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Archive for November, 2021

Happy Thanksgiving! 🍁🦃🍽

November 28th, 2021 at 04:24 pm

I see the website has been upgraded in my absence. I like what I see so far!

I hope you had a Happy Thanksgiving. Ours was quiet as usual. We continued our new tradition from last year of Rock Cornish game hens instead of turkey, along with ham, cornbread dressing, carrot soufflé, and my homemade cranberry sauce. I usually do the fresh snap beans with potatoes & bacon, but my dad said to just cooked the stir-fry veggies we had in the freezer. Fine by me! Everything was delish & I'm eating my leftovers today. 🍗🍖🥕

My last two paychecks have had OT on them & that adds up quick. I'm always surprised by how much of an impact it has, but at a rate of 1.5 pay plus the shift differentials, it is significant. Much better than my pay when I had two PRN jobs. Work is about to get busier as my lab manager retires at the end of the year & I am the assistant lab manager. 

I traveled for the first time since 2019! My friends & I met up with my sister in New York. We had a great time. We saw 4 shows, ate great food, & did a ton of walking. 🍎🚖🗽

I have two more trips booked: Nashville in January & Maine next fall. 🎸🪕🦞⛵️ It is also my parents' 50th anniversary this summer so we may do a family trip.

I thought I might hit a million dollars by the end of the year in my TSP, but then the market pulled back due to Omicron. It still may hit those elusive 7 figures in 2021, we shall see. 

Yesterday I went to Hobby Lobby & Michael's looking for a Christmas tree. I had thrown my tree out last year as it had seen better days. I got a 7.5 ft pencil tree at Michael's and a tree skirt at Hobby Lobby. Michael's was much less crowded than Hobby Lobby. The pencil tree will take some getting used to, but it's decked out in rose gold, gold, & silver this year. It's a very pretty color combination, if I do say so myself. 🎄

My birthday is next week & I will probably have a quiet dinner with my parents. 🎂

 

New 401k Limits

November 8th, 2021 at 01:50 am

Last week the IRS announced new limits for remitrement plans. The increase to $20,500 was already anticipated. I will increase my deduction in December to $800. That will give me 25 paychecks contributing $800, then my last paycheck will be a $500 deduction. I can also contribute $789 to get me to the max, but I always like a nice round number to contribute. Plus, it gives me a little extra cash around the holidays.

For 2022 I am planning to contribute the full amount to my IRA in January. My plans is to save $500 monthly in order to contribute the full amount again in January of 2023, and so on.

I've been working OT this past week again. It's good to have a little extra cash around the holidays, whether to spend or to save. I've continued to put money in my brokerage account from the sale of my condo & that has been doing well. All of my investments are doing well, actually. Knock on wood, I may get to $1 million in my TSP by the end of the year if this continues.