I missed that train. Boy, HSA's sure evolved. Did it for a couple years to get useless Lasick surgery. I, of course I just missed the RLE train or whatever it is, when I had my cataract surgery. Even paid extra to have them super matched, yet here I sit typing with glasses on.This ^ guy fucks ...
And to add, after 65 you can withdraw (without penalty) for anything. It doesn't have to be medical related.
HSA's are not available to everyone. Our medical insurance was too good, thanks to my union and my wife's employer.HSAs are triple taxed advantaged. (1) No tax on money that goes in. (2) No tax on money as it grows. (3) No tax on money as you withdraw it as long as it is spent on medical purposes that start at ANY point after you first opened any HSA account*. With triple tax advantages, the HSA should be the first place to put any retirement funds beyond your 401k minimum to get a match if you have the option to invest in your HSA.
* Meaning if you opened that HSA in lets say 2019, then any medical bill from 2019 until the day you die counts as medical spending that you can reimburse yourself untaxed at any moment that you need cash.
We did the Canary islands last winter not because we necessarily wanted to but because it was way less than than the Caribbean and a number of places in the southern US when we could travel in the winter. Some willingness to be flexible on destination can go a long way. Some people really just have to go to one specific location and nothing else will do. Canary Islands did not disappoint.As an example we managed to travel to Germany for a week for $550 a person and stay in an Airbnb for less than $200/ day sleeping 5. Costs way more to fly the family to Disney.
Are you retied?Some old people will tell you to save when you're young and plan for retirement and other old people will tell you go live your life. I went with the second one and I don't regret it. I pissed away all sorts of retirement money buying avgas when it was less than two bucks a gallon.
I have ~1 year to go. We are building a house 100 miles away, and so long as work does not get in the way I will work until we get close to occupancy.Are you retied?
When I market it's doing well, I look at least a few times a week when the market sucks I rarely look.If you are young you don't need to keep checking on something like that. It's investing, not trading.
I agree with you but do want to point out a little tale of caution.If you are young you don't need to keep checking on something like that. It's investing, not trading.
There are just as many unworthy people out there who got one. Just sayin...There are more worthy people out there. I'm not one of them. TY
I thought they said "two can live as cheaply as one."Still quite a ways off but in my 20's I made a shit ton but saved almost nothing. Even lost my condo in 2008!
30's I started saving.
40's I'm saving more and more!
My only piece of advice.. DO NOT GET A LIVE IN SIGNIFICANT OTHER.
The moment you do.. your expenses TRIPLE!
Ofcourse I'm not doing too well following my own last bit of advice!
Same here. That's exactly what Warren Buffett says the average investor should do. Myself, I have buy and sell signals but that's me. It's simple, a 6 year old could follow my rules. But it requires discipline, I found that out the hard way. The market is finally behaving, but we'll see.All of my retirement is invested into low cost sp500 index ETFs so it's doing very well. I did some math recently, and we'd be CoastFIRE, but we're trying for a baby, and we still need a house, both of those are going to put a huge dent into our finances, so going to have to keep grinding my soul away for the next 20 years.
Sounds like the business you work at is not properly managing risk and knowledge sharing.The downside of all this for the business I work at is that we have 3 employees that are very knowledgeable in key positions retiring. I work for a private family owned company and the owner is a Republican. It grates on him that he's losing people because their retirement is doing so well that they are deciding to get out now versus in a couple years. One is an IT guy and we have a transition to a completely different system from our legacy system and he did some programming in AX for us. People here like to retire early in the year after the holidays and take their pay from accrued vacation and have gotten their Christmas and end of the year bonuses.