November was another bad month for my retirement savings. My monthly investment income went down from $41.34 last month to $39.17 this month. I actually made more money in interest and dividends last month than what I’m projecting as my income. This is because I received a quarterly dividend payment and I earned interest on accounts that I don’t consider part of my retirement savings.
Disclaimer:This is not my actual investment income. To get this figure I first add up my retirement accounts, emergency fund, and any other money I consider permanent savings. What the total of my savings would earn at 6% interest for a month is my monthly investment income.