behindthedimes
Dryer sheet wannabe
- Joined
- May 4, 2015
- Messages
- 20
Hi
I am a 32 yr old government engineer living in Northern NJ with my high school teacher wife and our dog. Glad to follow along with the threads. Right now I have a TSP at about $105,000 (also paying loan back to it from house purchase) that I currently contribute 8% (I am a GS13-5) plus my FERS pension, my wife's 403B with NJ, and approximately $10k in other holding plus about $60k in equity in my home. We also own our own standardized test prep business that is booming but it is just the two of us.
We are planning to have kids in the near future and move into a bigger home but my MIL will be moving in also and bringing any takings from the sale of her home into our new home.
Because I started with the government as a summer hire I will need 43 years to get max pension and I don't plan to stay that long. I am planning a career shift to Wall Street (finishing up MS in Financial Engineering) and would hopefully like to retire by 55 but I know I have a lot of work to do.
I am a 32 yr old government engineer living in Northern NJ with my high school teacher wife and our dog. Glad to follow along with the threads. Right now I have a TSP at about $105,000 (also paying loan back to it from house purchase) that I currently contribute 8% (I am a GS13-5) plus my FERS pension, my wife's 403B with NJ, and approximately $10k in other holding plus about $60k in equity in my home. We also own our own standardized test prep business that is booming but it is just the two of us.
We are planning to have kids in the near future and move into a bigger home but my MIL will be moving in also and bringing any takings from the sale of her home into our new home.
Because I started with the government as a summer hire I will need 43 years to get max pension and I don't plan to stay that long. I am planning a career shift to Wall Street (finishing up MS in Financial Engineering) and would hopefully like to retire by 55 but I know I have a lot of work to do.