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Retirement Discussions / Retire Well on Less
|Subject: NEED FINANCIAL MED CHECK||Date: 1/31/2014 4:03 AM|
|Author: SECLDO||Number: 1475 of 1751|
Could someone give me a med check:
My financial bio:
O4 in Military
26 yrs in military, hope to do 9 more
I am 50 years old
My wife is 56
Mine is the only income
No house payment, Rent now but military covers rent
No car payments
Military TSP = 6% of base pay*
Wife Roth = 6500/yr*
My Roth = 6500/year*
*(Until recently I was only contributing $125/month to my wife’s Roth, I did not have a Roth and I had 15% of my base pay going into Military TSP.
40K in Savings
52K in checking
8K in emergency/treat fund
3K in CD
When we buy something we round up to next $10 for every checkbook entry
How am I doing?
New to investing.
Need some more direction.
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