0OK, as a follow up to last year's End of Year Financial Status, I have put together a 2017 version...
*** 2017 Year End Financial Roundup ***
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 $460k now, and is now $563k. I put in $24k, that leaves $79k growth - almost 17% growth after backing out contributions. Overall that is a 22% increase.
* My ROTH IRA: Started the year over $113k, ended the year a little under $139k. I put in $6.5k, leaving growth of $20k. That's almost 17.7% growth and an overall 23% increase.
* My Brokerage: I Started the year at $57500, now $80600. I put in $14,300, leaving growth of $8800 - 15.3% growth, and overall 40% increase.
* HSA Account: New this year, it ended up at $4400
* Loan: New this year, an outstanding loan to the SG-GF. Current balance of about $5000.
So maybe a ~16% growth for the year. And overall a 25.6% increase. (Yes, I didn't work out my DRIP numbers as I don't have numbers for them (they're around $50k), 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? The percentages are similar to last year [url=http://bennkar.savingadvice.com/2016/12/11/year-end-analysis-early-december-edition_210752/](See 2016 here)[/url], though the savings percentage went from ~50% to near 55%. The other expenses were similar, so my living expenses probably came in at about 10% of my gross salary. Ok, that's just crazy. I don't feel like I am deprived at all. I went on a 2 week Florida / WDW vacation with SG-GF. My car is fine for my needs. I spent 2 weeks with my son visiting relatives back home. Spent long weekends and then some with the SG-GF as well. I am happy living at this rate but I know its not sustainable forever. 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. asdf123
OK, as a follow up to last year's End of Year Financial Status, I have put together a 2017 version...
*** 2017 Year End Financial Roundup ***
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 $460k now, and is now $563k. I put in $24k, that leaves $79k growth - almost 17% growth after backing out contributions. Overall that is a 22% increase.
* My ROTH IRA: Started the year over $113k, ended the year a little under $139k. I put in $6.5k, leaving growth of $20k. That's almost 17.7% growth and an overall 23% increase.
* My Brokerage: I Started the year at $57500, now $80600. I put in $14,300, leaving growth of $8800 - 15.3% growth, and overall 40% increase.
* HSA Account: New this year, it ended up at $4400
* Loan: New this year, an outstanding loan to the SG-GF. Current balance of about $5000.
So maybe a ~16% growth for the year. And overall a 25.6% increase. (Yes, I didn't work out my DRIP numbers as I don't have numbers for them (they're around $50k), 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? The percentages are similar to last year
Text is (See 2016 here) and Link is http://bennkar.savingadvice.com/2016/12/11/year-end-analysis-early-december-edition_210752/
(See 2016 here), though the savings percentage went from ~50% to near 55%. The other expenses were similar, so my living expenses probably came in at about 10% of my gross salary. Ok, that's just crazy. I don't feel like I am deprived at all. I went on a 2 week Florida / WDW vacation with SG-GF. My car is fine for my needs. I spent 2 weeks with my son visiting relatives back home. Spent long weekends and then some with the SG-GF as well. I am happy living at this rate but I know its not sustainable forever. 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.