What is your net worth?

[Horseman 1,514]

On 12/10/2022 at 11:02 AM, Raven Fan said:

I paid for my 80% of my kids "indoctrination" so I've still got a bit of nut to work through.  But overall I'd say less than I'd like but my wife has always worked flexible part time gigs so we never put the kids in daycare.  I didn't start making great cash until I was 35 or so so it's sometimes been a bit of a struggle.  I'm 54 and think I have maybe 10 more years in me.  I'm shooting for retirement savings of as close to $2M as I can get by then.  We'll see.  Social security will be a nice add-on. 

I guess I really don't have to see your bank statements, you've already told us.

I'm younger than you and have more money than you.  Corporate Executive at 54 years old with not much cash in the retirement plan?  What corporation is that?

I wish you sooner than 10 more years with your health stuff going on.  Good luck.  I'm not planning to work a day past 55.  

[Raven Fan 362]

25 minutes ago, Horseman said:

I guess I really don't have to see your bank statements, you've already told us.

I'm younger than you and have more money than you.  Corporate Executive at 54 years old with not much cash in the retirement plan?  What corporation is that?

I wish you sooner than 10 more years with your health stuff going on.  Good luck.  I'm not planning to work a day past 55.  

LMFAO, now I know you LARP about money too.  Just like you LARP about being hetero with a wife when you're actually a closet homo with gay porn links at your fingertips...LMFAO. 

I've put my kids through college the last 8 years so, now they're set and I can more focus on me and my wife.

And why would I retire now?  I have a great job, make great money, help set the organization's strategy and direction, and I have no desire to retire and just travel or sit around all day.  Unlike you I don't fear death, if I die I die, so be it. 

You on the other hand are a LARPing homo who likely has no wife, has to toil at some kind of trade or manual laborer, and has no family or kids.  I actually pity you now that I think about it.  The most success you feel in life is LARPing on some stupid, obscure website to the same 10 people.  Lying about your sexuality, your wife, your money, everything.

The only word is PATHETIC.

[Horseman 1,514]

Just now, Raven Fan said:

As a I said, I don't brag or LARP (like your homo ass), I spit truth.  And you think having a $2M goal for retirement means I don't have a lot now?  How much would I have to have now in order to hit $2M in 10 years or less given 401k restrictions jackass?  Now I now you LARP about money too.  Just like you LARP about being hetero with a wife when you're actually a closet homo with gay porn links at your fingertips...LMFAO. 

I've put my kids through college the last 8 years so, now they're set and I can more focus on me and my wife.  My wife has never worked so we've sacrificed money that way.

And why would I retire now?  I have a great job, make great money, help set the organization's strategy and direction, and I have no desire to retire and just travel or sit around all day.  Unlike you I don't fear death, if I die I die, so be it. 

You on the other hand are a LARPing homo who likely has no wife, has to toil at some kind of trade or manual laborer, and has no family or kids.  I actually pity you now that I think about it.  The most success you feel in life is LARPing on some stupid, obscure website to the same 10 people.  Lying about your sexuality, your wife, your money, everything.

The only word is PATHETIC.

Just 2M at age 64 isn't normal for most corporate executives.  What corporation are you an executive at?

401K restrictions?  Sounds like you might need some help with that.  Any reputable corporation would, especially if you were an executive.  I'm currently putting in $74,500 each year into retirement accounts that will grow free from capitol gains tax.  Let me know if you need me to break it down for you and tell you how.

It's a personal choice, but, if I had your health problems I would retire this second.

GOOD LUCK

 

 

[BirdGang 312]

40 minutes ago, Horseman said:

I guess I really don't have to see your bank statements, you've already told us.

I'm younger than you and have more money than you.  Corporate Executive at 54 years old with not much cash in the retirement plan?  What corporation is that?

I wish you sooner than 10 more years with your health stuff going on.  Good luck.  I'm not planning to work a day past 55.  

In case there was any doubt you debunked another false statement by the board , well done.  

[Horseman 1,514]

@Raven Fan  Let me help you out.  And anyone else that's looking to maximize their retirement accounts.

Best and maximum retirement contributions.

You have to have your employer set up a retirement plan with these options:  401(k), 401(k) Roth and 401(k) After-Tax.  A lot of companies don't know and/or don't offer all three.  But there isn't any reason they can't.  

Max 401(k) and/or 401(k) Roth contribution 2022: $20,500

50+ Catch up 2022: $6,500

Max total employer retirement account contributions 2022: 67,500

That means you can contribute $40,500 more after-tax money to a 401(k) after-tax account if your employer has that option available.  Simply roll that $40,500 (I do it twice a year, 20K a pop) into a regular Roth IRA.  It's called a Mega Backdoor Roth if you want to google about it.

