I've been seriously thinking about increasing my pension contributions, especially after seeing how well you guys are doing. Asking around at work, I found out that one person in their fifties is still only contributing the minimum (2%), although I think her husband has a good pension. There's also my co-worker who only just started contributing in the past year or so, when they made it compulsory.
Anyway, I was doing some shredding yesterday and I found hubby's pension statement. His pension is in the same place as mine. I found their contact details so I'm going to email them to increase my contribution, at least by a little. I still have all of this debt hanging over me so I don't want to increase it by too much (even though I know I should)
Update
March 10th, 2017 at 08:34 am
March 10th, 2017 at 12:01 pm 1489147308
March 10th, 2017 at 01:05 pm 1489151104
March 10th, 2017 at 04:27 pm 1489163278
We bit the bullet and upped it to 10% in February from 1%. In looking at the spending, I realized that we were able to absorb so much more (given the lack of income at the rental property and the expenses of the reno - which we cash-flowed).
I was able to see where some of those funds could be easily absorbed, and in looking at how our spending was - we are actually better balanced and have cash-flowed family outings (mostly take-out dinner and movies) and are eating healthier which some conscientious decision making.
I think you can do it!!
March 10th, 2017 at 08:02 pm 1489176140
March 11th, 2017 at 04:54 am 1489208041
March 11th, 2017 at 06:17 am 1489213044
March 11th, 2017 at 08:41 pm 1489264861