I am currently 42 years old and want to retire when I’m 55. Currently live in a somewhat expensive city (Chicago) and live pretty comfortably. I max out 401k each year, do a back door Roth each year, and have some other other investments from a company profit sharing plan. Also half of home is paid off and have really low 30 year fixed. I want to live here half the year and buy a second home somewhere warm. Would consider renting out both places when not using the other. I get that these are not exact parameters to work with but should give an idea of current and desired lifestyle. So would like to hear some honest assessments and opinions of how much BTC will I need to retire in 13 years when I am 55? A) 1 or less? B) 2 C) 3 D) 4 E ) 5 F ) btw 5-10 G) > 10 Finally—I get that there is no way to know and this isn’t financial advice, meant to be fun and it’s fun to dream about retirement lol
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