5971
Recycles dryer sheets
Been following this forum for a while. This is my first post. I just turned 37 and the wife and I are planning on retiring in 7 years on a budget of about $80-90k/yr.
We are currently debt free except two 10 year mortgages (one rental) which we will have paid off by our 7 year deadline.
One of the things that may throw a wrench in our plan is saving for college. We have a 2 yr old currently and I have already started putting some money in a 529 plan, but I have no idea how much college is going to set us back in 15 years.
We have about $700k in non-retirement funds currently and about $300k in a mix of IRAs and 401(k). We will also be relying on some income from our rental property.
Hope we can make it!
We are currently debt free except two 10 year mortgages (one rental) which we will have paid off by our 7 year deadline.
One of the things that may throw a wrench in our plan is saving for college. We have a 2 yr old currently and I have already started putting some money in a 529 plan, but I have no idea how much college is going to set us back in 15 years.
We have about $700k in non-retirement funds currently and about $300k in a mix of IRAs and 401(k). We will also be relying on some income from our rental property.
Hope we can make it!