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Scorpio
Pilla Bewarse
Username: Scorpio
Post Number: 123
Registered: 05-2017
Posted From: 174.61.228.127
| | Posted on Saturday, August 05, 2017 - 11:48 am: |
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Saarang
Pilla Bewarse
Username: Saarang
Post Number: 669
Registered: 04-2015
Posted From: 97.126.40.189
| | Posted on Thursday, August 03, 2017 - 1:14 am: |
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Ntr_rocks: Saarang:
maa Warrior cheppe gems ni close ga follow avvandi
kindal chestunnaru ga warrior ni..
Koncham leg pulling unna..maa karmika nayagan is financially savvy. |
Stylestar
Kurra Bewarse
Username: Stylestar
Post Number: 2684
Registered: 01-2009
Posted From: 65.51.27.4
| | Posted on Wednesday, August 02, 2017 - 1:28 pm: |
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Soggadu:May be Kubang sir is referring to this as compounding investment.
yes, it is the key.. the earlier you start the more savings at the end.. if an IT guy starts 401k from the first job.. $3M is easy beesy.. |
Simha
Pilla Bewarse
Username: Simha
Post Number: 376
Registered: 01-2013
Posted From: 161.165.196.107
| | Posted on Wednesday, August 02, 2017 - 1:27 pm: |
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Soggadu:naa lanti middle class
annai meeru kuda start chesara ragging 
Old ID: KEDI
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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 609
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Wednesday, August 02, 2017 - 1:08 pm: |
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I came in recently. Ikkada untano ledo telidu .. will press for a good job and hope things workout. Ekkada unna, koncham $ venakeskovali anni decide ayanu..
once last quarter starts, i will again go into hiding.. active during my internship, timepass info gathering annattu..
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Soggadu
Kurra Bewarse
Username: Soggadu
Post Number: 2945
Registered: 02-2009
Posted From: 65.110.174.162
| | Posted on Wednesday, August 02, 2017 - 1:01 pm: |
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Ajaatasatru:
Ikkada chala mandhi oka pushkara kalam (12 Years) nundi unnam  .
Nenu Canada citizen. America ni vadilesi oka 6 years ayyindi. Malli vastanemo teliyadhu
చక్కర కలిపిన తియ్యని తేనెల తోడు పెరుగు తెలుగు
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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 603
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Wednesday, August 02, 2017 - 12:41 pm: |
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Soggadu:
You are a citizen now ? i am still a junior saar.. ee DB lo veterans ekuva unar
i meant, a option kuda i researched a bit and shared opinion. Ippatiki baga telsina circle unte chits chestunatlu unaru NRIs.. but i feel its a shaky thing..
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Soggadu
Kurra Bewarse
Username: Soggadu
Post Number: 2944
Registered: 02-2009
Posted From: 65.110.174.162
| | Posted on Wednesday, August 02, 2017 - 12:37 pm: |
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Ajaatasatru:
Adhi example pettanu andi ... I stopped my investments in India 7 years back. Passports marchaka, akkada unnavi ela tevala ani thinking.
చక్కర కలిపిన తియ్యని తేనెల తోడు పెరుగు తెలుగు
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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 602
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Wednesday, August 02, 2017 - 12:34 pm: |
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Chit funds okaanappudu chala prevelant kani ippatiki, NRIs enta mandi play cheyagalaru ani doubt naku.. doesnt seem feasible india lo edo jarugutu untundi manaku control undadu..
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Soggadu
Kurra Bewarse
Username: Soggadu
Post Number: 2942
Registered: 02-2009
Posted From: 65.110.174.162
| | Posted on Wednesday, August 02, 2017 - 12:32 pm: |
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Wow lots of discussion, long weekend lo chaduvutha ...
Nenu use chesina/naaku workout ayina principle - make your rupee/dollar earn seed for your next investment. That will help you to save/accumulate more.
Ex. House koni, vache rent tho Margadarsi lo chits vesi, aa chit money becomes your seed for next investment.
Anni mana salary/savings nunde invest cheyyali ante ayye pani kadhu. Especially single salary sarma (naa lanti middle class)
May be Kubang sir is referring to this as compounding investment.
చక్కర కలిపిన తియ్యని తేనెల తోడు పెరుగు తెలుగు
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Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1587
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Wednesday, August 02, 2017 - 12:01 pm: |
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Ajaatasatru:You have some rentals in LA ?
No. in PA.
Actually ,most of states lo commission 11% vunnatlu vundi.PA lo konchem thakkuva anukonta. naa company 6.5% kaani, most of the companies charge 8% in Philly too |
Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 598
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Wednesday, August 02, 2017 - 11:47 am: |
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Andhrajamesbond:
Abond sarvadu.. good planning. Yeah i realised property mgmt folks r quite in vogue in LA as well. kakapote 6.5 % seems very low, i was expecting them to retain like 10-15% of rent... sounds good deal.
You have some rentals in LA ? 
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1586
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Wednesday, August 02, 2017 - 11:17 am: |
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Fanno1:Can I use the money in my HSA to pay for insurance premiums?
NO |
Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1585
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Wednesday, August 02, 2017 - 11:16 am: |
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Wanderer:hey have to hire property management.
They dont have to, just your choice. |
Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1584
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Wednesday, August 02, 2017 - 11:15 am: |
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Kubang:Rental property Ki daanikinde headaches daanikunnayi. Unless you are a handyman and be able to fix things, there will be leakage of cash flow. On top of that you have to deal with people those who always not have a decent credit...
yeah. i gave it to the property management company.so far I am OK. After his commison(6.5%), whatever I get is enough to feed the monthly payments on mortgage and taxes. He will take care of findign the right tenant etc.He checks his the credit score and other background checks. |
Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1583
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Wednesday, August 02, 2017 - 11:11 am: |
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Gochi:ow do I withdraw this money...
You are eligible to withdraw after 65 age like any other retirement account. |
Ntr_rocks
Kurra Bewarse
Username: Ntr_rocks
Post Number: 2799
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Wednesday, August 02, 2017 - 11:10 am: |
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Sakkineni:heard this is too costly
You can start with Term insurance, Monthly ($40-60) based on ur health and then convert to life whenever you want. Few companies offer this.
Pettesaa
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Musicfan
Bewarse Legend
Username: Musicfan
Post Number: 63764
Registered: 05-2004
Posted From: 134.244.29.2
| | Posted on Wednesday, August 02, 2017 - 11:07 am: |
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Gochi:
Gochesh ilanti threads esi sabhya samajaniki emi message iddamani??
#Fidaa Audio Review
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Sakkineni
Kurra Bewarse
Username: Sakkineni
Post Number: 2666
Registered: 04-2012
Posted From: 12.130.208.36
| | Posted on Wednesday, August 02, 2017 - 10:59 am: |
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Stylestar:whole life - secured and long term investment
heard this is too costly |
Fanno1
Yavvanam Kaatesina Bewarse
Username: Fanno1
Post Number: 9974
Registered: 03-2004
Posted From: 24.249.211.73
| | Posted on Wednesday, August 02, 2017 - 10:57 am: |
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Gochi:cool....assuming u stay healthy, then it makes sense first to put money in 401k first and then HSA...bcos in 401k u don't need to pay even the taxes once you are 65...where as HSA u need to pay taxes even at 65....so basic gaa once u maxout 18k on 401k and then u want to save more then HSA...is that right..?
avunannai. but health care expenses teleekunda edo okati vasthayi kada. Kaneesam kontha money accumulate chesi pettukovatam better. you can use this money in worst case scenarios...
Can I use the money in my HSA to pay for insurance premiums?
Insurance premiums generally are NOT considered IRS-qualified medical expenses unless they are for:
Continuing COBRA coverage
Certain long-term care insurance
Health coverage during unemployment
Coverage over age 65, including Medicare or employer retirement health benefits |
Stylestar
Kurra Bewarse
Username: Stylestar
Post Number: 2683
Registered: 01-2009
Posted From: 65.51.27.4
| | Posted on Wednesday, August 02, 2017 - 10:56 am: |
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Gochi:
not exactly.. you can spend Medical expenses from HSA anytime.. where as 401K you cannot take until 65.. |
Fanno1
Yavvanam Kaatesina Bewarse
Username: Fanno1
Post Number: 9973
Registered: 03-2004
Posted From: 24.249.211.73
| | Posted on Wednesday, August 02, 2017 - 10:55 am: |
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Andhrajamesbond:'FSA(medical)' ayithe , you got to be careful with your yearly limits.
