So, all of a sudden a conversation started up yesterday in the #gentoo-dev channel about bank accounts, retirement accounts, 401(k)’s, and just general finance. And you thought all we did was talk about portage, didn’t you?<\/p>\n
Anyway, our two financial experts, Doug\/Cardoe<\/a> and John\/AllanonJL<\/a> were there to dispense their advice. Food for thought, really. There’s a side of me that thinks “Oh, I’ll be active and working for decades to come. I have so many dreams in the works.” Then, something happens to someone close to you<\/a> and you’re reminded that all this could halt just like that.<\/p>\n And now that makes me think of what will happen to those I love in the unlikely event of a water landing. Their lives shouldn’t have to undergo any immediate financial changes. So I’ve been giving a lot of thought to the concept of finances and saving and investing. I’ve started (recently) taking steps: I’m signing up for the 401(k) plan at my new job<\/a>; I’ve attached an Orange Savings<\/a> to my account. I’ll get to putting to practise some of the advice I got last night in the channel: get a Roth retirement account; get higher yields on money in the bank already. Maybe someday I’ll even invest! Actually, I’m going to be vesting my stock options at my last job<\/a>.<\/p>\n And the Gentoo connection to all this? (Courtesy of Mike\/LoReZ<\/a>, partly). Whatever information I have that is uniquely with me should not remain so. Copies of it should reside with at least one other person. Luckily, this is a very limited amount of stuff — it pertains to the Foundation and the legal aspects of setting it all up. All this justifies even more my desire to have Renat<\/a> be up to date on the same information. I also will bring up that the foundation’s banking information also reside with at least one other person. The same is true for contacts etc we all have.<\/p>\n This may be a little depressing sounding, I suppose (though I’m not depressed, I’m just feeling practical\/pragmatic).<\/p>\n I’m always open to hearing people’s thoughts on this subject, so lay it on me, people.<\/p>\n","protected":false},"excerpt":{"rendered":" So, all of a sudden a conversation started up yesterday in the #gentoo-dev channel about bank accounts, retirement accounts, 401(k)’s, and just general finance. And you thought all we did was talk about portage, didn’t you? Anyway, our two financial experts, Doug\/Cardoe and John\/AllanonJL were there to dispense their advice. Food for thought, really. There’s … Continue reading Gentoo\/Money<\/span><\/a><\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blogs.gentoo.org\/seemant\/wp-json\/wp\/v2\/posts\/63"}],"collection":[{"href":"https:\/\/blogs.gentoo.org\/seemant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.gentoo.org\/seemant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.gentoo.org\/seemant\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.gentoo.org\/seemant\/wp-json\/wp\/v2\/comments?post=63"}],"version-history":[{"count":0,"href":"https:\/\/blogs.gentoo.org\/seemant\/wp-json\/wp\/v2\/posts\/63\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.gentoo.org\/seemant\/wp-json\/wp\/v2\/media?parent=63"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.gentoo.org\/seemant\/wp-json\/wp\/v2\/categories?post=63"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.gentoo.org\/seemant\/wp-json\/wp\/v2\/tags?post=63"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}