Yeah, the financial advisor we had here today was adamant that we immediately put AT LEAST $100,000 in a variable annuity...which is honestly a little hard for me to swallow as a 26 year old, though I would like to invest a smaller but still significant chunk that we could add to over the years. We just have an awful lot of things to think about RIGHT NOW (one vehicle with problems that we owe a lot on for both of us to share, no place of our own, existing debt from student loans and water softener and corporate credit card, extracurricular activities for the kids' formative years as homeschooled kids) to feel like we can justify chucking such a massive amount into a vault for 34 years from now, while still having a lower quality of life in the present...
Just for the record, when I say traveling I mean, like, a trip to Disney World and maybe going back to Boston to see some people or something like that. We aren't going to be getting all the kids passports and updating from the Riviera anytime soon - we'd probably be staying at friends' houses rather than hotels, even.
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Date: 2008-03-25 12:44 am (UTC)Just for the record, when I say traveling I mean, like, a trip to Disney World and maybe going back to Boston to see some people or something like that. We aren't going to be getting all the kids passports and updating from the Riviera anytime soon - we'd probably be staying at friends' houses rather than hotels, even.