Here is where we ended 2023 balance wise: Holding wise we continued our path towards simple: Mr Rollover IRA66% VTSAX34% VBTLX -- Now the only place bonds are held other than I bonds.Mrs 403b100% VITPX (institutional VTSAX)Mrs 457b100% VITPX (institutional VTSAX)Mr Roth IRA100% VTSAXMr HSA53% FSKAX -- I'll spend down FSKAX first as Mrs HSA … Continue reading 2023 Holdings

In the first few months of 2023 as my employment was winding down, I moved onto contemplating how to consolidate and simplify my employer based retirement accounts. Most of my net worth was tied up in my 401k plan in two different buckets. The first was a tax deferred bucket with $850k and the second … Continue reading To Rollover or Not to Rollover?

Star Wars Day was my last day of employment. In exchange for signing an electronic legal document waiving my right to sue for wrongful termination, I was given 3 months of salary in a lump sum. On my last day, I pedaled into work and returned a pair of laptops. I sat outside and drank … Continue reading May the 4th Be With You

Long time no post. There are plenty of financial coals in the fire lately, I just haven't found the time to sit down and document them. I will eventually get around to posting our 2022 top expense categories and a 2022 tax summary once I finish our income tax returns. Tick tock. I have remained … Continue reading The Internet Retirement Police

I intended to write this post with parts 1 and 2 but baby #5 (or #3 depending on who's counting) arrived. Mom and baby are healthy. Mom and dad are sleep deprived. I made three retirement contribution changes recently. Two in one direction and a third in the opposite direction because I'm a walking contradiction. … Continue reading Money Moves (Part 3)

This is what happens to your nice cash flow graphs when you buy a new car. 6 months prior we had put $500 down on a 2023 Honda Odyssey minivan. There wasn't much for new cars on the dealer lot. We could've bought a used Odyssey for almost the same $43,000 (before taxes and fees) … Continue reading Money Moves (Part 2)

In early August, I opened a checking and savings account at SoFI. I also closed a checking and savings account to keep things account neutral. I fell for a $300 welcome bonus for moving my paycheck direct deposit and $25 referral bonus. SoFI checked most of the boxes I need from a bank: No fees2.50% … Continue reading Money Moves (Part 1)

It has been a rather hectic month in the Mr. & Mrs. Dress Pockets household from a work/life balance perspective. Recovering from Covid, my boss asked me to step up and take on a bunch of additional work for the sudden departure of a colleague. Meh. Ok. I guess. In exchange, I asked for a … Continue reading Career Goals

While inflation in food, energy, and housing costs are kicking most people in the ass, there is one small inflation silver lining for super savers: the 2023 HSA/401k/IRA contribution limits are projected to increase by record amounts. Plan2022 limit2023 limitIncreaseHSA individual (self coverage only)$3,650$3,850+$200HSA family (2 or more covered)$7,300$7,750+$450401k/403b/457b employee contributions$20,500$22,500 *Projected*+$2,000IRA$6,000$6,500 *Projected*+$500*For reference see … Continue reading Inflation for the Win

A few years back I opened custodial UTMA accounts for each of the children and made birthday and Christmas gift deposits. Mrs. Dress Pockets and I were dabbling with minimalism and buying plastic toys in excess didn't seem like something we wanted to endorse. For the older two children I stumbled across Stockpile which provides … Continue reading Swing and a Miss