FSA is risky, ippudu 500$ next year ki carry chesukovacchu. Kaani target pettina account lo 70% spend chesukunna chalu (worst case scenario). elagoo25-30% tax saving chesukuntam kabatti. 3-4 people vunna family lo entha ledanna 1000-1500 minimum health expenses aithe vuntayi kada. yearly oka sari medical& denatal, 2 years ki okasari eye care ki velthe. |
Gochi
Censor Bewarse
Username: Gochi
Post Number: 88539
Registered: 07-2004
Posted From: 159.53.110.143
| | Posted on Wednesday, August 02, 2017 - 10:53 am: |
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Fanno1:When you want to withdraw that money for non-medical expenses when you are under 65, you pay tax and 20% penalty. When you are 65, you just pay the income tax, no penalty. You can invest this money like 401k. so the money will grow.
cool....assuming u stay healthy, then it makes sense first to put money in 401k first and then HSA...bcos in 401k u don't need to pay even the taxes once you are 65...where as HSA u need to pay taxes even at 65....so basic gaa once u maxout 18k on 401k and then u want to save more then HSA...is that right..? |
Stylestar
Kurra Bewarse
Username: Stylestar
Post Number: 2681
Registered: 01-2009
Posted From: 65.51.27.4
| | Posted on Wednesday, August 02, 2017 - 10:51 am: |
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Fanno1:401k/HSA/529 will be growing.
perfect.. always maximize 401K.. once you turn 50 you can contribute upto $24K
if wanted more..
whole life - secured and long term investment
LTD - security for you and family
Life insurance on Kids - good gift for kids..
At the end when you are retiring you should not withdraw the money for expenses.. you should live on their returns..
If have $2M.. at the lowest the return is $140K..you can have bindaas life.. you would not have two major expenses at that time.. mortgage and kids education.. |
Fanno1
Yavvanam Kaatesina Bewarse
Username: Fanno1
Post Number: 9972
Registered: 03-2004
Posted From: 24.249.211.73
| | Posted on Wednesday, August 02, 2017 - 10:50 am: |
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Kubang:what I am saying is
CBN ni kindaling aa meeru kooda.. |
Fanno1
Yavvanam Kaatesina Bewarse
Username: Fanno1
Post Number: 9971
Registered: 03-2004
Posted From: 24.249.211.73
| | Posted on Wednesday, August 02, 2017 - 10:49 am: |
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Gochi:for example, I accrue 36k over next six years, 6k/year...how do I withdraw this money.
Gochi bro, say if you accumulate 50 K by the age you are 35-40, and never use them, you should be happy that you are healthy. You shouldn't worry even if you have to pay the penalty when you withdraw. When you want to use this money for any Health care expenses, copays, deductibles, medicines and there are many items you can buy using the HSA card. All this money you are not paying the income tax (assume that at your salary you pat at least 25% federal)
When you want to withdraw that money for non-medical expenses when you are under 65, you pay tax and 20% penalty. When you are 65, you just pay the income tax, no penalty. You can invest this money like 401k. so the money will grow.
Can I use the money in my HSA for non-medical expenses?
Yes. If you do though, and are under 65, you’ll be taxed on the amount you use and assessed a 20 percent penalty. Once you’re 65, you’ll be taxed for monies used for non-medical expenses, but won’t pay a penalty.
http://ucnet.universityofcalifornia.edu/compensation-and-benefits/health-plans/m edical/health-savings-account-faq.html |
Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 278
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Wednesday, August 02, 2017 - 10:41 am: |
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Kubang:Not everyone is capable of managing rental properties. Bemmi lantollaki chaala kashtam unless he outsourced the day to day management. You lose 15-20% cash flow by doing that..
H1-b paina unna vallu cannot manage rental properties ani vinnanu, dont know how much of it is true. If they have rental properties, they have to hire property management. |
Musicfan
Bewarse Legend
Username: Musicfan
Post Number: 63756
Registered: 05-2004
Posted From: 134.244.29.2
| | Posted on Wednesday, August 02, 2017 - 10:05 am: |
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Andhravodu: european desala nunchi vachina vallu left and right maintaining
Musicfan: unless you have real good time and good team to maintain it.
#Fidaa Audio Review
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Andhravodu
Pilla Bewarse
Username: Andhravodu
Post Number: 485
Registered: 04-2017
Posted From: 69.62.241.11
| | Posted on Wednesday, August 02, 2017 - 9:58 am: |
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Musicfan:End of the day its a huge loss..
Enduku ila bhayapedatavu 
manam ilane anukuntam, akkada eastern european desala nunchi vachina vallu left and right maintaining |
Musicfan
Bewarse Legend
Username: Musicfan
Post Number: 63755
Registered: 05-2004
Posted From: 134.244.29.2
| | Posted on Wednesday, August 02, 2017 - 9:54 am: |
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Kubang:Rental property Ki daanikinde headaches daanikunnayi.
US lo Rental ki property owning is a big NO. unless you have real good time and good team to maintain it.. End of the day its a huge loss..
#Fidaa Audio Review
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Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36640
Registered: 09-2011
Posted From: 24.64.245.215
| | Posted on Wednesday, August 02, 2017 - 9:38 am: |
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Shadow:
what I am saying is
Not everyone is capable of managing rental properties. Bemmi lantollaki chaala kashtam unless he outsourced the day to day management. You lose 15-20% cash flow by doing that..
Ignorance is bliss
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Shadow
Mudiripoyina Bewarse
Username: Shadow
Post Number: 18288
Registered: 05-2008
Posted From: 107.77.106.80
| | Posted on Wednesday, August 02, 2017 - 9:30 am: |
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True but you can write off those expenses. If you have more than one property hire a property manager.
http://www.sachinandcritics.com/
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Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36637
Registered: 09-2011
Posted From: 24.64.245.215
| | Posted on Wednesday, August 02, 2017 - 9:24 am: |
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Rental property Ki daanikinde headaches daanikunnayi. Unless you are a handyman and be able to fix things, there will be leakage of cash flow. On top of that you have to deal with people those who always not have a decent credit...
Ignorance is bliss
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Ntr_rocks
Kurra Bewarse
Username: Ntr_rocks
Post Number: 2793
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Wednesday, August 02, 2017 - 9:13 am: |
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Andhrajamesbond:
Depends up on the age and your health and medication issues. Money will get wasted if you don't use it by the year end.
2 different things.
HSA(Health Savings Account) and FSA(Flexible Savings Account)
HSA money will rollover every year if you dont use and you can invest given by HSA bank
FSA money do not rollover and you lose it if you dont use by the end of year.
Pettesaa
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Ntr_rocks
Kurra Bewarse
Username: Ntr_rocks
Post Number: 2792
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Wednesday, August 02, 2017 - 9:11 am: |
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Gochi:
thanks for guidance fan annai...401k I understand...but what will happen if I don't use my money from HSA...for example, I accrue 36k over next six years, 6k/year...how do I withdraw this money...
Your HSA bank gives options for investing. Vanguard, blackrock lanti biggies kuda vuntaru..
Pettesaa
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Andhravodu
Pilla Bewarse
Username: Andhravodu
Post Number: 484
Registered: 04-2017
Posted From: 69.62.241.11
| | Posted on Wednesday, August 02, 2017 - 9:10 am: |
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Gochi:
HSA visa debit card okati pampistaru and you use it as like any other bank card, but only for medical related stuff. End of year you will get a statement of distribution, you'll have to include in your tax returns ( form 8889 ). Any other purchases other than healthcare you'll have to pay tax |
Gochi
Censor Bewarse
Username: Gochi
Post Number: 88538
Registered: 07-2004
Posted From: 159.53.46.142
| | Posted on Wednesday, August 02, 2017 - 9:02 am: |
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Fanno1:I think its better to max out 401k whoever is working. that way we will save taxes we pay at higher brackets (atleast 25%).That money will be 18000*2= 36000 saving per year (assume wife is also working).
If HSA available better to take it 6,000/year/couple. Even if you are not sick now, you are saving the money for the future.
thanks for guidance fan annai...401k I understand...but what will happen if I don't use my money from HSA...for example, I accrue 36k over next six years, 6k/year...how do I withdraw this money... |
Fanno1
Yavvanam Kaatesina Bewarse
Username: Fanno1
Post Number: 9970
Registered: 03-2004
Posted From: 24.249.211.73
| | Posted on Wednesday, August 02, 2017 - 8:56 am: |
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Andhrajamesbond:
yes, you are right. it's not the same in all the states. |
Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1580
Registered: 03-2004
Posted From: 171.159.64.10
| | Posted on Wednesday, August 02, 2017 - 8:47 am: |
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Shadow:getting confused between health savings and health spending
Oh.. yeah.You are right. Thanks for the correction.
