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Showing posts from July, 2015

2015 Midyear Savings Update

We're almost to mid-July and I have one question: Where has the year gone? Since we're officially more than halfway done with 2015, it's time for a check on our progress on our 2015 savings goals. First up, let's take a look at what we saved in June. [table id=19 /] Back in May we made two adjustments to our retirement accounts. First, we began adding money to our 403b accounts. Second, we set our 403b and 457 contributions to amounts that will reach our maximum contribution limits in December. We actually received over $1,800 from both our May and June paychecks! (We're in the money...we're in the money!) Between now and April 15th of 2016, we'll figure out how to top off our IRA and HSA contributions. We still need to add $11,500 to our IRAs and $6,000 to our HSA. (I'm planning on adding our 2014 tax refund of roughly $5,000 to our HSA.) Here's what we have managed to save over the first six months of 2015: [table id=20 /] Right now it looks like w...