I’m just curious - what is the reason for the $10 million goal in 10 years? Do you want to leave a small fortune to your cousin and friends? It sounds like your spending will be covered by pension snd SS.Op
I retired 2021 with 2.69 million, at 64 now and portfolio is currently at 3.4 million, my AA is 98/2, my goal is to get to 10 million in 10 years.
I'm single, no children and plan to leave my estate to a cousin and two friends.
Here is my performance numbers
1 year $789,540.57 at 29.1%
3 year $908,023.75 10.5%
5 year $1,356,723.57 at 13.6%
10 year $1,513,708.97 at 11.9%
Beginning balance $2,761,306.99
Deposits & withdrawals -$77,085.21
Ending balance $3,473,762.35
retired in 2021 at 61, pension 66K a year, not collecting SSA until 70
VOO 43.89%, VGT 33.81%, AAPL 14.03%, NVDA 5.74% and 2.5% cash, 42% of portfolio is pretax, 51% portfolio is Roth, remainder is of Inherited IRA and taxable account with 2% cash.
I have the ability, wiliness and the need to take the risk.
My 66K pension covers all expenses and I plan to apply SSA at 70, that is projected to come in 48K a year, 66+48=$114k income, not including dividends.
Statistics: Posted by JBTX — Wed Jan 08, 2025 4:02 pm