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re: If the average middle-class American
Posted on 9/14/18 at 2:33 pm to LSUengineer12
Posted on 9/14/18 at 2:33 pm to LSUengineer12
having very little knowledge on this type of subject, my early 30s-middle class answer would be:
-pay off mortgage (only debt)
-buy a few rental properties with the idea of having some kind of passive income during retirement
-put as much as possible left into retirement/investment type vehicles
-stay at my job maybe 7-10 more years, while massively upping my work retirement contributions
-retire around 40 if feasible
-pay off mortgage (only debt)
-buy a few rental properties with the idea of having some kind of passive income during retirement
-put as much as possible left into retirement/investment type vehicles
-stay at my job maybe 7-10 more years, while massively upping my work retirement contributions
-retire around 40 if feasible
This post was edited on 9/14/18 at 2:34 pm
3
Posted on 9/14/18 at 2:35 pm to WG_Dawg
quote:
-pay off mortgage (only debt)
-buy a few rental properties with the idea of having some kind of passive income during retirement
-put as much as possible left into retirement/investment type vehicles
-stay at my job maybe 7-10 more years, while massively upping my work retirement contributions
-retire around 40 if feasible
A million bucks ain't that much dude
Posted on 9/14/18 at 2:47 pm to WG_Dawg
quote:
Retirement/investment type vehicles
Like?
Posted on 9/14/18 at 3:05 pm to WG_Dawg
They should start a realty company and purchase a night club.
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