**December NetWorth Update / 2016 Overview**

**Start of 2016**

cash $72,369

short term investments $40,087

retirement investments $34,544

pensions $72,283

car values $11,000

life insurance policies $7,600

home equity $111,952

**Net Worth $349,835 **

**End of the year:**

Retirement Investments $75,991

Short Term Investments $41,915

Cash $46,230

Pensions $143,669

Home Equity $121,114

Car Value $10,600

Life Insurance $8,500

**Net Worth $448,019 **

**2016 Finances At A Glance **

Our net worth increased by $98,184

Our net worth not counting pension increased by $54,864

We added $41,447 to our retirement accounts

We paid off final $28,000 on your years

We paid for rest of wife's Ed Specialist degree and 15 credits for my MA+15 out of pocket

DW got a new job, increasing our salary by about $15,000/year. Great job babe!!

**Looking Ahead to 2017**

We will try to fill up both of our 403/457/Roth's for total of $83,000 invested

We will pay about $10,000 more towards principal on our mortgage

We will contribute about $10,000 towards our pensions

In total, about $103,000 of our income will go towards savings next year

Because we will be putting so much into investments, our bank account will dip

Saving this aggressively will likely decrease our bank balance by about $23,000

Subtracting these numbers, our true savings will be ~$80,000 next year

Assuming normal growth, our current investments should grow ~$10,000 next year

So, a good year means we increase our net worth by ~$90,000 in 2017

I believe these numbers are ambitious but doable

This puts us on schedule to be FI by around 41 and definitely able to retire at 48 as has been our plan.