Net Worth

DH and I now have a net worth of -$3600. It looks like we are going to be able to meet our goal of having a positive net worth this year! YAY! I just added up our retirement totals, and we are at $23,600. Hmm. Not as bad as it could be, but it could definitely be better. It looks good on me, since I am only 23, but not so good for DH, who is 27. Right now, we contribute 10 percent of DH's salary (between $5500 and $6000 a year), get a $600 match from his company, and put $1400 a year into a ROTH IRA for me. Like I said, not horrible, not great. We are contributing more into his plan right now since it helps us tax wise to get that deduction. Our goal is to increase his contributions by 1 percent a year until he is maxed out at 15 percent of his salary. Once we get the car and credit cards paid off or at least down, we'll increase my IRA contributions as well so I am maxing it out. I am not sure when I will return to a traditional job. I guess it depends on how contracting goes, how DH's job is going, and how well DH and I like me working from home. There are just too many variables to know for sure right now.