Retirement Planning 2018

As you silent lurkers know, I play around with retirement calculators from time time.  In addition to becoming a “millionaire,” I would like to retire early.  I’m not saying that I want to stop working, but I don’t want to have to “depend” upon a steady income.

Today, according to Mint.com (which is just an estimate), I can “retire” in less than nine years.  (Don’t mind the $131,656, for the website did not have an updated connection to my work retirement account.):

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Having a million dollars is not the “end goal,” for, as this article points out, that amount of money might not be enough during retirement.

Thoughts?

Onwards and upwards!

 

End of the Year Update: How Did I Do?

Happy belated holidays!  I am on vacation, so wanting to blog was waning.  Yet, I have the final calculations for 2017.

In investments: For 2017, my approximate rate of return is 22%.  This was a good year for the stock market.

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For the month of December, my net gain was ~$9K.  Although cash did go up, I had to pay property taxes, since, without a mortgage, I don’t have escrow:

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And, here is the big showstopper.  My goal for 2017 was to increase my net worth to $600K, I fell short by $1,917.  It’s not bad if one considers that I prepaid a 2018 trip to Costa Rica, and I purchased a pricey toy for myself.  (By the way, look at the growth of my investments!)

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So, my goal for 2018 is to grow my net worth to $700K.  I am not sure that it is doable, since I did not meet my 2017 goal, but we shall see!

Do you have any financial goals for 2018?  Let me know in the comments!

Onwards and upwards!

Happy New Year!

2017 November Net Worth Update

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Although I paid my property taxes in November, cash is still up.  Yesterday’s stock market boom notched up the investments (but I expect they will come down soon).  I was happy, though, with the overall $10K increase from October.

How was your November?  Did your net worth increase, decrease, or stay the same?

Onwards and upwards!

Investment Quickie

It’s nice when you see one of your equities is surging.  I own individual shares of one of the following.  (NB: I’m still a big proponent for mutual funds, but I am also in favor of owning individual stocks, if you like the company, as long as it’s 1% or less of your entire investing portfolio.)

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