it hit me while walking the dogs.After the market action in the jar couple weeks my investments have hit a major milestone. Kinda of stunned it happened so quick. I'm sure it will be fine next week, but FI is calling!
Like Oz I plan on adding 25k of Bonds for years to come to provide a good bond cushion. Current bond choices in the market are poor - gotta be creative. Also moving a significant chunks to crypto stablecoin places to catch 9% interest they are giving.
ETA- 401k maximum raised to 20.5k next year. Every bit helps.
If I retire at 55 and take a deferred civilian pension, I have 5 years of gap to cover not having the civilian pension. That’s roughly $1400-1700 monthly to cover. Let’s call it $20k annual. 5 years, that’s $100k. Of course the federal pension is inflation adjusted (imperfectly but it does increase with inflation), as are I bonds. Use the other $100k for down payment on a cottage (or use the VA loan and buy a boat).
we have other investments but I bonds seem a good replacement for the pension.
So that pretty much settles the fixed income portion of our finances and provides an adequate floor, if the house were paid off we’d be able to live quite comfortably just on the safety net.
just some thoughts, not sure if this thinking helps anyone else.