As of October 9, 2012, less than 1 year after my wife and I became debt free together, we have reached the next milestone in our financial health. We have completed our 6 month emergency fund. In case we lose one or both incomes, we'll be ok for 6 full months or longer.
With my income having increased at the beginning of 2012, we were projected to have our emergency fund completed by the end of December 2012, just 14 months after becoming debt free. We got to our goal about 3 months early.
Tomorrow, Tuesday, November 21, we will be meeting with Brian Fleetwood of Florida Financial to discuss retirement planning. I am absolutely excited to meet with him to arrange a plan to retire with at least three million dollars. More would be nice, but we really don't need too much more than that.
We give plenty to our church now, but how much will we be able to give to our church and other charitable causes when our pay increases? How much will we be able to give when we have three million dollars at retirement? How much will we able to leave to our children (No children at this time- sorry)? How much will we be able to leave to our children's children (Again, none at this time- sorry 2x)? We truly have changed our family tree, financially!
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