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Reply to "Should I stop daydreaming about retiring at 55?"
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[quote=Anonymous]You are doing fine with retirement accounts, but also, take a note of you spending. Maybe you can cut from somewhere without even feeling it. Many of us don't need as much crap as we think we need. Now take that money and invest it in an investment account or new Roth with RH or Fidelity. I turned $50k into $300k in few years and learned a lot doing so. I also doubled my two Roths this year and hope to do it again by next summer. You can open new Roth and start with the $7k if you want to keep it nice and separate. Do you homework into what stocks to buy. Buying and selling inside of Roth is tax free. You will learn a lot even when your investment goes down, usually temporarily. Don't forget to note why it went down. Down market is the best market.[/quote]
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