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Started By
Message
re: 100K Net Worth
Posted on 7/29/15 at 5:50 pm to LSUtigerME
Posted on 7/29/15 at 5:50 pm to LSUtigerME
quote:
1x salary at 30 is good, but not necessarily outstanding.
The guidelines from Fidelity are:
1x @ 35
2x @ 40
3x @ 45
5x @ 50
etc...
Up to 8 times at 65 if I remember correctly.
2
Posted on 7/29/15 at 5:57 pm to Lsut81
I feel a bit better about my situation after reading this. I'm behind either way and need to pick up the pace.
32
$20k Roth IRA, etc
$22k Home Equity
$7k Student Loan debit
$183k Mortgage debt
32
$20k Roth IRA, etc
$22k Home Equity
$7k Student Loan debit
$183k Mortgage debt
Posted on 7/29/15 at 6:19 pm to Lsut81
quote:
The guidelines from Fidelity are:
1x @ 35
2x @ 40
3x @ 45
5x @ 50
etc...
Up to 8 times at 65 if I remember correctly.
I guess it is a good sign that I think that is an extremely conservative estimate?
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