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Reply to "What is your "magic number" for retirement?"
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[quote=Anonymous]$10m invested is our target. We currently have $12m assets, ($10m net worth, $2m low interest mortgage), $7m invested ($5.5m brokerage equities, $1.5m retirement equities). DW is 50 and has been SAHM for 25+ yrs, I'm 51 exec so just entering prime earning years $750k hhi working primarily from home. Both kids thru private and graduated college with college paid off . We feel veryfortunate and have no money stress or worries about the future. I'll retire when we wake up one day and say "hey, it's time. How about we go explore Sicily for a few months?" It has been a lot of work and stress to raise the kids and build wealth, i built and sold a business but now we have security and options.[/quote]
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