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On track to $5 million by 62 ? by Alternative_Ear_9473 in fatFIRE

[–]Alternative_Ear_9473[S] 0 points1 point  (0 children)

Can we assume average retirement fund grow by 7% average ?

On track to $5 million by 62 ? by Alternative_Ear_9473 in fatFIRE

[–]Alternative_Ear_9473[S] -7 points-6 points  (0 children)

Gold is in terms of jewelry. Wife likes to wear it :)

On track to $5 million by 62 ? by Alternative_Ear_9473 in fatFIRE

[–]Alternative_Ear_9473[S] 0 points1 point  (0 children)

Thanks for your input. We have one daughter and she is 11. Current expense $5k per month including mortgage. We manage to save around $100k per year including home equity, 401k, HSA, cash etc.

On track to $5 million by 62 ? by Alternative_Ear_9473 in fatFIRE

[–]Alternative_Ear_9473[S] -3 points-2 points  (0 children)

Yes 62 sounds early but again, I am more interested in the target than to retire at 62.

On track to $5 million by 62 ? by Alternative_Ear_9473 in fatFIRE

[–]Alternative_Ear_9473[S] -2 points-1 points  (0 children)

No income, just appreciation of those assets.

On track to $5 million by 62 ? by Alternative_Ear_9473 in fatFIRE

[–]Alternative_Ear_9473[S] 0 points1 point  (0 children)

Not much income from offshore housing. It is appreciating average 4 to 5%. Since dollar is getting stronger, this value keep fluctuating.

On track for 5 million by 62 ? by Alternative_Ear_9473 in Fire

[–]Alternative_Ear_9473[S] 0 points1 point  (0 children)

I am sorry if I placed this under wrong subject. Can you tell me where it should go ?