I'm 44 years old, married, one child... middle class, Central NJ
$125K in annual salary
$40K in Stock options this year
$30K in BOA savings account
$20K Wife IRA CD
$150K in my 401K, 100% in PTTRX
- 4.5% max - employer match
On year 12 of a 15 year $150K mortgage @ 5%, current value $225-$250K
Son heading off to college, looking at contributing $20K a year over the next 4 years, the rest is on him...
no car payments or credit card debt
My problem, I dont have a plan... I'm realizing, I'm almost 44 and I'm not getting any younger. I have no plans of retiring, as long as my health holds up, but I think it would be smart to know that I could retire before 60 if I had to... We'd like to move out of the northeast but because my job is pretty good and because we are in the sweet spot in our mortgage, we are hesitant. Is there a boiler plate plan for someone like me?