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Old 12-19-2023, 08:53 PM   #13554
EPodolak EPodolak is offline
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Join Date: Dec 2003
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Quote:
Originally Posted by Shag View Post
This is awesome, thanks! I'm single, so just trying to get myself to retirement, find a sugar mama, or both. Or buy a place in Tahoe, whichever comes first.

I max out my 401k every year, but that does bring up another option I've been considering - mega backdoor roth IRA. This is an option through my employer, and seems like an awesome loophole for tax-free growth to retirement. I think the max is like 66k/yr (including traditional 401k), and trying to figure out if it makes sense when I'm at my highest tax burden. Anyone doing this?

The VOO/VUG thing is kind of what I had in mind. I threw some money into VTI a couple years ago, which was supposed to be a nice growth ETF, but it's been entirely flat. I'll look into those two a bit.
There are quite a few good Vanguard ETF options. VTI is the one I'm invested in. Remember if you've only been in it a couple of years your results will consist of one good investing year and one bad one. The market for just about every leading ETF will look flat for that short window. Both VTI and VOO have returned 14-15% average the past five years. Can't really go too far wrong with either.
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