I live, write, and garden in the PNW with my husband of 28 years, disabled daughter, adult son, and my 84-year-old mother. We have paid off $250,000.00 worth of debt (if you include the interest) in the last fifteen years and as of 6/12/2020 are 100% DEBT FREE!!!!Just wanted to update retirement, the emergency fund, and net worth.
First up is retirement. We still aren't really making any gains. The only thing that moves us forward is our contributions and of the amount we put in, we lose part of it. It is frustrating. I know we are buying stock and we keep that stock, but I'd like to make real progress, not fake progress. Hopefully, it will turn around after the election when all the uncertainty is over. I really think that is what it is, the not knowing.
$158,908.52 New 401K total
+_15,492.34 New IRA amount
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$174,400.86 New Retirement Amount
-168,177.57 Previous Retirement Amount
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$__6,223.24 Amount of Positive Change in Accounts
Now on to the Emergency Fund, which of course we had to draw some money out of this month.
$11,099.24 Beginning Total
-_4,000.00 Vehicle Expenses
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$_7,099.24 Subtotal 1
+__,__2.16 May Interest
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$_7101.40 Subtotal 2
+_3000.00 Money from MIL
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$10,101.40 Subtotal 3
+___,___.83 Dividend Check from Lousianna Pacific
$10,102.23 New Total of Emergency Fund
So I just need $997.01 to get back to where it was. DH hasn't been offered any overtime. It's like you don't get it when you want it and you do get it when you don't want it for it interfering with your lives.
DH got a partial share of company stock for retirement. I'll add that into the net worth update, along with the difference in the EF and the change in retirement.
$284,232.73 New Net Worth Amount
-264,632.32 Old Net Worth Amount
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+$19,600.41 Total Increase in Net Worth
So between company stock and retirement accounts, we are slighty shy of $9000 to hit the $250,000 mark. I know all of our assets have hit that. But I want retirement to hit that. Company stock is part of retirement, as you get half of what you have accrued when you retire and the second half the next year. Or if DH dies while still working, I will get half the first year, and the second half after one year. But hopefully it won't go that way. I'd like to spend retirement with him, not without him. Anyway, I think we will hit that by the end of the year, barring anything crazy or bad happening that effects the markets. Like stupidness around the election. Or war. Or another pandemic. Just nice normalness between now and then and nothing more.
July 1st, 2024 at 08:46 pm 1719863192
I mostly throw her in VOO sure but still.
July 3rd, 2024 at 03:16 am 1719972973
July 3rd, 2024 at 11:07 pm 1720044461
I agree with you as far as the election...I think the uncertainty is making people wary.
December 15th, 2024 at 08:28 pm 1734294507