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Old 02-18-2013, 02:07 PM   #12
Deegee
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Join Date: Mar 2006
Location: Edmonton, AB
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6% of my pay goes into my RPP and my company matches it, so 12% goes in. We also save in a liquid account.

We should be fine as long as keep on the path we're at as we are making extra payments on our Mortgage (that was taken at 30 years last year... on course for 20 more) leaving us debt free at 50, which was a huge goal for me.

We're better off then our parents ever were for sure, and plan to sell our house at 50 and move somewhere dirt cheap and play golf drawing on pensions early and working something fun during the cold season.

This is off my income alone which is nice.

My wife plans to return to work for additional income next year at which point we don't know what we'll do with that money, yet. It'll likely be 50% to savings and the rest on our vehicle loan to retire that quicker and then double up on mortgage payments.
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