In June, we had an excellent income month but also a large month of expenses.
This month, our total net income was $19,532.82. In addition to my wife’s regular paychecks, she received a quarterly bonus of $11,475 gross ($7,134.31 net) and $19.99 in company reimbursements. We also earned $15.31 in interest income from our savings accounts.
This month, our expenses totaled $18,224.24. Large non-fixed expenses included $4,842.85 for insurance, $4,842 for insurance, $1,805 for vacations, and $427 for clothing.
Next month, my wife should be able to sell some of her company stock for ~$6,000 gross.
In June, our net worth increased $21,972.10 from last month to a total of $2,554,330.26 (see spreadsheet screenshot).
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs. My Wife contributes 7% (just went up 1% this month) to her 401(k) and her company matches 4% and chips in an additional 6% at the end of the year. Her 401(k) increases 1% automatically in March every year. This month, she contributed $1,855.11 to her 401(k). I do not work and do not contribute to a retirement account any longer. The total balance of our retirement accounts increased $35,702.06 from last month to a total of $1,273,691.45.
Brokerage Account
Currently, our brokerage accounts consist of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”). The total current value of our brokerage accounts is $569,439.47, down $19,153.97 from last month.
Cash & Savings Account
Cash and savings accounts consist of a small sum of cash at home, our online savings accounts balance. It does not include our checking account balance that we use to pay our bills each month. Our savings decreased $1,314.32 this month to a total of $6,218.27.
College Savings Accounts
Our kids have 529 Plans through Vanguard. This month, we contributed $165 to our son’s 529 Plan and it increased $4,043.97 from last month to a total balance of $89,834.26. We contributed $165 to our daughter’s 529 Plan and it increased $2,928.08 from last month to a total balance of $64,008.71. Our total 2025 contributions so far are $3,493 for our son and $3,493 for our daughter.
Home
For our home value, we use the $528K purchase price that we paid in July 2016. Current comps in the area are ~$925K. We paid off our home in September 2021.
Vehicles
My wife drives a company vehicle and has a company gas card. I drive a 2017 SUV (~108K miles on odometer) that we own (no auto loan).
Credit Card Balance
All of our credit card debt is paid in full each month.
In May, we had an average month of income but a huge moth of expenses.
This month, our total net income was $11,955.64. In addition to my wife’s regular paychecks, she received $104.99 in company reimbursements. We also received an $85 rebate and earned $28.71 in interest income from our savings accounts.
This month, our expenses totaled $20,650.41. Large expenses included $4,382 for vacations, $2,089 for sitters, and $1,170 for medical.
Next month, my wife will receive a quarterly bonus of ~$11,000 gross but we also have two large insurance bills due (property and auto).
In May, our net worth increased $143,422.63 from last month to a total of $2,532,358.16 (see spreadsheet screenshot).
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs. My Wife contributes 7% (just went up 1% this month) to her 401(k) and her company matches 4% and chips in an additional 6% at the end of the year. Her 401(k) increases 1% automatically in March every year. This month, she contributed $1,244.04 to her 401(k). I do not work and do not contribute to a retirement account any longer. The total balance of our retirement accounts increased $92,474.44 from last month to a total of $1,237,989.39.
Brokerage Account
Currently, our brokerage accounts consist of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”). The total current value of our brokerage accounts is $588,593.44, up $49,398.00 from last month.
Cash & Savings Account
Cash and savings accounts consist of a small sum of cash at home, our online savings accounts balance. It does not include our checking account balance that we use to pay our bills each month. Our savings decreased $7,408.87 this month to a total of $7,532.59.
College Savings Accounts
Our kids have 529 Plans through Vanguard. This month, we contributed $150 to our son’s 529 Plan and it increased $5,345.87 from last month to a total balance of $85,790.29. We contributed $150 to our daughter’s 529 Plan and it increased $3,849.27 from last month to a total balance of $61,080.63. Our total 2025 contributions so far are $3,328 for our son and $3,328 for our daughter.
Home
For our home value, we use the $528K purchase price that we paid in July 2016. Current comps in the area are ~$930K. We paid off our home in September 2021.
Vehicles
My wife drives a company vehicle and has a company gas card. I drive a 2017 SUV (~107K miles on odometer) that we own (no auto loan).
Credit Card Balance
All of our credit card debt is paid in full each month.
We just passed our net worth milestones of $2,550,000 to $2,610,000! Our net worth is currently $2,618,684.35. We passed our last net worth milestone of $2,540,000 in December. We hope to reach our next milestone of $2,620,000 in the next couple of months.
In April, we had a good income month but also a very large expense month. My wife’s 3% raise from her promotion went into effect but we tweaked her tax withholdings, which absorbed most of the salary increase.
This month, our total net income was $11,805.29. In addition to my wife’s regular paychecks, she received $99.99 in company reimbursements. We also earned $51.74 in interest income from our savings accounts.
This month, our expenses totaled $18,815.99. Large expenses included $1,843 for clothing, $1,270.92 for ski reasort season passes for next year, and $2,068 for vacations.
