Goals and Strategies

Website Mission

To document my journey towards taking control of my financial future and achieving my life goals.

Pre-Retirement Goals

  • Passive income equal to 57% of annual expenses by Age 53
  • Grow passive income 12.5% annually until age 60

Retirement Goals

Passive income equal to 115% of annual expenses by Age 60

By age 60 have a CD ladder as follows:

  • 6 month CD - 8% of expenses
  • 12 month CD – 8% of expenses
  • 18 month CD – 9% of expenses
  • 24 month CD – 9% of expenses
  • 36 month CD – 18% of expenses
  • 48 month CD – 18% of expenses

Buy a retirement home in a warmer climate

  • Use total return investing strategy to meet purchase goal
  • Mild winters (average winter temps near 30F or higher)
  • Good soil environment for gardening
  • Located within 10 miles of a lake with good fishing
  • Hospital is no more than 20 minutes away
  • Safe area for taking long walks

Enough retirement income to support a retirement lifestyle for:

  • Gardening
  • Fishing
  • Coin Collecting
  • Reading (self-education and entertainment)
  • Maintaining website(s)
  • Going out to eat twice a week
  • Traveling to see family and friends minimum of 6 times a year
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