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Hello everyone.

I am currently 31 and need to get my retirement strategy in order. Currently I am not involved in an IRA or 401K. I work for local city government and they offer a 403B and I am automatically enrolled into a state retirement program where they contribute 5% for me.

I am thinking about starting up the 403B and do an Index fund (s&P 500). Should I also consider an IRA?

I currently have a lot of credit card debt that I am trying to get rid of. I am entered a debt management program which has help a lot with the interest and fees.

I was thinking that I should get the 403B started and get my credit cards out of the way then start an IRA. Right now on the credit program I will have the cards paid off in 2008. If I double the payments I figure I would be paid off by 2003.

Anyone out there have any ideas or advice if they have been where I am now?

Thanks.

Keith A.
- Virginia
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