GGD Newsletter For February 1, 2020

After a long holiday vacation in December, we spent the bulk of January getting re-accustomed to our normal work schedules. While extended time off can be very refreshing, coming back to work afterward can be quite jarring. Hopefully, our upcoming early retirement will eliminate that issue for good! 

The first financial move we made this year (and typically, every year) was to front-load our IRAs with the maximum contribution ($6,000 in 2020). We'll build our savings back up over the course of this year so that we'll be ready to repeat the same transaction for our IRA at the beginning of 2021. Rinse and repeat. Save, invest, save, invest, save, invest....retire.

New On GoGreenDollar

How Much Money Do You Really Need To Retire?:
Have you ever wondered exactly how much money you need to accumulate before you can safely retire? A simple calculation can provide you with the answer. We break it all down in this month's post. 
 
Monthly Financial Update (Full Breakdown):
Our growth in the first month of 2020 was a bit slow but we still made positive progress. In all, we saw a 1.0% growth in our portfolio, bringing us to 69.6% of our retirement goal!

That's it for this month's Newsletter. If you have any questions or would like to suggest a topic for the site, send us an email or comment on a post and we'll be sure to follow up.

As always, stay tuned for more content. We'll keep writing as long as you keep reading. Don't forget to follow us on Instagram, Facebook, and/or Twitter. Talk to you again soon!

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