04-04-2024, 12:21 PM
(This post was last modified: 04-04-2024, 12:41 PM by ken-do-nim.)
I am pretty darn sure you will easily get to $6M in 6 years. The only thing holding you back may be your Tesla purchases. Otherwise, I believe from previous posts you are somewhere around $3M now, possibly $3.5M. I am going to wager that you have an average annual performance rate of 30% or higher, but let's be conservative and use 25%. Plugging into my handy dandy investment calculator $3M @ 25%/year gives $11.4M in 6 years. In fact, let me compute what the minimum average annual performance you'd need ... just 13%. If you are at $3.5M now, you only need to average 10%. And that's with no new money added.
For me, I have an autistic son living in the group home system who is 20 and a mother who is 78. Moving would entail coordinating with my ex-wife to bring my son along, and I don't want to abandon my aging mother. So staying in Mass is probably what's going to happen. But gosh, I went on a vacation to Estes Park in Colorado once and I love it there.
Hawaii is great as a vacation destination; I think it would get old as a permanent residence. When I took the flight from Boston to Hawaii, I spoke to the people next to me on the plane. They were from Hawaii, and coming to Boston for vacation. I asked why would you leave paradise to come to Boston? They kind of rolled their eyes
For me, I have an autistic son living in the group home system who is 20 and a mother who is 78. Moving would entail coordinating with my ex-wife to bring my son along, and I don't want to abandon my aging mother. So staying in Mass is probably what's going to happen. But gosh, I went on a vacation to Estes Park in Colorado once and I love it there.
Hawaii is great as a vacation destination; I think it would get old as a permanent residence. When I took the flight from Boston to Hawaii, I spoke to the people next to me on the plane. They were from Hawaii, and coming to Boston for vacation. I asked why would you leave paradise to come to Boston? They kind of rolled their eyes