tag:blogger.com,1999:blog-6808344917087970811.post3225428873515394781..comments2017-06-12T23:03:13.484-07:00Comments on The Road Not Chosen: Retirement GoalElizabethhttp://www.blogger.com/profile/02276360415386314694noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6808344917087970811.post-7721809395499448692013-08-28T06:58:09.295-07:002013-08-28T06:58:09.295-07:00Yes, I am a Mustachian and proud of it : - ).
A...Yes, I am a Mustachian and proud of it : - ). <br /><br />Age is 23 so about 17 years to go until the big 40. My current RRSP/LIRRSP amount is about $23,000, with $359 a month being added. Once my house is paid off (4 years and 3 months) I'll be able to boost my savings to at least $2,000 a month. At an interest rate of 7% given my current portfolio distribution. <br /><br />Most of my savings will be in RRSP/TFSA but will inevitable spill over into non-sheltered funds. Elizabethhttps://www.blogger.com/profile/02276360415386314694noreply@blogger.comtag:blogger.com,1999:blog-6808344917087970811.post-19012059060308667402013-08-28T06:44:18.748-07:002013-08-28T06:44:18.748-07:00Sounds like a great goal, and very Mustachian of y...Sounds like a great goal, and very Mustachian of you (or any of the other early-retirement/financial independent bloggers). <br /><br />It seems steep - I am assuming you're around 25-30, so 10-15 years to get up to $600k would be 40 - 60k per year, not including investment growth. And then you have to think about where you put your investments if you intend to retire early because you don't want tax penalties. <br /><br />I'm looking forward to seeing how this goal progresses. Aliciahttps://www.blogger.com/profile/04034795795385181644noreply@blogger.com