Quote:
Originally Posted by Unregistered
My wife is now 42, I'm 46. She earns $80k pa while I earn $120k pa. Our family of four lives in a humble D10 condo. We save $45k pa. My net worth is $1.7m while my wife's net worth is $0.8m. Are we doing ok? Can we retire by the time we reach 72? Appreciate the advice of wise men in this forum. Thank you.
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Retiring at 72?? Thats not a target, that's time you should had retired for years...
Sorry to be harsh, imagine you studied and worked for 3/4 of your life (ideally live up to 100 y/o) and your target to retire at 72? What can you do after that, enjoy your life sitting at home? Can you go to fulfill your dreams anymore, touring around the world? This is crazy.. even retiring at age 65 is crazy enough.. How many can make it to 70?