The markets are still doing well and you can really see it in the growth of my work 401k. The growth nearly doubled from last month.
We had a little more than normal in our 401k deposit this month because I received a little more than normal Christmas bonus. Every little bit helps and I’m glad that surprises like that include deposits into our retirement account.
We decided to take that bonus and split it between our Roth IRAs. We also decided that we were going take the money necessary to max out our contributions for the year from savings.
We haven’t done that yet though. When I made our usual deposits the other day the market was up over 300 points. I don’t time the market, but I figured I’d wait until our final deposit of the year to see if they would go down a little.
Up or down, we will be maxing out our contributions at the end of this month.
It feels good to know that we were able to invest the entire $12,000 contribution limit into our Roth IRAs this year. Hopefully it works out for us to do it every year.
| Investment | Deposit | Balance | Growth |
| Work 401k | $1,408 | $89,600 | $5,214 |
| Roth IRAs | $500 | $12,061 | $740 |