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Retirement Milestone

November 23rd, 2016 at 06:57 am

I'm less than $500 from reaching $500k in retirement. My birthday is December 5th & I hope to reach it by my birthday. If my 401k contribution wasn't still floating out there & had been deposited into my Vanguard account I would have reached it yesterday. I'm not sure that these market highs will hold for much longer so I may not reach the goal by the time my contribution shows up. This is a goal I've had in mind for several years & now it's almost a reality. It's very exciting to see it come to fruition.

I'm also excited so see that according to Zillow, I'm almost at 50% equity in my home. Thanks in part due to the fact that my home didn't flood in August, so it increased my home value by about 10%.

Happy Thanksgiving to you all! May you and yours continue to have abundant blessings in the seasons to come.

Two Month Review

October 1st, 2016 at 10:24 am

Two months into my new second job & I feel more squeezed than ever. Maybe having a second job gives a false sense of wealth. I have somewhat over-extended myself with my increased savings.

I am contributing 50% to the 401(k) & $500 to my Roth IRA every paycheck. I had not contributed anything to my Roth IRA since last year. If I contribute $500 for the last 11 pay periods of this year & the first 11 pay periods of next year, I'll have met my maximum contributions for this year & next year. Then I'll have $500 more every pay check.

I'm excited that I'll be able to max out 3 retirement plans next year: my Roth IRA, my TSP, & my 401(k). I am making a lot of hours, but I don't want to complain as I have been searching for another job for some time. This job is a blessing & I see how my retirement savings have grown these past 2 months. Now to decrease the debt.

Goal Attained

September 14th, 2013 at 12:43 am

It's pretty cool when you meet & surpass a goal without knowing it. It was a pleasant surprise when I logged into Mint this morning & was able to mark a goal completed & set a new goal. Two major goals met in one year. Pretty stoked about that.

Happy New Year!

January 1st, 2012 at 01:06 pm

I am so excited to see this new year. I have a lot of hope and wishes for this new year and I believe some prayers will be answered in a big way. God has been faithful to me and my family.

I have spent most of the day going over my financial status and making plans for this new year. My net worth for 2011 increased by $38,000, mainly due to retirement contributions. Pretty good. I think my net worth will increase significantly again this year.

My one financial resolution was to stop shopping. I think this will have a big impact on my financial standing as it will allow me to pay down debt rather than just maintain my credit card debt level as I did this past year.

Increase savings + decrease debt = a recipe for success in 2012!

May 1st Net Worth

May 1st, 2011 at 10:38 am

According to Mint.com, as of today my assets are $398,784.74 and my liabilities are $121,391.26, leaving me with a net worth of $277,393.48.