Categories
Goals

2019 Goals in Review + 2020 Goals

Oh snap! It’s 2020 and about a year since I wrote out my 2019 goals. Let’s see how I did.

2019 Post-Mortem

Financial:

  1. Max 401k ($19k) ✅
  2. Max IRA ($6k) ✅
  3. Max HSA ($3,500) ✅
  4. Pay off Student Loans ($16,231.52 remaining as of 1/1/19) ✅

Other:

  1. Take a sabbatical to redefine my purpose ?
  2. Get a dog ❌
  3. Develop a regular fitness routine ❌
  4. Give regularly to something I care about ❌

2019 Commentary:

Ok, so clearly the financial goals were a lot easier to hit as these were all automated. While I didn’t end up taking a sabbatical as planned due to a bizzaro medical mystery (mostly harmless) that forced me to burn through my deductible and out-of-pocket max, I did end up attending a CampFI event and Jillian’s Adventures to FI (#A2FI) event in Montana, which was effectively a mini-sabbatical (thus the participation ribbon I gave myself ?). With my sabbatical plans in limbo, I decided to delay getting a dog, but good news is that many furry friends have made their way into my life, so I’m subsisting for now. I would also like to claim that the bizarro medical issue prohibited me from getting into a regular exercise routine, but I would be lying. I need to develop a better system/schedule and that’s part of my plan for 2020. It’s a similar situation with the last goal; I didn’t put enough attention into defining what I wanted to do, which is something I plan to work on this year as well.

So now, what’s in store for 2020?

2020 Goals

Financial:

  1. Max 401k ($19.5k)
  2. Max IRA ($6k)
  3. Max HSA ($3,550)
  4. Buy 3 Investment Properties
  5. Elect a charity as my financial beneficiary

Health and Fulfillment:

  1. Develop a regular fitness routine by:
    1. lifting weights at least 1x/week and cardio at least 1x/week
    2. playing Ultimate for at least 3 seasons
    3. practice yoga at least 1x/week
  2. Continue going to therapy at least 1x/month
  3. Identify a charity or cause to give my time to at least 1x/month
  4. Record a voice-over demo and take at one job
  5. Take voice/singing lessons and/or join a choir
  6. Help my parents identify/pursue/achieve one goal this year
  7. Minimize waste: electric, water, plastic/packaging
  8. Purgefest: declutter and sell/donate stuff
  9. Write a blog post at least 1x/month focusing on tips/tricks I’ve learned that might help others
  10. Budget so that Alcohol/Bars + Restaurants is less than 2x Groceries
  11. Help my roommate garden in the spring/summer

2020 Commentary

Yeah, so I have a lot more goals for 2020, but they’re all achievable, mostly measurable, and a good mix between helping myself and others. I’ve been lucky to meet a whole lot of super cool people in the PF/FIRE space in the last six months that have inspired me in one way or another to chase these goals.

Be well.

Categories
Goals

2019 Goals

Let’s keep this brief.

Financial:

  1. Max 401k ($19k)
  2. Max IRA ($6k)
  3. Max HSA ($3,500)
  4. Pay off Student Loans ($16,231.52 remaining as of 1/1/19)

Other:

  1. Take a sabbatical to redefine my purpose
  2. Get a dog
  3. Develop a regular fitness routine
  4. Give regularly to something I care about

Commentary:

Financial goals are looking real good with the exception of the HSA as I plan to take a sabbatical during the year and not sure what the medical insurance situation will be (and therefore HSA eligibility). For now, 401k is being front-loaded on autopilot (will be fully funded by April) and I already made my 2019 IRA contribution in full. Although precluded from contributing to a Traditional IRA for 2018, I went with a Traditional for 2019 on the basis that I expect my income to be lower (if I’m wrong, I can always recharacterize). I would just rather take the discount today than in the future, ya know? Student loans should be gone or close thereto by May. Even if I still have a balance, my loan is variable and resets quarterly, so after paying against principal in Q1, the required payment should be unnoticeable.

Other goals are still a work in progress, but I’m striving to make some more concrete definitions by the end of the month. Just wanted to put them down in writing.