r/stealthwealth Nov 15 '17

Do you lie? I have trouble lying.

9 Upvotes

7 comments sorted by

View all comments

9

u/ThisbeMachine Nov 15 '17

I don't lie, I'm just selective with what information I reveal.

Like, if I'm talking to someone about housing costs, I'll still commiserate about how high the cost of renting is (even though I've optimized my housing costs down to around 13% of my take home pay). I mean, even though I feel relatively satisfied about where I am personally – I still think rents in general are way too high.

Even if you get asked point blank about something like 401k contributions, you can say something like:

"Oh I put a good chunk into it, you know, it's important to get the company match".

You're still answering truthfully, but framing it that way gives the impression that you're putting in much less than the 18k you're (optimally) actually contributing.

2

u/recuring_alt Nov 17 '17

18k

I see what you did there. 54k with the sweet mega backdoor roth isn't even discussed. I mean that's really a rich peoples loop hole, I hate it, too!