The Retirement Thread

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Tron

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I asked Boner a question about retirement in a different thread. I think we need a retirement thread. It’s never too early to think about not working and enjoying life even more.
 
For Reference
Boner, is $97,000 (gross) a year enough to retire on? The $97K will be paid out as a monthly defined benefit. And let’s say about $150,000-$200,000 in a Roth IRA/457 deferred.

It will cost me roughly $1,000 a month from age 54-65 for health insurance. I want to take two (4 night) trips to Vegas every year, one 3 nighter to New Orleans a year, and one big trip (8-10 nights) a year to different locations throughout the world until about age 75.

I’m not asking the question just to ask the question. I really don’t know.
I also have expensive hobbies like buying guitars, amps, stomp boxes and mountain biking. I want to buy a $4,000 mountain bike within the next 7 years (I purchased my current bike for $1,800 used just to give you a feel for how I blow money). I’m the opposite of a bean counter type. I also will have 19 years left on a mortgage but I will likely sell the house in 9 years and downsize.
 
Tron you got any other investments outside a 401k or Roth? Are you maxing out your Roth each year?
 
I’m stockpiling Ramen noodles for retirement. Shelf life of decades.

My baseball card collection is my stock portfolio.

I’m set
 
Tron you got any other investments outside a 401k or Roth? Are you maxing out your Roth each year?


No I’m not maxing out my Roth by any means and that’s one of my concerns.

I’m only putting $300 a month into Roth/457. I have another 6 years of $20K a year in child support. So I will max out my Roth/457 for the final 3 years of my career.
 
My retirement plan is the Skyway Bridge. Kudos to you guys doing it right.