Sunday, April 19, 2020

Stimulus Checks

How are all of you handling the shutdowns? I'm pretty introverted so my life has not changed very much.  I call and text my mother.  I call and text a few friends. My firm has officially gone to "work from home" status. I go in the office 2 or 3 times a week to check on the mail that has come in or to print large documents, etc.  All and all it's pretty weird not to be able to run to the store at 6:30am on my way to work or 9:00pm at night on my way back from out of town. 

Did any of you receive stimulus checks?  I made just slightly less than $90,000 in 2018, so I qualified for ~$450 in stimulus money. I have not yet filed my 2019 taxes.  In 2019, I grossed about $97,000 so I am glad that I have not had the time to file.  Based on my 2019 income, I would have only received ~$100.  I plan to donate $100 of the stimulus check to charity.  I plan to save the rest.  What are your plans for your stimulus check?

Stay safe everyone!

Friday, April 3, 2020

Retirement Savings

Frankly, it's hard to talk about anything but COVID19 right now, but I am going to try. My retirement investments have dropped considerably.  I am down around $14,000 to $15,000 overall.  Nevertheless, I plan to plow forward and to keep investing.  So below are my retirement contributions to date:

1/3/20 $100
1/4/20 $100
1/15/20 $1,000
1/31/20 $100
2/14/20 $800
2/18/20 $100
2/27/20 $100
2/28/20 $200
3/5/20 $850
3/31/20 $100

All of these contributions have gone into my Roth.  I still have $2,550 left to contribute for the year.  I hope the stock market recovers.  It's so disconcerting to see my paltry savings dwindle away.  I certainly don't believe that I will reach my goal of $100,000 in savings by the time I am 40.