The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / FIRE Wannabees

URL:  http://boards.fool.com/i-really-have-no-prediction-of-when-we-will-fire-25000411.aspx

Subject:  Re: 2006 FIRE Update Date:  1/4/2007  10:04 PM
Author:  bighairymike Number:  3945 of 5087

I really have no prediction of when we will FIRE. It now appears that 10NW/AI won't be enough as I have a son now at age 1, and possibly another in the future. My goal is still at age 40, 8 years from now, which at 11% stock market returns would put us at ~16 NW/AI, a comfortable retirement.
--
whyohwhyoh


I am going to pick on this metric a little bit. I don't intend to be critical or contentious but in the spirit of helping a fellow Fool, I want to give you some things to think about. First of all, you are to be commended for having a pla