Home > Goals, Goals and More Goals

Goals, Goals and More Goals

June 30th, 2012 at 08:45 pm

I maxed out dh's ROTH and am well on the way to maxing out mine this calendar year. Since we have been maxing out by 4/15 the following year, that was my goal this year to do it by 12/31.

So, what next? Pat myself on the back and call it a day? Big Grin


I have two similar goals to improve on that.

1 - Max out by 1/1.

Will probably max out 2013 by June 2013, and then aim for 1/1 in the year 2014.

2 - ROTH conversions

I've got more ROTH conversions to do. Feeling comfortable with the idea now due to cash flow. Just in the "thinking about it" stage, though good to keep front of mind in case of a substantial stock market dip. (low values = low taxes on conversion).

3 - I suppose a third unrelated goal is my salivating over 15-year mortgage rates. Not quite ready to make that leap, as would like to pay down enough to keep a very low/reasonable mortgage payment. But it gets more tempting by the day. {Honestly, if we refied today it would be a pretty darn reasonable payment; just been spoiled with the three-figure mortgage payments of late).

I guess these goals are all kind of pressing due to circumstances. ROTH conversions should be done to take advantage of our low tax rates at current. Another refinance would take advantage of record low interest rates. So that is why I am thinking about these goals in particular. Seems the obvious next steps.

1 Responses to “Goals, Goals and More Goals”

  1. FrugalTexan75 Says:

    Sounds like good goals!

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