I think she'll like smoothies first thing in the morning. I was thinking about oats, but tofu has so much iron and no flavor, seems perfect. I plan to make it the night before, store in a glass jar and just shake it up and put it in her cup in the morning. Any tips or ideas?
I'm 41, husband is 53, baby is 8 months old. Combined IRAs: 430,000. Brokerage account: 400,000. House worth 400,000 paid off, property worth 220,000 paid off, and no debt. In the next 1.5 years, we will save 80,000.
We plan to sell the property and house and buy a house in Greece (500,000). Cost of living (according to the internet) is 20,000 - 30,000 with a paid off home.
The plan is to go over in 1.5 years with 80,000 in a money market account and about 520,000 in the brokerage (SCHD) account. I think we will make about 10,000 off dividends and pull 20 from savings year 1. Year two, etc, similar but a tad less from savings. We do this for 4 years until my husband turns 60 and we can access the IRAs. At that point, IRA should be at 850,000 ish. We live off of IRA SCHD at 50,000 per year for 7 years and reinvest dividends in brokerage. When husband is 67 we get social security (~5000/month). After that, we can live off of the brokerage
Does this seem like it will work? Cost of living in the town we want to live in is so cheap, it seems to make sense. 50,000 / year covers 3 trips per year. We will work hard to learn the language and become citizens in year 7 (and be covered with respect to healthcare).
What are we missing?