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Old 04-06-2009, 04:01 PM   #21
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I figure if I'm lucky I have another..oh say... 30-35 years. I'd love to retire at 55 but probably more like 60 if even then. I'm really trying to get a jump start on retirement savings.


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Old 04-06-2009, 08:35 PM   #22
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Quote:
Originally Posted by IrregularPulse View Post
I'm really trying to get a jump start on retirement savings.
Fortunately, I have a state pension. Not a huge amount of $, but excellent health bennies. Knowing that our income would drop, we concentrated on eliminating payments: mortgage, car, college and invested a modest amount in TDA's/401K. Right now, that looks like an excellent strategy as our retirement investments are down about 35%, but mortgage is paid, no college loans. When we had a little extra, we would add it to the monthly mortgage payment. YMMV
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Old 04-07-2009, 01:01 PM   #23
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Yeah I can't wait till our student loans are paid off. But it's a small price to pay to be able to have a job that enables those payments to be a small price to pay And then of course the mortgage that will never go away. Only about 3.5 years into it.


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