Friday, October 20, 2017

Retirement Savings 2017 Complete!

This year, despite my unreasonable and ridiculous spending, I have completed my retirement savings for the year.  My goal was to put $9,500 into retirement for the year and I have accomplished that goal!  Where did all that money go? $2,000 into my 2016 Roth, $5,500 into my 2017 Roth and $2,000 into a taxable account. The contributions and dates are listed below:


1/18/17 - $1,000
4/4/17- $600
4/12/17- $400
4/14/17- $1,004
5/15/17- $1000
6/15/17- $1,000
7/15/17-$1,378
8/15/17- $1,118
8/17/17- $695
9/15/17 -$508
10/16/16 - $797

My retirement account is worth approximately $20,600 as of today. This is great as my goal was to have $20,000 saved for retirement by the end of this year. I finished my retirement savings in November of last year and in October this year.

Looking into the future for 2018, I plan to increase my contributions to $10,500.  That will mean $5,500 into my Roth and $5,000 into my taxable account. My goal will be to have $33,000 saved for retirement by the end of next year.

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