June Total Income:
Another busy month for us, I ended up working 13 clinical shifts this month as the ER groups I work for are super short staffed and begging for work. My director called me and offered increased pay to do so. That meant I did very little telemedicine this month as we had a vacation and a few fun short trips planned on days off. L
Life has really become a lot more fun and enjoyable being a “part time” doc, particularly no longer working night shifts has made me much happier and likely healthier too. It is somewhat hard to accept lower monthly income (compared to what I can and was previously making), but I remember how much we have done on the investing side and it’s worth it for the long term.
Expenses
I continue to be surprised at how much our expenses have increased over the last year or so. We have had a lot of maintenance items come up on our home and boat this year greatly increasing our usual expenses and there is likely more to come. We have also started to open up a bit on our spending with vacations, weekend trips, etc. The other big bill this month was for my CPA/payroll/tax stuff.
Investments
While we hit $3 mil briefly in early June, the market and crypto dumped pretty hard thereafter and we came back down to reality.
No major changes with our retirement contributions, my wife continues to contribute to her 457, about 11k left so should be maxed in about 2 more months. I continue to save up for my end of year S corp tax bill.
Investment Accounts:
Slight drop for the month but still trending up and to the right for the year.
My Financial Goals for 2026
- Hit $3 million in investments: We did this, June 1st!!!!!
- 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