$2,000,000 to Retire

Well, we're starting out with about $45,000.

In order to have $2 mil in 25 years at 8%, we need to invest $21K per year.  If we get higher returns, then great, we can retire even earlier.

Payoff House By 2025

Balance as of 11/23/09  $347,680
Need to pay off an extra $12,000/year

Monthly Budget

$6766 IncomeMandatory Expenses
$2442    House Payment
  $983    Tithing

  $200    Grandma's Loan Payment  
    $90    Life Insurance
    $57    Auto Insurance
  $200    Electric
  $200    Gas
    $85    Water
    $60     Internet
    $90    Cell Phone
 $4407

$2359 Remaining Income
Adjustable Expenses
  $250    Fuel
  $600   Groceries
  $100   Clothing
  $175   Medical
  $300   Misc
$1425

$934  Remaining Income
Discretionary Expenses
    $30    Gym
  $260    Piano
  $644 Savings