And this will get you like $1M at 45? You can’t retire on that.
I definitely could. An american maybe couldn't.
$1.8M-$2.2M. Assumes 6%-7.5% annual return. Does not include employer contribution. Provides $72k-$88k /yr income. Assuming you pull social security at 67, your continued gains exceed your draw, and your fund perpetuates until you die.
If you retire at 45 won't that significantly impact social security?
[delayed]
You can't live on $40,000 a year?
What about property taxes, the occasional $40k visit to the ER for a few stitches?
Does that happen often to you?
I definitely could. An american maybe couldn't.
$1.8M-$2.2M. Assumes 6%-7.5% annual return. Does not include employer contribution. Provides $72k-$88k /yr income. Assuming you pull social security at 67, your continued gains exceed your draw, and your fund perpetuates until you die.
If you retire at 45 won't that significantly impact social security?
[delayed]
You can't live on $40,000 a year?
What about property taxes, the occasional $40k visit to the ER for a few stitches?
Does that happen often to you?