Tuesday, December 31, 2013

2013 Savings Goals - Final Report (Edited)

(1) Max out 401k(s) -        $29,695 (85%)  (goal is $35,000)
(2) Max out IRA(s) -         $11,000 (100%)  (goal is $11,000) completed
(3) Add to e/r fund -          $10,800 (108%)   (goal is $10,000) completed
(4) Pay down mortgage -   $5,000 (100%)    (goal is $5,000) completed
(5) Trading account fund - $5,000  (100%)    (goal is $5,000) completed
(6) House projects -          $3,200 (107%)     (goal is $3,000) completed

Total:  $64,695 (94%)

Final report shows a deficit of $4,305 in our 2013 savings.  But, as noted before, we exceeded our 2012 savings total of $62,446 and exceeded our 2011 savings total of $60,060.  And, we did so even with Mr. Sam's layoff in July.

Additionally, when you add in Mr. Sam's 401k match of $3,501 (from prior employer) and my !surprise! 401k match of $5,000, our total savings in 2014 exceeds $73,000.  That is a lot of money, and therefore we can't be disappointed in our efforts, our discipline, and our progress.

Happy New Year!

*Edited to reflect 12/30/14 auto transfers to emergency fund and house project account.  




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