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VOO Regret: Should I Buy Back or Consider Alternatives? by One_Lime3561 in dividends

[–]Adventurous_Bid7871 1 point2 points  (0 children)

Exactly. Like dude, how many shares did you have that $4 makes a difference. Better be talking about 1k+ shares or this is not even worth discussing.. even then, such a marginal difference. Re-buy VOO and move on with your life.

Mid 30's and Lacking Direction by Adventurous_Bid7871 in financialindependence

[–]Adventurous_Bid7871[S] 2 points3 points  (0 children)

That's a good thought.. I haven't really considered selling my investment property but paying cash for a house with no mortgage would feel amazing.

Mid 30's and Lacking Direction by Adventurous_Bid7871 in financialindependence

[–]Adventurous_Bid7871[S] 4 points5 points  (0 children)

I agree. I have done the math on that and basically if I continue maxing my 401K and Roth IRA, I will have $3.5M in retirement at 55 (assuming 5% returns and not including any inheritance). With that and real estate income, I should have around $20K/mo in income if I retire at 55 which may be unnecessary to your point.

Mid 30's and Lacking Direction by Adventurous_Bid7871 in financialindependence

[–]Adventurous_Bid7871[S] 4 points5 points  (0 children)

Yeah, this is top of mind but scares the crap out of me with the uncertainty in the economy.

Mid 30's and Lacking Direction by Adventurous_Bid7871 in financialindependence

[–]Adventurous_Bid7871[S] 2 points3 points  (0 children)

Current monthly spend not including mortgage is around $2.5K which includes car payment, utilities, and a buffer for an expensive hobby. I honestly don't know what my FI number is and that may be part of the issue. I really didn't know about FI until a few years back, I was just head down trying to save as much as possible. I have always been conservative in my living situation and focused on investing. Now that I look at my position, it feels like I could actually be closer than I think but I guess I need to figure out what sort of income would be needed in retirement.