Apr 7, 2020
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Shane and Melissa Courtney have a goal to retire by 50. Shane, 34, and Melissa, …

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Shane and Melissa Courtney have a aim to retire by 50. Shane, 34, and Melissa, 33, know they’re going to need to work more durable now to allow them to take pleasure in their golden years. So that they’ve damaged down their huge aim into smaller ones.
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2018 was all about decreasing bills and rising their retirement financial savings.
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The couple lower out most of their discretionary recurring payments, and Shane bought his good automotive for a extra economical car. Melissa is taking canning courses, and Shane has realized to make sourdough bread. “It’s a lot cheaper than shopping for bread,” he mentioned.
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The cuts gave them extra wiggle room of their funds to max out their Roth IRAs, their HSA and Shane’s 401(okay). In 2019, they plan to purchase the land they’ll finally retire to in Pisgah Nationwide Forest and work to pay it off earlier than they begin constructing their retirement residence. “The 2 greatest issues that maintain us on monitor are being 100% on the identical web page and open with one another, and having month-to-month funds conferences,” Shane mentioned. “It retains us motivated.”
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📸: Chris Zuppa/ The Penny Hoarder
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Click on the hyperlink in our bio to learn extra about Melissa and Shane’s journey to monetary independence.

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Comments to Shane and Melissa Courtney have a goal to retire by 50. Shane, 34, and Melissa, …

  • #personalfinance #financialfreedom #retirement #moneytips #wealthbuilding #budgeting #savingstips #goals #budgetingtips #expenses #savings #lessmoneystress

    thepennyhoarder April 7, 2020 5:25 pm Reply
  • That’s a great goal! Early retirement is the best! 💪

    thesuccessexpress April 7, 2020 5:25 pm Reply
  • @sammigirl7

    v_monte April 7, 2020 5:25 pm Reply
  • It appears that they do not have children, correct? Both of my daughters are what would be classified as millennials. The choice to have children or not have them is a big factor in how they, as a group, choose to live their lives. I am blessed (heck, I have worked hard my entire life) to be at the point where at 68, I am financially very comfortable for the rest of my life and work closely with my money manager to do so. I also have 1 or 2 secret investment tips up my sleeves that a former husband taught me well. My point is that my girls have a safety net in me, and will be gifted when they go to buy a home. They also have no education debt, and my younger girl received her Masters summa cum laude.

    patriciacarr6768 April 7, 2020 5:25 pm Reply
  • Thanks 4 putting up with my long post. My point is: some people just get lucky in life and have a helping hand…

    patriciacarr6768 April 7, 2020 5:25 pm Reply
  • @tiff1actress

    kylejrmn April 7, 2020 5:25 pm Reply
  • We have similar goals… 33 and 34, want to retire at 50!

    downhomeurban April 7, 2020 5:25 pm Reply
  • What do you do when you retire at 50?

    amazinghealthyliving April 7, 2020 5:25 pm Reply
  • It is important to remember how much discretionary money you have when you retire…enough to just get by, or enough to live your bucket list best life??

    patriciacarr6768 April 7, 2020 5:25 pm Reply
  • Great idea.. Make sure you collect from all the players.

    communitycash April 7, 2020 5:25 pm Reply
  • Children?

    the_pagan_pescetarian April 7, 2020 5:25 pm Reply
  • And they don’t have children ……which changes the picture completely.

    milumiti April 7, 2020 5:25 pm Reply
  • @stpachrick33

    nathannie April 7, 2020 5:25 pm Reply
  • They could save more money if they did not get tattoos. Tattoos are expensive!

    sgvalleygirl April 7, 2020 5:25 pm Reply
  • Why isn’t he holding the dog too? 🤦‍♂️ the pup is important too. Lol

    thek1ng333 April 7, 2020 5:25 pm Reply
  • This is excellent. 😀

    celticforever01 April 7, 2020 5:25 pm Reply
  • If there’s a will, there’s a way! 👊 I was done at 51, and have no intentions of going back!

    blueoliveoyl April 7, 2020 5:25 pm Reply
  • Is there a plan if there is possible job loss?

    nikkik40 April 7, 2020 5:25 pm Reply
  • 👌🏻👌🏻👌🏻

    steffi.lentz_ April 7, 2020 5:25 pm Reply
  • Excited to give this one a read. I’m all about financial freedom but the next step is financial Independence.

    evenstevenmoney April 7, 2020 5:25 pm Reply
  • Must not live in California 😂

    socalrocketqueen April 7, 2020 5:25 pm Reply

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