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Looking Ahead At the Next 2 Years

June 19th, 2016 at 10:56 am

It looks like the next 2 years are going to involve some kind of big financial moves, and will involve quite a bit of spending, so I've decided to briefly document my top 5 financial goals from now through the end of June 2018.

1. Continue to maximize tax-deferred contributions to 401Ks and IRAs. This is not new, but must remain the number 1 priority above all others.

2. Purchase condominium for in-laws? I ended the preceding sentence with a question mark because it is something that we are going to look in to but have not yet decided on for sure. For over a year we have known we want and "need"to do something to help out the in-laws (and have already made one small cash contribution), but it's only recently that we hit on this idea as a possible solution.

3. Purchase replacement vehicle for DH. At 17 years old and with a needed repair that would cost more than its value, this one has moved from an "if and when" to a "when and with what" question.

4. Replace carpet in main living areas with tile.

5. 25th Anniversary Trip: Due to items 2 & 4 on this list, plans for this trip may be revised from a cruise or "overseas other than DH's homeland" trip to a nearby weekend getaway while the tile is being installed plus a condo-buying overseas trip for DH.

3 Responses to “Looking Ahead At the Next 2 Years”

  1. rob62521 Says:

    Those are big plans, but good thing you are planning.

  2. CB in the City Says:

    Interesting! I love to hear about other peoples' lives!

  3. ceejay74 Says:

    That IS an interesting idea about buying the in laws a condo! I'd love to hear more of your thinking, as my spouse's mom is struggling to afford the basics of life (through a lifetime of poor choices but we still want to find a workable solution).

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