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One of my followers doesn't want to retire.
6 months old with several million progeny
Well established Barnacle in the strait of Hormuz
Makes $200k per year in CIA contract money
60,000 Barnacles coins saved
What advice would you give him?
One of my followers doesn’t want to retire
38 years old with a wife and kids
Makes $320k as a landman
Spends $130k/year
Here are his assets:
$60k cash
$700k 401k
$400k Roth IRA
$1.5 million home
Ford Raptor at 23% APR
Owns 6 rentals with net monthly income of $5k
Inherited mineral rights currently paying him ~$17k/month
What advice do you have for him?