Comments on: 2021 Money Goals: Mid-Year Review/Revise/Remove! https://eliteedgemoney.com/2021-money-goals-mid-year-review-revise-remove/ Money | Minimalism | Mohawks Fri, 10 Sep 2021 15:07:02 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Joel https://eliteedgemoney.com/2021-money-goals-mid-year-review-revise-remove/#comment-336217 Fri, 10 Sep 2021 15:07:02 +0000 https://staging.eliteedgemoney.com/?p=63968#comment-336217 In reply to Olaf, the Mile High Finance Guy.

Good to know. Yeah, I think solo Roth is the way to go, but I’ll probably wait on any contributions until the end of the year just to see what happens over the next few months. Happy Friday Olaf!

]]> By: Olaf, the Mile High Finance Guy https://eliteedgemoney.com/2021-money-goals-mid-year-review-revise-remove/#comment-336214 Fri, 10 Sep 2021 14:37:41 +0000 https://staging.eliteedgemoney.com/?p=63968#comment-336214 You beat me to the punch, I was going to ask you if you planned to open a Solo K! If you don’t do backdoor Roth conversions, you can also fund a SEP-IRA, but it will share the same $58,000 overall limit.

Good luck with the adoption process, that is awesome to hear!

]]> By: Joel https://eliteedgemoney.com/2021-money-goals-mid-year-review-revise-remove/#comment-336206 Fri, 10 Sep 2021 13:05:26 +0000 https://staging.eliteedgemoney.com/?p=63968#comment-336206 In reply to Liz.

Nice work Liz. Even just doing the “standard” money ones puts you waaay ahead financially. Good stuff!

]]> By: Joel https://eliteedgemoney.com/2021-money-goals-mid-year-review-revise-remove/#comment-336205 Fri, 10 Sep 2021 13:02:10 +0000 https://staging.eliteedgemoney.com/?p=63968#comment-336205 In reply to Financial Samurai.

Thanks Sam! Our social worker is trying to find us a sibling set right now that matches our criteria. It’s exciting, but i’m still shitting my pants a bit!

Cool – Didn’t know you did the Big Brother/Big Sister program. I’ve applied here in LA but since the pandemic they’ve stopped their regular initiation events. Hopefully they’ll start it all back up soon.

]]> By: Liz https://eliteedgemoney.com/2021-money-goals-mid-year-review-revise-remove/#comment-336194 Fri, 10 Sep 2021 11:37:00 +0000 https://staging.eliteedgemoney.com/?p=63968#comment-336194 Great job on taking a look to revise some of the goals. At the beginning of the year there’s often so much we can’t predict, like your 401k going away. Thus the shift to open a solo 401k. I’ve had some goals that I was too ambitious when I set. Or work goals that really require other people or departments, that we had to list, but were partly beyond my control.
I was so burnt out from work, I didn’t set specific goals, but stuck to some standards, like Roth contribution, 401k, HSA, and then I also moved some emergency cash to stocks.

Wishing you all the best with the kegerator!!

]]> By: Financial Samurai https://eliteedgemoney.com/2021-money-goals-mid-year-review-revise-remove/#comment-336154 Fri, 10 Sep 2021 05:49:13 +0000 https://staging.eliteedgemoney.com/?p=63968#comment-336154 I’m excited to hear you guys are fostering a kid! Keep us up-to-date on the process, as I think there are around 100,000 kids who need foster homes.

I volunteered as a foster home big brother for a couple years and it was a great experience.

Sam

Oops, typo on previous comment. Pls delete

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