I've been following the forums for a while and decided to throw out my first post. I can't remember if there is standard criteria or what haha but anyways.
29 years old and am about to finish up my active duty military career. I was debating staying in for 20 but landed a decent corporate job in banking recently so figured I'm going to take a stab at it.
Current Assets:
130k personal brokerage all in equities
40k in TSP- think I'm just going to leave it alone and start a new 401k with new employer and contribute at least match amount and hopefully max it every year.
20k Roth IRA
20k Cash
210k Total net worth.
Small 1/1 condo which I owe 49k on. Basically even cash flow and I have 14 years left on the note. I might sell it in 4 years given I'll only owe about 35k and believe I can sell it for 70 or so as the RE continues to recover but we'll see. 3.25% interest rate so that's not bad plus it's a tax shelter to a certain extent but dealing with tenants is a pain vs liquid securities as I've learned over the last few years.
Anyways, I appreciate this forum and all the words of wisdom. My target retirement age is 45 years old.
I am considering continuing to serve in the Army reserves until 45 if I can balance it and private sector job but we'll see.
29 years old and am about to finish up my active duty military career. I was debating staying in for 20 but landed a decent corporate job in banking recently so figured I'm going to take a stab at it.
Current Assets:
130k personal brokerage all in equities
40k in TSP- think I'm just going to leave it alone and start a new 401k with new employer and contribute at least match amount and hopefully max it every year.
20k Roth IRA
20k Cash
210k Total net worth.
Small 1/1 condo which I owe 49k on. Basically even cash flow and I have 14 years left on the note. I might sell it in 4 years given I'll only owe about 35k and believe I can sell it for 70 or so as the RE continues to recover but we'll see. 3.25% interest rate so that's not bad plus it's a tax shelter to a certain extent but dealing with tenants is a pain vs liquid securities as I've learned over the last few years.
Anyways, I appreciate this forum and all the words of wisdom. My target retirement age is 45 years old.
I am considering continuing to serve in the Army reserves until 45 if I can balance it and private sector job but we'll see.