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Rising Star
Absolutely... if by S&P500 you mean Bitcoin.
Pro
Sure unless you’re already 50
Depends on where you are, how many more earning years you have, how much you want to live off of in retirement, etc.
But sure, it’s possible
Rising Star
Where do you live? What are your fixed expenses? What is your needed income in retirement?
Adding to this:
1) Plan out a passive cash flow strategy to make sure you can at least cover your basic monthly costs. This will prevent you from eating into your portfolio after age 50 and you would be able to fully retire.
2) Make sure to max HSA and Roth IRA each year - HSA grows tax free and you’ll have a sizable fund to cover increasing medical expenses. Roth IRA allows you to take the principal out at any time if you have a financial gap from age 50 to 59.5 (when you start receiving your retirement paychecks) so this could be a good Plan B.
3) Mental and physical health are the key factors to a long healthy retirement. Make sure to find a purpose you can plan around to spend your excess time on and plan to be around your loved ones by then
Unlikely. That $125k/year is going to look weaker and weaker as the years go by.
Chief
Easily