Currency |
United States Dollar - USD |
Date Joined |
11/30/2013 |
Salary Range |
150,000 - 199,999 |
Occupation |
Computer Programming |
Age Range |
40-44 |
About Me |
Married with one child.
AGI 2009: $128,397 AGI 2010: $79,488 AGI 2011: $88,582 AGI 2012: $96,406 AGI 2013: $103,220 AGI 2014: $99,487 AGI 2015: $104,173 AGI 2016: $111,669 AGI 2017: $120,403 AGI 2018: $112,235 AGI 2019: $103,381 AGI 2020: $120,725 AGI 2021: $140,854 AGI 2022: $194,320 job change + side work
Time to next $100k (for my own enjoyment; not a relevant stat for anyone else): 0k-100k: 45 months 100k-200k: 61 months 200k-300k: 20 months 300k-400k: 6 months 😮 400k-500k: 6 months 😮 500k-600k: 18+ months and still counting...
I track our “Personal Savings Rate" (PSR) every year, starting in 2010, on the December entries using method #3 from here: https://www.choosefi.com/how-to-calculate-your-savings-rate/ 2010: 23.77% 2011: 18.86% 2012: 5.62% 2013: 5.41% 2014: 4.43% 2015: 2.33% 2016: 5.67% 2017: 5.79% 2018: 7.68% 2019: 18.57% 2020: 19.84% 2021: 16.24% 2022: 19.75% I never included HSA contributions into these PSR calculations, although I might go back retroactively and do this. It probably won't affect the percentages all that much.
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Why I Joined |
I use this site as a data point in our overall retirement plan. It's encouraging to see what others have built by my age. It makes me want to try harder. |
Best Financial Decision |
Locking in student loans and mortgages at historically low rates (this was more “luck” and less “decision”) Maxing out my 401k (although I just started in 2020) Starting a 529 for our child at birth |
Worst Financial Decision |
#1 (ab)using credit cards. #2 contributing small percentages to 401k/taking loans from 401k to pay down credit cards. |
Current Investing Strategy |
2022: Max out HSA + spouse/my 401k. We did it! (mostly. We maxed as much as we could while eligible) 2023: Max out HSA + two Roth IRAs + pay down HELOC since the interest rate crept up so much. We're also heavily lopsided with pre-tax accounts so that's playing into our decision for the year.
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How do you manage your finances? |
401k on autopilot (index funds). |
What tools do you use? |
Budget and long-term planning in Excel. I was a Quicken user for years but jumped ship to YNAB in '19 or '20 |
I need financial help with... |
Boosting income. |
Favorite Books |
Stop Acting Rich. Delivering Happiness. Harry Potter series. |
Favorite Movies |
Top Gun: Maverick. American Made, Jumanji (2017), The Martian. Most Don Simpson/Jerry Bruckheimer movies. Mission Impossible series. Die Hard series. My list changes with mood/time. |
Last Login |
3/29/2023 |