So I work for an RIA and I interview perspective clients and learn about them to find out if we would be a good fit for each other. I want to tell you about this couple I met.
Early 60s, worked for 30 years in the school district, with two grown kids (in their early 30s), and ready to retire next year.
Their first job paid them around $10k / year and Their current joint income is around $160k per year as W2 employees.
They will retire with $45k per year in pension (for EACH) + $30K Per year in Social Security benefits (for EACH).
Both of their kids had higher education without any student Loan debt.
They have #1.5 Mill in investable assets that they were able to save over the last 30 years AND have over $2 Mill in real estate assets.
Zero debt
Talk about a successful financial well-being. They did everything right. It's not about what we earn, it's about what we save & what we do with it.
Submitted September 18, 2019 at 10:30PM by FCareC https://ift.tt/2LFokGG
