hakuna matata
Recycles dryer sheets
Hello
I stumbled on this board and it looks perfect for my wife and I. My wife and I are both 48 (49 soon!) and our goal is to retire by the age of 55. We picked this age due to the fact that my wife will have 20 years in at her job and that allows a good pension to supplement our retirement.
Our current net worth is $2.1 million with $1.4 of that in the market and the remainder mainly in real estate. We carry no debt except our home and that is almost paid off. We have one daughter who will be starting college at our retirement age, but we have three years of her college saved in the GET program here in Washington State.
We put away the maximum in both of our 401k's and max out our ROTH each year.
My own calculations show that we can retire at age 55 and be comfortable---but there is the rub and what I have liked about this forum so far. That is the concept of 'what is retirement and what does comfortable" mean? How much is enough to retire on? That is a tough question and I am hoping this site will help me answer that question.
The other biggest concern is what will life be like after retirement. I have read some of the forums and it seems many of the folks here had or have the same struggle and I am hoping that over the next six years I can find an answer to that question as well.
so wish me luck on my journey and I am looking forward to finally meeting some likeminded people! I picked my handle because I like the attitude--no worries
I stumbled on this board and it looks perfect for my wife and I. My wife and I are both 48 (49 soon!) and our goal is to retire by the age of 55. We picked this age due to the fact that my wife will have 20 years in at her job and that allows a good pension to supplement our retirement.
Our current net worth is $2.1 million with $1.4 of that in the market and the remainder mainly in real estate. We carry no debt except our home and that is almost paid off. We have one daughter who will be starting college at our retirement age, but we have three years of her college saved in the GET program here in Washington State.
We put away the maximum in both of our 401k's and max out our ROTH each year.
My own calculations show that we can retire at age 55 and be comfortable---but there is the rub and what I have liked about this forum so far. That is the concept of 'what is retirement and what does comfortable" mean? How much is enough to retire on? That is a tough question and I am hoping this site will help me answer that question.
The other biggest concern is what will life be like after retirement. I have read some of the forums and it seems many of the folks here had or have the same struggle and I am hoping that over the next six years I can find an answer to that question as well.
so wish me luck on my journey and I am looking forward to finally meeting some likeminded people! I picked my handle because I like the attitude--no worries