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Reply to "At what age will you retire and with how much?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Between 59 & 62. $4-5M including about $1M house. Fed so solid pension about about 50% of current salary and health care covered.[/quote] We are similar. Currently both early 40s feds with $4 million in investment assets, $600,000 in retirement accounts $2 million house and will retire in 15-20 years with hopefully more in assets, bigger retirement accounts and a pension that will bring in 35-40% of our pre-retirement income. [/quote] How did you manage that nest egg on Fed salaries? Good job![/quote] Lie or got lucky picking a stock.[/quote] Two grandparents died when we were in our late 20s. We took the inheritances and invested them. Also have an investment account that I’ve put money in since I was a teen and every job I had through law school - it’s got 500k in it now. [/quote] Can we all just agree that when responding to these types of posts it should be incumbent on posters to disclose significant family assistance/inheritance/lottery wins upfront instead of perpetuating the misconception that if you just are frugal/work hard you can save 4 million dollars by 40 as dual fed workers.[/quote] And have a 2m house lol :lol: [/quote]
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