Detailed Financial Picture – January 2017

December’s Numbers

As of January 11, 2017, we are $302,001.87 in debt with a mortgage.  We currently have $1,038,975.17 in assets.  Our investment accounts are at $614,131.46. Our Net Worth is $736,973.30,  up from $721,133.15 in December (2.2% increase).

We’re slowing down on the debt paying, although we are increasing the “extra” principal that goes to our mortgage by a few hundred dollars per month.  The rest of the money is going to investments, college, and our deck.

I sort of did our taxes based on our final paychecks, and it’s looking like we might have a reduced Roth contribution this year, so I’m going to wait until we get our *real* W-2s and 1099-DIVs to make our contribution. The downside is that I tend to not get one of my 1099-DIV forms until the very last possible minute (mid-late Feb)  On the plus side, it’s also looking like we’ll be getting about 2k back from the Feds.  I had my withholding set to “married, but withhold at higher single rate” the entire year, and never bothered to reduce it to “married” mid-year, so a bit more than was needed was taken out.

Debt (in the order we’re paying it down):

  • Car loan – RAV4 (0%): $0 
  • Car loan 2 – Camry (0%): $18,450.60 (-439.30)
  • Mortgage (3.875%): $283,551.27 (-486.68)

Total paid off in December:  $925.98

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