Comments on: Reader Poll – How Far Out Are You Planning?

By: Nick

Nick — Thu, 20 Nov 2008 02:29:21 +0000

Nice goals, I don’t really have any set in stone right now, I think that will come after I graduate and land a job for myself. Until then, I’m just trying to get by the best I can while limiting my debt and keeping my GPA up.

By: Amber Weinberg

Amber Weinberg — Tue, 18 Nov 2008 18:59:46 +0000

I have set goals for each year up to 5 years and then basic 10 and 20 year goals.

By: Matt @ SF

Matt @ SF — Tue, 18 Nov 2008 05:51:14 +0000

I’m planning for 6 months and beyond. In this environment, I think it’s wise to have multiple plans just in case one plan fails. I raised enough cash to have a 6 month emergency fund when investment banks began failing, and any investments I make today are because I think they are extremely oversold or undervalued from historical lows.

By: No Debt Plan

No Debt Plan — Tue, 18 Nov 2008 04:24:07 +0000

Our primary planning revolves around the next 5 years. However, we are also saving for retirement regularly in IRAs. But I didn’t pick 20+ years out because we aren’t planning (right now) much between years 6-19 out from today.

By: Susan

Susan — Tue, 18 Nov 2008 01:38:50 +0000

We are in our early 40′s and we plan our finances out all the way through our death: retirement years, possible medical needs, insurance needs, housing (final home + nursing home, etc.), being a widow/widower (women are expected to live longer than men, gotta plan for that), funerals, wills/estates. Of course the plans are constantly evolving, but we find it very helpful to take the very long view.