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re: What is your target savings and age for retirement?
Posted on 12/30/16 at 8:44 pm to Ramblin Wreck
Posted on 12/30/16 at 8:44 pm to Ramblin Wreck
So what is the average amount of household y'all are putting back a year and total investment a year based on any company match?
2
Posted on 12/30/16 at 9:09 pm to Colonel Flagg
Target was $2m at age 55 (includes residence)
Done.
Now, people say that I will live another 30 yrs.
So, new decisions . . . decisions. Still looking for what to do when I grow up.
Done.
Now, people say that I will live another 30 yrs.
So, new decisions . . . decisions. Still looking for what to do when I grow up.
Posted on 12/30/16 at 9:57 pm to Colonel Flagg
quote:
So what is the average amount of household y'all are putting back a year and total investment a year based on any company match?
Basic answer is as much as I can. It has varied through my career. Having a family, spending and savings priorities have shifted during the different seasons of life. Right now I have all three kids in college. I don't think I have had a lot of extra cash in my checking account since I was single. My savings has done pretty well and my outside real estate investments, while at times have been a bit risky, have a tremendous amount of equity. I'm sure Dave Ramsey would not approve of my strategies to date, but I should easily achieve my goal by the time I turn 55 in 5 years.
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