as distribution Let it stay in 401K or rollover it into current plan. retirement lo income pedha vundadhu kabatti tax elaanu thakkuve paduddhi No Signature | ||
Fargo Hero Username: Fargo Post Number: 14832 Registered: 04-2012 Posted From: 205.167.198.122 Rating: N/A |
pREV COMOPANY 401k nundi rollover nundi roth ki | ||
Legend Username: Twitter Post Number: 60095 Registered: 10-2009 Posted From: 66.194.212.162 Rating: N/A |
kattame kaani eyyali thappadhu ..thx | ||
Cheenu Junior Artist Username: Cheenu Post Number: 270 Registered: 05-2016 Posted From: 174.228.15.64 Rating: N/A |
I think most of the people here have properties and assets in India, unless you are planning to give it to your kids, please do calculated those values also under your retirement. | ||
Aanimutyam Junior Artist Username: Aanimutyam Post Number: 82 Registered: 07-2016 Posted From: 24.46.110.247 Rating: N/A |
Some news outlets have suggested that $5 million is the new $1 million. I would suggest you make it $10 million because inflation continues to eat at the value of what money can purchase and your money earns almost nothing at the bank. ---------------------------------------- e lekkana... retire ayyaka muta mulle sardukoni desam povatam best antara? | ||
Rebel Hero Username: Rebel Post Number: 16806 Registered: 02-2008 Posted From: 173.28.10.203 Rating: N/A |
brother vmmxx ane fund chudu if u have brokerage acct ..ipudu 2% undi...interest rates penchite idi kooda perugutundi..best thing u can take money anytime...6 yrs is too much time for 3% ankuntunna ika rollover to roth..is it from 401k to roth ?.then don't do it now..u can rollover from 401k to traditional ira without paying taxes now but need to pay when u withdraw. | ||
Saarang Hero Username: Saarang Post Number: 17647 Registered: 06-2012 Posted From: 66.25.5.81 Rating: N/A |
Thread peddaga chadaveldhu...but related topic meedha CNBC article Self-made millionaire: $1 million isn't enough for retirementâhere's what you need https://www.cnbc.com/2018/06/15/self-made-millionare-grant-c ardone-1-million-isnt-enough-to-retire.html Now, before you decide I am just another arrogant, greedy, ungrateful elitist, do some basic math and you will realize what I did. If you retire today at 65 with $1 million in cash (after taxes) and no new income from any source, you would have to live off of $40,000 a year ($3,250 per month) for the next 25 years before you ran out of money. Consider that assisted living can cost up to $76,000 a year and those twenty-five years are cut to twelve, which means you are just about broke at 77. And all this assumes no inflation or critical life events: lawsuit, divorce, college for the kids, or heaven forbid even more serious situations like cancer, a car accident, a family member in trouble, death of the breadwinner, economic downturn or loss of a job. As I graduated college from McNeese State University in the 1980s, becoming a millionaire was an almost iconic and unachievable status. By the time I was in my early 30s, I had hit that target â and I quickly realized I needed to learn how to manage money, not just make it. Upon doing some simple math, though, I realized a million dollars wouldn't go very far, even back then. Fast forward to today and a million dollars isn't even enough money to allow a normal person to retire comfortably. Now, before you decide I am just another arrogant, greedy, ungrateful elitist, do some basic math and you will realize what I did. If you retire today at 65 with $1 million in cash (after taxes) and no new income from any source, you would have to live off of $40,000 a year ($3,250 per month) for the next 25 years before you ran out of money. Consider that assisted living can cost up to $76,000 a year and those twenty-five years are cut to twelve, which means you are just about broke at 77. And all this assumes no inflation or critical life events: lawsuit, divorce, college for the kids, or heaven forbid even more serious situations like cancer, a car accident, a family member in trouble, death of the breadwinner, economic downturn or loss of a job. Self-made millionaire Grant Cardone Courtesy of Grant Cardone Self-made millionaire Grant Cardone UBS did a poll of millionaires of which 67 percent polled said the whole point of building wealth was achieving financial security, a position from which no single setback could plunge a family into destitution. While consumption