Year-End Monthly Financial Update - January 1, 2024

After experiencing our first ever year-over-year loss in 2022 we weren't quite sure what to expect in 2023. Early on, things seemed to be just as volatile as the previous year, however, as the year progressed it became apparent that 2023 had the potential to be a great financial year for us. I can now confirm that that potential was realized! The growth of our investment portfolio has put us closer than ever to our retirement number. We are so close that we've decided to begin testing the early retirement waters by changing from full-time to part-time employees at our jobs. This will give us a small taste of what an early retirement lifestyle might feel like without having to fully commit to cutting off all income. We are on the verge of achieving true FIRE (Financial Independence, Retire Early) and it feels amazing!

We had two goals in 2023 and we achieved both of them!

Goals for 2024:
1. Reach 150% of our retirement number. We are sooo close!
2. Lock in our long-term early retirement plan.

Results:
5.23% month-over-month growth
145.6% of retirement number saved

2023 Total Net Worth Growth (Jan. 1, 2023 - Jan. 1, 2024) = 28.1%

Check out our detailed performance in the table below.

Accounts	Portfolio Allocation	Change In Value (December-January)
Liquid Funds	0.23%	+12.82%
High-Yield Savings	9.81%	+5.87%
REITs	0.25%	-4.24%
401(k)s	40.80%	+6.23%
IRAs	5.01%	+4.21%
HSA	2.06%	+5.29%
Cryptocurrencies	0.04%	+12.28%
Taxable Stock Investments	38.86%	+3.99%
Home Equity*	2.94%	-2.65
Debt	0.01%	-89.05%
Total =	100%

Portfolio Allocation = Current asset distribution of our portfolio
Change In Value = Change in account value due to asset appreciation/depreciation, deposits, and withdrawals
*Home Equity not included in retirement number or month-over-month growth calculations

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We use Empower Personal Dashboard regularly to analyze our investment fees, track our investments, and project our net worth. We also periodically review our progress toward retirement with their retirement planning calculator.

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Year-End Monthly Financial Update – January 1, 2024

Sooo Close!

The Numbers

Growth Toward Financial Independence

Tools To Get You Started

Sooo Close!

The Numbers

Growth Toward Financial Independence

Tools To Get You Started

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