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re: Am I early retirement ready? Updated

Posted on 7/27/18 at 2:57 pm to
Posted by slackster
Houston
Member since Mar 2009
85489 posts
Posted on 7/27/18 at 2:57 pm to
If I'm retiring in my early 40s with young kids, plans to buy a house, and plans to travel, I'm definitely NOT making that call without talking to a financial advisor and CPA.

Find someone that charges for the planning if you'd prefer to manage the investments on your own, but it's not something to take lightly given your age.

ETA - you could have $900k saved instead of $1.2M with even a typical downturn in the market. That's easy to stomach when you're working, but not so much when you're retired or actively withdrawing money. Just some food for thought.
This post was edited on 7/27/18 at 3:00 pm
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