And just like that, 2017 is in our rear view. A Happy New Year to all of you!
If all goes according to plan, we have now officially begun my last year of working a 9-5 corporate job. So very many wheeeees! There will be time enough in 2018 to dwell endlessly on my feelings on the subject, so I am going to tuck away my excitement, and focus on the topic of this post – a look back at the last month of 2017.
December brought with it a host of holiday parties. Mr. BITA’s company hosted a fancy shindig up in the city. My company had a more modest affair in-house. Work was slow as every day more folks peeled off for their winter vacations and the office started to look like a ghost town. The plus side was that my commute time was cut in half. I religiously played Christmas carols every day, much to Mr. BITA’s chagrin. Mr. BITA is the Grinch (Mr. BITA: I have taste).
My dental odyssey continued. I ever so bravely endured the removal of one of my wisdom teeth. Invading my mouth wasn’t quite enough, so I also allowed the medical community to invade my body. Remember my emergency hernia repair surgery in January? Well that surgery resulted in the formation of a granuloma and I had that removed under local anaesthesia this month.
My parents came to visit us for a month (they will be with us till mid-January). This means lots of delicious home-cooked food that costs me zero effort. Progeny BITA is thrilled to be around her grandparents, who are willing to play with her endlessly and never tell her to stop whinging. It was wonderful to have extended family around to help out in the aftermath of my assorted surgeries. It was even more wonderful to have the opportunity to celebrate Christmas and to bring in the New Year together.
This month we (our family, my parents and a couple of friends) went camping in stunning Yosemite. It was cold, but we stayed in heated tents and the beauty of the valley compensated us amply for any minor discomfort we endured. We explored waterfalls, giant sequoia groves, rivers and a lake. We espied two deer (awww) and no bears (thank heavens).
We rung in the new year in the company of friends, at the house of a friend. We did a potluck, played party games, did a white elephant gift exchange (gift limit of $15, unless you were regifting), and made an impressive amount of alcohol magically disappear.
Finally, on to the numbers and the summary of how we did in 2017.
Adding Cash to the Financial Independence Stash
This month we added $44,322.38 to our Stash.
- Mr. BITA’s 401k was maxed out in January, and I hit my contribution limit in July. Both of our companies have given us our full match as well.
- In September we maxed out Mr. BITA’s mega backdoor Roth via paycheck deductions. In 2017 we put $27,000 after-tax dollars in there.
- We maxed out our HSA for the year in December.
- The big event this month was that it contained my company’s bi-annual ESPP purchase date.
- This was also a three paycheck month for us, and Mr. BITA had some RSUs vest as well.
Mr. Stash pulled his weight by adding $15,830.35 to our investments in December.
The Financial Independence Plan vs. Reality
In 2017 we saved and invested: $317,965.74.
In 2017 the market grew our stash by: $229,085.15.
As usual, I’ll end this monthly update with the Stairway to Heaven.
364 days to go! ←————————– Less than a year!
Financial independence status: On track!