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The Year of Big Expansion

January 3rd, 2020 at 10:51 pm

That is not my word of the year, but the description that popped into my mind when thinking about our retirement growth this year.

We ended 2018 with a balance of $488,534.97. Those funds along with contributions grew to a final total of $660,822.27!!

That is $172,287.30 change in ONE year!! Yes, expansion!

We contributed $13,000 to Roth IRAs in 2019 and $10,657.56 to my husband's TSP (Thrift Savings Plan). Or in total $23,657.56.

Not too shabby! Wouldn't we all love if every year could be like this? Let's see what 2020 brings!

Posted in Spending | 7 Comments »

7 Responses to “The Year of Big Expansion”

  1. LivingAlmostLarge Says:
    January 3rd, 2020 at 10:55 pm 1578092144
    1578092144

    Congratulations! Amazing.

  2. Petunia 100 Says:
    January 3rd, 2020 at 11:11 pm 1578093064
    1578093064

    That's a big expansion, all right. Congrats!

  3. disneysteve Says:
    January 4th, 2020 at 01:15 am 1578100513
    1578100513

    Same here. Our accounts grew by over 300K. It would be nice if every year could be like that but we both know it doesn't work that way.

  4. creditcardfree Says:
    January 4th, 2020 at 02:24 am 1578104690
    1578104690

    Yes, we definitely know it doesn't work that way.

  5. Carol Says:
    January 4th, 2020 at 01:11 pm 1578143502
    1578143502

    This year is the biggest jump I can remember in 20 years.

  6. creditcardfree Says:
    January 5th, 2020 at 04:27 am 1578198438
    1578198438

    Carol, I think you are right...it's been too long without above average gains!

  7. rob62521 Says:
    January 5th, 2020 at 07:15 pm 1578251748
    1578251748

    Isn't that simply amazing! I celebrate with you! Let's hope we continue to see gains in 2020.

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