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A few mornings ago, I read a short post referencing Investopedia’s recent article on How Much You Need to Retire at 56.
As an avid reader and consumer of dozens of personal finance and retirement articles and blog posts per day, the title piqued my interest, having recently celebrated my forty-ninth birthday and being a long-time hard-working worker bee for various local units of government.
Six years from this November, God willing, I will celebrate my own fifty-sixth birthday. My son will be twenty-eight years old and will likely hold at least a master’s degree by that time and will be some combination of professional musician and educator. My daughter will be twenty-three and well on her way to becoming successful in her own right. She is more driven than my son to pursue a career in a STEM field and has been a high achiever since the day she was born.
As for me, I do not know exactly where late 2026 will find me.
In my dream scenario, I would have a healthy and wide-ranging variety of income streams making their way into our bank accounts. Ideally, it would be comparable to or even surpass the income that I currently make by trading many hours for dollars.
As I often do, I scrolled through the comments section, partly in the hope of picking up some valuable nuggets of wisdom including…
