I took the assessment through Merrill Lynch (my retirement stuff) and I got a 69/100. That’s actually pretty good given I only started a year ago. The assessment stated that I’m on track and doing well to plan but, that given my income and other things I need to look into preparing for emergency situations more. In other words, I need to also bulk up a savings that isn’t being held by penalties or delays so I can use it quickly in needful situations.
Hmm…I think that’s solid advice. It suggests a fund that has minimum $3000 in. It also stated that since one of my goals is to buy a house in addition to retirement I can save into that emergency fund and use it with a duel purpose of bulking up for possible down payment on a house as well. Kill two birds with one frisbee. Hmm…at least I don’t totally suck at this stuff. According to my plan, I can retire in 2050. That makes me feel really good.