Share your net worth progression

ryan1982 · Post by **ryan1982** » Sat Jun 17, 2017 1:32 pm

I'm 34. My wife is 31. In 2013 our net worth was less than zero. Now it's nearing 300k.

We bought a house in a good real estate market in Southern Oregon, paid off student loans and continue to invest as much of our income as possible.

Post by **LadyGeek** » Sat Jun 17, 2017 2:57 pm

LFKB wrote:You tMB?

Can't mention the stock because it could lead to some personal info being revealed, which is why I only mention the other ones.

What is "tMB"?

annielouise · Post by **annielouise** » Sat Jun 17, 2017 3:03 pm

Gen X is now 43?! Boy, that makes me feel old.

We are the oldest of Gen X, and we are 52!

I only have records back to 2006, January 1st amts.

2006: $482,000
2007: $609,000
2008: $687,000
2009: $567,000
2010: $750,000
2011: $873,000
2012: $952,000
2013: $1,087,000
2014: $1,286,000
2015: $1,440,000
2016: $1,562,000
2017: $1,767,000

I do not include the current value of a pension or SS. Never even considered that until reading through this topic. I suppose they offset the taxes that will come out of the tax deferred retirement.

Our goal is to hit $3M total net worth (about $2.5M w/o property).

ruskoolie · Post by **ruskoolie** » Sat Jun 17, 2017 8:39 pm

LadyGeek wrote:
LFKB wrote:You tMB?

Can't mention the stock because it could lead to some personal info being revealed, which is why I only mention the other ones.
What is "tMB"?

You don't want to know lol

3 MBers ITT I guess

tolerable2323 · Post by **tolerable2323** » Tue Jul 11, 2017 12:29 am

2008-5000 (25 years old)
2009-149,619k (put my down payment in a house in stocks)
2010-244,934
2011-281,476
2012-397,391
2013-496,636
2014-532,287
2015-363,689 (took out 150k from taxable to start a business)
2016-611,065 (was able to put back the 150k short term loan to stocks again)
2017 806,372

herpfinance · Post by **herpfinance** » Tue Jul 11, 2017 4:06 am

Pretty fun to dig up your old posts. I made this one just last year in a thread about hitting your first $100k.

herpfinance wrote:I hit that milestone last year. I don't remember if it was before or after my birthday, so either at age 30 or 31.

I feel pretty confident saying that I will reach 200k before age 35.

Well, now I'm at $200k before age 33. There's a bit of cheating involved since the USD exchange rate to my local currency has fluctuated some, though. Even adjusting for that, I'm still further ahead than where I expected to be.

frestyle · Post by **frestyle** » Wed Jul 12, 2017 6:18 am

2009: -$9,000 (age 22 with student loans. Got my first big boy job in the middle of the year)
2010: $50,620
2011: $96,113
2012: $194,511 (switched jobs for a substantially higher salary)
2013: $313,981
2014: $496,969
2015: $646,197
2016: $843,126 (switched jobs again for higher pay)
2017 YTD: $1,016,024

I have always been a good saver and found the Bogleheads in 2013. My parents paid for half my college costs and I took out loans for the other half. These net worth numbers are for a single person household.

sanfran2015 · Post by **sanfran2015** » Fri Jul 14, 2017 10:20 pm

frestyle wrote:2009: -$9,000 (age 22 with student loans. Got my first big boy job in the middle of the year)
2010: $50,620
2011: $96,113
2012: $194,511 (switched jobs for a substantially higher salary)
2013: $313,981
2014: $496,969
2015: $646,197
2016: $843,126 (switched jobs again for higher pay)
2017 YTD: $1,016,024

I have always been a good saver and found the Bogleheads in 2013. My parents paid for half my college costs and I took out loans for the other half. These net worth numbers are for a single person household.

