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Rave-Unicorn-Votive t1_jaeuqni wrote

Reply to comment by workingforgoldie in Are we on track to retire early? 30 + 33 SoCal currently setting aside 28k per year. by workingforgoldie

You could. Some people prefer the dedicated retirement savings rather than the house-as-retirement savings but if you go into it understanding you need to sell the house to access the money I think that's a better way to approach it than the more common "but we won't have a house payment in retirement" strategy.

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workingforgoldie OP t1_jaezm7l wrote

Thank you. So what I got from all of this is to not focus on both a house and retirement. One or the other.

Now I need to research the house + sell for retirement approach. If that is feasible, that would save us a lot of stress moving every few years. That alone might be worth the trade off of a few years of retirement. Gotta think about it more.

One more thing I was thinking of while changing my 401k contribution - if I put everything in my 401k, I won't be able to pull anything out until 59.5. In that situation wouldn't I want to have some in non-tax-advantaged investments if I wanted to retire early? Unless I just retire at 59.5+. Which might be the case due to income anyway.

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