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Ok. So currently I'm on target for like $51k per year including the backdoor roth. So sounds like I'm on a decent trajectory. Does that number you quoted include my current balance of around $415k?

Do you have a retirement calculator you are using for this? Or just basic compounding interest calc?

Have their insurance company talk to your insurance company

I'm not against diversification so tell me what the negative of holding GBP vs dollar and why GBP vs another currency.

While I doubt the hyperinflation of the dollar happening, it would have global consequences. The largest GDP in the world with #2 and #3 as the largest foreign US debt holders. The US has the largest military budget. There's special relations with England is not part of the EU. While I could see the steady decline of the US in the world, a fast decline affects everyone.

I did speak to the manager and all she said was, there is no way for us to reverse the deposit but she submitted a ticket with IT to see if there’s a way on their end. It was a refundable deposit for an event and nothing was damaged in the room and they gave me back the check saying they didn’t deposit it. After arguing with my bank for almost 2 weeks and getting the money taken out of my account twice they finally told me that my apartment building already deposited the check the day I gave it to them. They keep saying the person who deposited it is not with the building anymore so we can’t know why she did it. I feel I’m out of options and I’m very frustrated.

No. It’d be a manual process

Well, then you have two options here.

One, you can call Vanguard and probably have this resolved in 5 minutes

Two, you can transfer it from your brokerage, back to your checking account, then from your checking account to your IRA.

I'd go with option 1.

It was a cashiers check! I made sure to specify when I gave them the check to NOT deposit it so I can get my money back and they assured me they won’t. I already paid my last months rent and I have nothing due so they can’t add it to next months rent unfortunately.

If you are investing around $40k per year (between your contributions and your employer's match), you will likely get to around $3M by age 65. No one can know what future market returns will be, but if you assume a 6% return, the future value of your investments is $2.9M.

Nice, can I automatically move that money? Right now, every paycheck I get moves into my investment fund.

Absolutely. And here in Seattle that probably means $1000 total cost for a $500 payment.

Highest interest rate is 10.7% on the consolidation loan. Presently paying the minimum + $20 principal only payment a month.

Car and student loans were refinanced when rates were low, and are @ 2.34 and 3.24 respectively.

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Thanks for the push in the right direction. I'll maintain my match and learn how to cook rice and beans. Looking for a room mate, but most rooms here are renting for nearly what I pay for my "cheap" one bedroom.

I’m trying to do that but vanguard only has my bank account as an option to transfer to and from my brokerage account and my IRA

We just bought a brand new van and made sure to do the finances with trade in and down payment to make it around $300/mo. Not opposed to car payments but man do I hate tying up income in rigid expenses. Something about that $500 mark (or half of one thousand in my eyes) is just so unappealing haha

What is the purpose of the money?

Well, on the one hand 50% is still something. But on the other, in terms of raw dollars, you're talking about missing out on only $73k * 6% * 50% (match) * 50% (vest) = $1100 a year. Or $500 if you leave after year 1 but before completing year 2.

I doubt your eventual retirement will be drastically hurt from losing out on a couple thousand dollars. Though you're also not saving any of your own money. While maybe not "ideal" in terms of pure maximizing return on your dollars, I wouldn't consider it a horrible idea to put a temporary pause on that 401k to focus on debt / emergency fund.

You can just periodically transfer most of the funds to fidelity and invest for free.

Hell NO! something's fishy.. call your insurance and go through the proper channel.. I had a friend who was duped in a similar way and then sued by the offender ( within 1 year ) !!!

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Well okay thank you I guess, sheesh why is everyone so aggressive over this

Married people who have disparate incomes benefit the most by filing jointly. They were completely wrong telling you that.

You don’t have an option to not pay. It just comes out of your paycheck.

You give them authorization to deduct that as part of the approval process.

The only reason to forgo a match is in the case of cliff vesting, where you go from 0-100% all at once. In this case, you’ll get a 50-100% return (who knows, maybe you’ll change your mind or it will take you extra time to find a job that you’re happy with) on every dollar you put in. Unless you have some payday loans you haven’t disclosed, you’re not paying debt at more than 50%.

Even keeping half of the match is probably worth it. But depends on the interest rate on the loans.

Oh yeah, no worries! There are just plenty of sane reasons that higher earners don’t need to own cars. :)