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Showing posts from October, 2016

Retirement Saving Update

My goal for 2016 was to save 9,000 toward retirement.  As of 10/15/16 I have saved  $8,720 towards my $9,000 goal!  I have less than $300 to go to make my goal.  I should be able to get that $280 put away in November.  I can't believe that I went from having no money for retirement to having almost $9,000 in one year.  Every time I contribute to my retirement account I am amazed that retirement may actually become a reality for me one day.  I'm already dreaming of having $18,000 for retirement by the end of next year.  Speaking of retirement, a few weeks ago I received a statement from the social security administration.  Based on the information in the statement, my full retirement age is 67 and I (based on current numbers) should receive $2,363 a month in retirement benefits. I tend to wonder if social security will be around in 30 years in the same format that it is in now.  Nevertheless, if I do receive over $2,000 a month in socia...

New Worth- End of September

Here is where things stood as of the end of September 2016   Savings-  $10,000 Emergency Fund $6,295.08  Online Savings Account/$1,260 of that amount is for my Car Replacement Fund $7,516.10 Retirement- Roth IRA $2,209.82 House fund $640.48 Travel Fund (Work) Home- $279,170-per zillow                   Total (not including home): $26,661.48                   Total (including home): $305,831.48 Liabilities- $43 dentist bill- this will be paid from my 10/15 paycheck   Mortgage $218,041.66                                  Total (not including mortgage): -$43                     Total (including mortgage): -$218,084.55            ...