HisHersMoney

In order to fund our retirement dreams we, like most people put money away each month towards our retirement. So, the question is how much? After reading Grace’s post When it Rains, It Pours, and No One Believes Us where she says “We have retirement funds that demand a whole lot more than $100 a paycheck if we’re going to have any kind of life after work.” I thought I might post exactly what we put away each month towards our retirement.

His Roth IRA: this is a new investment for Him. This year it looks like His Roth will not be fully funded as we are just starting it, but we are setting it up to take $400 a month out. Next year we will be starting in Jan and plan on continuing with $417/month

Her Roth IRA: $417/month in order to fully fund it this year.

Both His and Hers are putting $1200/month in our 401k’s for a total of $2,400/month. That gives us a grand total of $3,034 a month in retirement savings.

$500 more per month goes into our retirement home fund.

All of these amounts are automatically taken out of our paychecks and/or checking accounts so we never even have the opportunity to spend even a cent of it. Our grand total each month is $3,734 for a yearly total of $44,808. We have a financial planner who tells us how much we need and keeps us on track.

We also have monthly savings that go towards other things which I will get into in my next post, but this wraps up our automatic retirement savings.

I am not a fan of Whole Foods, I just don’t find what I’m looking for and personally won’t pay their prices. In the Northern Virginia area we have many food stores to choose from, my favorite being Harris Teeter. It can be pricey but I just shop the sales and they have great sales. This week I just stopped in for s few things that we needed that were the best deals. We had already picked up most of food items in another trip so this was a special trip just for some sales items.

The store is only a mile from the house so I don’t have to spend a ton of gas to go over there to take advantage of the sales. This weeks items:

2 – 409 Granite Cleaner Reg Price $3.39 Sale Price 2.00 $1 off two Coupon = $1.50 each ($3.00)

2 – 409 Multi-Surface Granite Cleaner Reg Price $3.39 Sale Price 2.00 $1 off two Coupon = $1.50 each ($3.00)

2 – Green Giant Box Veggies Reg Price $1.99 Sale Price 1.00 ($2.00)

2 – Electrosol 20 pack Dishwasher Tablets Reg Price $5.49 Sale Price 2.50 $2.25 off each Coupon = $0.25 each ($.50)

4 – Goldfish Bags Reg Price $2.19 Buy 1 Get 1 Free = $1.09 / $1.10 each ($4.38)

Total Bill = $15.73 Savings $16.94

Obviously the Dishwasher Tablets were the biggest deal this week, $0.25 a package! We we’re currently running low but I couldn’t pass them up. I was in need of the 409 cleaner and will use the extra ones in the future.