HSA is related to High deductible plans. I got confused when he said 3K limit. Incase of HSA, you can go as maximum as you can go(depends up on your plan). Why limit to 3k??
'FSA(medical)' ayithe , you got to be careful with your yearly limits. |
Shadow
Mudiripoyina Bewarse
Username: Shadow
Post Number: 18285
Registered: 05-2008
Posted From: 107.77.106.80
| | Posted on Wednesday, August 02, 2017 - 8:26 am: |
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Andhrajamesbond:
Tammud you getting confused between health savings and health spending. Any unused funds in the former gets rolled over (requires that you sign up for high deductible plan) and gnt latter is more like use it or loose it
http://www.sachinandcritics.com/
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Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1579
Registered: 03-2004
Posted From: 171.159.194.10
| | Posted on Wednesday, August 02, 2017 - 8:05 am: |
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Vjawarrior:hsa ki 3k teeskondi...
Depends up on the age and your health and medication issues. Money will get wasted if you don't use it by the year end. That works on "use it or loose it' basis. Youngsters ki antha akkarledu.Naa age ki naake 1000 kudaa spend cheyyadam ledu from HSA. |
Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1578
Registered: 03-2004
Posted From: 171.159.194.10
| | Posted on Wednesday, August 02, 2017 - 8:00 am: |
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Fanno1:If you take 529 and save money for kids education then that should give a minimum savings.
But you don't get any federal tax concession. Right? Unless you are a kind of experienced investor, I don't think this will help a lot on tax point of view except tax exemption from some of the state sponsored ones. Only thing is, you are saving some money at least to get some financial discipline. I am not in favor of 529 plan. States got restrictions on the use of the funds within the state universities etc. |
Shadow
Mudiripoyina Bewarse
Username: Shadow
Post Number: 18284
Registered: 05-2008
Posted From: 107.77.106.80
| | Posted on Wednesday, August 02, 2017 - 6:28 am: |
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Goses fanno annai cheppindy follow avvu. You will be saving on taxes now and nest egg will grow. The idea is when u withdraw after 65, since we won't have income it will be taxed accordingly.
We don't have option to buy stocks in 401k, oka 15 fund options unnai. 95% index funds lo padesa.
http://www.sachinandcritics.com/
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Vjawarrior
Pilla Bewarse
Username: Vjawarrior
Post Number: 599
Registered: 05-2017
Posted From: 68.53.21.199
| | Posted on Tuesday, August 01, 2017 - 11:39 pm: |
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15 year term loans teeskondi...dont buy houses over 500k..waste of money and stressful to pay...
manchi area lo teeskondi...
also max out 401k and do SIP on FANG stocks or buy spy every month...
529 waste...as u dont know where ur kids will be...india lo 529 funds are not usable...
life insurance for 500k each teeskondi...
india lo kudirthe amaravati lo oka apartment konukkondi ..
dont buy junk in denkudubaad...
day care ki sending aithe FSA-5k max out cheyyandi,,,
hsa ki 3k teeskondi...
university campuses lo condo teeskondi |
Fanno1
Yavvanam Kaatesina Bewarse
Username: Fanno1
Post Number: 9969
Registered: 03-2004
Posted From: 68.109.27.99
| | Posted on Tuesday, August 01, 2017 - 9:53 pm: |
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Ajaatasatru:
Gochi:
I think its better to max out 401k whoever is working. that way we will save taxes we pay at higher brackets (atleast 25%).That money will be 18000*2= 36000 saving per year (assume wife is also working).
If HSA available better to take it 6,000/year/couple. Even if you are not sick now, you are saving the money for the future.
If you take 529 and save money for kids education then that should give a minimum savings.
401k/HSA/529 will be growing. If we still have money put it ROth IRA. This money will be saved after taxes and we dont need to pay the taxes on growth if we with draw at 59 1/2. |
Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1577
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Tuesday, August 01, 2017 - 9:46 pm: |
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Wanderer:sounds like you are generalizing. it works for some,
Ok.
If you think that keeping your 30 years loan( by paying interest )and will save money, please do your calculation again and decide. I may be wrong too.. |
Ntr_rocks
Kurra Bewarse
Username: Ntr_rocks
Post Number: 2789
Registered: 10-2007
Posted From: 45.43.104.179
| | Posted on Tuesday, August 01, 2017 - 7:23 pm: |
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Saarang:maa Warrior cheppe gems ni close ga follow avvandi
kindal chestunnaru ga warrior ni...
Pettesaa
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Saarang
Pilla Bewarse
Username: Saarang
Post Number: 668
Registered: 04-2015
Posted From: 97.126.40.189
| | Posted on Tuesday, August 01, 2017 - 6:42 pm: |
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Next Amazon ni catch cheyyandi...you can retire with 100 Million....maa Warrior cheppe gems ni close ga follow avvandi
https://www.geekwire.com/2017/amazon-stock-vs-seattle-real-estate-better-investm ent/ |
Saarang
Pilla Bewarse
Username: Saarang
Post Number: 667
Registered: 04-2015
Posted From: 97.126.40.189
| | Posted on Tuesday, August 01, 2017 - 6:40 pm: |
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3 Million eppudu undaali...now or 30 years from now when we retire?
Ayina intha gola chestunnaru enduku...ippudu 300k unte in retirement account/investments whatever...retirement ki inka 30 years anunte...if your investments grow at 8% per year...it will be 3 Million in 30 years. Of course you can add a lot more to your retirement accounts/investments in these 30 years.
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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 594
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 5:41 pm: |
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Kubang,Andhrabond bhumi puttinapudu vachar ikkadiki.. so there numbers infact are scary 
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36632
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 5:19 pm: |
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Andhrajamesbond:I bought a house 14 years ago for 325K and spent 50K on the house and the present market price is 325K. yemi chesthaamu??
this is the exact reason, I exclude primary residence from my calculation when counting the nest egg for retirement.
Ignorance is bliss
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Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36631
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 5:18 pm: |
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Andhrajamesbond:You dont save anything by not paying mortgage.
exactly my point. The way I look at debt is like this. You should pay off any debt as soon as possible, that way the total amount in terms of interest out of your pocket is lowest. that is guaranteed return for you, rest is all illusion/hope.
Ignorance is bliss
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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 593
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 5:05 pm: |
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True, hence i quoted some research...
chudali nenu kuda data and analyse. I know RedFin,Zillow give price data.I do guess market is complicated - School district, lot size, political circles, demography.. anni matter avtai anukunta
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 277
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Tuesday, August 01, 2017 - 4:38 pm: |
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house is all about location and when you bought it ani my 2 cents. |
Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 276
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Tuesday, August 01, 2017 - 4:37 pm: |
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Andhrajamesbond:You dont save anything by not paying mortgage
sounds like you are generalizing. it works for some, it might not work for another. like you said there are several other factors which play into this. |
Sakkineni
Kurra Bewarse
Username: Sakkineni
Post Number: 2664
Registered: 04-2012
Posted From: 12.130.208.36
| | Posted on Tuesday, August 01, 2017 - 4:35 pm: |
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Kubang: house may be worth a million by then
What is automation catches up and there will be less people having good and decent jobs if not high paying upper 6 fig salaries |
Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1576
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Tuesday, August 01, 2017 - 4:32 pm: |
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I bought a house 14 years ago for 325K and spent 50K on the house and the present market price is 325K. yemi chesthaamu?? |
Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1575
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Tuesday, August 01, 2017 - 4:31 pm: |
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Ajaatasatru:with lots of data.
The problem with the data is- you can not generalize in with the whole USA data or for that matter the state's data.Each and every county within the state also differs on the housing prices. If you live in that are, then you will sense how the market is going to be. Many, many factors impact the local area market.
example:My BIl bought a house in PA for 350k about 20 years ago.Now it is one million dolalrs worth.But if you go one mile away, the same sized house is about500K. The reason is-The township stopped giving permissions with bigger lots(it got 2 acres lot).so, if any businessman/doctor wants to buy a house, this neighborhood is the only option. It was an unexpected movement by the County and helped that neighborhood. |
Ravanabrahma
Celebrity Bewarse
Username: Ravanabrahma
Post Number: 25596
Registered: 06-2004
Posted From: 167.114.102.230
| | Posted on Tuesday, August 01, 2017 - 4:27 pm: |
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goch ba, good thread. therigga chaduvutha motham kasepayyaka. |
Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 592
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 4:23 pm: |
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Andhrajamesbond:
I recently read a good article on this, with lots of data.
mainly look at houseprice appreciation ( capital gain ),equity etc etc.. vs your rental growth and over time they prove that renting is better option atleast in US. I cant remember where was this but..
