Author Topic: Podcast, Front-loading, and Sold Our House  (Read 943 times)

Ed Mills

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Podcast, Front-loading, and Sold Our House
« on: January 17, 2016, 08:08:23 PM »
Greetings All,
I have a few things to share:  First, last week I did a podcast with Dan Otter and Scott Dauenhauer at http://teachandretirerich.com/podcasts/index.html.  It was a good time, and I got a lot of my points out coherently...I think. 

Second, we started 2016 by front-loading our health savings account with $5,062 and our educational savings account with $2,000.  Last week I set up our 457 and 403b accounts for 2016.  From January to August my wife and I will send $24,000 each to our 457 accounts, and we'll send $27,696 to our 403b accounts.  In 2016 we plan on savings over $83,000 while working only five months (Jan. to May).  It looks like our combined net pay will be 26 cents a month:  my wife's check will be 7 cents and get a fat-cat payday of 19 cents! 

Finally, we sold our home last November and it is finally start to dawn on us that we are FREE.  I did not realize how heavily our modest mortgage was weighing on my psyche.  I still find myself worrying about our former home...however, slowly but surely I am letting it go. 

Next up, we plan on using our 2 million MURP$ (Miles, Ultimate Rewards, hotel Points, and $ -cash equivalents) to travel to Latin America.  We'll finish our the current academic year, and then we'll call it quits.  Stay tuned...
« Last Edit: January 17, 2016, 08:24:19 PM by Ed Mills »

ETBen

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Re: Podcast, Front-loading, and Sold Our House
« Reply #1 on: January 18, 2016, 08:17:51 AM »
That is amazing!  Enjoy it!