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November 6th, 2012 at 03:07 am

I have increased my deferred compensation contribution by 25%. If I just leave it at this new amount, I should have enough for retirement. I should also have my employer's contribution in the form of a pension, but I've always been told not to rely on that. So at least this way I have my own retirement savings to rely on, and pension/social security will be additional. It is a very loose retirement plan, but I'm tightening it up as time goes on.

I am 3 weeks into my second class, 7 weeks to go! Most of my studying and video watching is done on the weekends, and my live online class is one night a week. It makes for many hours of work on the weekends, but I would rather cozy up with my notes, coffee and computer on the weekend than rush through a video here and there after the kids are in bed. I go to bed the same time they go to bed!

In the next month or so I will be shaping up my goals for next year, hard to believe!

3 Responses to “Progressing”

  1. FrugalTexan75 Says:

    Good for you! I look forward to when I can up my retirement only savings to 25%!

  2. mamasita Says:

    No, the retirement only savings isn't 25% of my pay, I just increased the amount by 25%. I still have a ways to go for 25% of my pay, sigh.

  3. FrugalTexan75 Says:

    Ok, that makes a lot more sense. Big Grin

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