I will pick up house price data and do some analysis, ippatiki time undi. I hope(guess) there is a recession in the making, near future lo.. hehe
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1574
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Tuesday, August 01, 2017 - 3:46 pm: |
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Wanderer:tax deductions roopam lo.
OK.
For easy calculations:
Scenario1: you have 100K income.
You got to pay mortgage interest 10000.
so, your Gross adjustable income is 90K.30 percent tax is 27000/-.so, moeny in your hand is 63000/-
Scenario22; you paid off your mortgage.Income is 100k tax is 30%
Now, you dont have any mortgage .you got to pay 30,000.net money in your hand is 100,000-30,000= $70,000
I know it is not that simple calcualtion when there are many, many deductions , credits and other tax implications.But, You dont save anything by not paying mortgage. |
Pradeep01
Pilla Bewarse
Username: Pradeep01
Post Number: 167
Registered: 04-2017
Posted From: 205.141.247.2
| | Posted on Tuesday, August 01, 2017 - 3:43 pm: |
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Nalla_baalu:3M ante ippatnunde prathidhi aachi toochi adugesthe 65 ki set avvochu emo
kastam..  please mark/underline/side line etc |
Ntr_rocks
Kurra Bewarse
Username: Ntr_rocks
Post Number: 2786
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, August 01, 2017 - 3:42 pm: |
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Ravanabrahma:40 age ki 3M insurance thesukoni 59 age ki tapa kattesthe all set annamata family inka.
3M ki insurance istaya companies, nenu chusinavi anni 1M and investment type lo 3-4% istayi...
Anyway, Insurance kadite nuvvu pothe kani raavu ga...neeku kavali ante only investment, mee family ki kavali ante insurance.
Pettesaa
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Ntr_rocks
Kurra Bewarse
Username: Ntr_rocks
Post Number: 2785
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, August 01, 2017 - 3:40 pm: |
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Gochi:
HSA naa....idhi Health Savings ki kadhaa...what is the advantage of putting money in HSA? You can use this money only for Health related expenses right...and if you withdraw for others, then U need to pay penalty or what ever....I put in 401k as its meant for retirement...I wanted some savings for my retirement...
Yes only for hospitals and pharmacy ki pay cheachu...alage you can invest from it in Vanguard etc
Pettesaa
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Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1573
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Tuesday, August 01, 2017 - 3:36 pm: |
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Ravanabrahma:40 age ki 3M insurance thesukoni 59 age ki tapa kattesthe all set annamata family ink
Sucide ni cover chese companies kuda konni vunnaayanta. Naa policy lo work avvadu. |
Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 275
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Tuesday, August 01, 2017 - 3:34 pm: |
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Andhrajamesbond:65 age thravaatha any retirement money laagaa withdraw /distribute chesukovachu without any penalty.
oh nice, thanks. |
Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 274
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Tuesday, August 01, 2017 - 3:34 pm: |
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Andhrajamesbond: 'interest to the mortgage bank'.
this will get some of your money back to you kada tax deductions roopam lo. |
Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1572
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Tuesday, August 01, 2017 - 3:34 pm: |
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Wanderer:health related ki teeskokapothe last ki emavutundi?
65 age thravaatha any retirement money laagaa withdraw /distribute chesukovachu without any penalty. |
Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1571
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Tuesday, August 01, 2017 - 3:31 pm: |
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Wanderer:if you withdraw before 60/65. after 60/65 aithe no penalty. experts clarify cheyyali.
even after retirment period, you HAVE TO withdraw certaina mount moeny
Wanderer:ax benefit kosam.
ether you got to pay 'tax to the govt' or 'interest to the mortgage bank'.Eitehr way, you are loosing your money.so, whats the point on 'not paying mortgage?' when you got the ability to pay it? If you can not pay because of various other financial obligations, that is a different issue.also depends up on the housing price trend in your area. |
Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1570
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Tuesday, August 01, 2017 - 3:27 pm: |
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Ajaatasatru:Even 401k i dont think u can withdraw one shot ?
You can withdraw, but need to pay 10% penalty along with the regular tax. |
Nalla_baalu
Censor Bewarse
Username: Nalla_baalu
Post Number: 125624
Registered: 06-2011
Posted From: 204.194.77.3
| | Posted on Tuesday, August 01, 2017 - 3:27 pm: |
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Speaker:3 equal halves
Tingannai ledu kabatti saripoyindhi ... 3 equal halves enti 3rd semi final laaga ani adigevaadu 
Aug 11th 2011 weight -- 84 kg; Aug 11th 2012 weight -- 88 kg; Aug 11th 2013 weight -- 80 kg; July 2015 -- 90 kilos (5'10")
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Speaker
Kurra Bewarse
Username: Speaker
Post Number: 2509
Registered: 04-2017
Posted From: 66.46.216.118
| | Posted on Tuesday, August 01, 2017 - 3:23 pm: |
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Gochi:1 Crore vasthadhaa...ante 156k USD...em moolaki vasthaai ivi..
e moolaki raavu 1 koka...
ayina neekendi saami, nenu 5 vaatalu eyyali..
2 for me n wife, inka 3 for 3 kids...will ayithe raasi denka...
but avasarmosthe, annitlo 3 equal halves for all 3 kids ani raasa...
eppudanna ammalante...maa buddollaki edanna problem ayyiddemo...God only knows...
but kudirinantha varaku...naayaldi edi ammanivvanu evvarini kooda...edanna ammalanna kooda naa aadvaryam lone jaragaali...ade korika...
Naa Maata, Nene Vinanu
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Gochi
Censor Bewarse
Username: Gochi
Post Number: 88535
Registered: 07-2004
Posted From: 159.53.78.141
| | Posted on Tuesday, August 01, 2017 - 3:19 pm: |
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Speaker:avasaramayithe India lo edo okati ammeyataaniki ready ga undaaalani siddapadda...anthe...
idhi baane undi, kaani how much will u get by selling properties...oka 1 Crore vasthadhaa...ante 156k USD...em moolaki vasthaai ivi.. |
Gochi
Censor Bewarse
Username: Gochi
Post Number: 88534
Registered: 07-2004
Posted From: 159.53.46.142
| | Posted on Tuesday, August 01, 2017 - 3:18 pm: |
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Ravanabrahma:
neekem hemesh..pocket money kaavalannappudalla alaa oka round casino ki poyosthe sari...
 |
Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 273
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Tuesday, August 01, 2017 - 3:17 pm: |
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Speaker:India lo edo okati ammeyataaniki ready ga undaaalani siddapadda
ilanti properties ee madya konali ante kuda kastamga undi baga. india lo rates cannot. |
Speaker
Kurra Bewarse
Username: Speaker
Post Number: 2508
Registered: 04-2017
Posted From: 66.46.216.118
| | Posted on Tuesday, August 01, 2017 - 3:14 pm: |
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Savings geevings emi jaatha nahin...
idantha oka humbug laa anipistundi...
endukante...manaki avasaramayinappudu tiyyalante...penalties, fines...taxes...etc
avasaramayithe India lo edo okati ammeyataaniki ready ga undaaalani siddapadda...anthe...
not 2 lay 2 much stress on these uncertain things...
Naa Maata, Nene Vinanu
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Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36630
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 3:12 pm: |
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Ravanabrahma:
 neeyavva..
Ignorance is bliss
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Ravanabrahma
Celebrity Bewarse
Username: Ravanabrahma
Post Number: 25595
Registered: 06-2004
Posted From: 167.114.118.4
| | Posted on Tuesday, August 01, 2017 - 3:10 pm: |
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40 age ki 3M insurance thesukoni 59 age ki tapa kattesthe all set annamata family inka.  |
Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36629
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 3:10 pm: |
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Wanderer:this is excluding benefits kada.
adagalsindi Gochi ni, it was not my post.
Ignorance is bliss
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Gochi
Censor Bewarse
Username: Gochi
Post Number: 88533
Registered: 07-2004
Posted From: 159.53.78.141
| | Posted on Tuesday, August 01, 2017 - 2:58 pm: |
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Wanderer:i contribute zero, employer contributes to HSA.
entha contribute chesthunnaadu...make sure u use it for all medical thingsfirst...avemi levu ante inka thappadu, withdraw with some penalty and get the money |
Gochi
Censor Bewarse
Username: Gochi
Post Number: 88532
Registered: 07-2004
Posted From: 159.53.78.141
| | Posted on Tuesday, August 01, 2017 - 2:55 pm: |
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Ajaatasatru:Even 401k i dont think u can withdraw one shot ? and also matters if you go back to India ..correct my understanding..
correct...401k kooda in one shot if you withdraw, you need to pay taxes and some penalty...but if your employer is also contributing(matching) in your 401k amount, then u are losing that money if u don't enroll in 401k...for example, my previous company used to match 50% of what I put in 401k upto a maximum of 3%..ante nenu 6% contribute chesthey, my company used to add 3% from their pocket...which is around 3k per year..so 401k enroll kaakapothe ee extra 3k naaku raadhu...end of the day penalties kattina kooda I would be in a profit when I withdraw...
one more thing entante, even if u r in india, u can always withdraw money from US once u cross 60/65...after 60 aithe they put very little penalsty..after 65 chesthe then no penalty at all...plus money keeps growing over this period |
Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 591
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 2:54 pm: |
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Wanderer:
Yes i also read same, penalty etc. That sounded hefty cut to me.. andulonu $ lo penalty ante tough kada..
