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Retirement Update

July 3rd, 2020 at 10:42 pm

We are finally starting to pull ahead again on retirement. It's not by much, $162.44, but we are getting there. The IRA still needs to recover just under $500, but we are ahead on the 401K. If I just get through this year without losses I will feel like it is some kind of major accomplishment.

$22,981.37 401K Balance
+_9,523.26 IRA Balance
$32,504.29 Total Retirement Balance

DH has also become vested on a portion of his company stock. I am not allowed to say the amount, though. There is a non-disclosure agreement on not discussing what the stock is worth. But I am happy about it. If DH stays there for the next 22 years, I will be over the moon with it, assuming nothing happens to the company to devalue it. He will continue to earn percentages of shares the longer he works there. It takes five years to become fully vested.

2 Responses to “Retirement Update”

  1. Carol Says:

    After a while you might want to look into selling some of the stock to invest in something much more diversified. ( especially since if things go well, he will be getting more as time goes on.)

  2. Lucky Robin Says:

    We can't. You can only sell it back to the company at retirement or upon quitting the company. Private stock has different rules.

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