Hello - (with apologies to John Muir....)
1 year lurking - first post.....
DW and I are in seemingly perpetual OMY...
$2.2 MM in investments - details follow
$1.3 MM in pretax - 60/40 mix of equities/bonds
$300k cash (security blanket)
$400k total in 2 vacation rental properties ($10k net annual cash flow each)
$200k in post tax annuities and cash value life insurance (avg approx 5% annual appreciation)
$300k house
DW and I both work, and will draw about $19k each at 62 in today's $ (assuming no SS cuts)
No debt. No children. No dependents. No expected eldercare expenses (they have great pensions and guaranteed healthcare for life)
Budget - $60k for overall expenses, adding $15k for "fun" like travel - total $75k
I am 48 - DW is 56
Not ready to pull the plug, but reading about others dreams and success, thinking about taking a "long walk in the woods" and believing that we might be FI - is all sugar that helps make the tough days easier.....
Sent from my iPad using Early Retirement Forum
1 year lurking - first post.....
DW and I are in seemingly perpetual OMY...
$2.2 MM in investments - details follow
$1.3 MM in pretax - 60/40 mix of equities/bonds
$300k cash (security blanket)
$400k total in 2 vacation rental properties ($10k net annual cash flow each)
$200k in post tax annuities and cash value life insurance (avg approx 5% annual appreciation)
$300k house
DW and I both work, and will draw about $19k each at 62 in today's $ (assuming no SS cuts)
No debt. No children. No dependents. No expected eldercare expenses (they have great pensions and guaranteed healthcare for life)
Budget - $60k for overall expenses, adding $15k for "fun" like travel - total $75k
I am 48 - DW is 56
Not ready to pull the plug, but reading about others dreams and success, thinking about taking a "long walk in the woods" and believing that we might be FI - is all sugar that helps make the tough days easier.....
Sent from my iPad using Early Retirement Forum