NOLA Rob
Dryer sheet wannabe
Hi all. I'm a 27 (almost 28) attorney in New Orleans, married with no kids but planning on some in a few years. I mostly just read the posts but thought I'd join up so I can comment occasionally.
My goal is to be FI at 50. I love my job so I'm not locking myself into retiring at that time, but I'd like to have the freedom to retire and only keep working if I still love it (obviously I have no idea how I'll feel in 22 years).
I'm maxing out my Roth 401k, a Roth Ira, and my wife is maxing out a roth Ira (no retirement plan at her work until several years in). We are aggressively paying off her student loans (I don't have any) and have a home mortgage of about 9% of our gross monthly income. The student loans should be paid off in 5 years, at which point we will figure out how to allocate the huge portion of our income we have been allocating to the student loans (increased savings, pay off mortgage really early, kids college, etc...). Not planning on ever getting any social security so I'm not counting that into my planning.
Thanks!
My goal is to be FI at 50. I love my job so I'm not locking myself into retiring at that time, but I'd like to have the freedom to retire and only keep working if I still love it (obviously I have no idea how I'll feel in 22 years).
I'm maxing out my Roth 401k, a Roth Ira, and my wife is maxing out a roth Ira (no retirement plan at her work until several years in). We are aggressively paying off her student loans (I don't have any) and have a home mortgage of about 9% of our gross monthly income. The student loans should be paid off in 5 years, at which point we will figure out how to allocate the huge portion of our income we have been allocating to the student loans (increased savings, pay off mortgage really early, kids college, etc...). Not planning on ever getting any social security so I'm not counting that into my planning.
Thanks!