I did it again – against all odds. I started this year with the goals to:- Max my 401K
- Max my Traditional IRA
- Increase my salary
- Overall contribute $54,000 to investments
Despite being funemployed for 4 months (1/3 of the year) I reached all but one of those goals! As of December 31st I’ve invested $37,023.21 in the market (which was above my edited goal of $35K based on not working for 4 months). I maxed my 401K (contributing over $7,000 all in December) and my Traditional IRA. I also now have a new job where I make $5,000-$20,000 more than I did previously (depending on my bonus) while working from home in my pajamas. That’s more than I could have possibly hoped for at my last job. The people that remain there have been strung along for months over a few extra thousand dollars and a title edit. I’m very fortunate and lucky.
Near the beginning of this year I decided I’d retire on the eve of my 30th birthday no matter what. Now I’m thinking of taking a more cautionary approach now that I work from home and have eliminated a lot of the things I despise about work. The prospect of extending my sentence isn’t as painful…still painful 🙂 but not as much. Overall not a lot has changed since the end of 2015 except my net worth: $137,612.83 which was helped with a lot of gains this year. I’m almost on frugal autopilot and am so excited to see what 2017 brings.
Hi! I love how clear you are on your numbers . I am so lost when it comes to what to invest in for my Roth IRA and 401k. Would you be open to sharing what type of investments make up your portfolio or where you recommend I find great u do. There is so much out there and it’s so overwhelming .
Signed ,
A mom who wants to retire and travel with her son in 10 years time (my goal) 🙂
Hi – that’s a wonderful goal! All of my investments are in VTSAX (Vanguard Total Stock Market Index Fund). I talk about why I chose that for myself in the post below. Good luck – you’ve got this 🙂 .
https://apurplelife.com/2019/10/29/why-i-own-100-us-stocks/