Saturday, July 9, 2011

Quarterly Financial Update

I did the financials for the second quarter.  Retirement savings are $898K, Emergency Fund, $60K, and Net Worth $1.45M.  I am retired but JMM continues with his job for income and health insurance.  No one who knows us would have any idea that we have this much money.  Our house is paid for, our cars each have over 135,000 miles, we dress casually and inexpensively, church and home are our activity centers.

We realize that we are among the more fortunate in this country and certainly among the most fortunate on earth.  It is a responsibility to use the resources that we have been given in a wise and compassionate manner.

1 comment:

Grace. said...

You are in good shape. You'd be in good shape if you even had half as much! Congrats.