This week, we met Derek.
Derek’s main concerns, in his own words: “I’m 38 years old and have been divorced for 3 years now. I currently have no consumer debt, and a mortgage with about 150,000 left on it. I feel like I got a late start in my financial life, since I had low paying jobs throughout my 20s. Currently making close to $80,000 a year, with about $150,000 in retirement, and $15,000 in an emergency fund, but I just feel behind. Currently, my biggest concerns are my high HOA monthly fees ($580/month). I’m contemplating selling my condo to rid myself of that, and saving more for retirement.”