retireby50's Net Worth for February 2023


Assets Value Change ($) Change (%)
Cash $9,457 ($1,543) (14.03%)
Stocks $128,861 $7,886 6.52%
Bonds $0 - -
Annuities $0 - -
Retirement $466,022 $19,876 4.46%
Home $0 - -
Other Real Estate $0 - -
Cars $5,000 - -
Personal Property $0 - -
Other Assets $53,680 $414 0.78%
$663,020 $26,633 4.19%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $0 - -
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $20,967 $20,967 -
Car Loans $0 - -
Other Debts $0 - -
Total Debts $20,967 $20,967 -
Net Worth $642,053 $5,666 0.89%
*All values shown in USD ($)
Notes:
No change to A and B below.

a. Find investment vehicle for mom's savings account that I am building (currently at $1,000)

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.

Admittedly, I am continuing to spend quite lavishly on silly expenses and a trip to Houston/Vegas. I will be tapping the savings to pay off the card debt I racked up.

I have one more trip planned and will probably tap my savings again to cover my expenses before I finally calm down for a bit.

Yup, definitely some silly trips and expenses, but I even I have to live it up every once in a while. I am in a mighty fine position right now and I will qualify for a pension in three years for government service.

Small blip on the radar, but my path to financial independence is still very solid.

Comments