Reply to Would you retire with a NW of $10m?

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[quote=Anonymous][quote=Anonymous]
Oh I see - it’s a combined NW of 2 individuals. I’m at $2.8 NW at 46 as an individual. Somewhat concerned about “all stocks” investment

Your situation sounds reasonable and where you should be. But the OP seems to have $10mm so the numbers are just not adding up unless one of the spouses was much higher earner, or they invested in riskier assets or RE [/quote]

This is PP from above. I agree that $10M net worth for a single fed worker in their 50s came from other investments or they are counting their spouse in their net worth. There are many who cannot fathom that my situation is true - 2 lifelong feds with a net worth over $5M in mid-50s from only fed salary. I think most people cannot stomach leaving 100% of their investments in stocks, and they get antsy during the market downturns and reallocate their investments at the wrong time or try to get cute with investing strategy. I finally just recently moved 20% of my TSP to bonds. We have also refinanced our mortgage 5 times to get the lowest rate and we invested in pre-paid 529 in-state plans for both of our kids. We definitely do not live frugally either.[/quote]

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