Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "50 year olds - how much retirement $ do you have saved?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]50 and 49. I just crossed $1M in retirement accounts and spouse is at about $800K but took three years off for grad school so has fewer years of work. Neither of us maxed out until after the kids were out of preschool but that was shortly after 2008 so we've benefitted from runup. Spouse will get a federal pension. Maybe $100K liquid across all accounts for emergencies, whatever. Down to about $100K left on the mortgage and will be paid off in another 3-4 years, we have about $700K equity now. Married in our 20s and I bought a condo in the 90s which we leveraged into a townhouse and then a SFH. Timing helped a lot, plus choosing to work through grad school to minimize loans, buying well below what we "could afford" for housing, sticking with the government job (at this point the pension is a pretty valuable benefit). [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
