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Closing Out June

July 1st, 2024 at 05:30 am

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.

3 Responses to “Closing Out June”

  1. LivingAlmostLarge Says:
    1719863192

    Why isn't your retirement going up? SP is up 28% for 1 year over year. The YTD is something like 14%. What is your AA? I ask because I now invest my mom and she's up 14% YOY from last july not nearly as aggressive as I am. BIG chunk in 5% cds and t bills. But with a balance of index funds she's doing extremely well for a retiree.

    I mostly throw her in VOO sure but still.

  2. LuckyRobin Says:
    1719972973

    I have no idea. We are going to sit down and look at things this weekend. Something weird is going on.

  3. rob62521 Says:
    1720044461

    I was going to ask the same thing...although it's been up and down, my retirement accounts that are invested in the stock market have made some gains. I am not putting anything in since I'm retired and not working.

    I agree with you as far as the election...I think the uncertainty is making people wary.

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