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re: What retirement savings balance is your goal, and by what age?
Posted on 1/2/21 at 9:14 am to kywildcatfanone
Posted on 1/2/21 at 9:14 am to kywildcatfanone
quote:
To me, it's all about your debt load.
this right here.
maybe I’m not smart or disciplined enough to save while servicing debt, but the fact is I’ve been debt free for three years now and my savings have quadrupled
I go with the simplest explanation which is, for me, getting free and clear from debt was my most important accomplishment
Posted on 1/2/21 at 10:18 am to cgrand
quote:
this right here.
maybe I’m not smart or disciplined enough to save while servicing debt, but the fact is I’ve been debt free for three years now and my savings have quadrupled
I go with the simplest explanation which is, for me, getting free and clear from debt was my most important accomplishment
Not to imply this is what you are doing, butthe Dave Ramsey method works. I did this, got focused on my debt, got rid of it, and had no mortgage for 8 years. Allowed me to be more aggressive towards saving for retirement.
This post was edited on 1/2/21 at 10:24 am
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