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re: What are your realistic 5 year financial goals?

Posted on 3/11/15 at 3:06 pm to
Posted by bayoubengals88
LA
Member since Sep 2007
19750 posts
Posted on 3/11/15 at 3:06 pm to
26 yo teacher.

I'll be completely debt free in 16 months
build an emergency fund of $11,000 then buy a small house (~150k) 24 months from now.
In five years I'll have a minimum 15k in Roth contributions and 15k in TRSL.

Damn, the outlook is grim my friends.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26602 posts
Posted on 3/11/15 at 3:08 pm to
quote:

26 yo teacher.

I'll be completely debt free in 16 months
build an emergency fund of $11,000 then buy a small house (~150k) 24 months from now.
In five years I'll have a minimum 15k in Roth contributions and 15k in TRSL.

Damn, the outlook is grim my friends.


Not at all. You will probably we better off than 85% of people your age, and on a teacher's salary at that.
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