Hello Folks,
This is a great forum and I appreciate all the advise offered by the members.
I have $800k in fixed income (yield 3% annually)
I have $800k in mutual funds and dividend stocks
I have a paid off house $350k.
Net worth $1950k
No debt or mortgage. 2 kids 18 years & 14 years.
Both wife and I are 43 years old
annual house hold income $100k (wages from employer) after tax
annual additional income dividend & fixed income is $51k after tax..
We live a modest life style and was wondering if I can retire?
Annual house hold expense is $36k
This is a great forum and I appreciate all the advise offered by the members.
I have $800k in fixed income (yield 3% annually)
I have $800k in mutual funds and dividend stocks
I have a paid off house $350k.
Net worth $1950k
No debt or mortgage. 2 kids 18 years & 14 years.
Both wife and I are 43 years old
annual house hold income $100k (wages from employer) after tax
annual additional income dividend & fixed income is $51k after tax..
We live a modest life style and was wondering if I can retire?
Annual house hold expense is $36k