Thanks all for your time and suggestions.
AnonymousSaver:
Online Savings Calculator seems like a great tool. I plugged in some figures to try it out.
Also, suggestion of opening account with just $1 is great idea maybe that is something I will consider as a way to ease myself out of hesitancy with online banking.
The idea about opening multiple accounts to organize what I am saving is also a great suggestion. Currently, I hate to admit, I am financially disorganized in every which way and I am trying to figure out a good plan to make improvements.
I will report back on decisions for a plan...I kind of have to wait to make certain changes (eg. retirement contributions) bc it could only be done during a certain time period. But yes, I would be happy to follow up with the changes.
jimOhio:
Input on possible ways to contribute to goals is appreciated. The extra 50 for SL is something I can do and the other breakdowns sound reasonable. I am still trying to create a budget so I can more clearly see where everything is going. I will consider your suggestions.
BTW, the SL is ~114k at 4.875% and I can get .25% reduction if I sign up for automatic withdrawal from my account.
Right now, I am trying to read up on investing basics bc my 401k portfolio is a hot MESS. I just randomly picked things when I signed up for the plan although I believe I tried to do the aggressive approach. I have TIAA Cref and Vanguard as options. My portfolio is currently comprised of TIAA Cref investments. I did see posts on this site's discussion which discuss the two, so I am looking into them. Looks like more people are in favor of Vanguard so I will keep that in mind. Anyways, this is sidetracking from my original post so I think I will stop here for now.
Everyone's feedback has been helpful. thanks again.
|