Imagine already knowing before you’re 30 that you want to retire early. You and your fiance live on the east coast and are both teachers. You’re getting married in August and are trying to have a budget wedding, but that get’s hard with huge families. You’d like a house and kids someday… but that’s probably still five to seven years off. Currently living in Queens, the two of you rent an apartment for $1600/mo. Although you’re saving what you think is a good amount for retirement you feel like you could do more with proper budgeting and planning.
How do you prioritize saving and investing for your future, when you’re trying to fund your present?
This is Jerry’s question.