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re: How much money do people need to retire?

Posted on 2/27/24 at 1:32 pm to
Posted by BabyTac
Austin, TX
Member since Jun 2008
12258 posts
Posted on 2/27/24 at 1:32 pm to
quote:

I don’t aspire to retire by 65, want to target 50


My advice to you is to pay off all your debts including house and cars. Contribute to your 401k the equivalent of what the company matches. Contribute everything else monthly to Vanguards 500 index fund, growth fun, and a QQQ type. You concentrate on those things at your age, you’ll be fine at 50.
Posted by fareplay
Member since Nov 2012
4928 posts
Posted on 2/27/24 at 1:33 pm to
We still got ~880k left in mortgage but expect paid off in 10 years or so. Max roth max 401 etc etc but still by 50 seems tough. We have a advisor via vanguard but seems underperforming
This post was edited on 2/27/24 at 1:34 pm
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