Don't forget a regular backdoor Roth $7,000 if you don't have any existing regular IRA accounts.

So:

$27,000 401(k) Roth 

$40,500 Mega Backdoor

$7,000 Regular Backdoor

$74,500 total invested each year that will grow tax free, no capital gains tax, ever.  

2023 limits go up to:

401(k) - $22,500

Catch up - $7,500

Total Employer Plan - $73,500

Leaves $43,500 to after-tax

Backdoor Roth - $7,500

$81,000 total   

[Horseman 1,514]

Hell, assuming you did that this year and for the next 10 years, at 6% return and NO further increases in limits that's 1.2M.

Just back of a napkin estimate with future increases, because I don't want to waist the time because I'm not working 10 more years, its something like 1.7M.

BOYO!

[lickin_starfish 1,482]

I started out worthless and get worth less every day. I am like a black hole of worth.

[Raven Fan 362]

1 hour ago, Horseman said:

Just 2M at age 64 isn't normal for most corporate executives.  What corporation are you an executive at?

401K restrictions?  Sounds like you might need some help with that.  Any reputable corporation would, especially if you were an executive.  I'm currently putting in $74,500 each year into retirement accounts that will grow free from capitol gains tax.  Let me know if you need me to break it down for you and tell you how.

It's a personal choice, but, if I had your health problems I would retire this second.

GOOD LUCK

 

 

LMFAO. Do you think every corporate executive gets paid a milly a year boyo?  Did say I worked for Google or Apple FFS.

Your post below was very informative but very few large employers will taylor retirement plans to non-CEOs.  So I don't have the all the after tax options you noted.  I do have the 401k/Roth plus other deferred comp plans.  Also, your 6% return was way too optimistic given the chit show Trump left Biden, but yes you've outlined the best possible ten years strategy.

So now that we've decided ol' Raven Fan is well on his way to a reasonable retirement, how about we talk about your LARPing as a hetero when you're in fact a flaming HOMO?  I have the post from you where you shared your favorite porn site boyo. 

[Raven Fan 362]

1 hour ago, BirdGang said:

In case there was any doubt you debunked another false statement by the board , well done.  

I am now convinced you and Horsesass are homos together.  But the way you follow him around and praise him leads me to believe that in this particular relationship you're the bottom.

Sucks for you Birdtard...sucks for you.

So to recap, Birdtard is a CONFIRMED RAT and a CONFIRMED BOTTOM

Holy SADness boyo...no wonder you're so phuking humorless and miserable. 

[Hardcore troubadour 12,660]

I am up to over a million in pension payments. Suck it. 

[Bert 1,092]

2 minutes ago, Hardcore troubadour said:

I am up to over a million in pension payments. Suck it. 

What did you cops get?  75% of your highest annual salary every year?

[Raven Fan 362]

6 minutes ago, Hardcore troubadour said:

I am up to over a million in pension payments. Suck it. 

How long have you been retired?  And you were a cop?

[Raven Fan 362]

1 hour ago, Horseman said:

Just 2M at age 64 isn't normal for most corporate executives.  What corporation are you an executive at?

401K restrictions?  Sounds like you might need some help with that.  Any reputable corporation would, especially if you were an executive.  I'm currently putting in $74,500 each year into retirement accounts that will grow free from capitol gains tax.  Let me know if you need me to break it down for you and tell you how.

It's a personal choice, but, if I had your health problems I would retire this second.

GOOD LUCK

 

 

LOLOLOLOLOL

Of course you are.  LARPers gonna LARP all day err day...

How phuking pathetic does one get?  

What you don't LARP about is your favorite homo porn links.  That's SERIOUS BUSINESS for you boyo.

[Horseman 1,514]

18 minutes ago, Raven Fan said:

LMFAO. Do you think every corporate executive gets paid a milly a year boyo?  Did say I worked for Google or Apple FFS.

So I don't have the all the after tax options you noted. 

So you are an "executive" at a "corporation", not a real executive at a real corporation.  Got it, that's what we figured  What we consider executives in my company are worth hundreds of millions.  Forget salary, their bonuses and stock dividends are over a million each year.  Their salary is the smallest part of their income.  That's how real corporations work and how real money is made.

I think we're good RF.  We established you don't make more than everyone else here and we've established that I currently have more money than you plan to retire on in 10 years.  You'll never catch up to me because your "corporation" can't even figure out how to set up a simple retirement plan that provides all tax shelter options available.  

[Horseman 1,514]

8 minutes ago, Raven Fan said:

LOLOLOLOLOL

I'm sure it sounds impossibly funny from the seat you are sitting in.  

