BaseballCoach
Dryer sheet wannabe
- Joined
- Nov 7, 2016
- Messages
- 24
Hello,
I believe we are on the right path, but would like advice from others who have been down it.
Currently my wife and I are 38 years old with two wonderful daughters - age 4 and 5.
We are at $1.5M net worth. $850k in VTSAX, $200k in 529 plans (should more than cover the education), $350k house (paid off). We have no debt. My wife stays home and I teach and have a side business that has grown. We plan to retire at 55 with spending around $80k/year.
Everything from Firecalc perspective looks great, but just would like to hear from those that have been down the path. I know there will be many, many things that happen that I can't imagine or think of in the coming 20 years. I just would like to sit back and relax a bit and work on things I really enjoy and not be too worried about the money. I'm like most of you here, grew up poor, etc.
I believe we are on the right path and I can relax a bit and let the markets do the heavy lifting for us, but I would enjoy some insite from those that have been down the road before.
Thank you for your time and help.
I believe we are on the right path, but would like advice from others who have been down it.
Currently my wife and I are 38 years old with two wonderful daughters - age 4 and 5.
We are at $1.5M net worth. $850k in VTSAX, $200k in 529 plans (should more than cover the education), $350k house (paid off). We have no debt. My wife stays home and I teach and have a side business that has grown. We plan to retire at 55 with spending around $80k/year.
Everything from Firecalc perspective looks great, but just would like to hear from those that have been down the path. I know there will be many, many things that happen that I can't imagine or think of in the coming 20 years. I just would like to sit back and relax a bit and work on things I really enjoy and not be too worried about the money. I'm like most of you here, grew up poor, etc.
I believe we are on the right path and I can relax a bit and let the markets do the heavy lifting for us, but I would enjoy some insite from those that have been down the road before.
Thank you for your time and help.