After reading how much a lot of you have accumulated it sounds like I might be fooling myself about retirement.
54 years old
Single, no kids
55 to 57 hopeful early retirement
Will be 57 and home will be paid off July 2016
$80,000 - salary
$440,000 - 401K with 20% of salary yearly contributions
Broad Market Bond Fund 25%
S&P Indexed Equity Fund 15%
US Equity Fund 10% MSCI EAFE Indexed Equity Fund 25%
Small/Mid-Cap Indexed Equity Fund 20%
Emerging Mkts Indexed Equity 5%
$31,000 – Roth maxed out each year
FTSE All-World ex-USSmall-Cap100%
$30,000 yr. – Pension
$11,000 – approx. SS level income (If you don’t know what this is, I can try to explain)
$41,000 a year
Any suggestions on how I can make this work?
54 years old
Single, no kids
55 to 57 hopeful early retirement
Will be 57 and home will be paid off July 2016
$80,000 - salary
$440,000 - 401K with 20% of salary yearly contributions
Broad Market Bond Fund 25%
S&P Indexed Equity Fund 15%
US Equity Fund 10% MSCI EAFE Indexed Equity Fund 25%
Small/Mid-Cap Indexed Equity Fund 20%
Emerging Mkts Indexed Equity 5%
$31,000 – Roth maxed out each year
FTSE All-World ex-USSmall-Cap100%
$30,000 yr. – Pension
$11,000 – approx. SS level income (If you don’t know what this is, I can try to explain)
$41,000 a year
Any suggestions on how I can make this work?
Last edited by a moderator: