What is your retirement number?
How much in assets would you need to retire today? My number is 4m that would give ~200k at 5% returns a year. We could live anywhere and put our kids through college down the road without taking too much out of the principal amount.
16M. I want to live large in retirement, I also think that it would be a huge mistake to retire early given the instability our world faces.
4M is what I’m aiming for too. I’m a little over half way there. How old are you now and what age are you hoping to reach your number?
The better question is how old are you and whats your TC/YoE? :)
Turning 40 this week. Currently if I liquidated all my assets I would be at around 1.3-1.4m. Hoping to reach close to that number to by 50-55. TC 325k.
How do you plan to get consistent 5% returns? What about tax and inflation?
1M for me but I’m in LCOL area
2.5M with paid off home
How much does a couple need with a paid off home to be able to retire at 55?
Depends on your spending and healthcare costs and where you live
1M not including home equity, no debt and a relo to a LCOL area.
1.7m for a family with 2 kids and I will be done
Does this factor college tuition payments?
5M liquid with no debts. I'm going with a 3% return on T Bonds. Above number does not include assets.
This is a lot liquid — how are you doing on that path?
Why going with treasury bonds , why not other vehicles like muni, corporate bonds or other savings bonds , which have tax advantages ?
What about inflation
Let’s just assume the inflated equivalent of the numbers here