December 21, 2016

I Am Thankful For What 2017 Has In Store For Us

Written By:  Andrew Eide

Nobody can be sure what 2017 will bring their way. We don’t know either. There are some things we are pretty sure of, some we hope will happen, and some will be a surprise. Here is what we know so far.

I will get a very small Cost of Living Allowance (COLA) increase in my Military Retirement and Social Security Retirement. I anticipate the increase for the Military Retirement to be about $5 per month and Social Security will probably increase about $3 per month. Yeah, I know, having a combined yearly increase in Navy Retirement and Social Security of $95 to $100 per year isn’t much, and for sure my actual cost of living will increase more than that per year, but I am thankful I have two Retirement incomes. One of the blessings is that in the State of Georgia they stop taxing your Retirement incomes once you reach the age of 62. So I do factor in the fact that I have reduced my Georgia State Income Taxes by about $200 per year so I cannot really complain. This is under the heading of items we are pretty sure of.

Becx started working at Any Lab Test Now (ALTN) in January 2014. When January 2015 came around her Supervisor was very kind and blessed Becx with a very nice pay increase and more job duties. When January 2016 rolled around Becx received another nice pay increase but her job functions remained basically the same. The 2016 pay increase wasn’t as much as the 2015 increase but without additional job functions tossed in I consider what she received in 2016 was fair and honest. What Becx might receive in January 2017 is not yet known. This is one under the heading of something we hope happens.

We have been researching purchasing a home in Winder, Georgia, from LGI Homes. They are new construction in a very nice community in Winder. The benefits of purchasing a home from this company in this location are many. Once both of us have a certain mid-range Credit Score from the three credit reporting agencies we can purchase a very nice single level home, model name is Burton, and the cost is under $190,000 for a nearly 2,000 square foot home. The same home in Duluth, Lilburn, Norcross, or Lawrenceville, would easily go for $220,000 and higher but it would be an older home and not a brand newly constructed home. Since I have Veteran’s Administration Home Loan Guarantee that allows us to purchase their home in Winder with no money down except a token $100 fee. The builder, LGI Homes, also offers if you are a Military Veteran and purchase with a VA Loan, they will pay the closing costs for you which saves us several thousand dollars. They have a community center there with a pool, recreation center, and play area for children. They also have a Homeowner’s Association which, believe it or not, has Annual Dues of less than $150 per year and they pay the first year’s dues. On top of that LGI Homes is so sure of the quality of their work they will fix any problem that is due to materials or workmanship defects for one year from date of purchase. This item falls under the category of this will be a surprise if it happens in 2017.

What else will 2017 hold in store for us? We don’t know. We hope most of what comes our way are good things. Keep tuned into our Family Blog starting January 2017 to see what happens next.


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