Thats an amazing trend! Its also neat that you were able to save so much right after college - that sounds like a really high paying tech job!

warpork · Post by **warpork** » Sat Jul 15, 2017 10:20 am

All January 1 dates:

2006: $225,472 (was 33 when I started keeping records)
2007: $537,747
2008: $539,148 (market had been tanking a bit here)
2009: $536,507
2010: $558,385
2011: $636,406
2012: $658,082
2013: $767,304
2014: $1,071,910 (woooo wooo 7 figures finally!)
2015: $1,236,865
2016: $1,402,910
2017: $1,660,214
Today: $1,814,843

Looking back, glad I never pulled anything out during the recession. Despite some scary times wondering if I should have pulled it out, it all came back and then some.

sanfran2015 · Post by **sanfran2015** » Sat Jul 15, 2017 2:45 pm

warpork wrote:All January 1 dates:

2006: $225,472 (was 33 when I started keeping records)
2007: $537,747
2008: $539,148 (market had been tanking a bit here)
2009: $536,507
2010: $558,385
2011: $636,406
2012: $658,082
2013: $767,304
2014: $1,071,910 (woooo wooo 7 figures finally!)
2015: $1,236,865
2016: $1,402,910
2017: $1,660,214
Today: $1,814,843

Looking back, glad I never pulled anything out during the recession. Despite some scary times wondering if I should have pulled it out, it all came back and then some.

I'm guessing a large part of your gain is your own contributions and not market appreciation. Correct? Its remarkable if this is all market gains. Also, are you a Boglehead investor (i.e. indexer) or do you do individual stocks?

Hawaiishrimp · Post by **Hawaiishrimp** » Sat Jul 15, 2017 7:39 pm

$1.88m as of today.

Note: Used to be 2.00m, but I spent a little on home improvement. I didn't adjust the house equity up as a result, because I consider the improvement itself just a perceived value.

primetime5 · Post by **primetime5** » Sat Jul 15, 2017 10:33 pm

I haven't really tracked mine year to year but it was negative all the way from when I graduated college in 2008 until probably 2012. Now in 2017 and 4 kids later we're at $801k NW. It's miraculous, really. The Lord has been good to us.

CyclingDuo · Post by **CyclingDuo** » Sat Jul 15, 2017 10:45 pm

Edited: Interesting article about tracking your wealth from The Wall Street Journal available here:

http://www.marketwatch.com/story/1-mill ... yptr=yahoo

warpork · Post by **warpork** » Sun Jul 16, 2017 11:04 am

sanfran2015 wrote:
warpork wrote:All January 1 dates:

2006: $225,472 (was 33 when I started keeping records)
2007: $537,747
2008: $539,148 (market had been tanking a bit here)
2009: $536,507
2010: $558,385
2011: $636,406
2012: $658,082
2013: $767,304
2014: $1,071,910 (woooo wooo 7 figures finally!)
2015: $1,236,865
2016: $1,402,910
2017: $1,660,214
Today: $1,814,843

Looking back, glad I never pulled anything out during the recession. Despite some scary times wondering if I should have pulled it out, it all came back and then some.
I'm guessing a large part of your gain is your own contributions and not market appreciation. Correct? Its remarkable if this is all market gains. Also, are you a Boglehead investor (i.e. indexer) or do you do individual stocks?

Had some great returns in there as well being able to add some sizable contributions. Salary was about $150k in 2005 and about $250k today. Another factor was some investment/rental properties that were sold for some for a nice profit. Most is in index funds.

arsenalfan · Post by **arsenalfan** » Tue Jul 18, 2017 9:47 am

I'll give it a shot:
2002 $15k (finished grad school. 1983 Accord not included lol)
2007 $175k (finished medical training, very lucky on home appreciation/sale)
2009 $1MM (hit in late 2009 tons of saving for 2 years)
2012 $2MM (rinse, repeat)
2013 $2.4
2014 $2.8
2015 $3.4
2016 $4.2
Jul 2017 $4.9 (run bull run, I find this compounding stuff insane)
Dec 2017 update: $5.25 - gains exceed w2 income for first time!

