My daughter is 7, my son is 3, and my wife and I, we are both 32. So, in the next 25 years, I need to be ready to fund two college educations and two retirements, while paying cash for all purchases, including major purchases like automobiles, furniture, appliances, and even a home! So, here’s my “current” plan to meet…
Category: Retirement
Top 5 Questions That I Want Someone To Answer
I have been writing about personal finance for more than two years. I think that I have a pretty decent grasp on the “basics” of debt reduction, saving money, and living on a budget. But, I still have many questions about money, money management, and investing. So, I turn to you, my fellow bloggers and faithful readers. Here are 5…
My Wife Could Retire In 20 Years! How Much Money Will We Have By Then?
My wife is a school teacher. She started teaching 10 years ago at the age of 22. In 20 years, at the age of 52, she will be eligible to retire. My wife contributes to a pension plan and will receive a monthly benefit. The amount of the monthly benefit will be determined by the amount she is paid during…