Summer 2021 Life Update

It’s that time of year again – time for a quarterly update!

Net Worth: $623,597

Latest cool place we’ve been, and also an apt metaphor for the last year:

Hike7

That would be an epic old train wreck at Whistler, to match the train wreck that’s been the last year and a half.

Our net worth continues to climb nicely, with an increase of $41,795 since our last update in April.

Our current year to date spending is $14,567, compared to $12,034 at this time last year. We expect it to even out in the second half of the year, as we still have no travel or big spending plans.

If we retired today, our monthly income would be a cool $2,078/month which is quite reasonable, and in fact higher than our actual spending last year. That puts us at about 90% of our normal spending covered, which is a great spot to be in.

Our current savings rate is 65% for 2021, which is only going to increase as the year goes on – Cel paying his taxes once a year in April/May means that our savings rate is always lowest at that point, and then increases for the rest of the year.

14 Comments

  1. Still don’t know why you don’t invest in VGRO.to? You are leaving $150 a month off the table (0.3% higher fees on 600k with wealthbar versus vanguards vgro.to) the work is the same as both are managed for you but you are paying $150 more? That’s almost your food budget for the month pre covid.

  2. Still don’t know why you don’t invest in VGRO.to? You are leaving $150 a month off the table (0.3% higher fees on 600k with wealthbar versus vanguards vgro.to) the work is the same as both are managed for you but you are paying $150 more? That’s almost your food budget for the month pre covid.

  3. I’m not sure if this is something you’ve covered, but do you guys have an emergency fund? I’m struggling with deciding when to stop putting money into a savings account (albeit one that earns a little interest) because it never feels like enough.

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