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| Subject: Late Start but still want to retire early! | Date: 3/24/2004 7:17 AM | |
| Author: 1HappyCamper | Number: 158872 of 882324 | |
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Due to many events and circumstances in my life, I find that I am now 51 with barely a start on my retirement planning. I am trying to design a strategy that will allow me to retire in 10 years or less and would like to here any thoughts and suggestions on ways to do so. I am fairly new to investing and would welcome any thoughts or tips on how others, who started late, have are successfully building for their retirement. I am making around $90k+/year but at this time I have only $8,000 in my 401k. I just increased monthly additions to about $900/month. $1500 in savings and am paying down my credit card balance of $15k by about $1000 per month. Any advice will be welcome. Thanks Jim |
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