Mind if we add another layer of detail to the thread by discussing distribution of funds?
At week end we are down to $89,000 in Assets (markets are down and we paid some large-ish bills) and $0 in Liabilities. Of this amount, there is the following breakdown:
Current (9/12/2014)
Retirement (Roth): $30,250
Retirement (Trad): $10,250
Brokerage: $5,900
HSA: $2,500
Cash: $40,100
Net Worth : $89,000
Year End 2014
Retirement (Roth): $39,000
Retirement (Trad): $14,000
Brokerage: $5,900
HSA: $2,800
Cash: $40,100
Net Worth: $101,800
Our plan for the coming year, given DW's new gig, is to drop $17,500 into her 401(k), $12,500 into my 401(k), and $5,500 into both IRA's. This would all be pre-tax. Employer match would also add $2,500.
My company's policies don't allow for my contribution to reach the full $17,500 so we can only drop $41,000 into retirement accounts. This falls $9,000 short of our projected "investable income" so the excess funds will be routed to HSA's and brokerage accounts.
Year End 2015
Retirement (Roth): $39,000
Retirement (Trad): $57,500
Brokerage: $12,000
HSA: $6,000
Cash: $40,000
Net Worth: $154,500
Am I missing anything with this plan? I want to make sure we're allocating our income wisely.