kidfriend54
Confused about dryer sheets
- Joined
- Aug 13, 2007
- Messages
- 1
I just want to get that straight up front! Trying to muster up the courage to introduce myself to such an esteemed group, I read the intro thread by Andy H. While I thoroughly enjoyed the thread, couldn't help but feel [-]sorry[/-] a little sorry for the guy. But next came an extreme state of paranoia that I couldn't possibly jump into the pool of intellect represented by the group on this board. That said, I've never been one to hestitate to appear foolish when need be.
I'm 53, DH of 31 years, 58. Felt fairly prepared for retirement when DH reaches the age of 60. Decided to confirm by consulting with fee only financial planner. Whoa! What a shock when he didn't agree with our self-confidence. Here's the numbers. $927,000 not including mortgage free home ($240,000). Been doing our own finances so everything is pretty simple (neither my DH or I have financial background). About 1/3 in retirement accounts; $100,00 in CD's and Money Market; rest in brokerage accounts. Retirement and brokerage primarily invested in funds 70/30 stocks/bonds. Comfortable ER budget would be 80-90 a year. We also have a little shaved iced business that brings in about $25,000 a year that we plan to continue into retirement.
We've been wondering if Financial Planner burst our balloon in initial consultation just to make us feel like his $3000 services were critical to our financial future or if we're really living in lala land thinking we are FI. Sorry for the length of initial post. We'd really appreciate your responses.
I'm 53, DH of 31 years, 58. Felt fairly prepared for retirement when DH reaches the age of 60. Decided to confirm by consulting with fee only financial planner. Whoa! What a shock when he didn't agree with our self-confidence. Here's the numbers. $927,000 not including mortgage free home ($240,000). Been doing our own finances so everything is pretty simple (neither my DH or I have financial background). About 1/3 in retirement accounts; $100,00 in CD's and Money Market; rest in brokerage accounts. Retirement and brokerage primarily invested in funds 70/30 stocks/bonds. Comfortable ER budget would be 80-90 a year. We also have a little shaved iced business that brings in about $25,000 a year that we plan to continue into retirement.
We've been wondering if Financial Planner burst our balloon in initial consultation just to make us feel like his $3000 services were critical to our financial future or if we're really living in lala land thinking we are FI. Sorry for the length of initial post. We'd really appreciate your responses.