Review of 2019
Financial Goals
Happy New Year! We had a blessed year and
did pretty good on our financial goals. Here
they are:
1) Pass our 2022 Net Worth Goal - SUCCESS We’ve been tracking 3 years ahead of our net worth goals and were able to increase this trend to 4 years ahead of our goals in 2019. We ended 2019 with a net worth of $829,705, well above our 2019 goal ($510K), 2020 goal ($575K), 2021 goal ($645K), 2022 goal ($721K) and 2023 goal ($803K). Amazing!
2) Read more [...]
We passed our net worth milestones of $830K this month! Our net worth is currently $832,764. We passed our last net worth milestone of $820K last month. We hope to reach out next milestone of $840K next month.
In December, we had one of our largest income months ever and
a reasonable expense month too, considering our income (see spreadsheet
screenshot). Thank God for our blessings!
Our total income in December was an amazing $32,598.24! This was our 3rd largest income
month ever (larger months were: $37,327.14 in Feb 2014 and $35,641.77 in Sept 2017).
In addition to our regular paychecks, I received a monthly bonus of $1,950
gross ($1,084.39 net) and my wife received a quarterly bonus of $19,500 Read more [...]
Overall
December was another HUGE month
for our net worth. Our net worth increased
$29,555.75 from last month to a total of $829,705.36 (see spreadsheet screenshot). We passed our net worth milestones of $810K
and $820K in December! We nearly passed
$830K too! What a great way to end the
year!
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our
Roth IRAs and our Traditional IRAs. We
contribute 7% to my wife’s 401(k). Read more [...]
We passed our net worth milestones of $820K this month! Our net worth is currently $821,900. We passed our last net worth milestone of $810K earlier this month. We hope to reach out next milestone of $830K by February.
We passed our net worth milestones of $810K this month! We passed our last net worth milestone of $800K last month. We hope to reach out next milestone of $820K by February.
In November, we were blessed with a strong income month and
a reasonable expense month (see spreadsheet screenshot).
Our total income in November was $14,794.99. In addition to our regular paychecks, I
received a third “extra” paycheck and a monthly bonus of $1,950 gross ($1,084.39
net). My wife also received $651.21 in auto
allowance / mileage reimbursements and $46.99 in internet reimbursements. We earned $7.96 in interest income from our
savings accounts.
This month, Read more [...]
Overall
November was another amazing
month for our net worth. Our net worth increased
$13,211.02 from last month to a total of $800,149.61 (see spreadsheet screenshot). So happy to pass our net worth milestones of
$790K and $800K!
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our
Roth IRAs and our Traditional IRAs. We
contribute 7% to my wife’s 401(k). My
wife’s company matches up to 5% of her 401(K) contribution (100% vested Read more [...]
We passed our net worth milestones of $800K this month. We passed our last net worth milestone of $790K last month. We hope to reach out next milestone of $810K by December.
We passed our net worth milestones of $790K this month. We passed our last net worth milestone of $780K last month. We hope to reach out next milestone of $800K by December. That would be an awesome way to end the year!
Our path to financial independence and retiring early.
