MedSaver's Journal
-
- Posts: 1460
- Joined: Sat May 21, 2011 12:15 am
Re: MedSaver's Journal
What are your goals once you reach FI?
Re: MedSaver's Journal
May 2021 Update
Assets:
IRA/Brokerage/403b/457/cash: $1,858,212
Estimated Home Worth: $1,015,000
Liabilities:
Mortgage: $708,588 @ 2.75% fixed
Net:$2,164,624
Assets:
IRA/Brokerage/403b/457/cash: $1,858,212
Estimated Home Worth: $1,015,000
Liabilities:
Mortgage: $708,588 @ 2.75% fixed
Net:$2,164,624
Re: MedSaver's Journal
We aren't entirely certain. Travel more, volunteer, go part time.
Re: MedSaver's Journal
June 2021 Update
Assets:
IRA/Brokerage/403b/457/cash: $2,042,408
Estimated Home Worth: $1,068,000
Liabilities:
Mortgage: $707,386 @ 2.75% fixed
Net:$2,403,022
Assets:
IRA/Brokerage/403b/457/cash: $2,042,408
Estimated Home Worth: $1,068,000
Liabilities:
Mortgage: $707,386 @ 2.75% fixed
Net:$2,403,022
Re: MedSaver's Journal
Financial things are going well, I see Well done!
Re: MedSaver's Journal
July 2021 Update
Assets:
IRA/Brokerage/403b/457/cash: $2,093,331
Estimated Home Worth: $1,075,500
Liabilities:
Mortgage: $706,000 @ 2.75% fixed
Net:$2,462,831
Assets:
IRA/Brokerage/403b/457/cash: $2,093,331
Estimated Home Worth: $1,075,500
Liabilities:
Mortgage: $706,000 @ 2.75% fixed
Net:$2,462,831
Last edited by MedSaver on Mon Aug 30, 2021 11:57 pm, edited 2 times in total.
Re: MedSaver's Journal
I just noticed now that you reached $2 million in investments a couple of months ago; nice!
Re: MedSaver's Journal
August 2021 Update
Assets:
IRA/Brokerage/403b/457/cash: $2,158,713
Estimated Home Worth: $1,092,600
Liabilities:
Mortgage: $704,714 @ 2.75% fixed
Net:$2,546,599
Assets:
IRA/Brokerage/403b/457/cash: $2,158,713
Estimated Home Worth: $1,092,600
Liabilities:
Mortgage: $704,714 @ 2.75% fixed
Net:$2,546,599
Re: MedSaver's Journal
September 2021 Update
Assets:
IRA/Brokerage/403b/457/cash: $2,161,951
Estimated Home Worth: $1,113,000
Liabilities:
Mortgage: $703,433 @ 2.75% fixed
Net:$2,571,518
Assets:
IRA/Brokerage/403b/457/cash: $2,161,951
Estimated Home Worth: $1,113,000
Liabilities:
Mortgage: $703,433 @ 2.75% fixed
Net:$2,571,518
Re: MedSaver's Journal
October 2021 Update
Assets:
IRA/Brokerage/403b/457/cash: $2,271,365
Estimated Home Worth: $1,113,000
Liabilities:
Mortgage: $702,100 @ 2.75% fixed
Net:$2,682,265
Assets:
IRA/Brokerage/403b/457/cash: $2,271,365
Estimated Home Worth: $1,113,000
Liabilities:
Mortgage: $702,100 @ 2.75% fixed
Net:$2,682,265
Re: MedSaver's Journal
Nice. You're getting closer to your first goal of $3 million liquid - maybe a year more or so? How do you feel about that?
Re: MedSaver's Journal
November 2021 Update
Assets:
IRA/Brokerage/403b/457/cash: $2,272,736
Estimated Home Worth: $1,113,000
Liabilities:
Mortgage: $700,800 @ 2.75% fixed
Net:$2,684,936
Assets:
IRA/Brokerage/403b/457/cash: $2,272,736
Estimated Home Worth: $1,113,000
Liabilities:
Mortgage: $700,800 @ 2.75% fixed
Net:$2,684,936
Re: MedSaver's Journal
Annual Update
MedSaver gross W2 income 2021: $977,769 (2020: $532,499), up 84%.
Net income 2021: $499,775 (2020: $312,696), up 44%.
Monthly net: $37,481
Mrs. MedSaver gross W2 income 2021: $169,696 (2020: $160,713), up 6%.
Net income 2021: $22,153 (2020 $21,960)
Monthly net: $1,846
A very strange year. We do not expect to ever have this high income ever again.
