Our basic goals for 2010 break down like this:
1) Max out our Roth IRA's = $10,000
We make monthly contributions that are automated
2) Save 7% of basic pay in TSP
Automatically taken from paycheck
3) Pay off home equity loan
Only $199 plus interest to go!
4) Save money for college = $3,300
We are scheduled to start contributions in March. I hope to automate these as well
5) Add money to emergency fund = $7,000
I expect we can start adding money in April
6) Pay off van beginning balance = $19,444
Balance is now at $18,579.87 from regular contibutions only. We will begin adding extra in June
7) Convert IRA's to Roth IRA's
Approximately 65% of our IRA's were converted in February. May not convert the rest until later in the year.
I'd say we are on track so far in meeting all goals. Yipee!!
Progress: 2010 Financial Goals
February 27th, 2010 at 06:49 pm
February 27th, 2010 at 07:01 pm 1267297264
February 27th, 2010 at 09:58 pm 1267307889
March 1st, 2010 at 02:14 pm 1267452863