Final Post on 2012 goals

I just wanted to make one final post on my 2012 goals, just to sort of put them to rest as I get ready for 2013.  I had 5 goals for 2012, and I already gave an update on them here.  I just wanted to talk about goals 4 and 5 here, as the first 3 goals were pretty much already met.

4.  Contribute as much as possible to my roth IRA.   I was able to contribute the maximum $5000 for 2011; what I bought with it is detailed here.  I plan on doing the same thing for 2012, but like 2011, it will have to wait until 2013, when I get a better idea of my MAGI.




- I plan on making my 2012 contribution next month.   I think that my MAGI will be over the limits for the Roth IRA, but I plan on doing the non-deductible IRA contribution and then shortly thereafter converting it to a roth.  I'll write about it after I do it.


5.  Increase my dividend income by $2000 next year.  When I wrote this, I was making $18,000 a year in dividends.  Due to a few nice dividend increases and purchases, my projected dividend totals for the next 12 months is now $20,700!  I obviously blew this goal out of the water, and I'm now aiming to add $1300 in more dividend income for the year, for an even $22,000.

- Well, my projected dividend total for the next 12 months is now $22,234!  I blew this goal out of the water twice in the same year!  I'll have another goal around this number for 2013, and hopefully it will be one that is a little more reasonable for a 12 month time period.

So there you have it, the 2012 goals completed.  I'll be coming out with my 2013 goals soon!