(Closed) What’s your 5 year plan?

posted 8 years ago in The Lounge
Post # 32
Member
183 posts
Blushing bee
  • Wedding: June 2011

I think this thread is a great topic. I am an avid planner, but I’ll just hit the highlights. 

1. Graduate undergrad (both; December 2012)

2. Start grad school (both; January 2012)

3. Sell our current (small) house and buy a larger one. 

4. Get tenured in a school system (both)

5. Graduate grad school (both)

6. Possibly start doctorate (if I am going to get it I want to be started by this point)

7. Have at least half the mortgage paid (my ten year plan involves paying it off). 

We don’t want kids so thats not in the plans, but there is still a ton. I’m hoping to be well on the way to being financially stable and sound because I want to be completely there by thirty (ten year plan). 

 

Post # 33
Member
9482 posts
Buzzing Beekeeper
  • Wedding: October 2012

  • FI’s plumbing business to be growing more and more
  • I finished my degree (only have 1.5 years left anyways)
  • TTC
  • Buying or building a home

Post # 34
Member
2492 posts
Buzzing bee
  • Wedding: July 2012

In the next year we want to get married (hehe), save up enough money for a downpayment for a house and start looking for houses.

In year two we want to buy a house and start TTC, then TTC when baby is 1. Fiance wants a baby before he is 30, but he turned 30 last month, so I know his clock is ticking more than mine is.

AND that’s about it. We both have steady jobs, newer cars, etc. We are both progressing up the money ladder that is part of our jobs, but it will take me another 8 years to max my salary and Fiance will max out next year. I guess we both want to start a significant savings account and start contributing to RRSP’s (we have pensions, so we haven’t done that yet), as well as focus on saving up for the “inevitables” (buying a new car, being able to afford a new roof for a house, etc) and emergencies. We have a good nest egg, but we want to have the equivelent of one year’s salary saved, each, just in case something happens.

Post # 35
Member
1012 posts
Bumble bee

Year one: Engagement

Year two: Marriage

Year three: Enjoy marriage life, travel a bit, fix up the house just the way we like it, start trying for baby.

Year four: Baby

Year five: move to larger house and start for baby number 2. 

I’ll be 30 by year 5 so that sounds like a nice plan to look forward to!!

Post # 36
Member
7776 posts
Bumble Beekeeper

Have a baby (haha, like… in the next week and a half).

Build up our savings.

Get doula certified.

Travel Europe.

Move back to the States (this will be 2014)

Renovate our house.

Go to culinary school.

Maybe try to have another baby toward the very end of that 5 years.

Post # 37
Member
9816 posts
Buzzing Beekeeper

5 year plan:

I’d like to finish my degree before I’m 70 years old

We’d probably like to buy a house or at least move to a bigger place

Move back to his home state

He’d like to have achieved his promotion goal at work (which would involve a transfer to his home state where we’d like to settle permanently)

Have a lot more savings and a good start to his 401K

Other than that, I don’t want to get too ambitious. Basically we’d like more money and more space. Who doesn’t haha!

Post # 38
Member
18628 posts
Honey Beekeeper
  • Wedding: June 2009

No specific timeframes but:

  • Get another job
  • Travel
  • Travel more
  • Move out of country for a bit?

Post # 39
Member
279 posts
Helper bee
  • Wedding: June 2014

Year 1: Save up for the wedding

Year 2: Get married

Years 3-5: Business as usual

Not planning on kids at this point. He wants them but I super duper don’t so we’ll see.

Post # 40
Member
2559 posts
Sugar bee
  • Wedding: September 2010

Move to Birmingham this summer.

I’m about to start grad school (in a 4-year program, followed by a 1-year internship) so my plan is pretty set. Goal: Get PhD!

Husband to transfer within his company to our new city, hopefully to something more helpful to his desired career path.

Do lots more travel and exploring, both in the US and expanding our European experiences.

No babies, no houses! We want to maintain a pretty fluid, movable, travel-friendly lifestyle for the next 5 years. Maybe we’ll “settle down” after I finish internship and find somewhere to call home base.

Post # 41
Member
8882 posts
Buzzing Beekeeper

We’d like to TTC a year from now. So hopefully in 5 years we’ll be getting pregnant with our second 🙂

Post # 42
Member
2280 posts
Buzzing bee
  • Wedding: April 2011

Move to a nicer/larger rental. (This summer, hopefully!)

Get published 2-3 times.

Build up freelance editorial career.

Get a cat.

Try for a baby…or two!

Go on lots of adventures.

Free husband from 9-5 slavery.

Post # 43
Bee
389 posts
Helper bee
  • Wedding: May 2012 - El Faro Convention center, Aguadilla, Puerto Rico

Year 1: Travel around Europe, Move, Start new jobs

Year 2: Buy a house, Fix Up house, Anniversary Trip to Las Vegas

Year 3: Start Masters Degree, Anniversary trip to Paris

Year 4: Start TTC, Family Reunion at Disny World

Year 5: Finsh Masters, 

Post # 44
Member
3624 posts
Sugar bee
  • Wedding: September 2012

We haven’t discussed it in terms of a 5-year plan, but I’d say: advance our careers, buy a home, travel, get a dog (my idea), and probably have a baby (though that could depends on our careers).

Post # 45
Member
1844 posts
Buzzing bee
  • Wedding: May 2012

  Year 1: Get married, find a place to live, enjoy adjusting to living in the same city and place! I will work on my Master’s +15, Fiance may either go back to grad school or look for a job relating to his Master’s degree.

  Year 2: Look for a house, start TTC. Get a dog. Finishing up Master’s +15/starting Master’s +3-

  Year 3 – 5: Hopefully we’ll have a house and have baby # 2. By the end of year 5, I fully have expected to have completed my Master’s +30.

Post # 46
Member
2299 posts
Buzzing bee
  • Wedding: June 2010

1.) Darling Husband to get his Master’s and Phd

2.) Have a second child…or third:)

3.) Darling Husband starts his career

4.) Buy a house

Not exactly in this order!

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