Sunday, August 9, 2009

Thoughts

Alright, I have my husband and myself contributing $7450 a year to retirement accounts. According to a retirement calculator, we will have enough to replace 80 percent of our current income from age 65 to 102, or for 37 years. I know this is not set in stone, but I think it is a great start!
Had a set back in the student loan department. I received a notice today for a loan I thought was deferred. It is now in repayment, and the first payment was due August 1st ( I have no idea why I didn't get a statement before now) for $500 (the payments are made quarterly). I used the $200 in my EF to make a payment. I will make the rest Friday when I get paid. Sigh. The monthly payments are not that bad, but it was a surprise. The balance on these is $8000, so nothing too terrible.

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