How do you achieve financial freedom?

[Over70irregs]

Invest 401k

 

[Babagounj]

Mine is up $122K from the start of the year.

 

[Over70irregs]

Mine is up $122K from the start of the year.

Nice. Keep going. What % mix are you doing?

 

[Vin71]

I’d start with paying off my mortgage and not having asinine car payments. A 401k isn’t a retirement pension, it’s something that is supplemental. Worse off, wearing Velcro sneakers and eating Applebees senior citizen discount early bird special sucks, it sucks even more when your son or daughter has 6 figures in student loan debt because you didn’t start a college plan when they were born.

 

[Over70irregs]

I’d start with paying off my mortgage and not having asinine car payments. A 401k isn’t a retirement pension, it’s something that is supplemental. Worse off, wearing Velcro sneakers and eating Applebees senior citizen discount early bird special sucks, it sucks even more when your son or daughter has 6 figures in student loan debt because you didn’t start a college plan when they were born.

Dang. Jugular

 

[DriverNerd]

I’d start with paying off my mortgage

Best part of those crazy low rates from the past couple years means I am in no hurry to pay off my 2.25% mortgage when I can dump that money in investments.

 

[Over70irregs]

Best part of those crazy low rates from the past couple years means I am in no hurry to pay off my 2.25% mortgage when I can dump that money in investments.

Stuck at 3%

 

[Vin71]

Best part of those crazy low rates from the past couple years means I am in no hurry to pay off my 2.25% mortgage when I can dump that money in investments.

I hope you didn’t fall for the refinance scam and you’re an actual first time homebuyer during the strong flu season we had a few years ago. But moving around money in other than 401, is a good idea.

 

[Vin71]

Dang. Jugular

It’s not a slight. Just my perspective. Btw I’m assuming you’re UPS or Express? Because if you’re a teamster this topic is null and void.

 

[Over70irregs]

It’s not a slight. Just my perspective. Btw I’m assuming you’re UPS or Express? Because if you’re a teamster this topic is null and void.

Even being a teamster we are under threat with inflation in double digits.

 

[Over70irregs]

I hope you didn’t fall for the refinance scam and you’re an actual first time homebuyer during the strong flu season we had a few years ago. But moving around money in other than 401, is a good idea.

Refi’d from adjustable. Didn’t take $ out like my friends, family and neighbors.

 

[Vin71]

Even being a teamster we are under threat with inflation in double digits.

I don’t disagree. But still, much better position than Fedex. What’s a 25-30yr Teamster leave with? Around 60k and medical for life?

 

[IVE GOTTA PACKAGE 4U]

Invest 401k

Stay out of that
The best debt is no debt
Live below your means and save some money

 

[IVE GOTTA PACKAGE 4U]

Nice. Keep going. What % mix are you doing?

No Bitcoin just lobster traps

Plus he walks down the street picking up aluminum cans and looking for loose change

 

[BrownFlush]

I got lucky.
Right place at the right time.

 

[Sportello]

Nice. Keep going. What % mix are you doing?

He's a trust fund baby.

 

[Babagounj]

Nice. Keep going. What % mix are you doing?

S&P 500 Index Fund-100%
( It has the lowest fees )

I used 401K withdrawals to payoff my mortgage after I retired.

 

[Over70irregs]

Anyone buying a house?

 

[Babagounj]

Anyone buying a house?
View attachment 511241

Only if the lottery is very nice to me.

 

[Gotta Go]

Go to work every day...
Butter your own bread...