|2008 New Year's Resolutions and Status|
|Healthier Lifestyle||Lose 10% of weight||Briefly achieved 10% in September, 2009, but have only been able to consistently maintain a 7.5% loss.|
|Better diet||Achieved a target of 5 servings of vegetables/fruit per day in July, 2009, but have regressed back to 2-3 per day.|
|More exercise||In July, 2009, I had exceeded my target of 3 times per week by regularly exercising 6 times per week. Have fallen back to 1 time per week.|
|Tax Strategies||Identify five strategies to minimize taxes||Used Roth IRA contribution, Child tax credit, Roth IRA conversion , and 0% long term capital gains in 2008. Continued to benefit from these four tax strategies in 2009, and added a fifth of using accelerated itemized deductions and standard deductions in alternating tax years.|
|Contingency income||Earn 20-40% of retirement income needs in first 3 years||Achieved 27% in 2008 due to deferred compensation. In 2009, 16% was achieved because our monthly expenses declined when we paid off our mortgage. It isn't clear yet whether I can achieve 20% in 2010.|
|Have Fun||Family activities and vacations||Have attended 100% of our daughter's pre-school activities for parents. We do an annual vacation with in-laws, and an annual family camping trip. We are planning a trip to either Yellowstone or the Grand Canyon|
|Hobbies||Playing tennis, rediscovered stamp collecting, and playing some golf.|
I won't consider my 2008 resolutions successful, until I give myself an A in every category. As a start, I will be returning to a schedule of visiting the company gym at least three times a week, starting tomorrow.
For more on New Beginnings, check back every Sunday for a new segment.
This is not financial or personal development advice. Please consult a professional advisor.
Copyright © 2010 Achievement Catalyst, LLC