How are we financially doing?

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anonymous

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Making 150 as a rep here with commission. Have 800,000 home in a city, wife pulling in about 200. We have 3.5 saved for retirement and in our early 50s. We want to quit in about 5 years. Our 2 kids know they are going to have to pay for college on their own as we did.and they're starting next year (first one then the next one goes after) So it's public school and the cream rises to the top so they will figure out how to do it. We'lll help with incidentals of course, phone etc, some housing. The big problem is the health insurance component before Medicare Maybe we'll have 4 mil in next 5 years, but not sure. Any feedback?
 






anonymous said:
Making 150 as a rep here with commission. Have 800,000 home in a city, wife pulling in about 200. We have 3.5 saved for retirement and in our early 50s. We want to quit in about 5 years. Our 2 kids know they are going to have to pay for college on their own as we did.and they're starting next year (first one then the next one goes after) So it's public school and the cream rises to the top so they will figure out how to do it. We'lll help with incidentals of course, phone etc, some housing. The big problem is the health insurance component before Medicare Maybe we'll have 4 mil in next 5 years, but not sure. Any feedback?
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The feedback is you are a tool...thanks for sharing though dip shit
 






anonymous said:
Making 150 as a rep here with commission. Have 800,000 home in a city, wife pulling in about 200. We have 3.5 saved for retirement and in our early 50s. We want to quit in about 5 years. Our 2 kids know they are going to have to pay for college on their own as we did.and they're starting next year (first one then the next one goes after) So it's public school and the cream rises to the top so they will figure out how to do it. We'lll help with incidentals of course, phone etc, some housing. The big problem is the health insurance component before Medicare Maybe we'll have 4 mil in next 5 years, but not sure. Any feedback?
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No one likes a bragger.
And no one believes what they read on an anonymous post on the Internet - especially posts like this.

If your kids are going off to college, you might want to downsize and move to a smaller home. And not fully retire, but maybe switch to part time work.

My advice is to post your questions on a Financial Independance/Retire Early (FIRE) site like Mr. Money Mustache.
 


















anonymous said:
Making 150 as a rep here with commission. Have 800,000 home in a city, wife pulling in about 200. We have 3.5 saved for retirement and in our early 50s. We want to quit in about 5 years. Our 2 kids know they are going to have to pay for college on their own as we did.and they're starting next year (first one then the next one goes after) So it's public school and the cream rises to the top so they will figure out how to do it. We'lll help with incidentals of course, phone etc, some housing. The big problem is the health insurance component before Medicare Maybe we'll have 4 mil in next 5 years, but not sure. Any feedback?
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You have that kind of income and cash saved and you are telling your kids "they are on their own for college?" I guess you're hiding your money and hope the government comes through for them with aid and loans.

Shame on you!
 






52 here, 2.3 million and will quit at 55 as I'm in a less expensive state. Stop whim shopping ladies and getting pedi's every 2 weeks and drinking expensive teas at the mall!
 






























anonymous said:
That’s pathetic. You should be ashamed of yourself.
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How is it pathetic? It’s the most realistic statement I’ve seen in this thread! And when you look around at drug reps at meetings with their expensive shoes and purses you will realize many don’t know the first thing about investing! Most don’t even max out their 401Ks and don’t even know the 401K max number for someone under 50 and for someone over 50. Just test them and you will be enlightened!
 






anonymous said:
How is it pathetic? It’s the most realistic statement I’ve seen in this thread! And when you look around at drug reps at meetings with their expensive shoes and purses you will realize many don’t know the first thing about investing! Most don’t even max out their 401Ks and don’t even know the 401K max number for someone under 50 and for someone over 50. Just test them and you will be enlightened!
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You need to get enlightened before you chastise others. I wouldn’t feel “pretty darn good” if I were you. You’ve got lots of work to do!!!!
 






anonymous said:
You need to get enlightened before you chastise others. I wouldn’t feel “pretty darn good” if I were you. You’ve got lots of work to do!!!!
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The poster didn’t say he felt pretty darn good at all? Stop lying. This is the Cafepharma site. If you want financial advice, go to Mr Money Mustache.
 












You’re a selfish douchebag. How are your kids gonna pay for college on their own? You are CLUELESS. Of course you have so much money in savings jerk off! I put 2 kids thru private college (over 60k yr each). They still had skin in the game as I paid 75% of it.
I’m guessing you are from the south where the schools suck and you can get a diploma for less than 15k a year. If I’m wrong then PLEASE tell me how an 18yr old can pay for school?
Oh and btw, both of my kids went to very good schools in the Northeast and they both make over 100k a year less than 2 years after they graduated.
That’s what parenting is all about...taking care of your children before yourself you selfish fu*ckhead.
 






How am I doing financially?

I am 51 and make a gajillion dollars per year. My spouse makes one gazillion per year.
Our house in Bunnyland is worth 2 bizillion.

Our retirement accounts are invested all in Bitcoin.
Our 2 kids want to attend private colleges on Mars.

Do you think we can pay for their college educations and retire to yatagoniamo in 6 years?
 






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