Hi everyone,
I stumbled across this board from JD Roth's blog - Get Rich Slowly. I poked around this morning & decided to join.
I've always been more of the saver, especially for retirement, and long story short, DH has come around in the past year or so. I think it's the hit age 40 thing, and then realize that you only have so many years to start saving & investing.
Anyhow, we will have our 10 year anniversary a week from this Friday, and we do not have any human kids - just 2 of the 4-legged, furry kind that meow. We have 10 months left on our mortgage, and we will own our 2 bedroom townhome outright. My car & student loan will be paid off in January, 2012 and so will our boat & truck. Then we are debt free, baby!
So, then the hard core retirement savings will begin. We have a good base right now with $107,500 in stocks & mutual funds. DH is able to put $500/mo. into his Roth and I can put $100/mo. right now. Once these debts are paid (and the house is paid off) we plan on increasing our contributions significantly.
I have the 'stable' job that provides us with health insurance benefits & DH is self-employed. I would love to be self-employed if only for the flexibility, but due to some pre-existing health conditions, obtaining private health insurance for DH is impossible, unless some type of changes in occur in Washington, but I'm not holding my breath.
I can't tell you exactly our asset allocation. We have a mix of individual stocks (which I hate) and then mutual funds.
My goal is to learn as much as I can from this experienced community, so we can retire before 65. We are planning on 65 but I would like to see us have the ability to do so at 55.
I look forward to meeting everyone & learning from each of you.
Thanks!
Jan
I stumbled across this board from JD Roth's blog - Get Rich Slowly. I poked around this morning & decided to join.
I've always been more of the saver, especially for retirement, and long story short, DH has come around in the past year or so. I think it's the hit age 40 thing, and then realize that you only have so many years to start saving & investing.
Anyhow, we will have our 10 year anniversary a week from this Friday, and we do not have any human kids - just 2 of the 4-legged, furry kind that meow. We have 10 months left on our mortgage, and we will own our 2 bedroom townhome outright. My car & student loan will be paid off in January, 2012 and so will our boat & truck. Then we are debt free, baby!
So, then the hard core retirement savings will begin. We have a good base right now with $107,500 in stocks & mutual funds. DH is able to put $500/mo. into his Roth and I can put $100/mo. right now. Once these debts are paid (and the house is paid off) we plan on increasing our contributions significantly.
I have the 'stable' job that provides us with health insurance benefits & DH is self-employed. I would love to be self-employed if only for the flexibility, but due to some pre-existing health conditions, obtaining private health insurance for DH is impossible, unless some type of changes in occur in Washington, but I'm not holding my breath.
I can't tell you exactly our asset allocation. We have a mix of individual stocks (which I hate) and then mutual funds.
My goal is to learn as much as I can from this experienced community, so we can retire before 65. We are planning on 65 but I would like to see us have the ability to do so at 55.
I look forward to meeting everyone & learning from each of you.
Thanks!
Jan
