October conjures up spooky images for most…ghosts, goblins, maybe even zombies. All scary, but none as upsetting as a decline in net worth! Can we just get this presidential election over with so the market settles down a bit?!?!
Fortunately, our #500in5 challenge is still on track. You might remember that this is our effort to save $500k in 5 years so that we can start to think about retiring early. November brings my 50th birthday (talk about scary!), so if we want to retire before age 60 (um, yes, we do!), we have some serious work to do over the next few years.
Our #500in5 balance is now at $42,183,50, so we are averaging over $10k per month. Again, our target is around $8k, but we had a boost from the sale of some stock over the summer.