We just passed our net worth milestone of $580,000! This is primarily due to a $12,500 (gross) signing bonus that my wife received for her new job. We passed our previous net worth milestone of $570,000 last month.
Our net worth is currently $581,054.24. I will update our chart on the right at the end of the month. We hope to hit our next net worth goal of $590,000 by August.
Overall
June was another great month. Our net worth increased $12,043.24 from last month to a total of $577,606.67 (see spreadsheet screenshot). We passed our $570K net worth milestones this month.
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs. We contribute 5% to my wife’s 401(k). My wife’s company matches up to 5% of her 401(K) contribution and chips in an additional 5% on top of the match (both 100% vested Read more [...]
We just passed our net worth milestone of $570,000! We passed our previous net worth milestone of $560,000 last month.
Our net worth is currently $572,521.55. I will update our chart on the right at the end of the month. We hope to hit our next net worth goal of $580,000 by August.
May was a good income month and a somewhat expense month (see spreadsheet screenshot).
Our total income in May was $11,468.95. In addition to our two regular paychecks, I received a monthly bonus of $2,500 gross ($1,496.25 net). We also got a $450 monthly auto allowance from my company and $49.99 in internet reimbursement from my wife’s company. We earned $4.69 in interest income from our savings account.
This month, our expenses were high. We spent a total of $13,123.47 in May. Read more [...]
Overall
May was another good month. In fact, every month so far this year has been very good. Our net worth increased $8,195.90 from last month to a total of $565,564.43 (see spreadsheet screenshot). We passed our $560K net worth milestones this month.
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs. We contribute 5% to my wife’s 401(k). My wife’s company matches up to 5% of her 401(K) contribution and chips Read more [...]
We just passed our net worth milestone of $560,000! We passed our previous net worth milestone of $550,000 last month. 2017 is tracking to be our best net worth year by far.
Our net worth is currently $561,030.39. I will update our chart on the right at the end of the month. We hope to hit our next net worth goal of $570,000 by July.
April was a good income month and a somewhat high expense month (see spreadsheet screenshot).
Our total income in April was $11,622.20. In addition to our two regular paychecks, I received a monthly bonus of $2,500 gross ($1,496.25 net). We also got a $450 monthly auto allowance from my company and $55.99 in internet reimbursement from my wife’s company. We earned $2.83 in interest income from our savings account.
This month, our expenses were a bit higher than budgeted, but not too Read more [...]
Overall
April was a very good month. Our net worth increased $9,497.74 from last month to a total of $557,368.53 (see spreadsheet screenshot). We passed our $550K net worth milestones this month and nearly made it to $560K.
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs. We contribute 5% to my wife’s 401(k). My wife’s company matches up to 5% of her 401(K) contribution and chips in an additional 5% on top of Read more [...]
Wow! We have been blessed with an awesome 2017 so far. We just passed our net worth milestone of $550,000! We passed our previous net worth milestone of $540,000 last month. To give you an idea of what a great year 2017 has been so far, we ended 2016 with a net worth of $517K. That's a lot of growth in a short period of time!
Our net worth is currently $551,671.59. I will update our chart on the right at the end of the month. We hope to hit our next net worth goal of $560,000 by June. Read more [...]
March was a phenomenal income month and a high expense month (see spreadsheet screenshot).
Our total income in March was $32,097.07, our second highest income month ever (April 2014 was our highest at $37,327). My wife received a 1.5% raise this month. In addition to our two regular paychecks, my wife received a quarterly bonus of $17,325 gross ($9,776.48 net) and I received a monthly bonus of $2,500 gross ($1,496.25 net). We also got a $10,750 tax refund ($8,688 federal, $2,062state), $450 Read more [...]
Our path to financial independence and retiring early.
