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Retirement Progress

January 14th, 2018 at 08:43 am

Contributed $200 leftover in other budget categories to the IRA, bringing 2017 contributions to $2140. I have a $150 check in hand to deposit and send in as well, so after that the I’ll need $710 to meet my goal of $3000 for the year. My employer still owes me an additional $150 for overtime, they’re just slow to pay since it comes from a separate cost center. Still need $560 after that. Would love to get this done this month so I can file my taxes at the end of January. That will make it easier to reapply for IBR in February. Really looking forward to knocking the retirement goal out so I can go back to chipping away at my student loans. As a side note, my IRA balance reached $1,000/year of age for the first time ever with how high the market has been lately. It will probably dip down again, but kind of a neat milestone.

Today should be a low spend day. Currently making food to bring with me to work this afternoon. I plan to stop on the way in and get a replacement travel mug (mine disappeared, probably because a lot of us had the same style which caused confusion). This should also help cut down on splurging for coffee on long days, or at least get me the refill rate.

2 Responses to “Retirement Progress”

  1. rob62521 Says:

    Good move on adding to the IRA. You will be happy when you retire to see all that extra money!

    You are right, having a travel mug or Thermos and using it will help cut down on splurging for coffee.

  2. greenleaf Says:

    Thanks Rob2521, Roth IRAs are a great deal tax-wise, so I'm trying to take good advantage of it while it exists and I qualify- you never know what the future holds!

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