As of March 1, 2017, we are $299,544.21 in debt with a mortgage. We currently have $1,073,633.00 in assets. Our investment accounts are at $651,159.34. Our Net Worth is $774,088.79, up from $736,973.30 in January (5.04% increase).
We were able to contribute the full amount we set aside to our Roths and since I had set aside an additional $1834 between January and February (intended for 2017), I contributed that as well – who knows how much we’ll be able to contribute next year – we were literally $400 under the lower contribution AGI limit. We are on track to have 11k set aside for that purpose next year though, so we’ll see after next year’s taxes.
I’ve ordered the wood for our deck – $2666 of just wood – then we have to buy the decking and the railing (the decking will end up being about $2400, but the railing is looking like $3500 or more) We’re going with composite and vinyl to save on maintenance costs, but I’m really looking forward to starting on the wood and getting a deck to enjoy this spring and summer.
We’re now paying $324 and some change “extra” on our mortgage, and starting to see the number go down – it will still be a while before there’s any *real* progress on it, and I don’t know how quickly we’ll end up paying it down – we know we’re not going to be retiring in this house (taxes are too high!).
Debt (in the order we’re paying it down):
- Car loan – Camry (0%): $17,572.00 (-878.60)
- Mortgage (3.875%): $281,972.21 (-1,579.06)
Total paid off in January and February: $2,457.66