|30,000 - 39,999|
|Biotechnology & Pharmaceuticals|
|50-something single New Englander with a prodigious savings rate offset by multiple layoffs over a 37-year career as a marketing writer and journalist. Currently working a long-term contract job as a proofreader in pharma industry.|
|Why I Joined|
|I like to hold myself accountable.|
|Best Financial Decision|
|Aggressively prepaying my mortgage and eventually paying off a 30-year loan in 17 years.|
|Worst Financial Decision|
|Choosing not to finish law school, possibly. Picking the wrong law school to attend.|
|Current Investing Strategy|
|Less than a month ago, I transitioned from full-time to part-time work. This was something I've wanted to do for years, and I decided I could do it 2 years early. My p/t work should cover the bulk of my annual expenses, or at least 75% of expenses. I'm not trying to save any further toward retirement but just cover expenses, and I hope to do this for 7 more years, until I can get on Medicare and not be so vulnerable to health insurance coverage changes a la the Affordable Care Act. But this year I did enroll in my state's healthcare exchange after my COBRA expired.
I love the freedom and newfound time my new work schedule has given me.
|How do you manage your finances?|
|I do monthly and annual expense and investment reports using forms I've created through trial and error.|
|What tools do you use?|
|I take advantage of free portfolio checkups and retirement planning with Vanguard and T. Rowe Price.|
|I need financial help with...|
|Nothing specific, but I do have a sudden and immediate interest in minimizing taxes in retirement and strategies for doing so.
Fortunately, my home is paid for and I live pretty simply so month-to-month. expenditures will hopefully remain low.|
|The Millionaire Next Door, Frugal Gazette, Your Money or Your Life.|