Maybel’s main concerns, in her own words: I am not sure WHAT to do next, or how to go about it. When I left my previous employer, I became a contract worker and stopped contributing to retirement to build the reserves back up that were taken with purchase of the new house/repairs. Due to expenses, I have not restarted contributing. Although I don’t anticipate my work coming to an end, we are prepared for that possibility.
We are fully capable of living lean and are used to it, but we also want to enjoy some of the fruits of our labor. I love having paid for stuff and not accumulating debt so paying off the $90,000 left on our mortgage is super appealing (but not if it is not the best way to make the most of our money.) Our typical way of doing things is making a list and doing them one thing at a time. Needs first over wants. We just keep things on the frugal end wherever we can. The goal would be to sell this current home in 5 years, leave the state and purchase a multifamily.