August came and August went. And with it, I now have a child in Kindergarten! What a mind job! While I begin to adjust to yet another reminder that I am getting old, let’s take a step back and dissect the month that was.
FI Progress
Progress Update 8: A Blind Squirrel Finds a Nut and Changes Abound
July wasn’t messing around. It was a month of changes in a number of areas. Let’s just call it financially dynamic. Join me as I unpack the happenings from the month that was and come see how the Heartland on FIRE household fared in July.
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Progress Update 7: Back to Zero
Just like that, half the year is gone! Triple digit heat indices are once again the norm and the garden is bursting with veggies. So, how did things shake out for the Heartland on FIRE household in June?
Progress Update 6: 529 Shuffling and Crazy Tenants
Welp, it seems like Spring lasted about 2 days. In last month’s post Spring was just arriving, now we’ve gone straight to Summer in no time flat. It’s time for the monthly net worth update. Did our net worth number grow as fast in May as Spring changed to Summer?
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Less than Twice My Salary Saved by 35? Am I doomed?
By 30, you should have a decent chunk of change saved for your future self, experts say — in fact, ideally your account would look like a year’s worth of salary, according to Boston-based investment firm Fidelity Investments, so if you make $50,000 a year, you’d have $50,000 saved already. By 35, you should have twice your salary, the firm said. – Marketwatch article citing Fidelity Investments advice
There’s been quite a bit said and written in response to this article. Let’s take a closer look… [Read more…] about Less than Twice My Salary Saved by 35? Am I doomed?
The 401k Race: How We Placed Our Bet
A 401k is a powerful tool for reaching financial independence. But there is a decision to make. Should we invest our 401ks using pre-tax dollars or using a Roth 401k? It’s kinda like betting on horses. [Read more…] about The 401k Race: How We Placed Our Bet