So I'm not exactly new here, but circumstances have changed a bit. Since I was here last life has been different, divorced now and my dreams have changed a bit. My goal is to fire in about 5 years when I am 45. Below is my current portfolio, just looking for some feedback on if I am crazy or you guys think it is possible. I would love to become an expat, thinking non metro area in Spain, traveling there for the first time in February to check it out. Have a friend living in Granada so I have a bit of personal insight into cost of living there so it seems doable.
Vanguard taxable: 670k
Vanguard IRA: 370k
Vanguard Roth IRA: 11k
401k:45k
Phantom stock options in private company: 240k (I count these as 0 in my net worth)
Cash: 180k (too much I know but I like a large safety net)
Home equity: 200k
I max out 401k and try to save about 3k a month in taxable account.
My friend said for a single guy you could get by on 2k a month and would be living well on 3k a month in Granada.
What do you guys think, am I just dreaming or does it look possible?
Vanguard taxable: 670k
Vanguard IRA: 370k
Vanguard Roth IRA: 11k
401k:45k
Phantom stock options in private company: 240k (I count these as 0 in my net worth)
Cash: 180k (too much I know but I like a large safety net)
Home equity: 200k
I max out 401k and try to save about 3k a month in taxable account.
My friend said for a single guy you could get by on 2k a month and would be living well on 3k a month in Granada.
What do you guys think, am I just dreaming or does it look possible?