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} { This Close!

March 2nd, 2015 at 07:51 am

Well, we are almost half millionaires. I suppose we probably are if house equity and cars etc were included but I really don't consider either of those "investments" and I don't like to worry too much about market values of assets that are so illiquid that it seems pointless. We don't live in a "hot" real estate market. It isn't uncommon for houses in our area to take years to sell, so it's a good thing we're fairly happy living here.

I also don't consider the college funds we have set aside because it's pretty certain that all that money will be spent on tuitions. LOL

Investment Balances at end of February

Retirement Accounts

401ks: $253,454
IRAs: $43,743
Def Compensation: $91,216

Total Retirement: $388,413

Taxable Accounts
SCHB ETF: 2,633
Fidelity: 91,946
Loyal3, TradeKing: $8,870
DRiP/DSPP Plans: $2002
P2P Lending Accounts: 3,295

Total Taxable: 108,746

Total Investments: $497,160

We have been playing around with several calculators recently trying to determine just how we should structure our money in order to fund an early retirement. In other words, how to pay for those years before we can start tapping our 401k and IRA money. This is the main reason we have been saving so hard outside of retirement funds in recent years.

About the one concrete factor we can agree on is that we'll need a paid off house. Our mortgage is scheduled to dip below $100k balance in the next couple of months so we are strongly considering using a large part of our year end bonus monies to knock it out. With such a low interest rate I'm not convinced it is the best thing to do, but then again the stock market seems to be positioning for another one of those "corrections" so maybe a guaranteed return of debt payoff is better than Investing right now.


2 Responses to “} { This Close!”

  1. Tabs Says:

    Very nice, congrats!

  2. LuckyRobin Says:

    That must make you feel very secure. I know it would me.

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