I want to retire at 55 with all cash nest egg of $3.5 to $4M. Desired location: California Next choice: Florida What's your plan?
Probably around 3mm nw is fine for me, donโt need all cash
4M is not gonna be enough unless you are retiring soon. For 20 year olds, a house in the bay will be 10M by the time they retire.
With 4M I'll be off to Costa Rica. Why California or Florida?
Did you know you have to leave Costa Rica every 90 days?
Cash won't grow like a decent stock portfolio. Plus the right stocks will throw off more cash.
@google, I hope to payoff the house I live in by age 55.
Plan: Retire with 5M by 40 Location: South Bay, California
How much you saving or investing a month?
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BTW, I have never had a windfall of any sort. Just regular comp.