items like cars and trips are nice, they are not the main driver for creating wealth â freedom from worry is. To put everything into perspective, consider that many Americans live paycheck to paycheck and millions of Americans don't have any money set aside for an emergency. Something is clearly wrong with how people are thinking, acting and making plans for their money. I know the idea that "a million dollars isn't enough to retire on" is hard to swallow, but your opinion doesn't change the reality: A million dollars is simply not what it used to be. I know first hand how fast an emergency can devastate a household. My dad died in his peak earning years from heart disease. My mother immediately had to sell the house and manage five kids through college on the death benefits provided by insurance. I watched my mother live in fear every day not knowing how long the money would last. I made a decision at that time that I would get myself into a financial position where I never have to fear an economic setback again. When financial planners said you need three months of savings, I figured I needed thirty months. Simple steps to get rich from a self-made millionaire Simple steps to get rich from a self-made millionaire Some news outlets have suggested that $5 million is the new $1 million. I would suggest you make it $10 million because inflation continues to eat at the value of what money can purchase and your money earns almost nothing at the bank. | ||
Fargo Hero Username: Fargo Post Number: 14831 Registered: 04-2012 Posted From: 205.167.198.122 Rating: N/A |
sure annayi. Seyyali | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6460 Registered: 03-2014 Posted From: 69.73.85.161 Rating: N/A |
Rajusk, https://www.cnbc.com/2018/01/18/few-americans-have-enough-sa vings-to-cover-a-1000-emergency.html 61% americans don't have one thousand dollars bank balance so, we should never compare with them ... | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6459 Registered: 03-2014 Posted From: 69.73.85.161 Rating: N/A |
fargo, you take out the money and pay 25% tax on it.. invest it in Roth.. you will get the tax amount back in 3 years.. for the rest of your life, that money grows tax-free.. think about it.. | ||
Fargo Hero Username: Fargo Post Number: 14830 Registered: 04-2012 Posted From: 205.167.198.122 Rating: N/A |
 | ||
Rajusk Legend Username: Rajusk Post Number: 64032 Registered: 02-2008 Posted From: 170.74.231.20 Rating: N/A |
monnane NPR lo vinna..half of vomerica ki 401k ae ledu... https://www.npr.org/2018/06/22/622475061/when-retirement-adv ice-went-viral KURTZLEBEN: Around half of workers don't have a retirement plan at all. So Americans seem to be in bad shape retirement-wise. although YSR bro thaadu is in good intention for young DBers..andariki oka laaga work out avvakapovachu..like Rebel bro mentioned | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6458 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
>> Hippud Tax entha kattali annayi oka 70K esuko ( Nee yearly income + 70K ) meeda 22% or 25% or 28% tax paduddi... depending on the tax bracket you will be in.. ... | ||
Fargo Hero Username: Fargo Post Number: 14829 Registered: 04-2012 Posted From: 205.167.198.122 Rating: N/A |
Hippud Tax entha kattali annayi oka 70K esuko | ||
Fargo Hero Username: Fargo Post Number: 14828 Registered: 04-2012 Posted From: 205.167.198.122 Rating: N/A |
swarry gfoldman sachs | ||
Fargo Hero Username: Fargo Post Number: 14827 Registered: 04-2012 Posted From: 205.167.198.122 Rating: N/A |
JP morgan chase 6 yr ki 3.10 vundannayi | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6457 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
>> CDs meeda oka para raayi 1% returns anta.. naaluka geesukovataaniki koodaa paniki raadu.. not even enough to cover the 3% inflation.. >> Also Rollover to Roth seyochaa? if so...etta seyyali? yeah. Backdoor Roth Coversion cheyyocchu.. No income limit.. No Age Limit.. But you have to pay taxes on that amount when you convert.. .. | ||
Mahiz Comedian Username: Mahiz Post Number: 1753 Registered: 10-2012 Posted From: 165.225.34.184 Rating: N/A |
found this flowchart useful https://i.imgur.com/fb7Dtmh.png https://i.imgur.com/lSoUQr2.png Janani Janma-bhoomi-scha Swargadapi Gariyasi | ||
Fargo Hero Username: Fargo Post Number: 14826 Registered: 04-2012 Posted From: 205.167.198.122 Rating: N/A |