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 590
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 2:53 pm: |
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Wanderer:mortgage pay off is not good option antunaru kada
Yes thats the new trend.
Also cos house prices are on uptrend.
I do think we should have house price slump again, i dont have analysis on Shiller data etc .. but chestanu sometime
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 272
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Tuesday, August 01, 2017 - 2:53 pm: |
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Kubang:then 1 yr, I made 90k, after that took a cut and came down to 65k,
this is excluding benefits kada. |
Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 271
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Tuesday, August 01, 2017 - 2:51 pm: |
|
Ajaatasatru:Even 401k i dont think u can withdraw one shot
you can, but tax and penalty if you withdraw before 60/65. after 60/65 aithe no penalty. experts clarify cheyyali. |
Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 270
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Tuesday, August 01, 2017 - 2:50 pm: |
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Gochi:reduce your contribution
i contribute zero, employer contributes to HSA. |
Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 269
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Tuesday, August 01, 2017 - 2:50 pm: |
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Kubang:mortgage paid
mortgage pay off is not good option antunaru kada.. ikkada telisinavallu kontha mandi equity paina loan or house upgrade avutunnaru after a while to make sure they have more loan, tax benefit kosam. |
Gochi
Censor Bewarse
Username: Gochi
Post Number: 88531
Registered: 07-2004
Posted From: 159.53.78.141
| | Posted on Tuesday, August 01, 2017 - 2:49 pm: |
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Wanderer:deeni meeda clarity ivvandi. maku employer HSA lo amount istadu..next yr ki full rollover avuddi, health related ki teeskokapothe last ki emavutundi?
like u said, HSA money gets rolled over to next year if u don't use it this year...if u see there is more money in HSA, then next year during your open enrollment period, reduce your contribution...HSA lo money meeru non-medical ki use chesthe u will need to pay regular income tax on that money plus IRS will put 20% extra penalty for using it for non medical purpose... |
Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 589
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 2:45 pm: |
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Even 401k i dont think u can withdraw one shot ? and also matters if you go back to India ..correct my understanding..
ee bongulo desam lo save cheyalante karadugattina gujjus laga train cheskovali manam kuda..30% taxes endirarei
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 268
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Tuesday, August 01, 2017 - 2:44 pm: |
|
Gochi:You can use this money only for Health related expenses right
deeni meeda clarity ivvandi. maku employer HSA lo amount istadu..next yr ki full rollover avuddi, health related ki teeskokapothe last ki emavutundi? |
Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36627
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 2:43 pm: |
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Gochi:HSA naa....idhi Health Savings ki kadhaa...
naakkooda adey doubt vachindi but meeku vere scheme edanna vundemo anukuni adagaledu
Ignorance is bliss
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Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36626
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 2:42 pm: |
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Gochi:then 1 yr, I made 90k, after that took a cut and came down to 65k,
okay. I am not familiar with this trend. income uncertainty vunte, then you have to set a target accordingly.
Ignorance is bliss
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Gochi
Censor Bewarse
Username: Gochi
Post Number: 88530
Registered: 07-2004
Posted From: 159.53.46.142
| | Posted on Tuesday, August 01, 2017 - 2:42 pm: |
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Ntr_rocks:Nenu kuda mee boat lone vunna...Why are you contributing 900 to 401K, Am not contributing anything to 401K but 9% to HSA.
HSA naa....idhi Health Savings ki kadhaa...what is the advantage of putting money in HSA? You can use this money only for Health related expenses right...and if you withdraw for others, then U need to pay penalty or what ever....I put in 401k as its meant for retirement...I wanted some savings for my retirement... |
Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 588
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 2:41 pm: |
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Gochi:
Ohh.. it seems like quite a tough journey.
Nenu marii.. targetting 120k+ base - ipudenduko ee stories chuste naa estimates off ga anipistunai..
I dont plan to do Contract jobs.I understand for a FT in the US,FinancialServs, my starting salary and experience play huge role in the overall progression. Anduke dont want to aim lower and slog ..
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 267
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Tuesday, August 01, 2017 - 2:41 pm: |
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how much are you worth until now ani kuda oka thread eyyandi. saradaga chustanu :D :run: |
Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36625
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 2:40 pm: |
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Ajaatasatru:Cant believe, but then you are in Oil industry right ?
I was not in the oil industry then. I was with a power utility, that was 10 years ago. I moved to oil industry about 9 years ago.
Ignorance is bliss
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Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36624
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 2:38 pm: |
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Wanderer:naku 55 vastayi appatiki, inko 5 yrs lo retirement kada.
assuming 65 retirement, mortgage paid off before you are 50 and kids education expenses are done before you are 55.
Ignorance is bliss
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Gochi
Censor Bewarse
Username: Gochi
Post Number: 88529
Registered: 07-2004
Posted From: 159.53.46.142
| | Posted on Tuesday, August 01, 2017 - 2:38 pm: |
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Kubang:
ikkada age tho paatu salary peragadhu kubang ji...too much uncertainity in US and that too in IT...its not a very smooth career path for all...ee time ki ey technology baagunte anduloki dookatam, malli start as a developer...just an example, last 12 years chooskunte first 2 years I made 60k, then 1 yr, I made 90k, after that took a cut and came down to 65k, and over a period of 10 years it slowly grew to 70/80/90k and now again I am back in market....I don't know where I will start and when I have to take a cut... |
Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 587
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 2:38 pm: |
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Inflation, Returns are huge Variables in our calculations.
Inflation atleast ball park eskovachu - from historical data.
Returns - its all in our hands. Ide kashtamaina pani...
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36623
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 2:37 pm: |
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Wanderer:
ante your expenses will go down quite a bit once you are done with the mortgage and kids education kada. even if the family income is 250k range, it would not be that difficult to save 100k.
Ignorance is bliss
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Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 266
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Tuesday, August 01, 2017 - 2:36 pm: |
|
Kubang:once you are done with kids education and morgage pay off, by that time you will be at peak earnings power
naku 55 vastayi appatiki, inko 5 yrs lo retirement kada. |
Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36622
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 2:35 pm: |
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Gochi:5% too much aithe what is the general rate of return people get ? is it 2-3%?
that's not too much, you need to be careful antunna. ultra safe ante GICs which are in the range of 2-3%
Ignorance is bliss
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Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 265
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Tuesday, August 01, 2017 - 2:34 pm: |
|
Gochi:iddaru job chesthuntene ikkada yearly 25k kooda save kaatallaa
same here. |
Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 586
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 2:33 pm: |
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Kubang: I was making 110k at that age and always single income family.
Cant believe, but then you are in Oil industry right ? till about 2 yrs back.. oil public dunnesar kada $ .. hows ur compensation levels now, after the Oil slump ?
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 264
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Tuesday, August 01, 2017 - 2:33 pm: |
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Kubang:at your peak earning years, you could easily save 100k per year if not more
how andi. naku anchana ki andatledu. unless house income is 400k how can one save? just curious. |
Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36621
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 2:32 pm: |
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Gochi:
think about buying land somewhere. it gives you bit of diversification and also potential for capital gain more than inflation.
Ignorance is bliss
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Ntr_rocks
Kurra Bewarse
Username: Ntr_rocks
Post Number: 2784
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, August 01, 2017 - 2:32 pm: |
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Gochi:combined gross is around 180k...
Nenu kuda mee boat lone vunna...Why are you contributing 900 to 401K, Am not contributing anything to 401K but 9% to HSA.
Ipudu 9% HSA ki contribute chesi, inka 401K ki kuda contribute cheste tax lo emanna benefit vuntadi antara...
401K ki contribute cheste tax benefit vuntadi ani telusu, but my quesiton is beyond 9% of HSA< will there be more benefit ani...
