For privacy and security, It’s better to speak in percentages here unless there’s a specific reason for dollar amounts.Hello BH's,
We have no issues investing and are committed, I do constantly feel like I am evaluating where my money is.
Can you please share if you are willing the following and if you are adjusting to make any changes?
Age:
NW:
Target Retirement Income:
Assets In Pre Tax (Traditional):
Assets In Roth:
Assets In Taxable:
Personal Residence Home Equity:
Our Information To Start.
Age: 33
NW: $1.6M
Target Retirement Income:$250k/Year
Assets In Pre Tax (Traditional): $585K
Assets In Roth: $217K
Assets In Taxable: $507K
Personal Residence Home Equity: $251K
Cash: $40K
Actionable advice I would like to see how others have adjusted along the way (contributed more to a certain bucket) then another based on your goals and having money in various buckets for later.![:sharebeer]( "celebrate")
Felt strong about getting money outside of tax advantaged so went heavy on that the last couple years. Now outside of the above we are early funding 529 and I am thinking we should go back to loading retirement accounts. I wanted us to have a 10 year run way outside of tax advantaged accounts so we wouldn't keep working one more year in our 50's.
In theory what we have invested in taxable should double "hopefully" twice giving $2M in that bucket to early retire.
Goal is to either retire or no corporate jobs in our 50's so we have flexibility over our schedule when our kids go to college.
Statistics: Posted by tetractys — Tue Dec 12, 2023 11:14 pm — Replies 7 — Views 882
