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Started By
Message
re: 100K Net Worth
Posted on 7/29/15 at 3:10 pm to SomeGuyFromLA
Posted on 7/29/15 at 3:10 pm to SomeGuyFromLA
quote:
For someone retiring in 30 years, does 5mm sound like a solid target?
You know that's about $4k per month, earning about 6 1/2 % average return over 30 years, right?
2
Posted on 7/29/15 at 3:18 pm to Ace Midnight
quote:So you're saying I can't eat?
You know that's about $4k per month, earning about 6 1/2 % average return over 30 years, right?
Posted on 7/30/15 at 9:20 am to Ace Midnight
quote:
quote:
For someone retiring in 30 years, does 5mm sound like a solid target?
You know that's about $4k per month, earning about 6 1/2 % average return over 30 years, right?
No debt. 25 y/o. 75k salary, saving 25k a year. Current net worth approx 60k.
5mm doesn't seem too difficult with even modest returns? I'm sure a family will hurt the savings rate but hopefully I'll have dual income at that point.
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