I'm not a complete moron because I do realize how irresponsible I've been the last 20 years. Between a serious drug problem in my 20s, and then using a lot of my income for traveling internationally in my 30s, I am so far behind financially.
Here is where I stand now with a 45k a year job with no degree.
30k in savings
25k in an IRA
No debt
No car payment
1200 a month rent / utilities
85 dollar cell phone bill ( I know it can be cheaper but I have reasons for wanting it)
no wife and no kids
*** my father is always saying I need over a million dollars to just retire but I know it's not possible because of how bad I screwed up.
** Aside from maxing out an IRA, and investing most of it in the s and p 500, is there anything else I should be trying to take advantage of for my future self? I am hesitant to go into debt for a degree and have taken steps to transition into IT with certifications hopefully. I just feel so far behind everyone else and I have nothing to show for it.
Submitted February 11, 2021 at 07:30PM by kobe_durden https://ift.tt/3jHbOpf
