January 2016 Early Retirement Progress

We contributed $7,526.83 this month to our retirement accounts, and we lost $21,578.59 in investment value this month.

January was not a nice one for the markets.  However, we can’t control those, so we have focused on what we an contribute.  This month was slightly higher due to Dad’s company’s $2250 contribution to our HSA, but we also contributed $375 this month and will continue to do so every month this year.

Last January was a perfect storm of the HSA contribution and a 3 paycheck month for Dad, so this January is not quite as high as last January’s contribution.  But it will even out throughout the year.  Dad now has a mandatory 3% contribution (vs 2%), so we’ll end up contributing about $1200 more to his account over the year than last year.

We’re both maxing out our 403(b)s, and it was gratifying to see that on our W2 forms.

2016 Totals

In 2016 we contributed $7,526.83 (10.75% of our goal of 70k), and we lost $21,578.59 in investment value.

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