Sunday, 1 Jun 2008

Retirement Challenge Update

Well, I just finished doing my monthly update.  As you may recall, I set a stretch goal of saving 25% of my gross income (from all sources) for retirement this year.  At the end of April, I was at 17.69%.  At the end of May, I only increased to 17.74%.  However, this week I will add more to one of my retirement accounts to get me to 18% of my income through May.

The plan for the rest of the year is as follows – 19% by the end of June, 20% by the end of July and so on until I reach 25% by the end of December.  How are you progressing in whatever challenge you set for yourself?


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