moneymaker
Recycles dryer sheets
- Joined
- Mar 13, 2013
- Messages
- 106
Hi all,
I’m planning on retiring from the army in April 2026 and for good in 2029.
Married, both 37, with two girls, 10 and 7.
Current situation:
Retirement accounts: $415k
Taxable accounts: $40k
Real estate (primary and 2 rentals): $540k ($175k in primary and the rest in the two rentals)
Total:$995k
Will receive military pension immediately of $4600 pre tax in today’s dollars, plus some VA disability.
Shooting for $2.5-3M in retirement and taxable, so still have a ways to go! Have began tailoring back retirement contributions to increase our taxable. Also plan on cashing out on both rentals which should free up quite a bit of cash as well.
Anyone else in the 2029 club!?!?
I’m planning on retiring from the army in April 2026 and for good in 2029.
Married, both 37, with two girls, 10 and 7.
Current situation:
Retirement accounts: $415k
Taxable accounts: $40k
Real estate (primary and 2 rentals): $540k ($175k in primary and the rest in the two rentals)
Total:$995k
Will receive military pension immediately of $4600 pre tax in today’s dollars, plus some VA disability.
Shooting for $2.5-3M in retirement and taxable, so still have a ways to go! Have began tailoring back retirement contributions to increase our taxable. Also plan on cashing out on both rentals which should free up quite a bit of cash as well.
Anyone else in the 2029 club!?!?