retireby50's Net Worth for August 2021


Assets Value Change ($) Change (%)
Cash $10,790 ($6,666) (38.19%)
Stocks $143,645 $2,573 1.82%
Bonds $0 - -
Annuities $0 - -
Retirement $489,850 $25,251 5.44%
Home $0 - -
Other Real Estate $0 - -
Cars $5,000 - -
Personal Property $0 - -
Other Assets $51,497 $1,297 2.58%
$700,782 $22,455 3.31%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $0 - -
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $0 - -
Car Loans $0 - -
Other Debts $0 - -
Total Debts $0 - -
Net Worth $700,782 $22,455 3.31%
*All values shown in USD ($)
Notes:
So here we are in August and my holiday in Europe is officially over. I definitely spent quite a bit over the vacation, but it was well worth it to attain the experiences that I did. You only live once and I am happy with what occurred.

Finances are still in flux just a bit as I wont be reporting to work until later in the month and I have some CONUS level travel to complete. On a positive note, I no longer will be supporting my friend with a grad school loan so I dont have to worry about depleting my savings account.

I will pull $5K to assist with some transition costs, but a good portion of it will be reimbursed.

No change to A and B below.

a. Find investment vehicle for mom's savings account that I am building (currently at $8,500)

b. Find account for long term savings. I am of the mindset that I would like to have two "pots" for my savings. One where I retain my money market account at $20k, which will form my emergency nest egg. The second account will be in a slightly more riskier fund (50/50 stocks/bond acct?) and will contain my long term emergency fund, which I would like to grow to $80k+. By doing this, I feel that most of my emergency fund will grow to at least match with inflation over the years.

Of the other assets, $51,497 is in my personal savings. 448 euro is in my European accounts that I still need to close out once my phone bill is settled.

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