I have decided to retire at an early age of 44, after achieving a net worth of $1.7m. I have an investment portfolio which gives me an annual income of $50k pa. My wife, 42, has a net worth of $0.6m and she is still working, earning $110k pa. With a combined income of $160k pa and combined net worth of $2.3m, we believe we are doing quite ok for our age. Not fantastic, but decent enough.

We hope to reduce our expenditure from $100k pa to $80k pa, so that we can save $80k pa. We hope to save $1.6m over the next 20 years and we estimate our investment portfolio and net worth would grow steadily in value over the 20 year period. We hope to achieve a combined net worth of $6m by 2033.