Hi! Introducing myself from IL!

[Edith TenBroek]

Hello all!

I'm a 45 year old work from home and homeschooling mom of three. I currently teach some college classes online, and own a small business selling jewelry making supplies on Etsy.

As we reach our mid 40's hubby and I have been thinking a lot about retirement. He is a full time prof at our local community college. He has a good pension with match through the State University Retirement System, but we want to add other things to our retirement income, so we are looking at getting into buy and hold in the next few years.

Right now we are doing a "Dave Ramsey" plan to pay off all debt. When we get to next step we plan to save 3 months of living expenses, then start piling money onto our current mortgage and saving to buy real estate for our retirement income. Thankfully college for the kids is mostly taken care of. They will get two years tuition free at the community college, then they have a trust fund set up by my mom before she died to pay the rest.

So we hope to start buying in a couple of years. In the meantime I am reading reading reading! I've been practicing running some basic numbers.... just using the 50% rule to see what the cash flow looks like.

Any hints or suggestions are welcome!

Thanks!

Edie