Funny thing is I'm working for my high salary right now.  You, you're spending time posting like a 5 year old on your day off.  That's the saddest part.  

[Raven Fan 362]

1 minute ago, Horseman said:

So you are an "executive" at a "corporation", not an real executive at a real corporation.  Got it, that's what we figured  What we consider executives in my company are worth hundreds of millions.  Forget salary, their bonuses and stock dividends are over a million each year.  Their salary is the smallest part of their income.  That's how real corporations work and how real money is made.

I think we're good RF.  We established you don't make more than everyone else here and we've established that I currently have more money than you plan to retire on in 10 years.  You'll never catch up to me because your "corporation" can't even figure out how to set up a simple retirement plan that provides all tax shelter options available.  

Again, I don't need to LARP about anything like you do.  Of course you have more than $2M in retirement already and a supermodel wife...oh wait, that's all a LARP since when asked to provide a porn link you provided your favorite HOMO porn link.

And IDGAF how much you say you make cause it will be a lie and it doesn't impact me anyway.  You do you LARPer.  Not sure why lying on some obscure football board is so important to you other than your IRL life must suck real hard.

Feel bad for you boyo. 

[BirdGang 312]

18 minutes ago, Raven Fan said:

I am now convinced you and Horsesass are homos together.  But the way you follow him around and praise him leads me to believe that in this particular relationship you're the bottom.

Sucks for you Birdtard...sucks for you.

So to recap, Birdtard is a CONFIRMED RAT and a CONFIRMED BOTTOM

Holy SADness boyo...no wonder you're so phuking humorless and miserable. 

So you’re dumb, unsuccessful, and a liar….rough life you live . 

[Hardcore troubadour 12,660]

17 minutes ago, Bert said:

What did you cops get?  75% of your highest annual salary every year?

50 plus 12k in NYC. More than 50 if you went past twenty when I was banging. They have pushed it to 22 years and you can’t jack up the OT in your last couple of years now.  I killed em my last few. 

[Horseman 1,514]

Just now, Raven Fan said:

And IDGAF how much you say you make cause it will be a lie and it doesn't impact me anyway. 

Yet here you are.  On your day off during the holidays.  Once again I own your headspace.  

[Raven Fan 362]

Just now, Horseman said:

I'm sure it sounds impossibly funny from the seat you are sitting in.  

Funny thing is I'm working for my high salary right now.  You, you're spending time posting like a 5 year old on your day off.  That's the saddest part.  

You've spent the entire day lying on an obscure football board trying to impress your cultist tradie "friends" who think anyone who doesn't have their name on their workshirt is an "elite."

Nothing worse than LARPing about being hetero when you're in fact gayer than gay.

SAD

[Raven Fan 362]

1 minute ago, BirdGang said:

So you’re dumb, unsuccessful, and a liar….rough life you live . 

At least I'm not Horsesass's bottom phaggola.

LMFAO

[Bert 1,092]

Just now, Hardcore troubadour said:

50 plus 12k in NYC. More than 50 if you went past twenty when I was banging. They have pushed it to 22 years and you can’t jack up the OT in your last couple of years. I killed em my last few. 

  good for you.

[Raven Fan 362]

Just now, Horseman said:

Yet here you are.  On your day off during the holidays.  Once again I own your headspace.  

lol, I'm watching football and owning your LARPing ass.  

You bigly MAD just like you're bigly HOMO.

[Horseman 1,514]

On 9/22/2022 at 9:21 AM, Hardcore troubadour said:

I’m not. Yet. 

 

22 minutes ago, Hardcore troubadour said:

I am up to over a million in pension payments. Suck it. 

Congrats, another self made millionaire retired at a young age.

Fok that working into your 60s BS.

[Fireballer 2,384]

22 minutes ago, Hardcore troubadour said:

I am up to over a million in pension payments. Suck it. 

Nice.  Ill go in 5.5 years at 53 and be just over 100k annual pension with 80% healthcare paid.

[Bert 1,092]

8 minutes ago, Horseman said:

 

Congrats, another self made millionaire retired at a young age.

Fok that working into your 60s BS.

Amen.  I'm targeting 56 a little over 2 years.

[Horseman 1,514]

14 minutes ago, Bert said:

Amen.  I'm targeting 56 a little over 2 years.

I'm targeting 2 more years too.  I'll meet you on the golf course in Vegas to celebrate.  

[Hardcore troubadour 12,660]

15 minutes ago, Horseman said:

 

Congrats, another self made millionaire retired at a young age.

Fok that working into your 60s BS.

I’m not a millionaire. Maybe if you count my house in an up market. And I still work. 

[Horseman 1,514]

On 12/10/2022 at 11:02 AM, Raven Fan said:

I paid for my 80% of my kids "indoctrination" so I've still got a bit of nut to work through.  

