Ditto! Way to go! Doing fantastic!

(1) Max out 401k(s) - $27,697 (81%)(goal is $34,000)
(2) Max out IRA(s) - $5126 (51%)(goal is $10,000)
(3) Add to e/r fund - $7200 (72%)(goal is $10,000)
(4) Pay down mortgage - $2490 (50%)(goal is $5,000)
(5) House projects - $900 (18%)(goal is $5,000)
(6) Trading account fund - $50 (1%)(goal is $5,000)

Total - $43,463 (63%)

We are about $5600 behind on our goals, details are on the blog. We close on our refinance this week.

We closed on our refinance this week, the gory details are on the blog. Rate and term are great, will save us $180,000 process and customer service were dismal.

Glad for you that it is done!

Congrats! Wow that is huge savings! Keep up the good work!

Sam ,

What is your household income ?

Just curious .

**Marcopolo

Marcopolo,

You ask that question a lot around here, yet don't reveal that information about yourself. I find this to be curious behavior.

(1) Max out 401k(s) - $30,565 (90%)(goal is $34,000)
(2) Max out IRA(s) - $5529 (55%)(goal is $10,000)
(3) Add to e/r fund - $8000 (80%)(goal is $10,000)
(4) Pay down mortgage - $2490 (50%)(goal is $5,000)
(5) House projects - $900 (18%)(goal is $5,000)
(6) Trading account fund - $50 (1%)(goal is $5,000)

Total - $47,634 (69%)

Further details are on the blog.

Marco, I can understand why you might ask that question and I've gotten it before between my various postings here on GRS and on my own blog. Obviously, our joint household income would provide some context as to how much discretionary income we have that could go to savings. Clearly, we make more than $69,000 per year since that is the number we are trying to it (although its doubtful we will make it) as for as savings.

My husband and I both have advanced degrees, we both work in professional jobs, we own (with mortgages) three rental properties, our home (with a mortgage) and another property (with a mortgage). Our net worth is on networthiq.com (there is a link on the blog) my data dates back to 2003, I think, on networthiq. I blog about our finances and our adventures in being landlords so clearly I am quite open with a lot of information.

However, I have previously decided not to disclose what we earn in our respective jobs. There are a variety of reasons for this decision, but first and foremost is the fact that my employer does not permit me to disclose that information and work folks read my blog.

(1) Max out 401k(s) - $31,379 (92%)(goal is $34,000)
(2) Max out IRA(s) - $5,829 (58%)(goal is $10,000)
(3) Add to e/r fund - $8,400 (84%)(goal is $10,000)
(4) Pay down mortgage - $2490 (50%)(goal is $5,000)
(4)(a) Savings for goal (4) - $415
(5) House projects - $1,200 (24%)(goal is $5,000)
(6) Trading account fund - $50 (1%)(goal is $5,000)

Total - $49,763 (72%)

Looking on the bright side, we've almost saved $50,000 towards our 2012 goals. But, looking on the dark side, we are almost $10,000 behind on our goals with two months to go.

Sam, keep up the great work! If you're feeling like meeting every one of the goals is unattainable for 2012, don't give up or let your momentum go downhill. Maybe you need some Plan B goals -- that is, slightly readjust some of your goals to levels that are still aggressive but more within reach. Perhaps an overall goal of saving no less than you did last year? Either way, you should be proud of your progress, and the re-fi was also a major step for your financial future, even though it doesn't fit specifically into these defined categories. Kudos!

Thanks LRD, at this point our general plan is to keep working our 2012 goals as is, but our plan B is to save more than we did in 2011.

You know what the Monty Python boys say: "Always look on the bright side of life!"

Seriously, Sam, give yourself major props for this year even if you didn't exactly meet your goals. I wish I could say I'd saved $50,000....

Admiringly,
CecilyC

Thanks CecilyC, very true and I do recognize our great progress. I was musing about your comments over on my own blog.

http://adventures-of-sam.blogspot.com/2 ... -side.html

(1) Max out 401k(s) - $32,693 (96%)(goal is $34,000)
(2) Max out IRA(s) - $7,898 (79%)(goal is $10,000)
(3) Add to e/r fund - $9,200 (92%)(goal is $10,000)
(4) Pay down mortgage - $2490 (50%)(goal is $5,000)
(4)(a) Savings for goal (4) - $830
(5) House projects - $1,400 (28%)(goal is $5,000)
(6) Trading account fund - $50 (1%)(goal is $5,000)

Total - $54,566 (79%)

At present, we are $10,453 behind on our 2012 savings goals. More over on my blog about our updated goals.