RE:general stock comment
thanks for the free tutorial on DIY investing in retirement. I know there are a lot of factors but I'll ask anyway. My wife just started her psychology practice two months ago and we are now entering a stage of life where we will have extra cash, so we are currently setting our goals to 1) eliminate primary mortgage debt and 2) build our best egg up to the levels we wish to retire on.
My question is, using a similar strategy that you use, would you consider a $2 million nest egg target to be able to produce $125,000 retirement income reliably through market turbulence?
Also, is there a tax benefit to paying early inheritance? I currently know a few older guys that are structuring their inheritance and would be interested to hearing ideas how best to pass on their wealth. Thanks in advance for sharing, I really appreciate hearing how experienced people are handling their investment strategy.