/biz/ - Business & Finance

No, because I'm 33 and $14K in debt. I am the retard.

>>54751227
transfer your 401k into itrust and put it into crypto. then transfer from itrust into your hardware wallet.

>>54751227
The money you put into a 401k goes to blackrock, most likely, which they use to bully companies on the stock market to force climate change and diversity woke shit in all these companies. It’s called ESG, or Environmental Social Governance score; ie., your company’s social credit score for receiving all that boomer 401k investment money.

The best thing you can do for humanity, and for yourself, is to take all your money from your 401k (which you can do if you leave your employer), pay whatever taxes and fees you must, and put whatever is left into a Roth IRA, so that you can control what your money is invested into and you don’t have to pay taxes on your earnings when you retire, since you’ll inevitably be in a higher tax bracket by then due to inflation alone.

To answer your question though, yes.

I'm 29 and just going to uni now

>>54751297
He thinks he doesnt have to pay taxes for a roth ira

What should I do with my life lads

>>54751424
Study machine learning and help us build based alternatives to Jewish AI

>>54751487
Jewish AI is literally the best things Jews have done

Wait a minute are 401ks actually not based? Please give it to me straight lads. I don't think I have one but my wife does.

>>54751535

You're just providing exit liquidity for boomers.

>>54751562
Is the implication that the 401k model won't exist by the time she retires? I think she's less of a Bobo than me and doesn't into finance as much as me. She does have about 10k in BTC though.

>>54751373
You don’t pay taxes on withdrawals on earnings after you’ve had the account for 5 years and are at least 59 and a half years old. You also can withdraw your contributions at any time. Clearly, you don’t know anything, as would be the assumption from your pepe buffoonery. The only taxes you pay are the normal income taxes that you already pay on all of your money.

>>54751535
>>54751577
Your wife has 1/3 of a Bitcoin and your better at finance, but you don't know if you have a 401k?

>>54751628
I don't know why this was classed as spam lmao

>>54751577
If she has a third of a Bitcoin and you don't have any she's smarter than you in every conceivable measurement.

>>54751680
Flippant is a very arrogant word. We get it loser, you read books. Dumbshit faggot douchebag

>>54751693
I've got more BTC than her anon, I invest about $1k every week.
>>54751766
Bro I've read three books in my entire life, maybe you just have poor English comprehension.

>>54751227
I was in a similar position and it turns out I'm just maladjusted.

>>54751227
Yeah. I turn 30 in 2 months and have ~$650,000 NW and I feel like a failure for it.

>>54751244
Are you me?