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11 years of retirement progress

July 31st, 2018 at 02:19 pm

I've never looked at my retirement changes year over year, and suddenly was curious. I started in September 2007 since that was the first time I added up all the retirement values, but for every year after I used the July retirement amount. Here's what I found:

2007: $62K

2008: $65K (+$3K)

2009: $69K (+$4K)

2010: $109K (+$40K)

2011: $141K (+$32K)

2012: $151K (+$10K)

2013: $175K (+$24K)

2014: $220K (+$45K)

2015: $248K (+$28K)

2016: $279K (+$31K)

2017: $344K (+$65K)

2018: $421K (+$68K)

It's interesting that growth has been so uneven. There are different factors: I may have found out about some of NT's pensions in 2010. My dad gave me a pre-inheritance of which I put $9K into retirement, which impacted 2011. Between 2014 and 2015 we slowed our retirement contributions while we were purchasing our duplex and trying to sell our condo. And of course vagaries of the market affected everything.

Sure hope we can continue more in the vein of 2017 and 2018 from now on!

4 Responses to “11 years of retirement progress”

  1. creditcardfree Says:

    Very nice! I have been tracking our retirement totals since 2003. I randomly log in during the year and record values, but I also log all year end values, so that we can see our progress. We had $25K in 2003, and now have over $550K. No regrets saving for 15 years.

  2. AnotherReader Says:

    With three of you, you should fund three IRA's for a total of $16,500 and contribute as much as possible to your workplace retirement plans. Depending on how AS' business is organized, she may have the ability to contribute a lot more than you and NT can. You could be a very wealthy trio in your later years if you have the money available and the discipline to invest now.

  3. North Georgia Gal Says:

    Great Job being so disciplined!

  4. ceejay74 Says:

    2016 was the first year we maxed out all three Roths (almost made it in 2015), so it's encouraging to see the benefit of that reflected in the 2017 and 2018 numbers! Now we have our Roths on autopilot to max out by December each year.

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