Hello, my name is Rene, Im a latin guy trying to get the early retirement but I have a lot of questions and I know you guys could you give me advices.
I have a job where I make 35k gross annual but I think I can save 20k-25k for year and I was thinking to contribute 50% on my roth 401k and 5,500 in my roth ira and maybe get to 250k or 300k between both accounts, quit my job and joint my 2 accounts in one, I just need like 12k per year to live a simple and happy life, but I read that I just take money from my contributions until 59 1/2 so maybe that plan won't work, maybe I should just put 5% to my 401k thats the match from my employer and put my money on a brokerage account and roth ira so I can take 12k every year?
I dont have debts, I paid off my car but a rent a apartment, maybe I could save and buy a condom here on Las Vegas for 50k I don't need a big house.
please could you help me to make a plan.
I started to save money this year and I just have 3k on my roth ira, 3k on my roth 401k and like 2k cash.
sorry for my bad English I just have 5 years in USA.