My wife and I recently started our professional careers and want to save the right amount but also travel and enjoy life while we are young. Our current combined income is 271k before taxes however as years go by promotions are likely which will increase our income. We were blessed enough to be given a financial account worth currently 100k with solid 8% growth over 10 years and is projected if it stays at 8% to be around 2.2million by the age of 65. How much in retirement and investments should we have by the time we retire in our 60s?
Our starter house is already paid off and valued currently at 205k but we will upgrade when we can pay cash for a house we plan to retire in. We also paid off school debt and currently are debt free.
Submitted April 02, 2018 at 07:15AM by Eggoyourgreggo https://ift.tt/2Gr4v4P