Hi guys, first post on the site after reading many many threads and posts and articles and am thankful for reading all the knowledgeable replies on these message boards.
Im 32 earning around 100k pre tax
partner earns around 30 -40k pretax
No personal debt
No mortgage and own house of residence worth 350k
Since mortgage is paid off have been salary sacrificing 5.88% pretax with 5% company match.
I have around 65k cash,
super of around 70k
non super portfolio of around 40k
this consists of around 12k in vanguard int share fund, argo investments, telstra among a couple others.
im trying to build up my super balance to fund retirement from 65 to 85 given the lower tax environment and years to compound my returns.
however i am trying to build up my non super portfolio to have enough funds to retire at age 50 so these funds can satisfy my lifestyle from age 50 to 65 or 70 depending when and how the government will change the goal posts for accessing super!
I hope to reach 100k in the vanguard int fund and then close it and open in a wholesale account with lower fees similar to etf ratio's within the next 3 to 5 years.
I see alot of posts about etf's however as i already hold argo wondering if getting into a couple micro cap, and mid cap's alongside argo would be beneficial instead of holding all the market with vas.
im thinking BKI, mirrabooka, cadence etc etc.
also our living expenses come to around 15 to 20k per year so plenty of opportunities to save and invest for the next 5 years before we contemplate starting a family.
sorry for the long post guys! any hints or tips would be greatly appreciated!