If you’re 50 or older and see no possible way you’ll be able to retire by 65 if at all, you’re in the right place.
If you’ve let money control your adult life pretty much your whole adult life, you’re in the right place.
If you’ve lived your life doing all the ‘right’ things, you’re in the right place.
I’m a wife, mom of 3, and grandmother of 1. During the day, I teach middle school computers at our local public middle school. I’ve just begun my 28th year, and despite the fact that I’m thankful for my job, I AM SO READY TO RETIRE. If you’ve ever heard the jokes about what it’s like to herd cats, then you’ll have an idea of what teaching middle school is like. 🙂
My husband, a social worker, hopes to retire in 5 years. He’s 10 years older than I am, so he’d be 65. Recently, we looked at what his retirement amount would be at that age, and yikes….practically nothing.
If he holds out 2 more years until he’s 67, then he’ll get a couple hundred more a month. I know that’s for the rest of his life, but still…the overall amount is still pitiful.
My retirement, if I can hold out long enough before I retire, looks more promising. Although I’m a school teacher and don’t make tons of money, I’ve been in long enough to have a decent salary and my retirement system is strong.
Our biggest problem now, and from all the years in the past is our debt. We’ve accumulated way too much debt and it truly seems sometimes like we have nothing to show for it. We’ve even been through Dave Ramsey’s Financial Peace University. However, when Dave talks about being gazelle intense regarding paying off debt we joke that we’re three-legged gazelle intense. Hmm…I don’t mean to be graphic, gross, or insensitive. That’s just our weird humor.
It’s not very funny, though. Not really. Especially not when it looks like I’m going to have put in more than my required 30 years of teaching to qualify for full retirement and even then my monthly check won’t be nearly enough to pay the debts we need to pay, take the trips we want to take, and spoil the grandchildren we want to spoil.
If you can relate to any part of my story, I invite you to come along with me as I take a hold of my life, finances, goals, and dreams.
Along the way, I hope to inspire you to do the same. No, I don’t mean exactly the same. You’ll have your own path, one that’s perfectly right for you.
You might like to start with these articles to find out a little more:
Okay, so here we go. One year from today, April 23, 2019, I will be wrapping up my last year teaching. My credit card debt will be a thing of the past. A month after that, my cars will be paid off, and ’ll have $5,000 towards my emergency fund.
Can I do it?
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