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Politics : Sharks in the Septic Tank -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (21251)	8/9/2001 6:24:40 PM
From: TimF	Read Replies (1) \| Respond to of 82486

Well I am puting away 16% of my gross income into my 401K, and my company adds another 3%. Once I pay off all my non-mortgage debt I will probably start an IRA as well. By the time I retire I may also have a paid off house, or I will hopefully atleast have the assets to pay off the house in some other fund (not paying it off to keep the mortgage interest deduction and lower rates you get with a mortgage. I should do ok as long as I stick to the plan and the economy does not go in the toliet (not just a recession even one that last 2 or 3 years but rather something like the great depression, or atleast something that will cause a 20 year bear market). Thank you for your sympathy. Unless the future is much worse then I think it will be I am currently more concerned about my cash flow for the next couple of weeks. My tennant got a job and has tax return money comming but she will probably be a week and a half or two weeks late on the rent. Since I understand her circumstances I can be a bit flexable (and I can't force the money out of her anyway its get the money in two weeks or get no money from her and try to find a new tennant) but my creditors don't know me personally. Its not like bankruptcy is even a potential issue but I don't want to mess up my credit rating with late payments. Tim