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There comes a point in every wagecuck’s life when quitting is the right $$ mov
| luke the drifter | 06/11/26 |
| Cletus Van Damme | 06/11/26 |
| luke the drifter | 06/11/26 |
| Cletus Van Damme | 06/11/26 |
| Roblox | 06/11/26 |
| luke the drifter | 06/11/26 |
| Cletus Van Damme | 06/11/26 |
| luke the drifter | 06/11/26 |
| icanseemyneurons | 06/11/26 |
| luke the drifter | 06/11/26 |
| icanseemyneurons | 06/11/26 |
| luke the drifter | 06/11/26 |
| Fucking Fuckface | 06/11/26 |
Poast new message in this thread
Date: June 11th, 2026 12:15 AM Author: luke the drifter (definite and ineradicable gauge of its upward moving) And for me, I think that time is about now. Spend the next 25 years spending down and converting traditional IRAs, inherited IRAs, 401s(a) and (k), 457s(b), taxable brokerage, and alternatives down until 70, and then living off of pension + SS and leaving the Roth money for the kids as a legacy. Reducing wage income now lets me avoid way more in tax, so much so that I wind up ahead of where I would be if I continued to work my crappy job. Part of this is based on the market going up and to the right over the next 50 years, but another part is that I just don’t make that much money in the grand scheme of things. |
Date: June 11th, 2026 12:15 AM Author: Cletus Van Damme that age is like 24 after spending two years at your first real "job" (http://www.autoadmit.com/thread.php?thread_id=5873044&forum_id=2Reputation#49929726) |
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Date: June 11th, 2026 12:17 AM Author: luke the drifter (definite and ineradicable gauge of its upward moving) I have never made millions at my first job, or any job for that matter. Also on 2-years of work history would leave you without a Social Security benefit unless your wife works, at which point you’d be more of her dependent than the other way around. |
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Date: June 11th, 2026 12:26 AM Author: Cletus Van Damme arent you like 200lbs overweight (http://www.autoadmit.com/thread.php?thread_id=5873044&forum_id=2Reputation#49929734) |
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Date: June 11th, 2026 12:27 AM Author: Roblox (http://www.autoadmit.com/thread.php?thread_id=5873044&forum_id=2Reputation#49929736) |
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Date: June 11th, 2026 12:28 AM Author: luke the drifter (definite and ineradicable gauge of its upward moving) Yes something like that. (http://www.autoadmit.com/thread.php?thread_id=5873044&forum_id=2Reputation#49929737) |
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Date: June 11th, 2026 12:28 AM Author: Cletus Van Damme focus on that then (http://www.autoadmit.com/thread.php?thread_id=5873044&forum_id=2Reputation#49929738) |
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Date: June 11th, 2026 12:29 AM Author: luke the drifter (definite and ineradicable gauge of its upward moving) Great point. In my case I should quit to focus on my physical and emotional health as well. Both are red lining at the moment. (http://www.autoadmit.com/thread.php?thread_id=5873044&forum_id=2Reputation#49929739) |
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Date: June 11th, 2026 12:22 AM Author: icanseemyneurons i think the stock market always goes to the right, so you're halfway there (http://www.autoadmit.com/thread.php?thread_id=5873044&forum_id=2Reputation#49929733) |
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Date: June 11th, 2026 12:27 AM Author: luke the drifter (definite and ineradicable gauge of its upward moving) Wages are horrifically tax inefficient. Once you realize this and there’s enough of a corpus to manage, that becomes a lucrative full time “job” equal to or greater than slaving away on a W2. If your W2 is with a great company and is super lucrative, maybe less so. If you own your own firm and that’s an asset that keeps on giving maybe you need to stay in the saddle. I’m just saying in my shoes, my options are so shitty, I wind up richer by quitting my job to tax plan out the next 25 years than I do by working them. (http://www.autoadmit.com/thread.php?thread_id=5873044&forum_id=2Reputation#49929735) |
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Date: June 11th, 2026 12:31 AM Author: icanseemyneurons Assuming you make $200k, you're saying you can make whatever that is net by day trading and finding tax loopholes every year for the next 20 years? (http://www.autoadmit.com/thread.php?thread_id=5873044&forum_id=2Reputation#49929740) |
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Date: June 11th, 2026 12:35 AM Author: luke the drifter (definite and ineradicable gauge of its upward moving) No. I’m saying that if I stop working now and start spending and converting money already saved for retirement, I spend that money down to avoid RMDs at 75, and thus avoid paying substantial tax in the future. The value of those future tax savings will exceed whatever I would get to keep of my wages assuming I keep working and lose these last years to finish using up or converting my tax deferred dollars. (http://www.autoadmit.com/thread.php?thread_id=5873044&forum_id=2Reputation#49929747) |
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Date: June 11th, 2026 12:45 AM Author: Fucking Fuckface This is one of your best ideas. You should do it. You'll also get the unintended benefit of having more time to think about the great sex your wife is having with other men (http://www.autoadmit.com/thread.php?thread_id=5873044&forum_id=2Reputation#49929751) |