| Author |
Message |
 Topic: Back Door Roth |
kellen2811
Replies: 10
Views: 47674
|
 Forum: Retirement Planning Posted:
Tue Jun 24, 2014 4:42 pm Subject: Back Door Roth |
Yes Non deductible is what I meant
Kellen |
| Topic: Back Door Roth |
kellen2811
Replies: 10
Views: 47674
|
Forum: Retirement Planning Posted:
Tue Jun 24, 2014 2:51 pm Subject: Back Door Roth |
| Just wondering if anyone has any experience in doing back door roth conversions from a non traditional IRA. I make to much money to contribute to an IRA or a Roth IRA currently. I have maxed out my 40 ... |
| Topic: Mortgage Advice |
kellen2811
Replies: 28
Views: 83731
|
Forum: Credit & Loans Posted:
Sun Feb 24, 2013 8:21 am Subject: Mortgage Advice |
Steve,
You lost me there. I dont understand what you are saying in that post weather I am not on that level or what. But if i take you 11.44% presumed need the 16,000 would come out to 487,033.43. Th ... |
| Topic: Mortgage Advice |
kellen2811
Replies: 28
Views: 83731
|
Forum: Credit & Loans Posted:
Sat Feb 23, 2013 8:54 am Subject: Mortgage Advice |
| Oldguy- Yes i mean adding the extra to the taxable account. I don't see a reason to pay the mortgage down faster if I go with the 5% option. How did your results turn out? Where they similar to calcul ... |
| Topic: Mortgage Advice |
kellen2811
Replies: 28
Views: 83731
|
Forum: Credit & Loans Posted:
Sat Feb 23, 2013 1:45 am Subject: Mortgage Advice |
| Ok please allow me to clarify. We have saved up enough for the 10% down payment I the loan ie the 33,000. Plus closing costs. We can make the 10% that is where my dilemma is. To either chose the 5% ro ... |
| Topic: Mortgage Advice |
kellen2811
Replies: 28
Views: 83731
|
Forum: Credit & Loans Posted:
Fri Feb 22, 2013 8:21 pm Subject: Mortgage Advice |
| No I realize that there is risk involved and accept that but over time say I leave it in for 30 years the risk of it being less then when I started is lower. I have a long time frame to invest. |
| Topic: Mortgage Advice |
kellen2811
Replies: 28
Views: 83731
|
Forum: Credit & Loans Posted:
Fri Feb 22, 2013 4:55 pm Subject: Mortgage Advice |
| We would not be borrowing the 16,000. It would be from our down payment that we have saved up. The investment would not be in a regular bank account. It would be in a mutual fund and stockmarket. |
| Topic: Mortgage Advice |
kellen2811
Replies: 28
Views: 83731
|
Forum: Credit & Loans Posted:
Fri Feb 22, 2013 7:56 am Subject: Mortgage Advice |
I need a little advice from the board. We are in the process of getting a construction loan to build a house in our home town.
I have a few options and would like to know what you guys would do in ... |
| Topic: Measuring Stick |
kellen2811
Replies: 21
Views: 11975
|
Forum: Retirement Planning Posted:
Tue Aug 14, 2012 5:08 am Subject: Measuring Stick |
I have a follow up question for the three of you. This has nothing to do with a measuring stick just general curiosity to the paths the three of you have taken to achieve your financial success.
W ... |
| Topic: Measuring Stick |
kellen2811
Replies: 21
Views: 11975
|
Forum: Retirement Planning Posted:
Wed Aug 08, 2012 3:40 pm Subject: Measuring Stick |
I have been looking for a measuring stick to see how I am doing in wealth building/ retirement.
Does anyone know of a formula or a general rule to measure that by? I know everyones situation is di ... |
| Topic: Consequences |
kellen2811
Replies: 18
Views: 6598
|
Forum: Personal Finance Posted:
Sat Feb 25, 2012 10:32 pm Subject: Consequences |
| No we live in the heart of the marcellus shale boom and haul for the gas pads being built around the area. No OTR hauling all within 60 mile radius usually. So the business is predicated on the gas in ... |
| Topic: Consequences |
kellen2811
Replies: 18
Views: 6598
|
Forum: Personal Finance Posted:
Sat Feb 25, 2012 8:46 pm Subject: Consequences |
Alright guys thanks for the advice.
The business I am currently in is a trucking industry, the risk is very minimal. Our gross income last year was 70k with a 9k net profit. I have one truck and t ... |
| Topic: Consequences |
kellen2811
Replies: 18
Views: 6598
|
Forum: Personal Finance Posted:
Wed Feb 22, 2012 3:31 pm Subject: Consequences |
| Sorry guys forgot to add at the end of the payments for my debt I would finish out the year in 2015 to build up a 50k emergency fund, starting 2016 is when I would consider cutting back. |
| Topic: Consequences |
kellen2811
Replies: 18
Views: 6598
|
Forum: Personal Finance Posted:
Wed Feb 22, 2012 3:27 pm Subject: Consequences |
Hello again all,
I have had a plan in place to eliminate all of my debt in the next 38 payments. I currently make 120,000 annually from my salary and 5119 after taxes and maxing out my 401k.
My ... |
| Topic: Future Investment |
kellen2811
Replies: 23
Views: 17327
|
Forum: Retirement Planning Posted:
Sun Aug 28, 2011 2:08 pm Subject: Future Investment |
I just have a few questions for everyone kind of a open discussion.
How did you amass your wealth? 401k retirement, stock portfolio, luck?
How do you see the future of investment as a long term ... |
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