Not a great month in our retirement investments, but at least they aren’t negative. Any growth is still growth.
We did increase our deposits in my work 401k a little due to my annual increase. I was expecting the amount withdrawn for my annual bonus to show as well, but it is not showing in the contributions on the 401k site yet.
With the amount they take out in taxes on bonuses, what you think you’ll get and what you actually get are drastically different. The one thing I do like is that your contributions and employer match are also taken out, so it’s a little boost to your retirement savings.
I think we are going to hold on our current 10% contribution to the work 401k. Since we started getting serious about investing so late, we are already putting in a large amount to try and make up ground. Almost $2,000 just into retirement a month ain’t no joke (the deposit amount in 401k includes the employer match).
| Investment | Deposit | Balance | Growth |
| Work 401k | $1,241 | $118,952 | $777 |
| Roth IRAs | $1,000 | $26,602 | $374 |