Category: Uncategorized

steve-the-duck:

hungwy:

hungwy:

No joke if youre a young American with a job go open up a Roth IRA and start saving money

My first day of classes, my professor doesn’t even hand us a syllabus. He begins instantly talking about retirement accounts. We were all a bunch of history-loving college kids who probably wanted to go into academia and we were the perfect audience for such a talk. He specifically told us to open a Roth IRA. We were young, low income, and probably all unmarried.

A Roth Individual Retirement Account (Roth IRA) is meant to hold post-tax income and accrue interest tax-free. It’s meant for young lower-income workers looking to invest early and its most effective when done then – Anyone who has made income from a job can open one (which includes child actors apparently). Roth IRAs have eligibility requirements. if you are single or the sole head of your household and your Modified Adjusted Gross Income (google that) is less than $120,000, you can put in the maximum of $5,500 a year (although you cannot contribute more than you earn if you make money below $5.5k). Married couples and old people have slightly different requirements and outcomes.

This is an example they give on the Roth IRA website (https://www.rothira.com/what-is-a-roth-ira):

“… if a 20-year-old puts $5,000 a year into a Roth for 10 years and then stops contributing, … the 10 years of Roth contributions and growth – let’s say about 8% interest a year to age 65 – could total about $1,070,944 tax-free dollars [for retirement].”

I’d read more about it to see if youre eligible and if itd right for you but pretty much any high school and college student with a job will benefit from one. If you think you’ll need money later in life after retirement, you need to open one of these.

It’s also worth noting that in order to comfortably retire it’s recommended that you contribute at least 10% of your income and try to begin by age 20.

Many workplaces (even shitty retail jobs if you jump through enough hoops) will match your 401k contributions. My workplace (a factory), for example matches 100% for the first percent and 50% for the next 5%, meaning by contributing 6% of every check, my employer will contribute a total of 3.5% of what I make, but out of their own pocket. Make sure to find out about and take advantage of any such program you can find

missanthropicprinciple:

missanthropicprinciple:

Newton just looks so wounded here. I mean, we’ve all discussed this before but I have to bring it up again. Hermann’s basically just shot him down by saying Newton wants to drift with the kaiju so he can justify being obsessed with these monsters. And I feel that this moment may be a deciding factor in Newton leaving Hermann the message on his audio recorder. It’s bad enough for him that Pentecost and Hansen reject his objective to drift with the kaiju brain but Hermann’s opinion means so much to him. Aside from the fact that he is sure his theory is correct, Newton has to prove Hermann wrong and himself right to earn Hermann’s approval and admiration. It looks like he is lost without Hermann’s respect. 

    #pacific rim   #THANK YOU   #never forget – charlie day is an acting MONSTER for making this face bc this is a REALLY serious moment   #remember we know for fact now from that recent interview with GDT that CD had to play newt with the utmost seriousness for most of the film   #that’s because this is FAR from a light moment at all nothing about newt’s storyline actually /is/   #(see- the tags i wrote the other day on the scene following this one)   #newt’s fucking broken hearted here and he tries to play it off with a joke a brag about being brave but this face gives him away   #i’m sorry hermann can’t read newt to save his life that he didn’t realize what was going on with newt under the surface   #(newt has the same problem – he doesn’t realize hermann’s you’ll kill yourself is his way of saying ‘/please/ don’t kill yourself’)   #this whole sideplot is awful its about a mentally ill man cracking under pressure and I always wondered if ppl understood the severity of it   #this is the face of a man who just decided he’s OK with possibly committing suicide in the name of science   #(which newt would SAY is in the name of being right & proving hermann wrong and newt’s a rock start so this is all ok but no   #it’s because he doesn’t care AT ALL if the people in charge like his plan – he hates authority – he cares if HERMANN likes it   #(remember an era more than a decade ago where the only human being newt ever met who was smarter than him   #who newt was totally swept away by probably filled his email inbox with praise and collaboration over newt’s ideas   #another german wunderkind – another person newt’s age who loves science and wants to study the kaiju and understands NEWT   #that this guy was probably super supportive of newt’s stuff like newt was of his theories and work   #(and newt probably fell in love hard and fast because who wouldn’t)   #but everything’s just gone downhill over the years and this is where it bottoms out   #FUCK THE HATERS this is why I love newt so much i love him for being a problematic mentally ill asshole who fucks things up   #he’s so confusing childish and abrasive (he doesn’t even respect hermann’s work so ???   #does he not see how that’s a factor in the mutual disrespect? NO HE DOESN’T. AT ALL. SEE THAT.)   #yet wow…wow…this face. the only person whose respect matters to him he can’t obtain so like if everyone’s gonna be dead soon   #does it really /matter/ what he does at this rate? Might as well go out making a point trying to be right & get the last word   #(And also make a few subtextual points too in that tape recording)   #(that I’m sure he thought hermann would never pick up on the implications of)   #(and I’m sure hermann /did/ when he had time to listen to it & then devise the plan to drift with newt as well)   #(because i guess according to hermann what better way to show you loved someone all along than to follow them to the ends of the earth?)   #BUT FOR NOW EVERYTHING IS PAIN AND EVERYTHING IS THIS FACE 

Your tags made my day. Thank you: tacticalomission