Groan Up, part 1
posted in Frenzied Daddy |In my rolodex, well, ok, in a text file on my computer, is the address for an accountant. And now a financial advisor. I’m starting an IRA. Kind of worried about “someday” not wanting to work any more and just coast. Maybe coast at the coast. And now, I’m considering adding a lawyer to that as well. We (Ms B and I) need to set up a will. Of course we’ve made it clear to everyone who asks what we want to happen with the kids. They’re our best toys, and we want to share them.
When I went to college it was $500 for a semester. And now it’s two grand. For residents in a state college, per semester. So I’m also thinking about the girls and their college. And after reading Smart Couples Finish Rich
If I could get $10000 into IRAs for each of the girls before they’re eighteen, and they could leave that there until they retired, they’d have a million dollars in the bank. Hooray for the miracle of compound interest! If I could do that and also get my own crap together, I’d be a lot happier. Because of the horrible choices I’ve made with credit over the last (sigh) twenty years, it’d be a real struggle to get all that together.
Most of the time I’ve been talking about my choices and my “coasting.” Ms B has been putting her money into her 401K as well as doing some stock options with her work and she’s in a lot better situation. We’re partners but I want to meet her there.
