<< Back to all Blogs
Login or Create your own free blog
Home > Long break

Long break

July 23rd, 2017 at 12:56 pm

It'd been a while. I'm surprise there are still page views on here Smile

Let see, a bit of update on finance. Still hanging on at my job. Since the last job scare, I was promoted to a senior position, lol, with an increase in salary to 54k and flex work hours. I've moved from the lowest paid to the second lowest paid, while being among the most valuable. Ah well, good thing money isn't everything to me.

The downturn is real and if there is no turnaround in the next 6 months to a year, there will definitely be cuts in my department. I'm in a pretty good position, staying or going, so this doesn't really faze me.

Networth is a bit higher expected due to skyhigh stock market and real estate appreciation.

Home equity - 115
Investments - 170

Not bad at 35, no? I did have to move my retirement marker from 46 with 600k and a paid off home, to 50 with anywhere from 600k to 1M and a paid off home.

Also managed to increase my 401k contribution to 30%. Add in the bonus I got a couple months ago, I should be able to max my 401k this year. Yay!

3 Responses to “Long break”

  1. rob62521 Says:

    Glad your job is safe, even if doesn't pay the most. Yay on maxing your 401K this year.

  2. fs Says:

    Thanks Smile I'm super excited about it. I wish I could have made it to the 60k mark before things went south, just so I could max the IRA also. They're discussing pay freeze now, so that's not going to happen anytime soon.

  3. Dido Says:

    Amazing, maxing out your 401k at 35. Congrats!

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
Will not be published.

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]