r/Fire•
Swacoo

Please help me understand If I am on right track.

We are 32M and 30F years old. Our current gross is $335K. We are blessed with two kids and we have been putting away about 3.6K for each kids for college plan. Our net worth is about $1.3M with $1M in market. We have been maxing out 401Ks plus we put away additional $70K annually towards retirement. In total about $120K annual contribution towards fire. If we continue with same pace with 10% compounding (i understand this is not guaranteed) we might end up with $6M by the time we turn 45.

Is my assumption correct? Essentially, we want to be in spot where if we lose jobs after 45, we don't want to be worried. Currently it feels blessing from God to be in this position. To be honest with this community, I can't wait to retire and keep banging my wife passionately.

Posted Sep 11, 2025, 5:04 PM UTC

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