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If you have 54k invested with a potential return of 12% a year...

IMHO, this is too big of an assumption. Is it doable, probably, but I would stick with a more conservative 8-10% return.

As far as the rest of the thread talking about expensive vacations. It is a balancing act, enjoying yourself now while saving for the future. As long as you are happy with when you can retire, I say keep taking the vacations, live a little now. Life is a journey not a destination, blah, blah, blah.

Food for thought. Hopefully you'll be getting pay raises in the future. Decide now that you'll save 30-50% of your future pay raises.

JLC
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