As of November 5, 2015, we are $323,794.23 in debt with a mortgage. We currently have $911,271.88 in assets. Our investment accounts are at $492,498.51. Our Net Worth is $587,477.65, up from $576,110.21 last month (1.97% increase)
We’re almost at half a million dollars in our retirement accounts – as long as there is no major decline in the markets, we’ll get there just with our contributions before the end of the year.
I added another $250 to my Roth as I’m reasonably sure we’ll be under the MAGI this year because we’re contributing so much to our 403(b)s. That brought me well into the > 10k range for the advantage class fund. Next goal is to add $2500 to Dad’s Roth to get him up to being able to invest in a mutual fund rather than an ETF. He never had a Roth before last year (aka this February), and I’m not sure that it really makes sense for us to contribute that much to Roths right now because of our tax levels. I had one from when I didn’t make much, but that’s been sitting around growing for a while.
We’re steadily paying off the line of credit and once we do, we’ll be saving to put a deck on the new house next summer. We’re going to be building it ourselves with the assistance of a friend who has built them before, so that’ll save us a lot – and be quite the adventure!
Debt (in the order we’re paying it down):
- Line of Credit (8.75%): $5,600 (-1,200.00)
- Car loan – RAV4 (0%): $8,750 (-500.00)
- Car loan 2 – Camry (0%): $24,550 (-450.00)
- Mortgage (3.875%): $290,494.23 (-485.52)
Total paid off in September: $2,635.52