|2008 New Year's Resolutions and Status|
|Healthier Lifestyle||Lose 10% of weight||Have achieved a 10% weight loss and am at the weight of my freshman year in college. If I lose an additional 5%, I will be at my sophomore year high school weight.|
|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 2 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. In 2010, we will benefit from two additional tax strategies involving the saver's and making work pay credits.|
|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. To date, we have earned 34% of our projected 2010 expenses.|
|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 increased the number day trips this summer. We are planning a trip to either Yellowstone or the Grand Canyon|
|Hobbies||Playing tennis, and some golf.|
This report card is a significant improvement over the January 2010 report card which had a B average. My main opportunity areas are eating fruits and vegetables and exercise. I won't consider my 2008 resolutions successful, until I give myself an A in every category :-)
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