One of the main purposes of this blog is for me to track my progress to financial independence which I am well on my way to achieving. April was a normal month as far as contributions go. We did rent out a room in our house for 3 months for $400/month which has helped lower spending and in turn increase investments marginally. We spent over two weeks away from home for work which included a vacation to Hawaii. Being away made me realize just how true it is that your money can work harder than you can. I’ll have a full report soon of our affordable Hawaiian vacation where total cost came in around $1300. Note: if you’re just joining us you can view my most recent net worth update here.
Mr.QCI Net Worth
P2P Lending: $23,062 (+$165)
401k: $25,998 (+$1974)
Vanguard Rollover IRA: $66,755 (+$59)
Vanguard Roth: $23,803 (+$153)
Vanguard Taxable: $62,843 (+$4783)
Individual Stocks/Other Investments: $2846 (-$17)
HSA (amount invested only): $8,002 (+$534)
Total Investments: $213,309 (+$7651)
Status quo as far as contributions for this month. Contributions were made to my taxable account as soon as I got paid.
Assets (Zillow estimated): $401,597 (+$6145)
Liabilities (3 Mortgages): -$256ish (I plan to update this every 6 months or so, but I pay down about $6,000 of debt every year)
Net Worth: $362,906 (+$13,796)
I don’t necessarily trust Zillow estimates, but this is what I am reporting for now. I continue to make minimum payments on all of my mortgages. You can see my real estate holdings here.
Miss QCI Net Worth
401k: $39,093 (+$2741)
Vanguard Roth IRA: $23,685 (+$720)
Rollover IRA: $3,570 (+$23)
Vanguard Taxable: $50,297 (+$807)
Total Investments: $116,645 (+$4291)
Net Worth: $119,645 (+$4291)
Miss QCI, my wonderful significant other continues to crush it as well. She puts 50% of her income into 401k (the max allowed by the company) and still has room to invest in a taxable account – amazing!
Investments (what really matters): $329,954 (+$11,942)
Projected retirement income (assuming 4% rule): $13,198
Net Worth: $482,551 (+$18,087)
Investments were up significantly again. For comparison, March saw an increase of over $15,000 in investments. If this keeps up we may still be able to hit our goal of $400,000 in investments by the end of 2016. Of course, all could come crumbling down at any time.