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So back to the Plan. To get all this crap paid off. The deal is: throw as much as possible at it, then save that much going forward so we can quit this working thing as soon as possible. Rounding my salary down to the nearest thousand and putting the amount rounded off toward loans every 2 weeks will allow us to pay $360 toward my loans every month. Following that plan, then rolling over minimum payments toward the outstanding balances will allow us to pay everything off in about 8.5 years. Sounds like a long time, doesn't it? It is.

So phase 2: I'm getting a new job. And a raise. so we'll throw $600 per month at the loans and it will take about 6.5 years, not counting any additional money like bonuses, or gifts, or whatever toward the loans. Then, the good news begins. Having to be disciplined should allow us to roll over the amount we're paying toward loans into a savings plan on top of the retirement accounts we already maintain. And I figure that by 2017 we'll have saved at least $500,000. By 2027 that amount grows to something just north of $2 million.

All for $600 per month. Add to that the fact that our income will likely increase as the years go by (I'm an optimist), and we'll have our house substantially paid off by then, and that makes today a sunny day.

Thoughts? Does anyone actually ever look at this blog?

I'm excited to track progress and have the years check my math.