My gross income this pay-period was $9,858. From this $1,357 went to state, federal and payroll taxes.
My medical group contributed $2,030 on my behalf just for one paycheck, not bad. This is the money purchase plan, the cash balance plan and the 401k match.
I’ve grossed $109k for the year already. This includes a $6k bonus check for the previous year.
I’m still building up my cash reserve though it’s time to stop since I want my money invested in the market and not just sitting around collecting dust. I have right around $30k saved up in cash, stashed in a money market account.
I only contributed $700 towards my investments this paycheck, I’m hoping to increase that by a lot moving forward. This will go towards buying bonds, which I don’t have much of right now.
As of today I would have to work at my medical group for another 1,100 days in order to vest in my traditional pension plan. Seems like a long time but I’m hoping to make it, we’ll see.
I’m so amazed that my portfolio has cross the $500k mark, that’s an incredible achievement for someone who had a negative NW back in 2013.
Some people will focus more on increasing their income, building a business, or investing in real estate. I’m more focused on lowering my need for income in general.
My spending hasn’t been coming down as much as I’d like but I don’t expect it to when tackling an unpredictable work schedule.