Vannayi CDs meeda oka para raayi Also Rollover to Roth seyochaa? if so...etta seyyali? | ||
Mahiz Comedian Username: Mahiz Post Number: 1752 Registered: 10-2012 Posted From: 165.225.34.184 Rating: N/A |
got my answer here .. posting if someone needs it https://www.reddit.com/r/personalfinance/wiki/iras#wiki_1._t he_contribution_limit_for_an_ira_is_.245.2C500_-_can_i_contr ibute_.245.2C500_to_both_a_roth_ira_and_a_traditional_ira.3F Janani Janma-bhoomi-scha Swargadapi Gariyasi | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6456 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
>> in US 11% returns are too optimistic Since the inception of S&P 500, the average stock market rose at 11% rate in the last 70 years... It's a proven fact.. not optimism.. | ||
K805 Junior Artist Username: K805 Post Number: 105 Registered: 10-2016 Posted From: 208.87.236.201 Rating: N/A |
in US 11% returns are too optimistic.. How about in India? Are there any similar (like S&P 500) funds in India? | ||
Gotcha Legend Username: Gotcha Post Number: 30677 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
power recognition minchina kicker edi ledu anni temporary ee.chiru ayina cbn ayina power lekapote zeros ee everyone knows it ... | ||
Khaleja Side Hero Username: Khaleja Post Number: 5622 Registered: 09-2009 Posted From: 104.189.156.240 Rating: N/A |
pay chestha annai. okati maa friend chosukuntadu. okati nenu chosukunta  | ||
Mahiz Comedian Username: Mahiz Post Number: 1751 Registered: 10-2012 Posted From: 165.225.34.184 Rating: N/A |
roth + normal ira kalipi less than 5500 undala ? Janani Janma-bhoomi-scha Swargadapi Gariyasi | ||
Khaleja Side Hero Username: Khaleja Post Number: 5621 Registered: 09-2009 Posted From: 104.189.156.240 Rating: N/A |
oh ok  | ||
Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 37850 Registered: 02-2009 Rating: N/A |
meeru taxes file chesthaara or total binami aa  ..just kidding AW answered below | ||
Andhrawala Legend Username: Andhrawala Post Number: 69636 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
//AGI 189k enti? AGI calculation. It is equal to the total income you report that's subject to income taxâsuch as earnings from your job, self-employment, alimony income and interest from a bank accountâminus specific deductions, or âadjustmentsâ that you're eligible to take. bottomline nee salar plus spouse salary+ income from stocks etc - 401K investment or IRA shall be less than 189K No Signature | ||
Khaleja Side Hero Username: Khaleja Post Number: 5620 Registered: 09-2009 Posted From: 104.189.156.240 Rating: N/A |
AGI 189k enti? | ||
Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 37848 Registered: 02-2009 Rating: N/A |
it's not about how much you can contribute its about if uncle sam will allow or not....groass AGI 189K kanna yekkuva untay, light | ||
Rebel Hero Username: Rebel Post Number: 16804 Registered: 02-2008 Posted From: 173.28.10.203 Rating: N/A |
george washington president ayinapudu just $1 invest chesiunte ee patiki 22 million $ ayundedi.. ilanti lekkalu vintaniki bavuntai.. 11% return is too optimistic.. experts say 5-7% in near future.. add 2-5% inflation in future.. chivaritki migiledi song esukoo | ||
Khaleja Side Hero Username: Khaleja Post Number: 5619 Registered: 09-2009 Posted From: 104.189.156.240 Rating: N/A |
roth IRA account annai. nelaki 400 ante easy gane veyyochu emo ga | ||
Andhrawala Legend Username: Andhrawala Post Number: 69634 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
// Instead earn $10-15 per day extra. Appudu you will become a millionare as per calculation below. // Not a bad idea. DO Pizza delivery and earn $500 or 600 every month and ivest the tafter tax money of 450 in Index fund and become millionaree No Signature | ||
Boglehead Junior Artist Username: Boglehead Post Number: 248 Registered: 06-2014 Posted From: 73.79.235.11 Rating: N/A |
Thappu. 401k/403b: $18,500 ($24,500 if 50 or older) Roth IRA: $5,500 ($6,500 if 50 or older) | ||
Kuyyo_morro Megastar Username: Kuyyo_morro Post Number: 24209 Registered: 02-2011 Posted From: 209.17.40.37 Rating: N/A |
Instead earn $10-15 per day extra. Appudu you will become a millionare as per calculation below. | ||
Rebel Hero Username: Rebel Post Number: 16803 Registered: 02-2008 Posted From: 173.28.10.203 Rating: N/A |
idi patha chintakaya pachadi thinking..show off and upper hand cutting..milliionare next door is the new mantra | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6455 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
