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Updated over 3 years ago,

User Stats

28
Posts
5
Votes
David Banker
  • Rental Property Investor
  • Algonquin, IL
5
Votes |
28
Posts

Flight path to FI question

David Banker
  • Rental Property Investor
  • Algonquin, IL
Posted

I am attempting to lay out my financial path to semi-retirement (i.e. leaving my current w2 for something less time consuming/more enjoyable) within 10 years or less.

I can identify my family's spending now and what I project after semi-retirement, which I have done for the most part BUT that part of working backward and laying out milestones to achieve x number of properties or cash flow or equity, all the while maintaining a proper amount of contribution in my workplace retirement plan and other tax adv/def approaches.

I imagine i'd need a tax resource and a financial advisory resource, both of whom are knowledgeable on the notion of 1) real estate and 2) retirement planning before traditional age. Can I find a pro on BP who is an expert in both? Am I thinking about this corectly? I understand that I could also just go-go-go and build as quickly as possible, but I still feel it is wise to know what my lifestyle goals are and a logical path to getting there.

Thank you all in advance for any guidance or advice!

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