What means this?  You have student loans to pay off?

Man you have to get out of debt first.  You're on baby step #1.  

65 with limited retirement contribution options might be a bit optimistic.  Good Luck though!   You might have to eat rice and beans for a while.  Be smart and save every penny.  

[Strike 3,980]

I don't know if this Ravens dude actually makes money.  It's clear he embellished his earnings but who knows.  I read a book about 25 years ago called "The Millionaire next door", which I recommend to anyone as a good read:

https://en.wikipedia.org/wiki/The_Millionaire_Next_Door

I almost retired last year.  Quit my job and was coasting.  If not for expensive hobbies I may still be out of the game.  As it is, I go to work every day knowing that if I wanted I could walk away at any time, and that's a nice feeling.

[Raven Fan 362]

6 minutes ago, Horseman said:

What means this?  You have student loans to pay off?

Man you have to get out of debt first.  You're on baby step #1.  

65 with limited retirement contribution options might be a bit optimistic.  Good Luck though!   You might have to eat rice and beans for a while.  Be smart and save every penny.  

Yep, got a little bit of my youngest's loan to pay off.

And holy chit I thought I was in decent shape but now with you saying I may have to eat rice and beans I may as well rope.

Good luck to everyone retiring so early.  I wouldn't want to do it but if that's what you want have at it boyos. 

[BirdGang 312]

10 minutes ago, Horseman said:

What means this?  You have student loans to pay off?

Man you have to get out of debt first.  You're on baby step #1.  

65 with limited retirement contribution options might be a bit optimistic.  Good Luck though!   You might have to eat rice and beans for a while.  Be smart and save every penny.  

Carrying debt is a killer, especially at his old age. Ouch. 

[BirdGang 312]

10 minutes ago, Strike said:

I don't know if this Ravens dude actually makes money.  It's clear he embellished his earnings but who knows.  I read a book about 25 years ago called "The Millionaire next door", which I recommend to anyone as a good read:

https://en.wikipedia.org/wiki/The_Millionaire_Next_Door

I almost retired last year.  Quit my job and was coasting.  If not for expensive hobbies I may still be out of the game.  As it is, I go to work every day knowing that if I wanted I could walk away at any time, and that's a nice feeling.

Great book, you are right where you want to be being able to walk anytime you want. I’m there but a lot is in real estate so would take some time to unwind it all. 
 

Spoiler on Raven turd, no way that guy is successful. Just look at his behavior and mountains of lies. 

[Djgb13 2,338]

No clue what my net worth is but I’d say at least six figures with everything I own and how much money I bring in passively 

[Raven Fan 362]

4 minutes ago, BirdGang said:

Carrying debt is a killer, especially at his old age. Ouch. 

It's what you do when you want your kids to have the best start in life.

But you cultist really wouldn't know anything about the importance of college now would you.

[Raven Fan 362]

2 minutes ago, BirdGang said:

Great book, you are right where you want to be being able to walk anytime you want. I’m there but a lot is in real estate so would take some time to unwind it all. 
 

Spoiler on Raven turd, no way that guy is successful. Just look at his behavior and mountains of lies. 

Birdtard = CONFIRMED RAT / COMFIRMED BOTTOM

Ravens Fan = Actual non LARPing hetero unlike the top to your bottom Horsesass.

[Strike 3,980]

I don't think I've ever heard the term LARP until this thread.  Have no idea WTF it means, but it sounds like something a 12 year old girl would say.

[Horseman 1,514]

3 minutes ago, Raven Fan said:

Yep, got a little bit of my youngest's loan to pay off.

And holy chit I thought I was in decent shape but now with you saying I may have to eat rice and beans I may as well rope.

Good luck to everyone retiring so early.  I wouldn't want to do it but if that's what you want have at it boyos. 

It's a pretty common mistake to think something is unattainable so you convince yourself that isn't what you really want.

I get that people like their job and they live for that. They live to work instead of working to live.  I mean you really want to be a "corporate executive" into your late 60s.  Blah.  

That's ok though, we just change the term from "retirement" to "independently wealthy".  And you can keep on being an executive if that's your hobby. 

[BirdGang 312]

3 minutes ago, Raven Fan said:

Birdtard = CONFIRMED RAT / COMFIRMED BOTTOM

Ravens Fan = Actual non LARPing hetero unlike the top to your bottom Horsesass.

Hate to burst your bubble but everyone here sees you’re an idiot. Even the resident Libs see it. 

[Hardcore troubadour 12,660]

42 minutes ago, Fireballer said:

Nice.  Ill go in 5.5 years at 53 and be just over 100k annual pension with 80% healthcare paid.

Nice.