We already covered that our retirement “magic number” is $3,600,000; our “Armageddon Retirement Goal”. To get to that figure, we need to maximize my 401k and both of our Roth IRAs for 26 years… That’s a tall order considering we have only done two of those things in the same year ONCE, and never all three things. Can we really … Read More
It’s important to set goals for yourself in anything you do. Whether you want to learn a new language, become a great cook, or set aside a large sum of money for retirement, you can set goals along the way to keep yourself motivated and make the larger goal more approachable.
Breakdown Your Main Goal
Developing our goal
One of the best things you can do to successfully save for retirement is to write down your goals and continually re-evaluate and reassess those goals and your plan. This blog is one of the ways I hope to keep track of my goals and their progress.
We estimate that we can live off of $55,000/yr in … Read More
In The Beginning
Every future millionaire started somewhere, for me that somewhere was back in 1999 when my grandfather died.
In 1999 my grandfather passed away and left me and my brother ~$2,000. My dad introduced us to the stock market and told us to each pick a company and we could invest the money in it. My brother picked … Read More