Retired Foreign Officer in Pittsburgh, PA – Money Diary

Occupation: Retired Foreign Service Officer
Industry: Federal government
Age: 50
Place: Pittsburgh, Pennsylvania
My pension: $ 68,616
My husband’s salary: $ 133,026
Net value : $ 3,239,111 ($ 1,366,580 in my 401 (k) and Roth IRA; $ 906,322 in my husband’s 401 (k) and Roth IRA; $ 320,932 in the Vanguard mutual fund (house fund ); $ 564,798 estimated home value; $ 22,664 in audit; $ 55,322 in savings husband is retiring in five years his pension will be about the same as mine We have merged all of our accounts and active when we got married 12 years ago.
Debt: $ 0
My Pension Check (1x / month): $ 4,710.99
Husband’s paycheque (bi-weekly): $ 5,966.28
Pronouns: she she

Monthly expenses
Housing costs : $ 880 savings for annual property taxes. We bought the house for $ 440,000 in 2019 and paid it off in full without a mortgage. I live in our house with my husband, F., our cat and two dogs.
Loans: Nothing. We have a car that we paid for in cash in 2013.
Vanguard Mutual Fund: $ 3,000 (House fund for F.’s retirement. Location to be determined.)
Travel savings: $ 1,000
Utilities: $ 600 to $ 1,000
Donations: $ 550 (Monthly contribution to various local charities / animal rescue. We are increasing this amount by $ 5 each month. Our goal is to reach $ 1000 / month by the time I can access my retirement funds in nine years.)
Husband’s IRA: $ 500
Home / Auto / Personal Property Insurance: $ 213
Long-term care insurance: $ 143
Income tax savings: $ 108 (not automatically deducted from husband’s salary)
Pest control: $ 44
Netflix, Spotify, New York Times, PBS Thirteen, iPhone Storage: $ 41
Violin rental: $ 18
Annual expenses:
The Washington Post: $ 100
Ancestry: $ 199
Atlantic: $ 50
Amazon Prime: $ 119
Drop box: $ 199
Calm Meditation Application: $ 65

About Kelsey Wilson

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