Thread regarding Dell Inc. layoffs

How is your 401K doing?

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| 2063 views | | 11 replies (last July 2) | Reply
Post ID: @OP+1jyzxj0xz

11 replies (most recent on top)

@n3
Got literally the cheapest 2 bedroom house I could find that was a reasonable distance from tbe office. The house payment is on par with what many in the area are paying for rent. But thanks for your concern.

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Post ID: @nj+1jyzxj0xz

@hz If your house payment is 45% of your income you bought a house that you cannot afford.

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Post ID: @n3+1jyzxj0xz

@hv
And the money to do this comes from where? Just my house payment is 45% of my paycheck 20% taxes, sky high heath insurance premiums, and 3 mouths to feed leaves room for about 3% of my pay ($1650 per year) to go to 401k.

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Post ID: @hz+1jyzxj0xz

Just max it out, take the $7500 match and 30% return, add the backdoor IRA and it doesn't get any easier to make a bunch of money

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Post ID: @hv+1jyzxj0xz

People on here just hate on us Boomers - and I understand why. I do not blame any of you for the way that you feel. Maybe we are all just dinosaurs that were breaking rocks into arrowheads. But the old days at Dell were good and the 401K was magical. If it isn't that way for you now, forget about quiet quitting, y'all need to go find that magic. You are all smart and talented, go find a place that values you for what you can do and you will make your future bo-m.

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Post ID: @hq+1jyzxj0xz

6% matching lol

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Post ID: @ds+1jyzxj0xz

Giving me a 30% rate of return, but I am still on track to retire at 70.

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Post ID: @bz+1jyzxj0xz

The 401k with 6% cash matching is the only decent benefit Dell offers.

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Post ID: @bw+1jyzxj0xz

who cares. unless you are 55+, you shouldn’t even be looking at it unless it’s to make tweaks to your holdings

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Post ID: @bt+1jyzxj0xz

Very well. Thank you.

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Post ID: @b6+1jyzxj0xz

Good, yours?

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Post ID: @b4+1jyzxj0xz

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