depends in how you want to live in retirement. I’d say you’d need at least 2 mill by 45 if you want to retire by 55. But

Jan 1, 2019
10:01:27am

Mr. Belding The easy way out

I want to live well in retirement and travel a lot.

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Mr. Belding

Previous username: Bravescoug
Bio page: Mr. Belding
Joined: Oct 18, 2013
Last login: Mar 18, 2020
Total posts: 21,749 (3,255 FO)

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Messages

Author

Time

In light of finances and the New Year, please ask one question to your planner:

TheLoneCougar

1/1/19 8:51am

Unless you have a high net worth or are within 10 years of retirement

cougarfann888

1/1/19 8:53am

True

Mr. Belding

1/1/19 8:58am

Even then, there are SO many resources out there to help you navigate those

TheLoneCougar

1/1/19 8:58am

That is some good common sense there. I wouldn't weight the specifics

Acorn

1/1/19 9:02am

There are some really impressive financial minds in the Financial Independence/

TheLoneCougar

1/1/19 9:16am

So I manage my own investments by reading lots of articles and perspectives.

bluecougar1985

1/1/19 8:54am

See above. I wouldn’t do it unless I was staring closely at retirement or had

cougfanz

1/1/19 8:58am

See cougarfann888 post above

Mr. Belding

1/1/19 8:59am

I saw that. What would you consider a big enough amount of money

bluecougar1985

1/1/19 9:19am

At least 500k. Maybe not until 1 mill

Mr. Belding

1/1/19 9:36am

Wow, I’m out then. I hope to be there in 11 years at the age of 44.

bluecougar1985

1/1/19 9:47am

depends in how you want to live in retirement. I’d say you’d need at least 2 mill by 45 if you want to retire by 55. But

Mr. Belding

1/1/19 10:01am

No no, wrong question. The real question, and what retirement calculators get

TheLoneCougar

1/1/19 11:00am

I prefer to do it myself as well, but if people are going to have an advisor

TheLoneCougar

1/1/19 8:59am

Most fiduciaries charge an AUM fee, that is the only way they get paid unless

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