I was mocked by the header that said I never posted and the bid pipeline at w*rk has dried up, so I have a lot of free time right now.
42 years old (D) Married (J) two kids (RR) in No Va
Retirement Savings ~ $300k
Net Worth ~ $550k
Occupation - Financial type with MBA currently doing commercial bid work
Salary ~ low 6 figures + bonus, DW is home with the Kids and my MIL who stays with us 1/2 time
Currently Saving ~ 20% of salary
Investment allocation - 100% stocks
That's the basics. I currently use a mutual fund newsletter that is based on momentum that has earned me 24% compounded over the last 4 years helped by a timely 401k distribution (at the bottom) in 2003. Not to be mistaken for a genius, I lost quite a bit in 2000 - 2001
, but fortunately off a low base. Dollar cost averaging through that downturn in my 401k really made a big impact.
Original plan was to retire at 65 based on earning 8%/year with no further contributions, but as I have continued to contribute and earn more than 8% I have moved up 3 years so far. Hope to eventually cash out at 59 and maybe 55 if we work something out on healthcare.
Other interesting tidbits:
I am a Christian and have always given ~ 11% of my income to charities of my choice.
I love to travel and have been to ~ 17 countries. Did a lot of travel for my work (over 300k flight miles).
Pretty big Sci Fi and alternative history fan.
Went to the College of William & Mary and enjoy Williamsburg and things colonial.
Currently a big Disneyworld nut and go regularly with the family
Not too handy - DW keeps a redneck rolodex to keep the house maintained
Current PTA treasurer - I think I missed the meeting when I was elected.
Big Yankees fan and SU basketball - grew up in Syracuse, not much to do in the snow but watch SU basketball
I can add more if I think of it. Hope to be able to participate and add something to the discussion. Looking forward to talking with you going forward.