bo_knows
Recycles dryer sheets
I'm 30, and I love to see the perspective of people on these forums.
My wife and I LBYM and save a good portion. We figure it will be probable to retire before 50, possibly sometime in our mid 40's at our current rate and reasonable expectations of returns.
I often hear people on these forums talk about how the 90s stock market was really good to them... and it makes me wonder: Younger people who are heavily investing in mutual funds right now (during a recession, with a possible "double-dip" coming with the collapse of the Euro), are they going to see some excellent recovery years in 5-10 years?
I suppose that anything is in the realm of possibility, but it's often odd to base your projections on past returns (firecalc) and/or a steady rate of return. I just wanted to hear peoples thoughts.
My wife and I LBYM and save a good portion. We figure it will be probable to retire before 50, possibly sometime in our mid 40's at our current rate and reasonable expectations of returns.
I often hear people on these forums talk about how the 90s stock market was really good to them... and it makes me wonder: Younger people who are heavily investing in mutual funds right now (during a recession, with a possible "double-dip" coming with the collapse of the Euro), are they going to see some excellent recovery years in 5-10 years?
I suppose that anything is in the realm of possibility, but it's often odd to base your projections on past returns (firecalc) and/or a steady rate of return. I just wanted to hear peoples thoughts.