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Reply to "How much to retire at age 55? We are 50"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How did you get to 5M? Apple stock in the 90s?[/quote] No student debt. Maxed contribution retirement saving since we were 22. We don’t have fancy cars or hobbies.[/quote] I mean we are 46 and maxed retirement contributions since 25 and have no where near that. [/quote] Did you pay for portfolio management? How aggressive are you in terms of asset allocation? We are all in low cost funds. Plus we are double income. Also since we are a little older than you we invested pre-2000.[/quote] OP again- you can sock away a lot more for retirement as double income 300k (150/150) than 300k one salary.[/quote]
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