Sunday, September 20, 2009

Oh Joy!

Just finished reading an article about saving for retirement. Based on my age and the current balances in 401K and IRAs, I need to be saving 18% of my salary. That is absolutely impossible until ALL these debts are paid off!!!

Where do you stand on retirement? Is it even a possibility?

1 comment:

  1. Hi thanks for making yourself known on my blog.

    I just caught up with yours and understand completely where you are at. One thing I do to make me feel better about my retirement savings is to calculate the principal paid on the investment properties as part of my long-term savings. After all if I keep them they would be providing me income in retirement. Or if I sell them, they will be building my cash reserves (hopefully).