how financially healthy are we now?

the recent discussions in naw regarding investments and financial security made me remember the blog i did four years ago: http://8thoctoberweds.multiply.com/journal/item/18/how_financially_healthy_are_we

i left the items blank then but with hopes that i'll be able to fill them up within the next five years. now, after four years and another baby, our scorecard shows this...

	target amount		status
1. emergency fund equivalent to	Php 300k		achieved
six months' expenses
2. life insurance for us which is	Php 600k		achieved
equivalent to a year's expenses (exc. sss pension)
3. retirement fund for us which	Php 3 million		still saving via stocks
can sustain us until we're 70, or
probably 75 years old! =)
4. college fund for iñigo and future	Php 1M for each kid		still saving via pension plan and MF
sibling/s.
5. extra savings for other emergencies	Php 100k		replenishing since my father died
including grave sickness of other loved
ones
6. extra savings for travels and other	variable		achieved
leisures (or plans like business)

aside from those, we also have to invest again in a property since we already disposed our house and lot in laguna and will use the proceeds to pay as equity or downpayment. that means we have to allot again for monthly amortization of the balance. *headaches*

so can i say that we are financially healthier now? probably. jude and i are diligent when it comes to savings. we may have the moolah to buy the latest gadgets, upgrade our car... or buy myself a signature bag (but it's still my wish... lol!) but our future has to be secured first.  but what we cannot deprive ourselves are the annual family trips as we consider them as our reward.

but we still have to work and save more to achieve 'financial freedom'. jude has plans of retiring early but since past experience taught him to secure first the kids' education and our retirement, we have to work and save double-time so we can sustain our retirement. he also has plans of getting us a retirement house, in tagaytay or caliraya, laguna perhaps, so the more we have to invest now to achieve this.

these are just some of our dreams... let's see in my next update of this scorecard if they are already achieved... wish us luck again!