I am sorry for any typos in this. My space bar is sticking and I don't have any compressed air to clean it out. I think I've got them all, but I'm not sure. Our retirement accounts are starting to turn around. Don't get me wrong. The IRA is still -18.04% for the year, because it plunged even lower than my last report, but it's come back up by a little over a thousand dollars. That's a loss of $2707.65 in an account we don't contribute to at all right now. It will have to climb a lot higher to erase that percentage and I don't think it can do it by year's end.
The 401K went from over -25% for the year to -13.59. The loss for the year, only because we have been contributing, is -$9488.88. We won't make up for that this year, either. There are only four contributions of $1152.48 to be made, mostly from us, but some from the employer match. Even if DH gets any over time, it won't be enough without a tremendous rise in the stock market. I haven't been watching since August, though, because the whole year has been so awful, so I don't know what it was doing. But judging by our contributions versus where we were at the end of August, it still ate half of them, so I'd say it wasn't the greatest.
Still it is up since the last time I changed my sidebar by $4920.33. That brings the amount in retirement to $83,848.84. I also transferred $1000 out of the emergency fund to fix a leak in the van's sunroof. Never again will we have these on a vehicle we buy. This is the second time we have had to do this repair. I mean the van is 12 years old, but they should build it so this never happens.
When it rains hard the water leaks down into the seat belt wells and soaks them, so when you pull your seatbelt out it is drenched. So it etiher goes against your jacket or sweater, so you have a wet piece of clothing or you keep towels in your car to put between you and seat belt which is not comfortable and kind of a distraction. And if it freezes really bad, like 17°F or less (-8.3°C), the seat belt will get frozen in the ice after it fills up with water during the day before the temp drops, whether it is rain or melting snow. If we hadn't just shelled out over $1200 on vehicle maintenance and replacement filters and whatnot, we'd have had the money in our car maintenance envelope. But we did, so we didn't have it.
Anyway, that reduces the EF to $10,285.51. Which means the total of net worth changes by $3920.33, going from $146,216.13 to $150,136.46. So we have hit a major milestone goal for us, crossing the $150K barrier on net worth. This was such a long, long time coming. I feel like we are lucky we even got here considering the last year, where everything that could go wrong with the economy, did go wrong. So while it is amazing to see it, I'm still kind of scared it will disappear on me before the end of the year, and hoping like crazy it doesn't. But I will know we hit it once and that we will be able to hit it again somehow, some way, if we have to. And know, as they say, is half the battle.
November 14th, 2022 at 12:16 am 1668385003
I agree with you...they should make those vehicle sunroofs better.