We contributed $10,864.10 this month to our retirement accounts, and we gained $11,645.82 in investment value this month. $6500 of that is still in a savings account waiting to see if we can contribute it to a Roth or our taxable account (I’m picking up TurboTax on my way home from work today to get started).
2016 was a lot nicer to us in investment gains, but doesn’t quite make up for 2015’s losses, although we’re only about 10k lower than our planned account balance at the end of the year.
We made our goals this year, thanks to a lot of cash back on our Fidelity card. We lost Dad’s awesome match and HSA contribution in May, and are down to a 4% match, and $500 HSA contribution (last year). This year, his company is contributing $1500 to our HSA, spaced out over 12 months. And our insurance is even better ($30/mth to cover all three of us with a HDHP!), with a lower deductible.
We’re planning on fully funding our Roths this year, or putting that money in our taxable account. I’m putting aside $917/mth in our budget for that, which will get me to 11k by next December. We’re also upping our base contribution to our taxable account to $300/mth (which will then be supplemented by our cash back), and we’re coming out about even given the loss of Dad’s matching from his old company.
We’re still shooting for a contribution of 70k, and an increase of about 6% over the year, and if we continue to make it, we can retire in 2026.
In 2016 we contributed $70,115.73 (100.17% of our goal of 70k), and we gained $47,608.99 in investment value (156.59% of our planned total).