>> 65 years taruvatha aa 2 mil ni choosukuntoo ,pisukkuntooo, pisukkuntoo choosukuntoooo bathikinantha kalam bathikeyadame. think about this.. From age 55 to 65, You can take vacation and tour the world every year for $20K per year.. You are still left with more than $2Mil | ||
Chenagalu Side Hero Username: Chenagalu Post Number: 3412 Registered: 04-2009 Posted From: 45.22.61.28 Rating: N/A |
Agree. Enduku Chithram bhalare Vichithram movie lo "Mondaladhyakshudu" dialogue gurthochindi | ||
Banam Hero Username: Banam Post Number: 13886 Registered: 12-2011 Posted From: 199.1.42.30 Rating: N/A |
Annai - We needed money most at that age only. It's only 300 per month... Green Bay PACKERS ||San Antonio SPURS ||Sachin Ramesh TENDULKAR | ||
Chenagalu Side Hero Username: Chenagalu Post Number: 3411 Registered: 04-2009 Posted From: 45.22.61.28 Rating: N/A |
65 years taruvatha aa 2 mil ni choosukuntoo ,pisukkuntooo, pisukkuntoo choosukuntoooo bathikinantha kalam bathikeyadame. | ||
Hero Hero Username: Hero Post Number: 12293 Registered: 09-2009 Posted From: 38.101.193.194 Rating: N/A |
ysr annai remember this Roth and traditional 401k accounts cannot exceed the IRS limit of $18,000 | ||
Entiodu Comedian Username: Entiodu Post Number: 1393 Registered: 02-2011 Posted From: 170.218.219.23 Rating: N/A |
Thanks brother.. | ||
Gotcha Legend Username: Gotcha Post Number: 30672 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
yes my CFP also told the same. as u grow old ur earnings increase and so ur tax brackets so it is better to take the tax cut now. if u r lazy guy and not sure will be working till 65 and might venture into business then taxing later is best ... | ||
Boglehead Junior Artist Username: Boglehead Post Number: 247 Registered: 06-2014 Posted From: 73.79.235.11 Rating: N/A |
No way. Your assumptions: 1. Time period: 40 years 2. Interest rate: 11% (this is too optimistic. You are more likely to get somewhere about 8% not adjusted for inflation) 3. Amount deposited: $300/month With these assumptions: 1. The value of your money is $2,357,268.31 (not adjusted for inflation) 2. When adjusted for inflation (rate of 2.5%): $877,918 So, even after 40 years, you are not a millionaire, even if your assumptions are correct. $10/day (=$3,650/year) is NOTHING} | ||
Andhrawala Legend Username: Andhrawala Post Number: 69622 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Now I understand why OG annai frequently posts his multiple villas in multiple cities No Signature | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6452 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
>> 401K, Pre-tax Vs Roth with employer matching - edi better Neeku ippudu taxes katte dammu vunte, Roth is the best option.. withdrawal appudu no taxes at all... I prefer this.. ippudu taxes katte dammu lekapothe, Pre-tax is the alternative.. you pay taxes on the withdrawal amount.. Ippudu vunna 22% tax bracket.. one of the lowest ever tax brackets anta.. US ki $20 trillions debt choostaa vunte, they will definitely increase the tax brackets in the near future anipistaa vundi.. So, it is better to pay taxes now, rather than posting it to unknown future.. ani naa rendu paisalu.. .. | ||
Gotcha Legend Username: Gotcha Post Number: 30671 Registered: 02-2008 Posted From: 172.87.56.134 Rating: |
ok here is a different take. sommu sampadinchedi main reason u get high on earning and recognition from others. silent ga millions sampadiste and no one but u knows about it whats the fun in it. real kicker is u earn it and everyone recognizes/appreciate it  ... | ||
Andhrawala Legend Username: Andhrawala Post Number: 69621 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
/ 401K, Pre-tax Vs Roth with employer matching - edi better / Roth lo employer matching emuntaadhi also retirement lo yearly 40K per year theesukuntee you will not icnurr any taxes or even if little taxes. retirement lo once house is paidoff it shall be enough No Signature | ||
Entiodu Comedian Username: Entiodu Post Number: 1392 Registered: 02-2011 Posted From: 170.218.219.22 Rating: N/A |
401K, Pre-tax Vs Roth with employer matching - edi better | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6451 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
