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re: Retirement Account Goals?

Posted on 8/17/26 at 10:58 am to
Posted by AUin02
Member since Jan 2012
4618 posts
Posted on 8/17/26 at 10:58 am to
As someone who didn't expect to live past 30, and am now in my early 40s, I feel very behind . Been making up ground since my mid 30s but took time to fix old habits and attitudes from that time in my life.

This board has been very helpful reading even if I don't contribute much post wise.

Posted by igoringa
South Mississippi
Member since Jun 2007
12480 posts
Posted on 8/17/26 at 11:18 am to
Emphasizing a point made several times, I do think it is important for those that read this thread to understand the money board is not a representative sample of society in any means - and do not get caught up comparing where you are to others.

I know in my 20's and 30's I was no where near where some of the current posters are posting but managed to really gear up in my 40's and now in my early 50's we are in good shape.

The goal is a tough one as the expense side is so critical. I am still putting kids through OOS school and will for years (although 529 covers lions share until one said she wants to be an MD lol), paying Long term care for a parent etc. Probably keep plugging until that is done.

I am fortunate enough that when I call it quits I can probably consult part time as much or little as needed so it will be a staircase retirment.

NBIS and HGRAF has accelerated the timeline :) IREN not so much lol and uranium will shortly (I can dream right?)
Posted by Everyday Is Saturday
Member since Dec 2025
2748 posts
Posted on 8/17/26 at 11:39 am to
quote:

Been making up ground since my mid 30s


50s catch ups (higher investment threshold caps) will only further your “gap” closure.

Keep going!
Posted by RolltidePA
North Carolina
Member since Dec 2010
5754 posts
Posted on 8/17/26 at 11:53 am to
Ideally I'd like to be at $5M. Currently 50 years old and passed $3M earlier this year between 401k, IRA and brokerage accounts. It's wild to say that, because my wife and I were dead broke in 2014.

I have a very late December birthday, my current plan is to pull the cord a few days after I turn 54 when the rule of 55 can take effect. $700k is in the brokerage account so I should have enough for the gap years. Hopefully I'll continue to add to that for a couple years.

Being in the catch up contribution window and adding my bonus, share payout and rev share into investments, barring a market pullback think I can get to my number. My wife is 9 years younger and will continue to work for at least another 8-10 years after I call it a day, so that helps as well.

This post was edited on 8/17/26 at 11:57 am
Posted by Rize
Spring Texas
Member since Sep 2011
19799 posts
Posted on 8/17/26 at 12:00 pm to
quote:

I own businesses...it's really the only way to grow wealth quickly (or working at some startup with ridiculous RSUs). You do well in the market, right? Stick with that. I really only invest in properties because I find really good deals, and we do most of the work ourselves. Plus, my brother manages the properties, so it gives him a job. Lot of people lose their arse in real estate. And it's a pain in the arse


This is what helped me along the way. Wife and I both getting RSU’s when we were younger. We also got in on the first round of PE with her current company. We invested six figures and she was granted a chunk when she started. We are about halfway through the chapter and the company has gone from $27 mil on revenue to around $120 mil.

We will see how it turns out in 28 or 29 to see if it was a mistake or not.
Posted by Fat Bastard
alter hunter
Member since Mar 2009
92249 posts
Posted on 8/17/26 at 12:34 pm to
quote:

Through work?


through my business.

quote:

How so cheap?


Posted by Fat Bastard
alter hunter
Member since Mar 2009
92249 posts
Posted on 8/17/26 at 12:36 pm to
quote:

Rize


wait.........so you have all this money and make all this money and are not even 50 yet.

so.............HITF is your insurance only 127 a month?



Posted by Spike Buck
Member since Jul 2026
23 posts
Posted on 8/17/26 at 12:44 pm to
Hope to be done by 60.

$4mm in investment accounts, hunting land paid off, house paid off, and a vacation property paid off.

I have 20 years to go but between my wife and I, we should have it knocked out. I just have to hope AI doesn’t eliminate the need for my business in the mean time.
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