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Author: JJJustdave Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 77403  
Subject: Where should I put $1000 per month? Date: 6/24/2007 3:28 PM
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Finally paid off the mortgage after 15 years. Now I have about $1000 a month to invest for the next 10 years (I'm 57 tomorrow).

My car and truck are paid for, credit card (I only have one with a $13,500 limit) is paid up, and I have about $65,000 cash between 3 different 5% online savings accounts. Wife and I have %26k combined in (unmatched)401ks and $35k in IRA accounts (Fidelity & Franklin - doing OK). We definitely haven't saved enough.

I'm a middle manager at a company where I've worked for 25 years. I only make $67k per year (Central Florida), wife makes about $20k and that's not likely to change much. Our jobs are fairly secure.

I'm not adverse to a moderate amount of risk. Obviously, I have a long way to go to a comfortable retirement. I've been reading for a few months, but just can't decide how to get started. Any suggestions will be appreciated and considered carefully.

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