Andhrawala annai: meeku seppetantha vaadini kaadu.. kaani try setthaa.. As long as you live, that is YOUR account. you are the sole owner of that account. Kids can not take money from your account. After someone dies, the beneficiary specified in the account will inherit the money ( Not the Will ). when you or your kids withdraw money from regular 401K or tradition IRA, you/they pay taxes on that money as your/their regular income for that year. .. | ||
Maverick Legend Username: Maverick Post Number: 69197 Registered: 01-2008 Posted From: 98.225.2.157 Rating: N/A |
akkada khaleja..50k-100k change laaga.crypto.meeda.pedatadu There's a cacophony in the truth, A melody in lies and it accompanies one on every journey, From the lows to the highs | ||
Andhrawala Legend Username: Andhrawala Post Number: 69620 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Mav brother MAGI less than 199K antee ekkadoo nee laanti and TI, MrHyder laanti kondaru thappa maa boti mango people ki no issues No Signature | ||
Maverick Legend Username: Maverick Post Number: 69196 Registered: 01-2008 Posted From: 98.225.2.157 Rating: N/A |
enti open chesedi There's a cacophony in the truth, A melody in lies and it accompanies one on every journey, From the lows to the highs | ||
New_user Hero Username: New_user Post Number: 18300 Registered: 10-2014 Posted From: 170.232.227.243 Rating: N/A |
Roth IRA contributions, post tax dollars. Other IRAs, pre tax. Return theesukune time lo tax pay cheyyali. | ||
Andhrawala Legend Username: Andhrawala Post Number: 69618 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
// If someone dies, their kids will inherent the money.. And they don't need to pay any tax on the balance.. that is the beauty of this Roth plan.. // Mana 401K paisalu kids kisthe vaalu taxes pay seyyaalaa?? Like once we are 65 years if we plan to go back to desam and give 401K funds to kids. How does it work?? No Signature | ||
Khaleja Side Hero Username: Khaleja Post Number: 5618 Registered: 09-2009 Posted From: 104.189.156.240 Rating: N/A |
cool. sare open chestha ayithe | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6450 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
Khaleja babai: If someone dies, their kids will inherent the money.. And they don't need to pay any tax on the balance.. that is the beauty of this Roth plan.. | ||
Khaleja Side Hero Username: Khaleja Post Number: 5617 Registered: 09-2009 Posted From: 104.189.156.240 Rating: N/A |
annai..thanks for the details. madhyalo emanna ayithe emavuthundi ee account? | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6448 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
Twitter babbai: if you contribute $5.5K per year from age 40, your account will have $700K by the time you are 65 years old.. your contributions: $137,500 | ||
Andhrawala Legend Username: Andhrawala Post Number: 69611 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
meeru roju ki $50 veyyandi ante nelak I $1500. thappakaa 2 millionare avvuthaaru if you want become 10 millionare send email to admin@securedfuture.com Give me ur bank account,password and we will assure you become 10 millionare after 25 years. avvakapothee appudu vacchi mammalnia dugu. No Signature | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6447 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
RothIRA and Roth401K are the best gifts given by Uncle Sam.. Make full use of them guys.. Roth401K - $18.5K/year/person < 50 years $24K > 50 years RothIRA - $5.5K/per/person < 50 years $6.5 > 50 years buckets anni full chesi, index funds lo pettandi.. watch the fun.. ... | ||
Emc2 Legend Username: Emc2 Post Number: 69760 Registered: 03-2008 Posted From: 71.127.33.124 Rating: N/A |
smartness ki business ki relation ledu just instinct undali.. BTW i am not smart, low IQ gadini nenu kuda Where ever i go what ever i do My caste |My Hero |My Leader This is the priority | ||
Legend Username: Twitter Post Number: 60094 Registered: 10-2009 Posted From: 136.56.39.203 Rating: N/A |
Babai nalapai ellunte entheyyalo kooda cheppu..nen bhi milnere avvochha.. | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6446 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
Emc2: agree you. If you smart enough to become an Entrepreneur, good luck.. you are smart.. not everyone can become an Entrepreneur.. but, naalaanti business burra leni vaallu koodaa Millionaires kaavocchu anedi naa idi.. that is my hole point.. .. | ||
Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 37847 Registered: 02-2009 Rating: N/A |
