Space Mountain
Recycles dryer sheets
- Joined
- Jul 16, 2007
- Messages
- 51
Hi everyone:
I'm 40 yrs. old with a net worth of roughly 1 million. (not including residence which is paid in full) I have no dependents, debt and have never been married. (nothing in the works, either.)
I DO NOT like my job and am thinking of speaking with a busines broker about purchasing an existing business. (naturally, I would quit my current job)
Here's my question:
Is it worth taking the chance if I want to retire by 50 yrs. old? I was blessed with a big mouth. Coversely, I have limited hands on technical skills.
I do not want to start up a business on my own due to greater risk factors. Also, I don't really know what I would or could do?
My current Vanguard portfolio is properly diversified.............per Vanguard's recommendations. (website & financial review) I also have a $50,000 cash reserve. (Vanguard Prime Money Market)
I feel my career is at a crossroads.
Any advice would be much appreciated.
Thanks in advance.
Space Mountain
I'm 40 yrs. old with a net worth of roughly 1 million. (not including residence which is paid in full) I have no dependents, debt and have never been married. (nothing in the works, either.)
I DO NOT like my job and am thinking of speaking with a busines broker about purchasing an existing business. (naturally, I would quit my current job)
Here's my question:
Is it worth taking the chance if I want to retire by 50 yrs. old? I was blessed with a big mouth. Coversely, I have limited hands on technical skills.
I do not want to start up a business on my own due to greater risk factors. Also, I don't really know what I would or could do?
My current Vanguard portfolio is properly diversified.............per Vanguard's recommendations. (website & financial review) I also have a $50,000 cash reserve. (Vanguard Prime Money Market)
I feel my career is at a crossroads.
Any advice would be much appreciated.
Thanks in advance.
Space Mountain