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re: How much money do people need to retire?

Posted on 2/27/24 at 1:33 pm to
Posted by fareplay
Member since Nov 2012
4943 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
Posted by MrSpock
Member since Sep 2015
4365 posts
Posted on 2/27/24 at 1:35 pm to
quote:

~880k left in mortgage


quote:

Max roth


Something seems off here. Inherit a little something?
Posted by BabyTac
Austin, TX
Member since Jun 2008
12277 posts
Posted on 2/27/24 at 2:17 pm to
quote:

We still got ~880k left in mortgage


Damn. Sounds like you already bought your retirement home. Can’t help there.
Posted by Jake88
Member since Apr 2005
68426 posts
Posted on 2/27/24 at 4:51 pm to
quote:

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
If you can still contribute to a Roth, you're not making enough to pay for that home and retire by 50.

Now you say backdoor Roth. You should have said that initially. This seems like a troll.
This post was edited on 2/27/24 at 4:53 pm
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