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05-04-2013, 08:34 PM
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#1
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Dryer sheet aficionado
Join Date: May 2013
Posts: 36
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New Here
Hello All,
New to the forum, have been lurking for some time and thought Id introduce myself. 38 YO married, father of two. DW and I both work and are both contributing to our respective 401k and 403b. We both have a ROTH which we have recently started. Our ongoing goal is to continue contributing to our children's 529 plans, our oldest is 14 and our youngest is 11. Both great students, principal's list and high honor roll, so we are hoping that his continues and it gets them some sort of scholarships.
Our goal is to retire at 60 and but we feel that we are running a bit behind. between the two of us we have 150k in retirement investment and not much more in savings. (6 months emergency fund) I say all that to say that we are grateful to the Almighty for what we have. When we first met 15 year ago our goals were much different but we do what we can with what we have. Thanks all for all the great info.
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05-04-2013, 08:41 PM
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#2
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Recycles dryer sheets
Join Date: Mar 2013
Location: San Antonio
Posts: 143
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Welcome Katwillny!
You have a good deal more saved than the majority of the country, being here will help you stay motivated and get you further down the road.
Best of luck from a fellow new member!
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05-04-2013, 08:41 PM
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#3
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 34,809
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Welcome and keep up the good work. Slow and steady wins the race.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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05-04-2013, 09:02 PM
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#4
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Dryer sheet aficionado
Join Date: May 2013
Posts: 36
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Thanks for the words of encouragement. We are very focused over the last year and have made great strides in becoming financially independent. We have paid off all of our consumer debt including our vehicles. We are in the process of refinancing our home to take advantages of the low rates. 15 year fixed mortgage to hopefully pay in 10. We have pretty stable jobs, she is a RN and I am a sysad. We just broke the $100K barrier so we are excited about that.
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05-04-2013, 09:13 PM
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#5
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Thinks s/he gets paid by the post
Join Date: Nov 2012
Location: Madeira Beach Fl
Posts: 1,403
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Welcome to the forum, try to keep the car and car insurances expenses under control in two years.
__________________
_______________________________________________
"A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do" --Bob Dylan.
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05-04-2013, 09:24 PM
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#6
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Dryer sheet aficionado
Join Date: May 2013
Posts: 36
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 Quote:
Originally Posted by heeyy_joe
Welcome to the forum, try to keep the car and car insurances expenses under control in two years.
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Explain please? Our cars are fairly new and we do not intend to purchase new ones. Our rates are fairly low for NY. thanks for the reply
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05-04-2013, 09:46 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Nov 2012
Location: Madeira Beach Fl
Posts: 1,403
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Quote:
Originally Posted by katwillny
Explain please? Our cars are fairly new and we do not intend to purchase new ones. Our rates are fairly low for NY. thanks for the reply
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Uh, that 14 year old will be 16 and will want his own wheels!
__________________
_______________________________________________
"A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do" --Bob Dylan.
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05-04-2013, 09:50 PM
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#8
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Dryer sheet aficionado
Join Date: May 2013
Posts: 36
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Quote:
Originally Posted by heeyy_joe
Uh, that 14 year old will be 16 and will want his own wheels!
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Indeed. Hard to believe but true.
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