verygoodthings
Dryer sheet aficionado
- Joined
- Feb 4, 2011
- Messages
- 34
I came to this forum to continue my education on money management and associate with people with similar goals and outlook.
I am 29 years old.
-401k balance 65k
-Wife has no 401k
-I currently earn $35,000 part time
-Wife currently earns $40,000 full time
-Non tax advantaged portfolio of $5,150,000
I just exited from my career, so my earnings have only recently fallen to where they are.
My 2009 spending was around $235,000
My 2010 spending was around $200,000 (2nd half 2010 was $80,000, as I began implementing some better spending habits)
I would like to get my 2011 and 2012 spending much lower (~100k ideally).
2011 may be a difficult year to pull this off as I am aiming to downsize into a different home and there will be extra cost going into that, while I cover both mortgages, plus moving expenses and such. By 2012 I am trying to set myself into a situation where I can live on around 100k (after tax dollars).
My investing style is largely passive indexing. My target allocations are 75% equity, 25% bond.
My goals in life are living a healthy lifestyle, having a lifestyle not built around material possessions, finding and learning new things every year, and contributing to charitable causes (Both financially and physically).
I am 29 years old.
-401k balance 65k
-Wife has no 401k
-I currently earn $35,000 part time
-Wife currently earns $40,000 full time
-Non tax advantaged portfolio of $5,150,000
I just exited from my career, so my earnings have only recently fallen to where they are.
My 2009 spending was around $235,000
My 2010 spending was around $200,000 (2nd half 2010 was $80,000, as I began implementing some better spending habits)
I would like to get my 2011 and 2012 spending much lower (~100k ideally).
2011 may be a difficult year to pull this off as I am aiming to downsize into a different home and there will be extra cost going into that, while I cover both mortgages, plus moving expenses and such. By 2012 I am trying to set myself into a situation where I can live on around 100k (after tax dollars).
My investing style is largely passive indexing. My target allocations are 75% equity, 25% bond.
My goals in life are living a healthy lifestyle, having a lifestyle not built around material possessions, finding and learning new things every year, and contributing to charitable causes (Both financially and physically).