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Reply to "How long to get from $2M to $3M"
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[quote=Anonymous]OP here. Apologies for the confusion over home equity/mortgage. Here's what we have: $1,300,000 in retirement funds $500,000 in home equity $150,000 in cash (bank accounts, CDs, etc.) $50,000 in vehicles/jewelry Total: $2,000,000 We have 529 funds but don't count then in net worth. Annual contributions:$95,000 (401(k) contributions, employer match, backdoor Roth) Asset allocation for retirement funds: Asset allocation is around 75% equity, 25% bonds/cash equivalents. Given the above, how long to get to $3,000,000?[/quote]
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