80/20 since 2015, when I got my house in order and came to BH (though my FA wasn't doing too shabby).
Some alternative investments started to help out starting in 2015.
Trying to be mentally prepared for it to drop to 2.5 MM.

Iliketoridemybike · Post by **Iliketoridemybike** » Tue Jul 18, 2017 10:09 am

All January 1st totals.

06 1,201,000 age 43
07 1,389,869
08 1,181,839
09 1,171,839
10 1,335,860
11 ?? Didn't record it for some reason.
12 1,849,000
13 2,422,000
14 2,782,000
15 2,992,000
16 3,688,992
17 4,130,000 Age 54

Iliketoridemybike · Post by **Iliketoridemybike** » Tue Jul 18, 2017 2:27 pm

arsenalfan wrote:I'll give it a shot:
2002 $15k (finished grad school. 1983 Accord not included lol)
2007 $175k (finished medical training, very lucky on home appreciation/sale)
2009 $1MM (hit in late 2009 tons of saving for 2 years)
2012 $2MM (rinse, repeat)
2013 $2.4
2014 $2.8
2015 $3.4
2016 $4.2
2017 $4.9 (run bull run, I find this compounding stuff insane)

80/20 since 2015, when I got my house in order and came to BH (though my FA wasn't doing too shabby).
Some alternative investments started to help out starting in 2015.
Trying to be mentally prepared for it to drop to 2.5 MM.

...trying to not drop to 2.5mm.

Changed my AA to 55/45. Hoping I learned something from 1987, 1991, 2000, 2008.

drmoneytails · Post by **drmoneytails** » Sun Oct 01, 2017 3:01 pm

drmoneytails wrote: ↑Mon Nov 28, 2016 3:59 am Just recently started tracking my net worth and reeaaallyy tracking my expenses. Im a physician, still in training, with around 50K in debt (student loan and a car loan). My wife and I got married in April 2016, and so far our DrMoneyTails Family consists of the both of us, the Dog and the Cat.

Networth April 2016: 17K
Networth October 2016: 40K

Tracking my expenses, learning from my fellow bogleheads and personal finance bloggers helped me put my financial life in order and have a goal. Hopefully I will keep on track!

One year later and here's where we stand. Student loans are gone but had to replace one vehicle, so now we have two car loans totaling 35k in debt.
Networth April 2016: 17K
Networth October 2016: 40K
Networth October 2017:144k

dspencer · Post by **dspencer** » Mon Oct 02, 2017 9:18 am

drmoneytails wrote: ↑Sun Oct 01, 2017 3:01 pm
drmoneytails wrote: ↑Mon Nov 28, 2016 3:59 am Just recently started tracking my net worth and reeaaallyy tracking my expenses. Im a physician, still in training, with around 50K in debt (student loan and a car loan). My wife and I got married in April 2016, and so far our DrMoneyTails Family consists of the both of us, the Dog and the Cat.

Networth April 2016: 17K
Networth October 2016: 40K

Tracking my expenses, learning from my fellow bogleheads and personal finance bloggers helped me put my financial life in order and have a goal. Hopefully I will keep on track!
One year later and here's where we stand. Student loans are gone but had to replace one vehicle, so now we have two car loans totaling 35k in debt.
Networth April 2016: 17K
Networth October 2016: 40K
Networth October 2017:144k

Looks like progress is accelerating, congrats!

dcop · Post by **dcop** » Mon Oct 02, 2017 6:34 pm

Just to add a short timeline story to this:

Lost my 48K/year Gross income job in 1996, didn't get back to that income until 2006. Now Grossing 64K
Divorced in 1999 at 40 years old, came out of divorce with 180K in 401k and 60K in cash. (240K netwoth)
DUI in 2000. Didn't interrupt my job, paid my fines and higher insurance and got through it without much of a hit.
Went through the internet bubble (NW fell to 127K in 2001, I was buying junk stocks that had no fundamentals) recession and the 2008 disaster.

