I was reading an article at Adventures in Money Making where a couple explains how they retired on $2000 CDN – yes it’s not even US dollars.  And their retirement sounds like good – not like they are skimping.  Amazingly that dollar amount (around $1,760 US) is just a little over my goal for Alternative Income Streams, something that I thought I could achieve ten years.

I highly doubt that I’ll be able to retire then.  If for nothing else, my fiancee and I hope to be in the middle of raising a family.  It’s still nice to know that retirement is possible if something should happen and we can’t get to our retirement goals.

It was less than a month ago when I learned Smart Money to figure out that I’d be losing $6,613. The new job had enough perks for me to take this loss.

However, it’s a whole new ballgame today. The company is getting a 401k plan soon and it feels like I’m getting a raise. No word on if there is a match, but it’s a gain either way. I’m now really happy that I put the maximum in my 401k at my old job. It looks like I might be able finish the year with a completely maxed out 401k plan.

This may negatively impact my alternative streams of incomes plan as I won’t be able to invest as much in accessable accounts. However, I’m much better off looking out for my retirement.

I’ve been writing for nearly six months now, but I’m afraid I haven’t been taking care of the home front. My fiancee has been in the military for close to 8 years now and hasn’t really taken full advantage of the Thrift Savings Plan (TSP). For those not familiar with a TSP, it’s the military equivalent of the 401k plan. This weekend, I hope to sit down and explore all the tax advantages.
I’d like to thank all those in the military that help preserve the lifestyle that we enjoy and often take for granted in the US. I hope that while you are busy taking care of us civilians in the present, you aren’t ignoring your own future.