Retirement went over $60K this week, so I thought I'd do an update, even though the next contributions go in on Friday and it should jump significantly if nothing wrecks the market this week. I was a touch concerned about the president defying the Supreme Court and if people start worrying about another step towards a loss of the checks and balances of our government, but it didn't seem to. We have Congress and the Supreme Court for a reason. I don't like end runs by any president, which is what executive orders are, and a huge step towards authoritarianism. It riles my nature as an Independent. Most people won't pay attention to that sort of thing until they wake up in a country that no longer resembles a democratic republic. But anyway, $60K! It's another mini-goal on my way to my next big one.
I have to get excited at the one place in life where I feel like I am making progress this year. So retirement is now at $60,370.41, a rise of $1,172.71 since my last check in.
I added the interest for last month to the EF, a whopping $3.85. Anyone else remember when savings accounts paid 7% interest. I wish we had that now. It'd be nice to actually earn a real amount on my EF and sinking funds.
$16,620.06 Starting Balance
+__,__3.85 Interest Added
$16,623.91 New Balance
So net worth goes up by $1176.56, bringing it to $115,003.29. So I guess that interest was worth something. It tipped me over $115K.