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Trying to Gain Ground
Old 08-11-2010, 04:40 PM   #1
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Trying to Gain Ground

I've been lurking around the site for awhile trying to determine what I want to do when I grow up. At this point my DW and I are ready to get serious about ER. However, like everybody else the last few years have not helped much. Our net worth is virtually the same as two years ago. I guess we're lucky that our investments have been pretty conservative (45/40/15 - stock,bond,cash). Still employed and survived my wife's layoff and new job last year. We're able to save quite a bit each month and hope to pull ahead at some point. We;re 54/53 years and the kids are through college and the houses are paid off. My pension was frozen back in '94 and will only provide about $600 in retirement. I look forward to the advice and interacting with the members of this board.
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Old 08-11-2010, 05:12 PM   #2
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fixfirev5, welcome to the forum! Two incomes and the kids out of college, no mortgage -- it sounds like you're in a great position for some serious saving. I hope that will get you to FIRE as quickly as possible. As soon as Foxfire version 5?

Again, welcome!

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Old 08-11-2010, 05:23 PM   #3
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Coach, thanks for the encouraging words. As far as the foxfire version 5 goes - we're not that high tech. It was our old family nickname.
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Old 08-11-2010, 06:38 PM   #4
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Welcome to the forum! You're in your highest saving years - without the mortgage and child raising expenses. So, hopefully, you'll find your portfolio gaining in leaps and bounds. All the best.
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Old 08-12-2010, 05:43 PM   #5
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Welcome ! My wife and I are about the same age as you (55/52). Still got a mortgage and still have one in high school (senior). However, thinking real hard about FIRE.
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