He worked for at least another decade, well past the Great Recession. Eventually, he retired, but I’d guess that he saved much more than the $200k goal he declared in 2000. There’s nothing wrong with modifying goals. We should all keep an open mind about the goals we pursue. Data-...
This calculator combines the retirement projections based on historical stock/bond returns with your longevity probability to give you a better sense of whether you are likely to outlive your money. https://engaging-data.com/will-money-last-retire-early/ Planning for a very long retirement is ...
Run your investments through Empower's Investment Checkup tool to see exactly how much you are paying in fees. After you link all your accounts, use their Retirement Planning calculator. It pulls your real data to give you as pure an estimation of your financial future as possible. What you...
but the fact is, you'll be financially independent in 10 years because 3% of $515K is $15,450 in spendable income. This would be $1,000 per year greater than what you had been living on.
But in 8 years, our house will be paid off, the 14-year old will be done college and I project we’ll have $200k saved in 529s for the last child to go to college….retirement here we come! I have similar strategies: –we max out on our HSA through my husband and don’t touc...
ve considered trying to retire at my sales job and focus on investing our 550k in cash into leveraged real estate. Figure if I can buy 13 200k homes with 20% down Loans at today’s stupid low rates I’d hope to net $500 on each 13×500= 78k a year plus our existing rental ...