Another month of ATH, though the pace of increase has slowed down.
I suppose, the next milestone is to see the FI funds cross $2M.
October has been a welcome change of pace from the chaos of early fall. Fall sports typically wrap up by early October and then we take it easy for the rest of the month. Winter training picks back up in November.
We are all doing well and thankful for everything we have going on in our lives. Hope all you readers have something to be thankful for.
We breached the $2.5m mark in total assets. NW is at $2.18m and FI funds almost at $1.85m. All high water marks.
We missed to publish updates for July and August – I’ll put it down to the madness that engulfs our lives in late summer/early fall – start of the sports season. Especially HS sports.
Here is spending for September.
Hope you all are having a good start to fall. Cheers!
End of July signifies wrapping up spring/summer sports. And then turning around getting ready for “fall sports” to fire up the new season in mid August! When it comes to sports, we don’t play around 😀
It’s been an unusually hot end for July. With temps hovering around 100°F, we are glad to spend more time within the confines of artificial air conditioning.
We saw a $69k increase in NW last month, a growth of 3.6% from the month before.
Spending in May
At about $5k, spending in May was a bit higher than usual. But none of the categories stick out.
We’re enjoying summer in our part of the world. Though rainfall has been quite a bit higher than usual. School is over and we’re utilizing the mornings in sports and activities.
We hope you’re enjoying this time of the year, wherever you are. Cheers!
We missed the post in March! Any way, here goes April (with March’s number included).
A bumper loss in March, followed by a wash in April.
Spring sports have been taking over our lives this past two months. Weekends are a blur with plethora of games, all over town, and some out of town. Schools will be done in a couple of weeks and we’ll get some sanity back into our lives. But we love this chaos!
Hope you are enjoying spring as much as we are. Cheers!
NW was down ~$10k for February. Which for March will turn a deep shade of red.
We are reaping some glorious spring weather, interspersed with school closures for snow! Another storm system is supposed to fly by tonight – kids are looking at the prospect of another day off tomorrow.
Hope you’re doing well, from wherever you’re reading this. Cheers!
We had an increase of $264k last year and ended with $1.9m in Net Worth.
Since we started tracking and documenting our journey towards FIRE from beginning of 2017, we’re amazed how far we’ve come. In January 2017, our net worth stood at $458k. In 8 full years, we are over $1.9m. Whoa!
This year we added in the “FI Funds” in the visual. That is the value of our liquid investments.
We made the following contributions to our investment accounts last year:
401(k) – $14,954 (only for W) – $4,267 less than in 2023 but hit goal set last year
IRAs – $14k (combined for both) – hit goal of max limit; as we did in 2023
Brokerage – $0 – was $2,00 in 2023, and this wasn’t a priority last year
529 – $3,000 – $800 more than 2023, and hit stretch goal
HSA – $8,300 – $1k paid by employer, so we put in the max $7.3k allowed
In all, we contributed $39,254 to our investments in 2024.
We took a planned international trip last year, for us to see family. Then M had to make that same trip again, alone, as a parent passed away. Then another planned international trip for all three of us to one of the most expensive countries in Europe, over Thanksgiving. And then ….M took another trip back to take care of some things! A LOT of travel, and money spent on travel, this past year.
For 2025 we don’t have a single international trip planned. We do, however, anticipate quite a bit of road travel in domestically this year. We’ll see how that pans out.
Goal for 2025:
IRA: Hit max limit of $7k individually; $14k for both
HSA: Hit max limit of $8,550 for families. W’s employer chips in with $1k, so out of pocket for us would be $7,550
401(k): Hit $15k.
529: Minimum of $3,000. $3.5k would be a stretch goal.