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Reply to "How long to get from $2M to $3M"
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[quote=Anonymous][quote=Anonymous]Want to know around how long it might take to get from $2M to $3M. Contributions (including employer match and backdoor Roths) should be around $70k annually. Will pay down $24,000 annually on mortgage principal. ([b]We happen to count mortgage as part of net worth.[/b]) Asset allocation is around 75% equity, 25% bonds/cash equivalents. [/quote] It is unclear what you mean, OP. Could you please break down the $2m as follows: - Invested assets - Home equity (= home value - mortgage) [/quote]
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