Percent Total Monthly Income Saved: 50.2%
Tax Advantage Account Savings (401K + employer match, IRA): $4358
Brokerage Account Savings (Vanguard Index Funds, Betterment, Lending Club): $1040
Monthly Piggy Bank Growth: $5784
End of Month Percent to Final FI Goal: 16.5%
We got the house and close on July 13th! We also, went on an amazing trip to Maine. We adventured around Acadia National Park, and climbed to the summit of Mount Katahdin and traversed Knife’s Edge from Baxter peak to Pamola peak. On our way back we stopped at Niagara Falls. When moving into our new house we are changing insurances netting us a savings of $400 per year.
We have to purchase some items for the new house and it will likely keep the savings rate a little lower until we settle in. Closing costs on the home are another big hit to the savings number. We are still making progress towards our FI goal.
Every time we are able to do a trip we realize the power of reaching FI and come back ready to get back to work at it. We work hard to find a balance of living life to the fullest while striving towards FI. Mrs. Horizon is really good at planning amazing trips and I work hard to cut cost. It allows us to have more adventures in the short amount of time we do get away from work and reminds us why we want to reach FI. Mrs. Horizon has been on me to get more trekking guides out and I will begin posting some about how we vacation and some of the philosophies we use in our lives.