So my wife and I have our own home now, two daughters under 2 years old and a rental property, kiwisavers ticking along and index funds building up each month we get our paycheck.
Mortgages getting paid down, index funds going up (albeit zig zagging) and working out calaculations we have around 11-12 years based on current savings/spending rates to hit that magic 4% withdrawal/25x expenses figure in order to not have to work ever again.
We are mid 30s and feel like that's a long grind in my corporate and her part time positions to reach this goal.
How have others managed to stay the course for this length of time? Any tips?
Mortgages getting paid down, index funds going up (albeit zig zagging) and working out calaculations we have around 11-12 years based on current savings/spending rates to hit that magic 4% withdrawal/25x expenses figure in order to not have to work ever again.
We are mid 30s and feel like that's a long grind in my corporate and her part time positions to reach this goal.
How have others managed to stay the course for this length of time? Any tips?
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