Hi
DH and I are planning to retire in early 2014. We will be 41 and 37 with two small children aged 3 and 6.
We have been planning for this from the beginning of our marriage 14 years ago and it's very exciting to be able to almost taste the freedom.
We will have around 1.5M in invested shares that will pay dividends and we may also purchase another home with this as we will sell our current one.
We also have another real estate investment that pays around 8k per month that we own outright.
It's scary as we have so many years left and two children to support. we are giving up large incomes from our own business, but we would prefer to now focus on investing time with each other. We may start another business later on with no staff that can be operated location independently.
We plan on travelling for 1-2 years before making any big decisions about where we may settle. We may not come back to Australia or we may choose another country, or many countries.
At this stage we just need to decompress from our working lives and enjoy each other. Once our headspace has settled we will make decisions based on who we are then, rather than who we are now.
I have been reading these forums for a while but have now just signed up and feel comfortable with posting.
DH and I are planning to retire in early 2014. We will be 41 and 37 with two small children aged 3 and 6.
We have been planning for this from the beginning of our marriage 14 years ago and it's very exciting to be able to almost taste the freedom.
We will have around 1.5M in invested shares that will pay dividends and we may also purchase another home with this as we will sell our current one.
We also have another real estate investment that pays around 8k per month that we own outright.
It's scary as we have so many years left and two children to support. we are giving up large incomes from our own business, but we would prefer to now focus on investing time with each other. We may start another business later on with no staff that can be operated location independently.
We plan on travelling for 1-2 years before making any big decisions about where we may settle. We may not come back to Australia or we may choose another country, or many countries.
At this stage we just need to decompress from our working lives and enjoy each other. Once our headspace has settled we will make decisions based on who we are then, rather than who we are now.
I have been reading these forums for a while but have now just signed up and feel comfortable with posting.