My moral of my story: if it can be done with these bumps it can really be done. Max out your pre-tax accounts and let the Dividends reinvest.

EOY 2006 NW: $478,999.31
EOY 2007 NW: $536,121.62
EOY 2008 NW: $407,109.81
EOY 2009 NW: $562,688.16
EOY 2010 NW: $666,994.26
EOY 2011 NW: $692,506.61
EOY 2012 NW: $816,233.12
EOY 2013 NW: $1,055,741.82
EOY 2014 NW: $1,209,388.16
EOY 2015 NW: $1,284,413.62
EOY 2016 NW: $1,472,810.72
Now 2017 NW: $1,668,281.56

student · Post by **student** » Mon Oct 02, 2017 8:32 pm

dcop wrote: ↑Mon Oct 02, 2017 6:34 pm Just to add a short timeline story to this:
Lost my 48K/year Gross income job in 1996, didn't get back to that income until 2006. Now Grossing 64K

EOY 2006 NW: $478,999.31
EOY 2007 NW: $536,121.62
EOY 2008 NW: $407,109.81
EOY 2009 NW: $562,688.16
EOY 2010 NW: $666,994.26
EOY 2011 NW: $692,506.61
EOY 2012 NW: $816,233.12
EOY 2013 NW: $1,055,741.82
EOY 2014 NW: $1,209,388.16
EOY 2015 NW: $1,284,413.62
EOY 2016 NW: $1,472,810.72
Now 2017 NW: $1,668,281.56

This is impressive. $64K is 68 percentile for your age and $1 mil is 84 percentile using 2013 data.

TheHouse7 · Post by **TheHouse7** » Mon Oct 02, 2017 9:37 pm

jbird11 wrote: ↑Mon Jan 23, 2017 4:16 pm Started using Personal Capital 40 months ago.

Started at 127K now 416K.

Wondering if $7K+ per month to NetWorth is good/bad based on $160K combined income?

I think it is fantastic! (50%+ income savings at that income level is sweet)

Detroittl · Post by **Detroittl** » Tue Oct 03, 2017 1:10 am

2004 -5k ... 55k income
2007 zero ... 60k
2009 zero found Dave Ramsey ...55k
2010 30k ...80k
2013 55k bought house...80k
2015 65k found bogleheads...140k
2016 100k ...135k
2017 (October) 253k...120k

Attribute growth to: (in order of impact)

Finding bogleheads and maxing out tax advantaged space
Income growth
Cutting out fees and simplifying portfolio
Figuring out my number for FIRE and being intentional about spending, saving and investing
Buying home
Market growth

tnbison · Post by **tnbison** » Tue Oct 03, 2017 7:38 am

Been a couple years since I posted in this thread.

1/1/2007: -24,000
1/1/2008: 500
Joined work force
1/1/2009: 15,700
1/1/2010: 32,000
1/1/2011: 64,100
Got married, purchased home
1/1/2012: 140,230
1/1/2013: 220,905
1/1/2014: 309,338(kid #1)
1/1/2015: 376,832
1/1/2016: 457,700(kid #2)
1/1/2017: 571,808
1/1/2018(projected): 770,000

ryman554 · Post by **ryman554** » Tue Oct 03, 2017 2:06 pm

July 2003: ~$30-50k. (Left academia)
Dec 2011: ~$600k (Left first job, ~50% in home equity)
Aug 2013: ~$850k (Left second job, ~50% in home equity, but have a different house now)
Dec 2014: >$1.1M (hit my first million, ~50% in home equity)
Dec 2016: >$1.5M (Left third job in meantime, still ~50% in home equity)
Today: ~$1.9M, thanks to bull market, finally < 50% home equity and member of two comma club

I got lucky with a house.
The rest was (mostly) saving every raise and the market run-up since 2011.
Changing jobs boosted income, and therefore, savings rates.

techcrium · Post by **techcrium** » Fri Oct 27, 2017 8:55 am

oh wow I can't believe this thread got so many replies after 3 years. It was enjoyable reading it all. I have updated my OP to reflect 2017.

student · Post by **student** » Fri Oct 27, 2017 9:00 am

techcrium wrote: ↑Fri Oct 27, 2017 8:55 am oh wow I can't believe this thread got so many replies after 3 years. It was enjoyable reading it all. I have updated my OP to reflect 2017.

