So here we are...Income tax return time!!!

[Vteckidd]

I'm waiting for the market to tank again so I can buy up , guns blazing. The govt will never let us fail, they'll just hyper inflate

Owning stocks at 7000 is awesome because we all know its going to 12000 again

If I had more liquid cash I'd buy real estate but I'm holding around 30k backup. Keeping debt low, no house or car payment. Dumping money in aggressive mutual funds, fingers crossed I can parachute out in 10 years with 300-500k

[David88vert]

I'm waiting for the market to tank again so I can buy up , guns blazing. The govt will never let us fail, they'll just hyper inflate

Owning stocks at 7000 is awesome because we all know its going to 12000 again

If I had more liquid cash I'd buy real estate but I'm holding around 30k backup. Keeping debt low, no house or car payment. Dumping money in aggressive mutual funds, fingers crossed I can parachute out in 10 years with 300-500k

Bingo. When the stock market started dropping, I started buying as much as I could afford.
People that started dumping their stocks when it started dropping lost on the market, as they bought high, and sold low. You never want to do that.

$300-500K in the market is not even close enough to retire. Don't forget that inflation will devalue your money. You should target to have 80% annually of your current income available to you when you retire. In other words, if you make $100K now, you want to be able to spend $80K/yr in retirement, and have enough to make it to the end of your life. With the way medicines and lifestyles are lengthening lives, you may want to target pretty old age. My grandmother is 96 and her hair just started to turn grey in the last 2 years, and will easily make 100+.
I'm thinking that you will need closer to $2 mil to be ready to fully retire.