I'm not great about responding to your comments, but I do read them all.
For instance, Jim asks why we don't use our savings to pay off our debt. Good question, Jim. Here's my response:
1. Most of our savings are in 401Ks. To take the money out would cost us mucho money in taxes.
2. I'm old (41) and am married to an even older spouse (50). When/if we retire, we don't want to be eatin' Alpo. Organic dog food maybe, but not Alpo.
So am I wrong to think this way? Should I be paying off my debt with my hard-earned retirement fund?
Your thoughts please...
Yes, I do read your comments....
May 9th, 2007 at 10:34 am
May 9th, 2007 at 10:40 am
But I'm a more emotional than numbers sort when it comes to risk and risk tolerance.
May 9th, 2007 at 12:02 pm
May 9th, 2007 at 10:01 pm
FYI - I wish my savings were as "measly" as yours.