July 2016 Early Retirement Progress

We contributed $4,977.23 this month to our retirement accounts, and we gained $18952.98 in investment value this month.


This was a pretty “normal” month for us with Dad’s new paycheck and deductions.  They’ve finally worked out the issues with the HSA, and the FSA, and the retirement money.  The HSA has enough to invest now, but with the lowest cost index fund being .45% expense ratio, I’m going to do an annual rollover into our old HSA, which offers Vanguard funds at .05% expense ratio.  But, the money going into the HSA is not being taxed by the Feds, the state of PA or Social Security and Medicare, so it’ll continue going into the “new” HSA and I’ll just rollover every year (if we continue the HDHP plan).

This month was a better month for investment gains, almost as good as March was.  Of course, as I look at the markets today, August might be painful.

I’m cooking up big things at home, which is taking up all my time – I’m designing a (large 22’x14′) deck for our new house, and wow, can it be complicated – especially when you add a roof to the project!  I’ve got the basic design down and drawn, but now I have to draw the elevation drawings and the little details about code compliance (like how the beams will be fastened to the posts…, and stair rises and runs).  Then I can finally get our permit, and pour the concrete footers.  Realistically, we won’t be using the full deck until next spring, but if we have good fall weather, it might get done before winter!

2016 Totals

In 2016 we contributed $39394.04 (56.28% of our goal of 70k), and gained $35,506.34 in investment value.

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