Next month, my wife and I will be traveling overseas for a couple weeks so our expenses will be higher than normal.
In April, our net worth increased $158,297.06 from last month to a total of $2,388,935.53 (see spreadsheet screenshot).
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs. My Wife contributes 7% (just went up 1% this month) to her 401(k) and her company matches 4% and chips in an additional 6% at the end of the year. Her 401(k) increases 1% automatically in March every year. This month, she contributed $1,244.04 to her 401(k). I do not work and do not contribute to a retirement account any longer. The total balance of our retirement accounts increased $89,863.28 from last month to a total of $1,145,514.95.
Brokerage Account
Currently, our brokerage accounts consist of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”). The total current value of our brokerage accounts is $539,195.44, up $74,884.65 from last month.
Cash & Savings Account
Cash and savings accounts consist of a small sum of cash at home, our online savings accounts balance. It does not include our checking account balance that we use to pay our bills each month. Our savings decreased $6,572.01 this month to a total of $14,941.46.
College Savings Accounts
Our kids have 529 Plans through Vanguard. This month, we contributed $378 to our son’s 529 Plan and it increased $146.98 from last month to a total balance of $80,444.42. We contributed $378 to our daughter’s 529 Plan and it increased $212.62 from last month to a total balance of $57,231.36. Our total 2025 contributions so far are $3,178 for our son and $3,178 for our daughter.
Home
For our home value, we use the $528K purchase price that we paid in July 2016. Current comps in the area are ~$930K. We paid off our home in September 2021.
Vehicles
My wife drives a company vehicle and has a company gas card. I drive a 2017 SUV (~106K miles on odometer) that we own (no auto loan).
In March, we had a huge income month and very large expense month. We also finished our taxes and owe $2,190 to the fed and will receive a $3,480 refund from the state.
This month, our total net income was $53,972.30, thanks in part to my wife’s 4.26% raise from last month’s review. In addition to my wife’s regular paychecks, she received a $52,967 gross (28,882.02 net) quarterly bonus, and $104.99 in company reimbursements. She also sold $13,343.72 in company stock. We earned $28.28 in interest income from our savings accounts.
This month, our expenses totaled $28,505.47. Not too bad considering our amazing income month. Large expenses included $7,850 for home maintenance, $2,121 for vacations, and $5,635 in giving.
Next month, my wife will receive another raise (3%) from a promotion that she received on Friday, taking her annual salary to $219,661 gross. In addition to the raise, her target bonus total increased to $52,100 and her annual LTI stock increased to 40% of her salary ($87,864 in company stock total).
In March, our net worth decreased $88,733.17 from last month to a total of $2,230,638.47 (see spreadsheet screenshot).
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs. My Wife contributes 7% (just went up 1% this month) to her 401(k) and her company matches 4% and chips in an additional 6% at the end of the year (they just deposited $16,324.48 match into her 401(k) this month). Her 401(k) increases 1% automatically in March every year (just increased to 7% this month). This month, she contributed $3,714.69 to her 401(k). I do not work and do not contribute to a retirement account any longer. The total balance of our retirement accounts decreased $58,241.86 from last month to a total of $1,055,651.67.
Brokerage Account
Currently, our brokerage accounts consist of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”). The total current value of our brokerage accounts is $464,310.79, down $38,449.61 from last month.
Cash & Savings Account
Cash and savings accounts consist of a small sum of cash at home, our online savings accounts balance. It does not include our checking account balance that we use to pay our bills each month. Our savings increased $13,148.94 this month to a total of $21,513.47.
College Savings Accounts
Our kids have 529 Plans through Vanguard. This month, we contributed $2,500 to our son’s 529 Plan and it decreased $3,361.03 from last month to a total balance of $80,297.44. We contributed $2,500 to our daughter’s 529 Plan and it decreased $1,588.74 from last month to a total balance of $57,018.74. Our total 2025 contributions so far are $2,800 for our son and $2,800 for our daughter.
Home
For our home value, we use the $528K purchase price that we paid in July 2016. Current comps in the area are ~$930K. We paid off our home in September 2021.
Vehicles
My wife drives a company vehicle and has a company gas card. I drive a 2017 SUV (~105K miles on odometer) that we own (no auto loan).
Credit Card Balance
All of our credit card debt is paid in full each month.
In February we had a higher than normal income month and reasonable expense month.
This month, our total income was $14,460.78. In addition to my wife’s regular paychecks, she received a surprise $3,000 award bonus and $104.99 in company reimbursements. We also earned $23.95 in interest income from our savings accounts.
This month, our expenses totaled $10,499.64. Large expenses included $2,029 for household items, $1,576 for groceries, and $1,042 for dining.
Next month will be huge. My wife is one of the top performers at her company and will receive a $52,967 gross quarterly bonus, a 4.26% raise (increasing her annual salary to $213,264), and $49,082 in company stock.
Our path to financial independence and retiring early.