Pettesaa
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Gochi
Censor Bewarse
Username: Gochi
Post Number: 88528
Registered: 07-2004
Posted From: 159.53.46.142
| | Posted on Tuesday, August 01, 2017 - 2:31 pm: |
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Kubang:
one risk is 5% return assumption, you have to have lot of discipline to achieve this.
ok...5% too much aithe what is the general rate of return people get ? is it 2-3%? |
Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36620
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 2:30 pm: |
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Gochi:combined gross is around 180k...
that's a very good amount for your age (if 37 is true ). I was making 110k at that age and always single income family.
Ignorance is bliss
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Gochi
Censor Bewarse
Username: Gochi
Post Number: 88527
Registered: 07-2004
Posted From: 159.53.46.142
| | Posted on Tuesday, August 01, 2017 - 2:28 pm: |
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Ajaatasatru:
State is PA, combined gross is around 180k... |
Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36619
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 2:27 pm: |
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Gochi:
You are covered for kids education with 120k or so. even if its little bit more at that time it shouldn't be a huge issue.
at the rate of $900 savings per month (assuming you already have around 10k in that account) and assuming a 5% return, in 23 years you will have about $500k.
however, once you pay off the mortgage you will have that 3k per month extra cash even not counting increase in your earnings. lets assume 3k per month for 10 years and 5% return per year; you would save another ~500k.
your house paid off, you will have at least a million in the bank. house may be worth a million by then. if you move to a smaller place and buy a home for 500k, then you will have $1.5M in the bank for your retirement.
One thing we are not counting is your wage increases over time. you should be able to increase your savings in line with wage increases.
one risk is 5% return assumption, you have to have lot of discipline to achieve this.
Ignorance is bliss
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Gochi
Censor Bewarse
Username: Gochi
Post Number: 88526
Registered: 07-2004
Posted From: 159.53.46.142
| | Posted on Tuesday, August 01, 2017 - 2:26 pm: |
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Ntr_rocks:For 23 yrs, lets say you are contributing 900 and employer contributing another 900, you will be more than 500K+ for 401K...I think its good enough..
employer match emi ledhu...only memu pedathannaam maa pocket nundi...  |
Ntr_rocks
Kurra Bewarse
Username: Ntr_rocks
Post Number: 2783
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, August 01, 2017 - 2:22 pm: |
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Gochi:
Retirement (401k) ki, me and my wife together we are contributing around 900 per month..started last year..60 years retirement esukunna, we have another 23 years to contribute...
For 23 yrs, lets say you are contributing 900 and employer contributing another 900, you will be more than 500K+ for 401K...I think its good enough..
Pettesaa
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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 584
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 2:21 pm: |
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Gochi:
if i may ask, whats combined Gross for you ? and the state.. so to understand wats approx take home and the savings %ge..2 ppl together put 900$ ? nenedo 1.5k pm vesanu number.. over chesanu anipistundi ipudu..
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Gochi
Censor Bewarse
Username: Gochi
Post Number: 88525
Registered: 07-2004
Posted From: 159.53.46.142
| | Posted on Tuesday, August 01, 2017 - 2:16 pm: |
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kubangji meeru maattadedhi too much complicated gaa undi...
prasthutham naa contributions chepthaa,daani batti tell me if I need to put in more in retirement/education...
House - 13 more years for mortgage pay off...monthly 3k dobbesthaandhi..so I should be able to pay off by when I am 50..
Education fund - 1k per month pedathanna state 529 plan lo...I started last year and I have another 9 years for my kid to come to college, so by that time, I should have around 120k..
Retirement (401k) ki, me and my wife together we are contributing around 900 per month..started last year..60 years retirement esukunna, we have another 23 years to contribute...
just expecting regular rate of returns, will I be comfortable for kids education and retirement? or Do i need to increase anything? Peak career, 100k per year anabaakandi  just simple calculations tho if I go at the same rate, where will i end up? |
Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 583
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 2:05 pm: |
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Kubang:once you are done with kids education, by that time you will be at peak earnings power. aa range lo oka 10 years work chesthe all set.
Might not be the case 
Adi baalya vivahalu, 20-25 type candidates ki not easy for others. Also kids education n all that .. sounds scary looking at these fees figures..
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Sakkineni
Kurra Bewarse
Username: Sakkineni
Post Number: 2663
Registered: 04-2012
Posted From: 12.130.208.36
| | Posted on Tuesday, August 01, 2017 - 2:04 pm: |
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Sasibabu:Aa vayasu lo antha dabbu em sesukuntaav jee
Sagatu america musalodu laaga Cadillac or unko rich car set chesi , get out of my country ani arustharu emo |
Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36616
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 2:03 pm: |
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Gochi:iddaru job chesthuntene ikkada yearly 25k kooda save kaatallaa...
once you are done with kids education and morgage pay off, by that time you will be at peak earnings power. aa range lo oka 10 years work chesthe all set. poorthiga chaduvu nenu kashtapadi raasedi 
Ignorance is bliss
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Ntr_rocks
Kurra Bewarse
Username: Ntr_rocks
Post Number: 2782
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, August 01, 2017 - 2:03 pm: |
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Gochi:
enti, avi dabbulaa sillara penkulaa....iddaru job chesthuntene ikkada yearly 25k kooda save kaatallaa...
investment kuda savings ee jee..,meeru chese 100K investments ki 25K kalipite 125K anattu..
Pettesaa
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Gochi
Censor Bewarse
Username: Gochi
Post Number: 88524
Registered: 07-2004
Posted From: 159.53.110.140
| | Posted on Tuesday, August 01, 2017 - 2:01 pm: |
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Kubang:at your peak earning years, you could easily save 100k per year if not more
enti, avi dabbulaa sillara penkulaa....iddaru job chesthuntene ikkada yearly 25k kooda save kaatallaa...
 |
Nalla_baalu
Censor Bewarse
Username: Nalla_baalu
Post Number: 125622
Registered: 06-2011
Posted From: 204.194.77.3
| | Posted on Tuesday, August 01, 2017 - 1:58 pm: |
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3M ante ippatnunde prathidhi aachi toochi adugesthe 65 ki set avvochu emo
Aug 11th 2011 weight -- 84 kg; Aug 11th 2012 weight -- 88 kg; Aug 11th 2013 weight -- 80 kg; July 2015 -- 90 kilos (5'10")
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Ntr_rocks
Kurra Bewarse
Username: Ntr_rocks
Post Number: 2781
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, August 01, 2017 - 1:57 pm: |
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Sasibabu:Aa vayasu lo antha dabbu em sesukuntaav jee
First antha earn cheyi, apudu emi chesukovalo teliyaka pothe TDP ki fund ivvachu or vere daanalu cheyachu.....dreams kuda kaninivvavu..legess
Pettesaa
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Speaker
Kurra Bewarse
Username: Speaker
Post Number: 2505
Registered: 04-2017
Posted From: 66.46.216.118
| | Posted on Tuesday, August 01, 2017 - 1:55 pm: |
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Ntr_rocks:neku entha vunte naku enti, nenu enduku happies..
nenu 300k kooda seyyalenani seppaavu ga..alaage sardukupothe...nuvve happies ena kaada ani adiga...
Naa Maata, Nene Vinanu
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Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1569
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Tuesday, August 01, 2017 - 1:54 pm: |
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Sasibabu:Aa vayasu lo antha dabbu em sesukuntaav jee
Motham chadavu gaa before you post something..
Andhrajamesbond:and will live atleast 20 more years.
Migilina life bathagadaaniki.Yearly intha ani draw chesukontaavu aa retirment dabbu lo nunchi(Appati estimated cost of living ki adi thakkuvenemo anttaadu inkoka analyst) |
Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36615
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 1:54 pm: |
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Sasibabu:Aa vayasu lo antha dabbu em sesukuntaav jee
85 life expectancy is normal now. 20 years peaceful ga bathakalante aa mathram kaavali. inflation adjusted amount lekkesthe its not that much
Ignorance is bliss
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Ntr_rocks
Kurra Bewarse
Username: Ntr_rocks
Post Number: 2780
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, August 01, 2017 - 1:53 pm: |
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Speaker:
sare...nuvvu happy e gaa...buddoda???
nuvvu happy ayithe, nenu kooda happye...
neku entha vunte naku enti, nenu enduku happies..
Pettesaa
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Ntr_rocks
Kurra Bewarse
Username: Ntr_rocks
Post Number: 2779
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, August 01, 2017 - 1:53 pm: |
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Kubang:ladies jewelry gurinchi marchipo, godaki kottina sunnam mana ladies ki ichina gold okate. thirigi raavu
luckily, ipati daka emi konaledu gold, future lo kuda emi kone alochana ledu..
