Financial Goals 2015 - Well done, everybody!

The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Financial Goals 2015 - Well done, everybody!

GoGoGadgetChris: Mar 18, 2010; i powder a
granite monument
in a soundless flash

showering the grass
with molten drops of
its gold inlay

sending smoking
chips of stone
skipping into the fog

Current stats:

$90,000 pre-tax income
$400,000 in retirement savings (about $40k tax deferred and $360k taxable)
$20,000 in savings
$290,000 condo (no mortgage)

Goals for 2015:
Bump income up to $108,000 (work is commission-based with "tiers" of income at $90,000, $108,000, $120,000, etc.)
Get $23,500 into tax deferred/exempt accounts
Sell condo, buy ~$400,000 house (I WILL REGRET THIS - WHY WOULD I WANT HIGHER EXPENSES)
Resist the temptation to replace my 2003 Volvo "because I deserve to" - This has been a close call for the past 2 years
Get savings up to $25,000, or $40,000 if I don't buy a new house

Semi-monetary goal: The GF and I have 4 cats since we Brady Bunch'd my 2 and her 2 this past year. I really do think we need to rehome 2

Our house is a gross cat house.

# ¿ Dec 16, 2014 19:43

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# ¿ May 10, 2024 06:29

GoGoGadgetChris: Mar 18, 2010; i powder a
granite monument
in a soundless flash

showering the grass
with molten drops of
its gold inlay

sending smoking
chips of stone
skipping into the fog

GoGoGadgetChris posted:

Current stats:

$90,000 pre-tax income
$400,000 in retirement savings (about $40k tax deferred and $360k taxable)
$20,000 in savings
$290,000 condo (no mortgage)

Goals for 2015:
1. Bump income up to $108,000 (work is commission-based with "tiers" of income at $90,000, $108,000, $120,000, etc.)
2. Get $23,500 into tax deferred/exempt accounts
3. Sell condo, buy ~$400,000 house (I WILL REGRET THIS - WHY WOULD I WANT HIGHER EXPENSES)
4. Resist the temptation to replace my 2003 Volvo "because I deserve to" - This has been a close call for the past 2 years
5. Get savings up to $25,000, or $40,000 if I don't buy a new house

6. Semi-monetary goal: The GF and I have 4 cats since we Brady Bunch'd my 2 and her 2 this past year. I really do think we need to rehome 2 Our house is a gross cat house.

1. Still possible... Averaged about $8,000/month between January and February
2. So far, so good - Maxed the Roth and am planning to leave my 401k contribution rate at 50% until I can't afford to or I max the 401k
3. LOL no. Home values are going up so quickly that I'm getting further and further from ever reaching this goal. I'm talking 2-5% per MONTH.
4. Still driving that ugly bitch
5. No progress on building up savings - my 50% 401k rate is killing me.

6. Our 3-year old cat died of kindey failure, so... success

# ¿ Feb 18, 2015 21:40

GoGoGadgetChris: Mar 18, 2010; i powder a
granite monument
in a soundless flash

showering the grass
with molten drops of
its gold inlay

sending smoking
chips of stone
skipping into the fog

Exactly! I was initially doing it in order to get the employer max ASAP, but now I figure I may as well do it until I hit the limit (and then drop to 0% for the rest of the year)/

# ¿ Feb 19, 2015 01:07

GoGoGadgetChris: Mar 18, 2010; i powder a
granite monument
in a soundless flash

showering the grass
with molten drops of
its gold inlay

sending smoking
chips of stone
skipping into the fog

P.D.B. Fishsticks posted:

Is the employer match per year or per paycheck, though?

I am able to collect a total of $3,000 in employer match per year. Whatever I contribute to the 401k, they match 50% of it, and they stop for the calendar year once they've contributed $3,000.

# ¿ Feb 19, 2015 01:53

GoGoGadgetChris: Mar 18, 2010; i powder a
granite monument
in a soundless flash

showering the grass
with molten drops of
its gold inlay

sending smoking
chips of stone
skipping into the fog

GoGoGadgetChris posted:

Goals for 2015:
1 Bump income up to $108,000 (work is commission-based with "tiers" of income at $90,000, $108,000, $120,000, etc.)
2 Get $23,500 into tax deferred/exempt accounts
3 Sell condo, buy ~$400,000 house (I WILL REGRET THIS - WHY WOULD I WANT HIGHER EXPENSES)
4 Resist the temptation to replace my 2003 Volvo "because I deserve to" - This has been a close call for the past 2 years
5 Get savings up to $25,000, or $40,000 if I don't buy a new house

Semi-monetary goal: The GF and I have 4 cats since we Brady Bunch'd my 2 and her 2 this past year. I really do think we need to rehome 2 Our house is a gross cat house.

1- Success
2 - Success
3 - Success in that I avoided doing it. That would have been stupid.
4 - Car was totaled (while parked) and I got a great insurance payout, so success?
5 - Successssssssss

Some of our cats died for no reason, so success on the bonus too.

Gimme that Homer Simpson 401k badge pleeeease

# ¿ Dec 28, 2015 01:07

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# ¿ May 10, 2024 06:29

GoGoGadgetChris: Mar 18, 2010; i powder a
granite monument
in a soundless flash

showering the grass
with molten drops of
its gold inlay

sending smoking
chips of stone
skipping into the fog

slap me silly posted:

Queued. Hmm, wonder if BFC needs a Gross Cat House award

Paging

Please come on down and accept your award

# ¿ Dec 28, 2015 02:00

The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Financial Goals 2015 - Well done, everybody!