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terri77
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Archive for October, 2025Another MilestoneOctober 30th, 2025 at 08:56 pmAnother milestone! I recently hit $2 million net worth, but today when updating my accounts I now have $2 million in investments on top of my other assets. My total net worth is now approaching $2.2 million. Finance Buff's 2026 ProjectionsOctober 2nd, 2025 at 02:25 pmI don't know how many years I've been reading the Finance Buff, but every year around this time I start checking for their projections of next year's retirement contribution limits. In 2026 I expect to be able to contribute: $24,500 to my TSP $7,500 to my IRA $3,400 to my FSA That is an increase of $1,600. That seems like a lot to my FSA, but I've been using every cent of my FSA with no rollover for a few years now. I don't even expect my income to go up by that much as our raise is projected at 1%, if we're lucky enough to get that. Also, I'm sure my health & dental insurance will increase. I'm glad that I stopped electing for the maximum life insurance as that premium starts increasing at 45. All my parents need is enough to bury me if something were to happen & my basic benefit is many times over that. I have no dependents. They can sell my house. My mom actually prefers my car to hers. My mom gets upset at the idea that I have them as my primary beneficiaries. No parents want to lose a child, but it's just practical & right that they be my beneficiaries before naming my sisters. September 2025 Net WorthOctober 2nd, 2025 at 02:09 pmTSP $1,499,790 IRA $440,022 Brokerage $12,995 Subtotal of Investments $1,952,807 Savings $2,549 Home Equity $141,000 September 2025 Net Worth $2,096,356 August 2025 Net Worth $2,031,090 Monthly Loss/Gain $65,266 |
I am 48, single, no kids. I am a health care professional. I feel that I'm generally a very good saver and a not so good budgeter - hence the credit card debt payoff I worked through in 2020.