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Update: Making progress
Old 07-28-2016, 09:54 PM   #1
Confused about dryer sheets
Join Date: Oct 2013
Location: Camas
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Update: Making progress

Hello Everyone

I have not posted here in a very long time, hence the Oct. 2013 date of my original post. I just had to see when it was that I had hit my $100K savings and if I had kept up with my path to retirement savings.

Well, I must admit I had hoped to be a bit farther ahead by now but did make 1 bad oil & gas investment that lost me some savings but overall, I should also be happy to see progress.

I'm still credit card debt free and have recently gotten my oldest daughter through 2 years of college which I must recognize for myself as a victory.

I now have $190K in my retirement accounts and getting oh so close to my next milestone.

Hoping all of you here are finding yourselves on track or making positive momentum towards achieving your own financial goals as well.

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Old 07-29-2016, 04:58 AM   #2
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Congrats! With 2 years of college checked off, you'll start flying by the milestones.

"And in the end, it's not the years in your life that count. It's the life in your years" - Abraham Lincoln
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Old 07-29-2016, 08:36 AM   #3
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Congrats on making progress, even if it's sometimes slower than we like. But getting by 2 years of college expense is a big accomplishment
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Old 07-29-2016, 10:44 AM   #4
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Achieving the first 100k is hard. There is also a lot of distance between 100k and 250k. It does get easier . 190k opens a lot of doors. Your money should start growing faster now. All I can say is stick with it.
Understanding both the power of compound interest and the difficulty of getting it is the heart and soul of understanding a lot of things. Charlie Munger
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Old 07-29-2016, 01:34 PM   #5
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Congratulations on making progress - as others have said, the power of compounding makes each further milestone a little easier to reach. And you're doing great to be making progress AND getting your DD through college. Keep up the good work!
"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." William Feather
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Old 07-29-2016, 02:55 PM   #6
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Slow and steady wins the race. Congratulations and keep at it!
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Old 07-29-2016, 05:42 PM   #7
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I see at 2034 your retirement is 18 years out, but kid at 2nd year in college, that's an unusual combination. Congrats so far.

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Old 07-29-2016, 07:44 PM   #8
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Keep going, investment snowball will start helping you very soon
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Old 07-29-2016, 11:50 PM   #9
Confused about dryer sheets
Join Date: Oct 2013
Location: Camas
Posts: 9
Thank you all for the kind words of encouragement. I'm certainly going to try and stay at it and just boosted my contribution up on my Roth 401K that my company provided to us as an option which makes it more difficult since I'm paying taxes before it goes in but I want to ensure I have that available to me in retirement.

One thing I have learned is that I must pay myself first before anything else. I can't wait to see the $200K balance display itself in my retirement plan portion but more importantly to hit the $250K mark. Man, that's going to be a nice site to see.
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Old 07-30-2016, 11:39 PM   #10
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Almost doubled in less than three years! Congrats

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Old 07-31-2016, 01:52 AM   #11
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Way to go!

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Old 08-02-2016, 12:38 PM   #12
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Well done. Keep on contributing, and you'll pass over $200K well before the end of the year. I highly recommend you continue to keep close track of your progress. It really helps me stay motivated.

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