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Next Retirement Milestone Met and New One Set

August 27th, 2020 at 12:52 am

Our retirement accounts have done very well in the last 3 weeks. They have gained $1,389.11, only $440 of which were contributions. We have hit our next milestone of $35K. Actually, it is almost $36K. Our next milestone is $50K.

It is so nice to see the IRA well above where it was in February. I hope this means that the economy is starting to recover from Covid. It seems to be in my area as more places are open now. I am sure there are places where things are still quite bad, though. I am very thankful we do not live in a big city.

Anyway, here are the numbers:

$25,481.16 401K
+10.452.43 IRA
--------------
$35,933.48 Total Retirement Amount

Posted in Retirement | 5 Comments »

5 Responses to “Next Retirement Milestone Met and New One Set”

  1. Jane Says:
    August 27th, 2020 at 01:43 am 1598492626
    1598492626

    Nice!

  2. Amber Says:
    August 27th, 2020 at 01:56 am 1598493370
    1598493370

    This is awesome, congratulations

  3. terri77 Says:
    August 27th, 2020 at 07:17 am 1598512676
    1598512676

    Congratulations!

  4. Dido Says:
    August 27th, 2020 at 03:37 pm 1598542679
    1598542679

    Always encouraging to meet a milestone, and belated congratulations on being debt free. Now you can really focus on increasing the retirement savings! Hopefully you have a well-diversified portfolio and are prepared for more volatility possible and have an allocation that would allow you to be comfortable staying the course in such a case.

  5. rob62521 Says:
    August 31st, 2020 at 07:45 pm 1598903108
    1598903108

    That is good news. Just like you said, hope things are improving after the big drop in the spring.

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