Hello everyone,
Completely new to this site as of 5 days ago. Have been reading as much as I can and I LOVE LOVE LOVE the great advice, insights, and most of all the success stories of those who have travelled the ER path. I am 47 and would like to retire at 53. My wife is retired from healthcare and I am still working 50 plus hours/week in healthcare. I still enjoy my job but don't "love" it like I did just a few years back. Most of my associates at work cannot or will not stop working b/c of the insane conviction to support kids forever and/or extravagant lifestyle (some in their early 70's). I did not realize how much we had saved until I read some of these posts and decided to make a spreadsheet of assets. So here goes: 1,500,000 in retirement (IRAs-both traditional and roth, 403b, and 401k). 1,100,000 in nonretirement accounts (Series I bonds, mutual funds, individual equities), 2,000,000 in real estate (main home, weekend home , and empty lot). Have saved a great deal and worked extreme hours, but investment returns have been average at best. I would like to be able to generate about 120k in todays dollars and plan on beating inflation by 1-2 percentage points (yes, I know I'm conservative and maybe a pessimist). Any comments/thoughts are welcome. Thank you in advance.
Completely new to this site as of 5 days ago. Have been reading as much as I can and I LOVE LOVE LOVE the great advice, insights, and most of all the success stories of those who have travelled the ER path. I am 47 and would like to retire at 53. My wife is retired from healthcare and I am still working 50 plus hours/week in healthcare. I still enjoy my job but don't "love" it like I did just a few years back. Most of my associates at work cannot or will not stop working b/c of the insane conviction to support kids forever and/or extravagant lifestyle (some in their early 70's). I did not realize how much we had saved until I read some of these posts and decided to make a spreadsheet of assets. So here goes: 1,500,000 in retirement (IRAs-both traditional and roth, 403b, and 401k). 1,100,000 in nonretirement accounts (Series I bonds, mutual funds, individual equities), 2,000,000 in real estate (main home, weekend home , and empty lot). Have saved a great deal and worked extreme hours, but investment returns have been average at best. I would like to be able to generate about 120k in todays dollars and plan on beating inflation by 1-2 percentage points (yes, I know I'm conservative and maybe a pessimist). Any comments/thoughts are welcome. Thank you in advance.
