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[quote=Anonymous]Hello let me start off by saying I'm absolutely addicted to this forum, I recently stumbled upon it and am loving the money and finance and job and career forums. This is my current financial plan, please critique it and give me any feedback.

My wife and I are are 24 years old and currently live in Utah, I am stationed at Hill AFB (I'm a E-4 in the airforce) I've been in the military for 2 years now, and will need 18 more for my pension. My wife and I currently pay a mortgage (2.7%@30/yr. fixed rate) on our home worth $325,000.00 and owe 220,000.00. Now here is where things get a bit interesting. We have 132,000 currently invested into mutual funds (70% VTSAX and 30% VFWAX) and between the two of us we make around 72,000 a year which will only go up, we're currently placing 2,500.00 a month into our mutual funds. We have no debt, other then the house. We don't contribute to any retirement plans as our employers don't match 401k's and we're getting a better return invested in funds (military tsp doesn't match at 6% like fed does). Now here is my plan, let me know what you think.

I plan on staying in the military for 18 more years and retiring with a full pension that will generate around 4k a month by 2032, I will also have medical benefits through the VA for the rest of my life. By this time we should have around 2,000,000.00 invested in our mutual funds (I haven't counted for tax or inflation) these numbers are based off a 9% return contributing 2500 for 18 more years (realistically our return is a lot higher than 9% though I'm low balling it). At this point I will be transitioning out of the military, and being a landlord has always been a dream of mine, with the 2 million dollars I would hope to spend at least half on duplexes. I would hope to purchase around 7-10 duplexes at $150,000.00 (we don't plan on purchasing in DC so this price is realistic hehe). Which would hope to generate at a minimum $1500.00 a month a piece, on the low side of things I would be making $126,000.00 managing homes that my wife and I own (like I said, we don't plan on living in DC, so this is a fairly substantial income coupled with my pension for being partially retired).

Oh - forgot to add, no plans for children in the future and my wife is also employed. (HHI 72,000)[/quote]

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