Just wanted to introduce myself, as I'm very happy to have found this community. Of course, I also welcome any feedback on the below.
My wife thinks I'm nuts, but I think we're on target to have the ability to ER by 2030 (we'll be late 40s). And that's what I'm aiming for.
Current status:
We live in a very HCOL area right now, which is good for our incomes. Long-term, we plan to move to a lower COL area, which should allow us to "downsize" on the home within 5-10 years.
I haven't been in a hurry to pay off my student loans (obviously). But at <3.5% interest I feel okay about that. It's allowed us to save prodigiously, and I think the markets will do better than 3.5% long-term.
Pleased to meet y'all.
My wife thinks I'm nuts, but I think we're on target to have the ability to ER by 2030 (we'll be late 40s). And that's what I'm aiming for.
Current status:
- Retirement Accounts: $250k (combined) (90% equities, 10% bonds)
- Taxable brokerage account: $90k (90/10)
- Home: $450k left on mortgage (30/3.5%), $200k equity
- Student loans: $125k (2.5-3.5%)
- Cash: $25k
- Yearly expenses: about $100k
- Yearly savings: about $70k (about $55k to retirement accounts, incl. employer match; about $10-15k to taxable account)
We live in a very HCOL area right now, which is good for our incomes. Long-term, we plan to move to a lower COL area, which should allow us to "downsize" on the home within 5-10 years.
I haven't been in a hurry to pay off my student loans (obviously). But at <3.5% interest I feel okay about that. It's allowed us to save prodigiously, and I think the markets will do better than 3.5% long-term.
Pleased to meet y'all.