Reply to How to value a military pension into NW

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why go to a PE firm when you have a generous pension and separate IRA accounts, plus properties?    Seems sophisticated but also unnecessary.  You easily pass as a couple for the accredited investor with all your assets.  That sounds like a sales gimmick, I bet they want your $$$.   If you have excess funds, simply construct a portfolio  of growth and dividend stocks in a taxable account.  Or use ETFs if you like. Your heirs will get a stepped up basis upon your death. [/quote]

That’s what we did. Military pension, multiple retirement accounts, no debt and taxable accounts that yield $150,000 yearly in dividends.

No plan to liquidate shares, will pass to our sons w stepped up basis. [/quote]

Op here - Great job. Our goal is for our investments to produce $500K  in passive income when we “retire”. Rental income and dividends produce a large chunk of our “passive” income. We’re really excited about our Roths which have exploded in value due to some great stock picks. The tax-free income those Roths will eventually produce when we reach 59 1/2 in 8 years require very little effort unlike our rentals. [/quote]

$500,000 passive income a year, plus two military pensions, plus your retirement accounts….  How much do you really need??

I’m the PP from above. We don’t have that much yearly income and cannot spend what we have as it is. No debt, sons out of college. I’m trying to simplify our estate as much as possible (age 55).

Maybe your lifestyle is much bigger than ours…. Are your properties still mortgaged?   We owned rental properties in two states but it wasn’t worth the hassle. I much prefer investing in high yielding equities.  [/quote]

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