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Year End Analysis (* Early December Edition)

December 11th, 2016 at 07:14 am

I was reading different forum posts discussing how their investments / savings / net worth was doing this year. And with some time available at work to put together my numbers.... well... I figured, hey why not put something together now as my other financial items to blog about here are just same old / nothing new. So with that intro I have here my....

[ALERT: Boring Analysis Follows]

*** 2016 Year End Financial Analysis (pre end of year edition) ****

OK, so where do I start? First these numbers are rounded to get approximate performance. Ok, so how about looking at my different savings vehicles and see how they performed? OK, lets start there...

*My 457 plan (401k equivalent): Started the year at $373k now, and is now $460k. I put in $24k, that leaves $63k growth - almost 17% growth after backing out contributions. Overall that is a 23% increase.

* My ROTH IRA: Started the year at $94k, now its over $113k. I put in $6k, leaving growth of $13k. That's almost 14% growth and an overall 20% increase.

* My Brokerage: I Started the year at $38400, now $57500. I put in $12,500, leaving growth of $6600 - 17% growth, and overall 49% increase.

So maybe a ~16% growth year to date? And overall a 25% increase. (Yes, I didn't work out my DRIP numbers as I don't have numbers for them, plus I wasn't adding anything to them this year - except for my trash DRIP). I really need to get stock certificates from them so I can transfer them to my brokerage (or sell them - not sure which makes sense).

Sooo.... how about my savings rate? OK, I am going to give percentage numbers here versus my gross...
Payroll taxes are 25%. Property taxes are 3.5% How much did I contribute to 457/Roth/Pension/Brokerage? Those contributions were close to 50% of my gross. Insurance costs (health/house/car) + child support was another 9% of my gross.

My savings account is right what it was at the beginning of the year, so that means I am living off of what is left over. That would be... 100% - 50% - 25% - 3.5% - 9% = 12.5%

So I am able to live off of 13% of my income (with a nice subsidized health insurance - lets not kid myself otherwise). While I am happy living at this rate, I know its not sustainable. I will need to upgrade the car in the coming years (hopefully not for a while), do some work on the house ($$$), and who knows what else could come up. Still, not too shabby.

Last interesting note... what I live on versus what my savings earned... I could live for a numbers of years on what my investment earnings were this year. If only I knew what my future expenses would be... sigh.

3 Responses to “Year End Analysis (* Early December Edition)”

  1. rob62521 Says:

    Wow, your investments have done quite well. As for future expenses, who knows. But, you are smart to put away as much as you can at this point.

  2. LivingAlmostLarge Says:

    great investment rate. Have you considered retiring earlier? When is the plan?

  3. Single Guy Says:

    LAL, I have a pension I can get immediately in just over 6 years - otherwise if I leave earlier I will have to wait until 65 y.o. to get any pension payments. While looking at the numbers indicates I would survive if I leave work earlier, the plan (for now) is to stick it out until then, and enjoy the paychecks and subsidized health insurance. And enjoy life more today.

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