Been following the board and finally decided to post. My hubby is 41 and I'm 40. Our goal is to retire by 52. I know it sounds crazy but that's the goal. I think the biggest advantage we have right now is my husband manages our portfolio so we do not have to pay any mgmt fees. We've averaged at least 8% for the last 7 years and this is a very conservative off the top of my head estimate. My hubby says it's more like 15% compounded rate for the last 7 years. Anyways I use the 8% number for future projections.
Our current goal is to try and build our non retirement account so that we have income until we can tap into our retirement accounts. We are putting about 25%of our income into our non-retirement account to try and reach our goals.
I also have a very small pension that I will have access to at age 55.
We have one daughter who is ten.
Anyone else who retired a few years short of the 59 1/2 magic number that can offer some advice?
Our current goal is to try and build our non retirement account so that we have income until we can tap into our retirement accounts. We are putting about 25%of our income into our non-retirement account to try and reach our goals.
I also have a very small pension that I will have access to at age 55.
We have one daughter who is ten.
Anyone else who retired a few years short of the 59 1/2 magic number that can offer some advice?