Pettesaa
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Sasibabu
Mudiripoyina Bewarse
Username: Sasibabu
Post Number: 15435
Registered: 10-2010
Posted From: 45.20.143.145
| | Posted on Tuesday, August 01, 2017 - 1:51 pm: |
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Andhrajamesbond:about 2 to 2.5 million assuming you are goign to retire at the age of 65
Aa vayasu lo antha dabbu em sesukuntaav jee 
theesesaa
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Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1568
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Tuesday, August 01, 2017 - 1:49 pm: |
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Gochi:etirement time ki manaki 401k enthundaali approximate gaa to lead a comfortable life in a small town (
about 2 to 2.5 million assuming you are goign to retire at the age of 65 and will live atleast 20 more years. |
Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36614
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 1:47 pm: |
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Gochi:
at your peak earning years, you could easily save 100k per year if not more
Ignorance is bliss
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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 582
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 1:45 pm: |
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https://www.investor.gov/additional-resources/free-financial-planning-tools/comp ound-interest-calculator
I am just using this to kind of ball park discussions. 20yrs, 5% return, 1.5k per month takes you to like 1.2M .. that sounds very lucrative.
I wonder IRA lanti scheme you cant withdraw in one shot rite ? i will research further on how this US retirement benefit sys works..
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36612
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 1:39 pm: |
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Gochi:f I put aside $500 a month for Retirement from today...Current age 37...what is the final amount in 401k I will have at the age of 65?
depends on where you put kada gochi! assuming 5% return you are looking at about $365k at 65 if you set aside 500 per month.
Ignorance is bliss
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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 581
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 1:37 pm: |
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Gochi:
Compounding rocks.
India lo PPF lo pettina amount e koncham naku na college start lo help chesindi. I deposited ~1lac in first 5 yrs of job - and i got 8% compounded on PPF. Adi kakunda PF, and Tax Saver plan lo petta.
SBI tax div plan.. worked good for me ( relatively). I bought during 2007-10 ... recession ki baga dip aite aggressive ga bought, and from 2012 onwards, every year used to get like 15k on 1.2lac initial.. anta kante em kavali. Adi kooda boodida chesnu but still.. thats very good yield. And this SBI Tax saver isnt a highly rated ELSS in india, edo SBI acct undi ani badhakam toh invest chesa..
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Speaker
Kurra Bewarse
Username: Speaker
Post Number: 2504
Registered: 04-2017
Posted From: 66.46.216.118
| | Posted on Tuesday, August 01, 2017 - 1:33 pm: |
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Ntr_rocks:nuvvu matram 300K kuda cheyav,
sare...nuvvu happy e gaa...buddoda???
nuvvu happy ayithe, nenu kooda happye...
Naa Maata, Nene Vinanu
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Speaker
Kurra Bewarse
Username: Speaker
Post Number: 2503
Registered: 04-2017
Posted From: 66.46.216.118
| | Posted on Tuesday, August 01, 2017 - 1:32 pm: |
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Kubang:godaki kottina sunnam mana ladies ki ichina gold okate. thirigi raavu
Naa Maata, Nene Vinanu
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Gochi
Censor Bewarse
Username: Gochi
Post Number: 88523
Registered: 07-2004
Posted From: 159.53.110.140
| | Posted on Tuesday, August 01, 2017 - 1:32 pm: |
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Kubang:at that level oka 10 years gattiga save chesi, konchem solid investments chesthe it's not impossible to reach 2 to 3 million savings by 65. that's the beauty of compounding impact.
ee compounding ey sarigga artham kaavatledhu...if I put aside $500 a month for Retirement from today...Current age 37...what is the final amount in 401k I will have at the age of 65? |
Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36610
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 1:31 pm: |
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Sakkineni:ippudu ee savings lo india nunchi vache aasthi,
nenu cheppedi your total net worth not including your prime residence. ladies jewelry gurinchi marchipo, godaki kottina sunnam mana ladies ki ichina gold okate. thirigi raavu
Ignorance is bliss
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Speaker
Kurra Bewarse
Username: Speaker
Post Number: 2502
Registered: 04-2017
Posted From: 66.46.216.118
| | Posted on Tuesday, August 01, 2017 - 1:31 pm: |
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Kubang:
20c kaadu...naaku telsina okadu 100koka paine peekadu last 15-20 years lo...
cement shop vaadidi, plus side na real estate chesi peekesaadu...
naaku India lo telisinappudu around 30 years back, maa intlon unna paadubadda cycle ni oka 2 days teesukeltha ani ane range...
iyyaala Benz, Audi cars ki taggadu...full enjoy aadu...
last time India vellinappudu glen livet scotch bottle isthe..entra idi..??? deenilo assalu kick ledanukunta full bottle aadokkadae taagidenkaadu...
Naa Maata, Nene Vinanu
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Ntr_rocks
Kurra Bewarse
Username: Ntr_rocks
Post Number: 2778
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, August 01, 2017 - 1:29 pm: |
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Speaker:
3M ante...endi annai???
3M stickies enaa???
nuvvu matram 300K kuda cheyav, for sure...
Pettesaa
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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 580
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 1:28 pm: |
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True, i think 3M is also possible - as long as you lever your income sources.
if you are aggressive and scaleable ( anni automate cheskuni cheste, not like overtrade and need to track daily ) over 30yrs as Kubang says could do so,may be.
Like someone said here, Costa Rica etc - foreign countries lo invest chese time ochindi. Like ADR or real estate or watever. Its time to go global...ikkada distressed Real Estate konna valu unnara - like foreclosure homes during recession or like Europe lo konadam etc..
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Gochi
Censor Bewarse
Username: Gochi
Post Number: 88522
Registered: 07-2004
Posted From: 159.53.110.140
| | Posted on Tuesday, August 01, 2017 - 1:27 pm: |
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Kubang:per year about $25k to $30k avuthundi local university lo (going from home). adi present, apply about 3 to 4% inflation to forecast your expenses for kids.
ok, so we are looking at around 100k for bachelors....Masters aithe inkoka 50k...Total 150k |
Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36609
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 1:26 pm: |
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Gochi:
gosba, naa level emi high kaadu. Probably I own the smallest less expensive home among people in this DB. most of the guys here have decent jobs and double income with spouses working. Home pay off chese time ki you guys will have peak income power (in your mid 40s). at that level oka 10 years gattiga save chesi, konchem solid investments chesthe it's not impossible to reach 2 to 3 million savings by 65. that's the beauty of compounding impact.
Ignorance is bliss
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Gochi
Censor Bewarse
Username: Gochi
Post Number: 88521
Registered: 07-2004
Posted From: 159.53.110.140
| | Posted on Tuesday, August 01, 2017 - 1:24 pm: |
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Speaker:3M stickies enaa???
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Sakkineni
Kurra Bewarse
Username: Sakkineni
Post Number: 2661
Registered: 04-2012
Posted From: 12.130.208.36
| | Posted on Tuesday, August 01, 2017 - 1:23 pm: |
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ippudu ee savings lo india nunchi vache aasthi, Ladies jewelry kooda lekkesthunara lekapothe adi vere lekka loki velthunda |
Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36608
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 1:23 pm: |
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Speaker:
three million. think about it in global level. India lo ippudu 20C ante evadikanna lekka vunda?
Ignorance is bliss
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Gochi
Censor Bewarse
Username: Gochi
Post Number: 88520
Registered: 07-2004
Posted From: 159.53.110.140
| | Posted on Tuesday, August 01, 2017 - 1:23 pm: |
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Kubang:ee own home kakunda, total portfolio (401k, other real estate, RSPs and whatever) about $3M vunte you can happily retire with no issues ya..
meeru chaala high number cheppinattu unnaaru, ofcourse mee standards ki idhi oka anukondi...around 1 Million daaka unte comfortable annaadu naa friend oka thellodu that is your home and other loans paid off...Retirement ante after 65 kadhaa...aa tharavatha inkennellu bathukuthaam bongulodhi...1 million kooda I am not sure how its possible...monthly entha pettaali pakkana to reach this level? |
Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 579
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 1:22 pm: |
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Kubang:
Ok saar.. not settled, ball park ga cheppanu ante
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Speaker
Kurra Bewarse
Username: Speaker
Post Number: 2499
Registered: 04-2017
Posted From: 66.46.216.118
| | Posted on Tuesday, August 01, 2017 - 1:22 pm: |
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Kubang:$3M vunte you can happily retire with no issues ya..
3M ante...endi annai???
3M stickies enaa???
