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No. of Recommendations: 20
When I am 64 (in 18 months) I will have an annual income of 36,000.

Why? Are you losing your job? Are you quitting your job? Do you have to retire because of age limitations on your job? If you have a choice to continue working, you probably want to consider that option.

At 65 I will be on Social Security which pays both of us 37,000 per year.

So, it looks like your income going forward is going to be in the 36k - 37k range. In that case, I would strongly suggest that RIGHT NOW you need to start living like your income is only $36k and devote the rest of your income to paying off your debt and, once you accomplish the debt payoff, adding to savings. If you can do that for the next 18 months, you should be able to pay your debt off, have a nice savings account for emergencies, replacing cars, etc. and you will be used to the standard of living that you will be forced to live once you hit 64/65.

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