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I'd love to be shouting this from the rafters, but it would probably be taken as bragging.

Exciting news! DH's 401k made more than he did this year!

DH makes around $80k gross. Contributions were $20125 (incl employer match) and investment gains were $94870 :) Our balance to start 2014 is $445k.

I just love years like this!

The lesson, though, is it takes money to make money. And that savings over time really add up. We do work really hard to keep our expenses as low as possible. He's contributed the max every year since he's started working there in 2000. His employer match was really generous in the past (it was only 15% this year, 25% the last few years.)

I stopped working in 2005 to stay at home with children. We've got 4 year old and 8 year old daughters. We've managed to continue to contribute to his 401k, made Roth contributions (were maxed until 2012 when we just didn't have the savings to transfer over), and have almost paid off our house. We do send our 8 year old to Catholic School, and our 4 year old will join her there in the fall. I haven't been contributing much to the college accounts lately, but the girls each still have at least $35k saved in 529 accounts and my older daughter has $9k in a Coverdell acct. (I started saving in 2002 (in the 529s) before they were born and when I was making money.)

We don't have much emergency savings, but my dad functions as our emergency fund. He's actually our mortgage holder right now. We just bought a new to us 2007 Town and Country to replace my 1997 Dodge Grand Caravan with an additional $7K borrowed from him. We'll have my dad paid off in March 2015. And then we will be completely debt free. All of the money we make will be ours to spend (and save) as we wish!

Including our house, we hit a million dollars in net worth early in 2013, and when we get home from a little trip to Chicago visiting my sister, I'll calculate it again. Yeah to us!


(A mothering board I'm on has a thread like this - things you'd like to put as a status update on Facebook, but that really wouldn't go over too well for whatever reason.)
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