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Q2 and Mid-Year Outlook

July 1st, 2022 at 09:44 am

I haven't done the final tally, but I'm down again for Q2. I don't know if there's an end in sight so I just keep plugging away. I'm still north of $1 million overall, and also in retirement.

This is a strange economy. There seems to be no limit on jobs available, yet no people to fill the vacancies. So many people are leaving the healthcare field. It makes me nervous for the future of healthcare in this country. And I'm happy that I'm not traveling this summer as flights continue to be canceled due to a shortage of pilots.

I read an article that estimated that 401k limits will increase to $22,000 next year due to inflation. I am anticipating an increase to the IRA limit as well. We shall see.

1 Responses to “Q2 and Mid-Year Outlook”

  1. Honey Says:
    1656706652

    lol, I just posted about the fact that we will finally be able to max our IRAs next year, but if the limits go up, it may be another year. Oh well, a dollar saved is a dollar saved. I don't know much about the health care industry - but I just saw post in our neighborhood FB group... so many kiddos are applying for jobs at places that are screaming for help, but then aren't getting interviews or call backs. We are definitely in a weird place right now. All we can do is take it one day at a time. Congrats on still being north of a cool mil!

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