Congratulations. You are making such good progress.

IMD801 · Post by **IMD801** » Sun Dec 03, 2017 2:59 pm

Annual update since joining a few years ago:

2008: -150k
2009: -130k
2010: -120k
2011: -100k
2012: -60k
2013: 0
2014: 160k
2015: 340k
2016: 620k
2017: 1M

dcop · Post by **dcop** » Sun Dec 03, 2017 3:31 pm

IMD801 wrote: ↑Sun Dec 03, 2017 2:59 pm Annual update since joining a few years ago:

2008: -150k
2009: -130k
2010: -120k
2011: -100k
2012: -60k
2013: 0
2014: 160k
2015: 340k
2016: 620k
2017: 1M

Dang. Almost 50% gain this year. Very nice!

Jimmar · Post by **Jimmar** » Mon Dec 04, 2017 5:08 am

sep 93 00
seo 00 100k
jan 04 200k
oct 06 300k
sep 07 400k
apr 10 500k
jan 11 600k
aug 12 700k
mar 13 800k
oct 13 900k
jun 14 1m
may 15 1.1m
jan 17 1.2m
aug 17 1.3m

age 58 retirement at 65 no debt

Toons · Post by **Toons** » Mon Dec 04, 2017 6:13 am

AmericaFirst wrote: ↑Sun Jun 11, 2017 7:39 pm 2001: $10,000
2002: $25,000
2003: $50,000
2004: $80,000
2005: $130,000
2006: $200,000
2007: $280,000
2008: $350,000
2009: $300,000
2010: $350,000
2011: $425,000
2012: $515,000
2013: $600,000
2014: $685,000
2015: $725,000
11/8/2016: $800,000
June 2017: $940,000

Notes: Mommy and Daddy did not pay for education, house down payment, wedding, etc. Always only 1 income with average wage around $75,000; Does not include real estate value (it's an expense, not an asset).

Kudos to You.
Outstanding

grettman · Post by **grettman** » Mon Dec 04, 2017 6:20 am

2009: $405K
2010: $494K
2011: $552K
2012: $680K
2013: $863K
2014: $1M
2015: $1M
2016: $1.2M
2017: $1.4M

Single income. Family of 4. Excludes home equity. Excluding 529 programs, NW is $1.35M.

an_asker · Post by **an_asker** » Mon Dec 04, 2017 7:44 am

TomatoTomahto wrote: ↑Wed Jun 14, 2017 2:04 pm
Here's what I was trying to get to - if she were making less than a man would for the same position, wouldn't it be more reason for her to be a SAHM and for you to duke it out in the workplace?
I guess if money were the only consideration, but then why wouldn't we both work? For that matter, why have kids, since clearly they're a financial drag? In our case, my wife was more ambitious than I was. She operated much better at high levels. The only advantage I had over her was that I was a better coder, but, in the overall scheme of things, so what?

Also, with respect to the home front, I was trying to see if your wife made an abrupt shift - in the sense that, once you became the SAHD, did a lot of her responsibilities become yours or did she still end up doing most of what she was always doing? In other words, maybe she didn't shop for groceries and household needs even when you were working (this is just an example of where I was going)?
Before I became a SAHD, we were roughly 50/50 around the house. After, it became maybe 90/10.