Naa Maata, Nene Vinanu
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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 578
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 1:20 pm: |
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Ntr_rocks:
Naadi bezawada, family vallu plot teeskunte .. there was a discussion to just buy for senti sake. Amma cheppindi ani oorake 3 lacs pettanu.. adi ipudu 5lacs aindi ani cheptunaru.
looking back, it was not a well thought choice, but the best i made. 9yrs lo nenu trading lo loose chesindi ekkuva, and i was aggressively trading so as to explore .. but now i feel probably i over-did it. So next 5-10 yrs definitely want to make the most of the $ here ...
so any $ related plan/discussion .. i am intrested..
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Simha
Pilla Bewarse
Username: Simha
Post Number: 373
Registered: 01-2013
Posted From: 161.167.229.18
| | Posted on Tuesday, August 01, 2017 - 1:19 pm: |
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Ajaatasatru: Kubang is a big time veteran 30yrs industry
Old ID: KEDI
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Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36605
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 1:18 pm: |
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Ajaatasatru:kids settled etc
No.
Ignorance is bliss
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Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36604
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 1:17 pm: |
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Ajaatasatru:Kubang is talking about 30yrs industry experience..
mastaru I don't have 30 years industry exp. only 20 year exp. in investing (most of the early years was gambling in fact)
Ignorance is bliss
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Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 263
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Tuesday, August 01, 2017 - 1:15 pm: |
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Ajaatasatru:mana targets manavi.
bulls eye. 3M unte kani retire avvalem uante vanuku ochindi. |
Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 577
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 1:14 pm: |
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Wanderer:
Okadu salary cheppinanta matrana .. depress aipotama ?
for some 3M is good, for some 1M is good.. inkokadiki 200k kuda chalu retire avadaniki. All you need is set your target and scale down .. ante kada..
I guess Kubang is a big time veteran 30yrs industry + kids settled etc ante yes with discipline must have saved a tonne already..mana targets manavi..
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Ntr_rocks
Kurra Bewarse
Username: Ntr_rocks
Post Number: 2773
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, August 01, 2017 - 1:13 pm: |
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Ajaatasatru:only bought small piece of land gudem deggara
medi west godavari aa ?
Pettesaa
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Ntr_rocks
Kurra Bewarse
Username: Ntr_rocks
Post Number: 2772
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, August 01, 2017 - 1:12 pm: |
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Ajaatasatru:even if we take 1M, 100k gross ante take home around 70k unte, it would take around 15 yrs.
Uncle, 70K lo entha kanjoos ga vunna CA,NY lanti states lo 35K egurutayi, TN, KY lanti states lo 25K egurutayi...
Pettesaa
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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 576
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 1:11 pm: |
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Ok i have few more posts, that i missed while postings.
As i think more about it, uttine Stocks meeda idi ayye pane kadu. Kubang is talking about 30yrs industry experience.. i have 9 at India, only bought small piece of land gudem deggara. Dont have any savings, so want to aggressively pursue $ while in US, make a strict plan...
daniki todu study loan undi ippudu..
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 262
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Tuesday, August 01, 2017 - 1:10 pm: |
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entidi.. depression loki netteddam ani decide aipoyara? 3M savings ante |
Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 575
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 1:08 pm: |
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Musicfan:
anduke asking Avg US Age
3M was ballpark by Kubang, even if we take 1M, 100k gross ante take home around 70k unte, it would take around 15 yrs.
DB lo anta experienced ppl unnara ani ? this is still excluding Inflation etc, we should be taking Savings and not Take home. EE lekkana asalu 1M e impossible task laga undi kada asalu..
so wanted to get sense of DB experience levels, etc. Ofcourse chala mandi 150k+ range lo unaremo that brings down our Experience estimate by 40% atleast..
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36599
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 1:08 pm: |
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Ntr_rocks:
I am serious. Its not impossible if you are careful with the savings and shrewd investments over 30 year working life. It takes lot of discipline though.
Ignorance is bliss
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Ntr_rocks
Kurra Bewarse
Username: Ntr_rocks
Post Number: 2770
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, August 01, 2017 - 1:04 pm: |
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Kubang:nee own home kakunda, total portfolio (401k, other real estate, RSPs and whatever) about $3M vunte you can happily retire with no issues ya.
3M aa...
Pettesaa
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Sakkineni
Kurra Bewarse
Username: Sakkineni
Post Number: 2659
Registered: 04-2012
Posted From: 12.130.208.36
| | Posted on Tuesday, August 01, 2017 - 1:02 pm: |
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Mana patel sodarulu laaga plan cheyandi meeru kooda.
Costarica and few other countries lo villas kontaru, which are high end in those countries and they are on par with american small town standards. Medical kooda baguntundi anta. Snow/Extreme badha asalake vundadu.
IF you becom USC SS benefits if we get any we can get it no matter which country we stay in |
Sakkineni
Kurra Bewarse
Username: Sakkineni
Post Number: 2658
Registered: 04-2012
Posted From: 12.130.208.36
| | Posted on Tuesday, August 01, 2017 - 1:00 pm: |
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Gochi:other than Social Security benefits
idi lite teesukovacu next generation nunchi. almost bankrupt stage lo vundi idi |
Musicfan
Bewarse Legend
Username: Musicfan
Post Number: 63753
Registered: 05-2004
Posted From: 134.244.29.2
| | Posted on Tuesday, August 01, 2017 - 12:45 pm: |
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Ajaatasatru:so on avg so called 3M$ or watever target ki reach avalante enta time padutundi chustanu
100k income eskonna 3 million income ravataniki 30 yrs industry avutundi.. Inka savings 3 Million ante banks ki kannam eyyali, lekapote 3-4 jobs cheyyali..
#Fidaa Audio Review
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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 574
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 12:41 pm: |
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ee DB lo public, what is the avg experience in the US ?
i came in late, so on avg so called 3M$ or watever target ki reach avalante enta time padutundi chustanu .. based on that need to lever the earning power
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36596
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 12:36 pm: |
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Gochi:assuming its a decent State University
naa close friend Boston lo vunnadu okadu, aadu cheppina daani prakaram per year about $25k to $30k avuthundi local university lo (going from home). adi present, apply about 3 to 4% inflation to forecast your expenses for kids.
Ignorance is bliss
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Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36595
Registered: 09-2011
Posted From: 161.141.1.1
| | Posted on Tuesday, August 01, 2017 - 12:35 pm: |
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Gochi:
nee own home kakunda, total portfolio (401k, other real estate, RSPs and whatever) about $3M vunte you can happily retire with no issues ya..
Ignorance is bliss
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Nalla_baalu
Censor Bewarse
Username: Nalla_baalu
Post Number: 125618
Registered: 06-2011
Posted From: 204.194.77.3
| | Posted on Tuesday, August 01, 2017 - 12:23 pm: |
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PD annai maa wife ki Qlik tuition seppochu kada .... business analyst anta thanu ...em udyogaalu raavu ani cheppa
Aug 11th 2011 weight -- 84 kg; Aug 11th 2012 weight -- 88 kg; Aug 11th 2013 weight -- 80 kg; July 2015 -- 90 kilos (5'10")
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Proofdada
Bewarse Legend
Username: Proofdada
Post Number: 150676
Registered: 03-2004
Posted From: 205.145.107.50
| | Posted on Tuesday, August 01, 2017 - 12:21 pm: |
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Gochi:
kaneesam EAD vunnodu kooda nee antha flanning seyyademoo goss bha... |
Gochi
Censor Bewarse
Username: Gochi
Post Number: 88519
Registered: 07-2004
Posted From: 159.53.110.140
| | Posted on Tuesday, August 01, 2017 - 12:20 pm: |
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ante thavaralo 40's loki enter avuthunnaam kadhaa..kaneesam next few years anna konchem saving cheddhaamani |
Nalla_baalu
Censor Bewarse
Username: Nalla_baalu
Post Number: 125616
Registered: 06-2011
Posted From: 204.194.77.3
| | Posted on Tuesday, August 01, 2017 - 12:18 pm: |
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love stories nundi retirement plan .... what a change over gosankul
Aug 11th 2011 weight -- 84 kg; Aug 11th 2012 weight -- 88 kg; Aug 11th 2013 weight -- 80 kg; July 2015 -- 90 kilos (5'10")
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Gochi
Censor Bewarse
Username: Gochi
Post Number: 88518
Registered: 07-2004
Posted From: 159.53.46.142
| | Posted on Tuesday, August 01, 2017 - 12:16 pm: |
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itu randi...
retirement time ki manaki 401k enthundaali approximate gaa to lead a comfortable life in a small town (assuming we are not getting any additional pension from our jobs other than Social Security benefits)...
alaane pillala education ki(for college), approximate gaa entha kharchavuthundi per kid...assuming its a decent State University & not a private college...
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Archives - 2017