The Plan... Lol

Topic 1368 | Page 1

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Joshua K.'s Comment
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Just an FYI for you guys and to swap knowledge on saving methods or good mutual funds.

average solo trucker with 1-2 yrs exp makes roughly 45k a year right?

Emily my gf makes roughly 30k a year which handles all of our home expenses our plan is fairly simple while I am on the road I am only going to have $150 per week deposited in my checking account for my expenses ($7800 per year) that leaves roughly 36-37k of my paycheck alone which in turn we decided to invest 30k of my pay into our mutual funds the extra 6-7k will go to our savings account which we capped last year at 25k then we put 20k of it into our mutual fund.

Hopefully in the next 10 years our mutual fund will hit 300k + (with interest we calculated it to be roughly 342k) but the point is in 10 years Emily won't have to work and I can just drive as a hobby that pays for itself and my other toys lol

Am I the only one with a plan like this? I don't think I am but I wanted to get everyone elses take on it.

I know there is also things you can't account for sudden job loss, injuries, accidents, etc,etc.. But DAMN IT THIS IS A FLUFFY BUNNY CONVERSATION. By that I mean hopes and dreams with a little bit of reality thrown in like "money-management" haha I know right?

Brett Aquila's Comment
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I think it sounds like a reasonable plan but life has a way of changing our plans without our prior consent. Go for it! If it works - great. If you come up with new ideas along the way - great! That's life. You may a plan, something changes, you make a new plan.


ThinksTooMuch's Comment
member avatar

Good plan, but as Brett said... stuff happens. The average American makes PLENTY to live comfortably, but companies market their toys so hard most people cannot resist and spend way more than they should; then they complain they didn't save enough to retire. Just resist the urge to satisfy every single desire you have and you'll be fine.

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