Spending breakdown (monthly):
Food: $1700 (up from $1000)
Mortgage: $4200
Insurance: $800 (down from $900)
Student loans (both): $0 (previously $3880)
Utilities: $200 (no change)
Gas: $380 (previously $250)
Internet: $85 (no change)
Cleaning service: $320 (previously $150)
Cell phone: $125 (previously $140)
Travel: $2000 (previously $280) - traveled a little bit, prepaid for a trip in 2022
Other: $9500 (previously $5900)
Total monthly 2021: $19,310 (previously $19,890)
December 2021:
Assets:
IRA/Brokerage/403b/457/cash: $2,452,091 (Jan 2021 $1,725,136)
Estimated Home Worth: $1,113,000
Mortgage: Mortgage: $699,530 @ 2.75% fixed
Net Assets: $2,865,561 (Jan 2021 $1,786,136), which is +$89,952/month (previously $52,165/month)
MedSaver gross W2 income 2021: $977,769 (2020: $532,499), up 84%.
Net income 2021: $499,775 (2020: $312,696), up 44%.
Monthly net: $37,481
Mrs. MedSaver gross W2 income 2021: $169,696 (2020: $160,713), up 6%.
Net income 2021: $22,153 (2020 $21,960)
Monthly net: $1,846
A very strange year. We do not expect to ever have this high income ever again.
Spending breakdown (monthly):
Food: $1700 (up from $1000)
Mortgage: $4200
Insurance: $800 (down from $900)
Student loans (both): $0 (previously $3880)
Utilities: $200 (no change)
Gas: $380 (previously $250)
Internet: $85 (no change)
Cleaning service: $320 (previously $150)
Cell phone: $125 (previously $140)
Travel: $2000 (previously $280) - traveled a little bit, prepaid for a trip in 2022
Other: $9500 (previously $5900)
Total monthly 2021: $19,310 (previously $19,890)
December 2021:
Assets:
IRA/Brokerage/403b/457/cash: $2,452,091 (Jan 2021 $1,725,136)
Estimated Home Worth: $1,113,000
Mortgage: Mortgage: $699,530 @ 2.75% fixed
Net Assets: $2,865,561 (Jan 2021 $1,786,136), which is +$89,952/month (previously $52,165/month)
-
- Posts: 1672
- Joined: Thu Nov 19, 2015 11:20 am
- Location: Earth
Re: MedSaver's Journal
Insanely wonderful accumulation progress!
I mean this in the least offensive way possible, but as someone who consumes in a month what many here do in a year, what do you hope to get out of this community?
I mean this in the least offensive way possible, but as someone who consumes in a month what many here do in a year, what do you hope to get out of this community?
Re: MedSaver's Journal
January 2022 Update
Assets:
IRA/Brokerage/403b/457/cash: $2,330,507
Estimated Home Worth: $1,113,000
Liabilities:
Mortgage: $698,227@ 2.75% fixed
Net:$2,745,280
Assets:
IRA/Brokerage/403b/457/cash: $2,330,507
Estimated Home Worth: $1,113,000
Liabilities:
Mortgage: $698,227@ 2.75% fixed
Net:$2,745,280
Re: MedSaver's Journal
Hello there. No offense taken. We know we spend a lot (relatively speaking). My intentions for this journal are mainly to keep track of our financial state. I would be able to do it otherwise, but having some of these numbers available for review is very helpful. For example, I can easily click through prior posts to figure out what we made/spent for any given month/year since 2016. Beyond that, it's just nice to get an occasional word of encouragement or query from other financially-minded folks.2Birds1Stone wrote: ↑Fri Dec 31, 2021 3:05 pmInsanely wonderful accumulation progress!
I mean this in the least offensive way possible, but as someone who consumes in a month what many here do in a year, what do you hope to get out of this community?
Re: MedSaver's Journal
Getting close to the original goal of $3-4M - have y'all thought at all about what reducing work would look like now that you're getting closer? Has it changed over time?
Also, see that groceries went up quite a bit. Was curious if you ever sussed out the drivers behind that; we are looking to get our grocery spend down and also have high incomes, so want to know what to watch out for!
Also, see that groceries went up quite a bit. Was curious if you ever sussed out the drivers behind that; we are looking to get our grocery spend down and also have high incomes, so want to know what to watch out for!
Re: MedSaver's Journal
February 2022 Update
Assets:
IRA/Brokerage/403b/457/cash: $2,259,855
Estimated Home Worth: $1,150,000
Liabilities:
Mortgage: $696,918@ 2.75% fixed
Net:$2,712,937
Assets:
IRA/Brokerage/403b/457/cash: $2,259,855
Estimated Home Worth: $1,150,000
Liabilities:
Mortgage: $696,918@ 2.75% fixed
Net:$2,712,937
Last edited by MedSaver on Thu Mar 31, 2022 12:37 am, edited 1 time in total.