Reply to Late 40s. We have about 3.5X our gross HHI saved. Is that ok?

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Reply to "Late 40s. We have about 3.5X our gross HHI saved. Is that ok?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Multiple is not a good way to look at it.  You need to look at future expenses and goals and net worth needed to pay expenses and achieve goals.

We’re early 40s. $750k HHI. $6.5 million net worth. $2 million in taxable investments. $3 million across retirement accounts - 401K, Roth IRA, HSA.  $1 million in home equity.  $600k in 529s for elementary school kids.

Hope is to retire early 50s with $10 million invested, enough money on top of the 10 million to pay remaining balance of $3 million in properties (will not pay off ahead of schedule), and private high school and college fully paid for.  [/quote]

Your first paragraph is accurate but why do you think your next two paragraphs are helpful to OP?  They have nothing to do with the point in your first paragraph because you don’t even discuss your own expenses or metrics. Were you just looking for internet validation that your numbers are high? [/quote]

The OP asked where others were at.  The answer was provided…[/quote]

OP didn't provide numbers, but their tone clearly suggested that they don't have the same financial situation as you. Nobody (and I mean nobody) GAF about the kind of details you provided. Your post is embarrassing.[/quote]

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