mtpisgah
Dryer sheet wannabe
I am 47 and my wife is 49. We make a combined $180k. We owe $118k on the house with 26 years to go, but plan on paying it off in seven, $280k in equity. We have about $500k in non taxable accounts and $50k in taxable savings.
My wife can retire at 60 and will have her university retirement plan and as of now, be able to stay on their insurance policy with no increase in payment. I will have to got to the open market for insurance. She is recovering from breast cancer which is going to be the biggest question mark moving forward. It should be done but you never know.
While working we take one European and one US trip per year. Once we retire, we hope to travel more, around the US and abroad.
We do not have kids and will keep it that way at our age, so we only have to take care of ourselves. We should inherit a bit from our parents but are not planning on it, it will just be icing on the cake if it happens.
We tried the investment professional, both fee per purchase and percentage of wealth, but have not been happy with them. We do ok with me half way managing the money but I admit I need to do better.
My wife can retire at 60 and will have her university retirement plan and as of now, be able to stay on their insurance policy with no increase in payment. I will have to got to the open market for insurance. She is recovering from breast cancer which is going to be the biggest question mark moving forward. It should be done but you never know.
While working we take one European and one US trip per year. Once we retire, we hope to travel more, around the US and abroad.
We do not have kids and will keep it that way at our age, so we only have to take care of ourselves. We should inherit a bit from our parents but are not planning on it, it will just be icing on the cake if it happens.
We tried the investment professional, both fee per purchase and percentage of wealth, but have not been happy with them. We do ok with me half way managing the money but I admit I need to do better.