$48,000 Goal Update: 9 Months (Roth IRAs Fully-Funded!)
I’m working towards saving $48,000 this year, which is 60% of our gross household income.
Click here to read all posts associated with my $48000 goal.
Click here to read about my savings and investing goals for 2007.
Here’s my updated chart with detailed information:
My Roth = $8000 ($4000 for 2006 and 2007)
Wife’s Roth = $8000 ($4000 for 2006 and 2007)
ING (Repay $5000) = I ‘borrowed’ $5000 form my savings so that I could fully-fund the Roth IRAs for 2006. I am in the process of ‘paying myself back’.
Next Step: Open and fund ESA for my son.
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