Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
hola amigos
Old 01-09-2007, 10:18 PM   #1
Thinks s/he gets paid by the post
bright eyed's Avatar
 
Join Date: Jan 2007
Posts: 1,891
hola amigos

hello everyone,

just thought i would say hello and thanks for all the generous and interesting advice! I came here seeking help for my friend and I am definitely winning out with help for myself and family .

i definitely have a lot of reading (books, archives here!) to do, but feel good about our commitment to do our best with our finances.

Neither my DH nor I come from any money, our parents are hard working class immigrants (well, mine are more middle class(highly in debt) hard working) and we are second generation kids trying to take the next step for our kids .

I'm 30 and DH is 37, we have 3 kids - 16 year old (my stepson, i wasn't that fun in high school), baby and preschooler. Aaand we live in california, so RE for me looks like 66.5 versus 67.5! aaand i work in nonprofit!

FIRE is definitely something we would LOVE and hope to achieve, but those darn lottery tickets keep failing us so we'll have to try something else.

i figure i better surround myself with savers then spenders, so i'm turning off the ebay/amazon and turning on this forum!
__________________

__________________
If i think of something clever to say, i'll put it here...
bright eyed is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: hola amigos
Old 01-09-2007, 10:38 PM   #2
Thinks s/he gets paid by the post
 
Join Date: Jul 2003
Location: Pasadena CA
Posts: 2,673
Re: hola amigos

Welcome. Although the pay at most non profits is not great some of them do have good retirement plans, how is yours?

Yakers, southern cal fellow, wife retired in 06 and I expect to soon follow....
__________________

__________________
T.S. Eliot:
Old men ought to be explorers
yakers is offline   Reply With Quote
Re: hola amigos
Old 01-09-2007, 11:29 PM   #3
Thinks s/he gets paid by the post
Helen's Avatar
 
Join Date: Oct 2004
Location: Portland
Posts: 1,289
Re: hola amigos

Hola !

Do you have a plan yet in place to get you to FIRE ? What books have you read so far ?

There is a ton of information out there. After reading and studying and surfing I've decided to keep it as simple as possible.

I also put together a spreadsheet of retirement savings by accounts and by the year. If I stay on track I should be able to bail from the workforce at age 56. The spreadsheet is my road map and it keeps me from having to reinvent the wheel each year.

Best of luck,

-helen
__________________
Helen is offline   Reply With Quote
Re: hola amigos
Old 01-10-2007, 08:12 PM   #4
Thinks s/he gets paid by the post
bright eyed's Avatar
 
Join Date: Jan 2007
Posts: 1,891
Re: hola amigos

oooh i 'm just beginning to try to understand. only thing i have done so far is increase my retirement 403b every time i get a bonus or raise, so i started off contributing $25 a paycheck (every 2 weeks) 6 years ago, and now i put in $350 a paycheck :P. but aim to max out in the next year or so.

i need to read a lot more, i only have investing for dummies and have only thumbed through a few sections. i have pulled the lists people have mentioned here and will get started. it's tough to read at all though, with two little kids and working full time! so i'll see how i can squeeze it in.

my non profit pays well compared to others, and we just started the 4% match, so that's nice too. a big deciding factor will be how well my DH's job goes, he started at a new dealership (service side not sales) and they really have the potential to double or triple their current business so he is skating through right now, but things might look greener in a year or two.

like i've said before, we're also squeezed out of the insane housing market around here, and i refuse to live in the boonies or extend DH's commute even more, so we're planning to invest what we would pay in a decent sized mortgage in the hopes of owning a house later down the road.

everyone has already been so generous with their thoughts and advice, i'm so glad i found a place to share my ideas and get informed feedback.
__________________
If i think of something clever to say, i'll put it here...
bright eyed is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 06:07 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.