https://www.rothira.com/roth-ira-limits Roth IRA Income limits: In 2018, if your modified adjusted gross income (MAGI) is $135,000 (single) or $199,000 (married filing jointly or qualifying widow[er]), you may not contribute to a Roth IRA. there is a workaround ...called backdoor roth ira...that too is not simple...you can avoid taxes by rolling traditional ira to roth ira, but your income level for that tax year must be quite low i have 8k sitting in traditional ira...opened to avoid taxes around 10 years back...roll seyyali antat tax kattali on those 8k | ||
Gsn1 Side Hero Username: Gsn1 Post Number: 5376 Registered: 03-2008 Posted From: 174.205.10.92 Rating: N/A |
------------- Nope.. Never.. This is Roth IRA ------------ CORRECT. Any money appreciated in Roth IRA is TAX FREE. | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6445 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
In this model, there are no companies involved.. no company matching contributions.. etc.. It's personal account.. | ||
Emc2 Legend Username: Emc2 Post Number: 69759 Registered: 03-2008 Posted From: 71.127.33.124 Rating: N/A |
puttukathone evaru skill tho puttaru.. just manaki edo cheyali anna instinct undali and put 100% efforts..you will succeed Where ever i go what ever i do My caste |My Hero |My Leader This is the priority | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6444 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
>> But you have to pay tax on the balance 2.15 million when you withdraw Nope.. Never.. This is Roth IRA | ||
Andhrawala Legend Username: Andhrawala Post Number: 69609 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Its not tax free bhayya $144K being after tax money. No tax on that. But you have to pay tax on the balance 2.15 million when you withdraw. It will be taxed based on the income levels then No Signature | ||
Komaranna Hero Username: Komaranna Post Number: 10492 Registered: 07-2010 Posted From: 206.80.128.19 Rating: N/A |
ROTH IRA contributions can not be more than 5500 for a year...so at MAX 5K you can also have ur wife account so total per year u can do 10K per year | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6443 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
>> be a entrepreneur I am don't have any skills to become Entrepreneur.. what to do? | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6442 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
Stalker: from 35 to 65, if you put $15/day into Roth IRA.. Your contributions: $162K Bank balance: $1.2M | ||
Emc2 Legend Username: Emc2 Post Number: 69757 Registered: 03-2008 Posted From: 71.127.33.124 Rating: N/A |
pretty boring model.. anduke india ala undi US ila undi be a entraprenuer Where ever i go what ever i do My caste |My Hero |My Leader This is the priority | ||
Stalker Side Hero Username: Stalker Post Number: 7096 Registered: 08-2012 Posted From: 71.233.224.225 Rating: N/A |
2 kochens 1) 35 ayuthe 65 ki entha? 2) 35 kabatti instead of $10 badulu $15 este can we achieve that $2.3M goal so that 10years loss is adjusted.. one bonus gootle question... asalu 3o-40yrs trump undanistaada? #noteveryonecanbeamillionaireinusa #banthisysr2009for spreadinglies Stalker - 'S'traight talker | ||
Aaples Junior Artist Username: Aaples Post Number: 540 Registered: 07-2016 Posted From: 165.156.39.47 Rating: N/A |
sample ki konni cheppiyi. | ||
Andhrawala Legend Username: Andhrawala Post Number: 69608 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
DB lo under 25 years try this and let YSR2009 know if it doesn't happen No Signature | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6441 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
Starting from Age 25, if you put $10/day consistently into Roth IRA account and invest in standard index fund until age 65.. Your account will have $2.3 million tax free Your contribution amount: $ 144 K Bank Balance at the end: $2,325 K You don't need any business skills.. no risk taking.. no sweat.. Since the inception of S&P 500, the average stock market rose at 11% rate in the last 70 years... This is the power of compounding of guys.. Any gottam can become a Multi Millionaire in the land oppurtunities, if you are little bit smart.. The great Albert Einstein once said "Compound interest is the eighth wonder of the world. He who understands it, earns it.. he who doesn't.. pays it." .. |
