Mar-2017
|
Apr-2017
|
May-2017
|
Jun-2017
|
Jul-2017
|
||
Assets
|
||||||
Retirement
|
387,058.50
|
391,316.72
|
401,553.35
|
409,040.69
|
414,399.51
|
|
529college
|
15,188.09
|
15,378.18
|
15,828.00
|
16,274.92
|
16,504.62
|
|
Bank Accounts
|
47,770.74
|
44,260.80
|
46,171.82
|
52,334.20
|
43,598.18
|
|
Investments
|
12,452.12
|
13,378.60
|
14,213.26
|
15,172.88
|
13,691.78
|
|
Bonds
|
12,114.12
|
12,115.86
|
12,117.44
|
12,119.02
|
12,121.30
|
|
House
|
300,000.00
|
300,000.00
|
300,000.00
|
300,000.00
|
300,000.00
|
|
Total Assets
|
774,583.57
|
776,450.16
|
789,883.87
|
804,941.71
|
800,315.39
|
|
Liabilities
|
284,312.59
|
283,333.97
|
282,305.84
|
280,574.02
|
278,831.28
|
|
Net
|
490,270.98
|
493,116.19
|
507,578.03
|
524,367.69
|
521,484.11
|
|
Change
|
14,974.27
|
2,845.21
|
14,461.84
|
16,789.66
|
-2,883.58
|
Month: July 2017
Expected future expenses in FIRE
We had mentioned in this post that our future annual expenses when we enter the FIRE phase would be $48,000. This is the breakdown of the the monthly expenses (rolled over into annual, rolled over to our final saved amount).
Most of categories and sub-categories are self explanatory, I think.
A note about the Flight Savings. We want to take a nice long vacation each year. The cost of flights is the highest component in a vacation. You can also rename this category in your mind as “Vacation Savings”.
“Miscellaneous” under Discretionary Spending covers clothes shopping, entertainment, impulse buys.
As you’ll notice, I had to include an “Others (buffer)” category to make it close to the annual $48K we were predicting! This tells me we will be revisiting our total saved amount in the future.
After publishing this, we realize that we need to have a post about our current expenses, to give a true comparison of which spending buckets will be eliminated or curtailed.