April Total Income:
Definitely a lower income month for us. We had family visiting the beginning of the month and then took a vacation the last week of the month so really only had two weeks of full work. Thankfully the stock market rebounded significantly this month.
Expenses
This is our first month with our newly re-casted mortgage payment, now $2450 (previously $3759). I continue to be surprised how high our monthly credit card bills have become, it seems like every month we have an unexpected issue with the house, car, maintenance, etc. We purchased some Ikea closets and then had an unexpected plumbing issue this month resulting in some extra expenses.
Investments
The market took a wild upward swing in April. Our investments dipped below 2.4 mil and by the end of the month, grew to 2.8 mil. Totally wild swing of 400k in just one month. Just goes to show you how important it is to just stay invested for the long term.
I have now hit my initial investing goals for the year, my wife just has to max out her 457 which she should be able to do within the next 2-3 months. I am now planning to save up a cash cushion to pay for end of year taxes. Once I have enough saved (likely around 100k), I will contribute some more to our taxable account.
Investment Accounts:
Again, we experienced a wild swing up in the stock market this month. Our delta on debt vs investments was 351k. Hope we continue to see some market returns for the year!
My Financial Goals for 2026
- Hit $3 million in investments: We are currently at the $2.8 mil range, contributions continue to go in every month, need some growth in the market to achieve this goal.
- Pay down mortgage and recast – DONE – 260k extra payment (family gift) and mortgage recast done, payment changed from $3,759–> $2,450
- Obtain umbrella insurance – DONE! We finally obtained a $1 mil policy.
-AMJ