When we started this journey, retirement was the last thing on our minds. While we had a 401k, we stopped contributing out of necessity and basically ignored it.
This summer has seen such a boost in our discretionary income that it occurred to me (duh!) that we might need to rethink our lack of action. So I finally went online and really looked at the account. Overall, it's in pretty good shape. Most of the investments we chose (and who knows how we picked those?) are averaging 11% returns in the long-term. One, however, only averages 5% and then there is the stable fund that we allocated too much to. So I spent yesterday doing some shifting of the funds currently there as well as future contributions.
We also decided to start contributing 2% from DH's paycheck. It's not a lot, but it's a start.
I'm so guilty of just putting financial decisions on auto-pilot and not checking up on them once in awhile. I need to be better about that. Next on my list is finding a lawyer who can help us with our will. While we have one in place, it's out of date and we need to make sure we are covering the bases for DS.
It's threatening to reach 100 degrees today. Hope you all are cooler!