I have been on fiscal autopilot for a while and haven't been hanging around here. I just thought I'd check in and share my progress.

Lowering my expenses and maximizing my debt reduction a couple of years ago has really paid off. I ran a little tight late last year, but so far I've pushed the payoff date back only a month. It may get pushed back one more month due to some more dental work, but I should be credit card debt free in June (or July) this year. After that I just have my car loan from a relative to pay off.

What's really shocking is to realize that huge monthly debt reduction payment will suddenly be freed up for other purposes. I know I'm going to save much of it and have some tentative numbers in mind but haven't planned a budget / savings plan yet. I don't want to do that too early because it feels like counting my chickens before they've hatched.

I better start getting in shape for my happy dance...

This post is a December 18, 2011 republication of my February 3, 2004 post on Early Retirement Forum.