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2020 Update So here's the update. Life has been good so far. We've enjoyed some very good years at work and our NW is now up to almost $6M, including home equity, which is probably still $1.5M - thanks to Trump cutting SALT deduction. We live in the same house, drive the same cars, etc. If we...

I hear you. $5m is my *minimum* and that would require a reduction in current lifestyle. If I get to $10m (my 'secret' ambition) I'll be pretty close to current lifestyle. Either way I plan on working until my youngest is out of HS (10+ years away) at which point oldest 3 (hopefully) out of...

Hello all. Back again for a check-in after a multi-year hiatus. Things still going well. Goal hasn't changed - $5m liquid is still our bogey. Right now sitting at roughly $2m liquid assets split 60 / 40 cash / equities and then $1.5m in home equity. Income is high (and expenses too!) but trying...

Hello all. Looking to retire ~2030 at the age of ~55 when our youngest (of four) leaves the nest for college. Love this site. Very useful and inspiring, even tho I lurk too much and post not enough. Target goal has been 5mm liquid to reach FI though I don't believe I'll ever stop working -...

Thanks for the feedback. I completely agree with the consensus - more equities and be mindful of COL issues as well as spending ramp as kids get to HS/college. To answer some Qs - yes, we've been pre-paying mortgage down aggressively - it's a guaranteed return (albeit modest) - but will be...

Wow. Can't believe it's been 5 years since my last post. Time really does fly. So here's the update: - Life continues to be good to us - we have our health and no major issues - Income still strong (although I work in a volatile sector) - Savings ~$1m (50/50 taxable / non-taxable) - Home equity...

My wife and I have been truly blessed. We have our health, 4 wonderful children and a very comfortable (if not hectic) life. I like my work and am striving for financial independence (however I can't see myself not working even then - might consider doing some entreprenurial at that point)...