Erik .....an exercise for any interested readersThe is nothing for anybody to gain from what I would regard as an undesirable intrusion of my privacy.For comprison purposes I will simply mention that the Royal Bank of Canada, which advises on retirement planning, uses a rule-of-thumb that to be worry-free net assets should exceed 20 times living expenses on Retirement Day. Access to 'pension income' of course changes the formula accordingly. 8 years from calculating out the plan to living it, eh? Sounds like quite a challenging goal to meet.The first 3 'stepping stones' are well-known and even accepted by the so-called experts; and the earlier in life that one gets started the less onerous is the commitment.1. Avoid consumer debt. There is little other than a mortgage, education, or for investment purposes which I would call "good debt".2. Pay yourself first. A portion of every dollar passing through one's hands absolutely has to be set aside for saving/investment.3. Avoid catastrophic losses. Every investment carries some level of risk and imo requires an 'exit plan' before it is made.Best 'o' luckWayne
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