Net Worth......November 1st Update

We have gone from acquisition mode with money into spend-down mode since we are now officially retired here at Chez Sluggy.

Our Net Worth will no longer be growing(well that's what I thought going into this phase)so I have to stay on top of what we have and where it sits.
I shared where we keep out money and why in the first Post-Retirement Net Worth post HERE.

So here is how the money did in October......

* Checking Account #1 Went up by $3624.52(mostly due to the deposit of the RMSA reimbursement).
* Checking Account #2  Went up .27¢(monthly interest)
* Savings Account  Went down .97¢(down $1 for fees, earned .03¢ interest)
* Online Accounts  Went up $61.25(monthly interest)
* Certificate of Deposit  Went up $245.21(interest)
* US Savings Bonds  Went up $11.70(interest)
* Cash on Hand  Went down $1,000(mostly due to puppy and related purchases)
* 401K Account  Went up $2,064.64(monthly interest) We didn't have to tap it in October so it just grew. 8-)
* HSA Account  Went up $1.54(monthly interest)  Again we didn't have to tap this account for medical expenses.
* RMSA Account  Went down $1463.98.  The interest earned on this account offset the healthcare premium reimbursement amount by about $300 so it didn't go down as much as it might have.

Overall we lived within the monthly annuity payment and paid the healthcare premium from the RMSA account.  The interest in our accounts basically added $3544.18 to our net worth in October and we ended the month with a bit more money than we started it with.

I am by no means a financial expert but I'll readily share what worked for us on our financial journey if you have questions.

Did you increase your net worth last month?
Do you have a retirement plan in place?

Sluggy

Net Worth.....May 1st Update

We are up over $13k from the April 1st net worth overall(only liquid cash/investments/bonds, as I don't count housing or car values).  The retirement accounts were up over $9K for May 1st 2017 from the April 1st 2017 calculations and the cash reserve/non-retirement accounts were up almost $4K.
Most of that cash reserve/non-retirement accounts earnings was regular pay and a federal tax refund.

We are up $96,891.24 from one year ago, from the May 1st of 2016's net worth snapshot.
I know those of you paying off debt dread interest rates going up but those of us trying to grow our savings and are too close to retirement age(or retired)to risk a lot of it in the stock market, so we hunger for interest rates to climb.  They have been artificially depressed for soooo many years by those in charge and our federal government that it's almost impossible for regular people who are saving to get ahead of the inflation rate.  This is a travesty!
But I digress.....

We are still in acquisition mode and Hubs still has a good income.  We continue to live well below our means and sock away as much cash as we can for retirement.  Luckily in April we didn't have any big money emergencies as I try to be proactive in looking ahead for problems to avoid them.

Life happens and is expensive so save as much as you can for those rainy days no matter your age or how close/far away you are from retirement.

Did you increase your net worth last month?
Do you have a retirement plan in place?

Sluggy