Re: not being mainstream 15 years ago vs. now ... is it because the gender wage gap is narrowing, or is it just that more men have realized that they would rather be not in the work place?
I wasn't completely delighted in the workplace, but I missed it when I left. Otoh, I was glad to have a chance to raise my kids, something that I hadn't had as much time to do with my children from my first marriage. No need for false modesty here: I am an exceptionally good father. I got great satisfaction from being a father, and I really enjoyed watching my wife grow.

I am curious; would you have asked the questions if the genders were reversed?

Didn't see your response earlier - probably I quit reading this thread and the software didn't notify me of a response

Anyway, a quick answer to your question - yes ... if the gender wage gap were reversed as well of course!

My questions was exactly along the lines of bogleheads questioning Dave Ramsey's logic of paying off the lowest balance loan, as opposed to the lowest interest rate loan, first.

holycow007 · Post by **holycow007** » Mon Dec 04, 2017 7:46 am

2007 - 0 (got married) - age 28
2010- 80K (had a kid)
2013 - 150K
2014- didn't track
2015- didn't track
2016 - 500K
2017: 700K (adopted our retriever) - age 38

seity · Post by **seity** » Tue Dec 05, 2017 5:04 pm

Didn't start tracking before 2013
Dec 2013 $338,500 (kid #2)
Dec 2014 $340,500 (Raise to 60k)
Dec 2015 $375,500
Dec 2016 $370,500 (Lots of medical and home ownership expenses)
Dec 2017 $410,500 (Raise to 70k)

Single income, family of 4, includes home equity. My husband is a SAHD
Me age 44
Husband age 42

akpataego · Post by **akpataego** » Tue Dec 05, 2017 5:26 pm

I'm 27, single. I finished grad school at the end of 2015 (25). Wish I had started investing harder/earlier but now I've learned great tools for success. I was smart enough to invest in my companiy's 401K from the beginning but it was only 3%. Early this year I changed my allocation to 6% to get the full match. And as of yesterday, I have changed my allocation again so I will be maxing out my 401K for 2018.

Networth:
2016: (-)15,000
2017- 50,000

I opened a vanguard roth IRA in May of this year and maxed it out. About two weeks ago in November of this year I took all my money out of Betterment and built a three fund portfolio at Vanguard. I opened an HSA today.

Excited to update next year. I hope to have 2.5 times my networth right now, this time next year.
Wish I started earlier, but I'm happy to have learned these tools.

WhiteMaxima · Post by **WhiteMaxima** » Tue Dec 05, 2017 5:48 pm

Would like to see BH retirement asset winding down progression. It would be more interesting. Of course it is sad to be living poor. But it is more sad to be living poor but dying rich.

bogleraw · Post by **bogleraw** » Tue Dec 05, 2017 6:14 pm

WhiteMaxima wrote: ↑Tue Dec 05, 2017 5:48 pm Would like to see BH retirement asset winding down progression. It would be more interesting.

+1 That is a great idea!

CMD1 · Post by **CMD1** » Tue Dec 05, 2017 6:30 pm

Retirement funds only (we also have a cash flow positive rental house with $150k equity but would net closer to $100k after fees and taxes if selling today, currently rent where we live in HCOL area).

Married, about to hit 40. These are combined for both of us, never been a high earner (never earned 6 figures combined, getting close now..) and have been a single income HH the last 6 years, 2 kids.

2011 - $85k
2012 - $101k
2013 - $125k
2014 - $149k
2015 - $164k
2016 - $183k
2017 - $214k + $150K home equity = $364k.

Numbers pale in comparison to most but proud of the start we have, have always contributed 10-15%, just had a fairly low income during many of the early years. Given our expenses are modest I actually think we are in a good position. Owned a few rental properties through the crash so did not benefit from purchasing in the 2011-2013 time frame like many.

CMD1 · Post by **CMD1** » Tue Dec 05, 2017 6:36 pm

akpataego wrote: ↑Tue Dec 05, 2017 5:26 pm I'm 27, single. I finished grad school at the end of 2015 (25). Wish I had started investing harder/earlier but now I've learned great tools for success. I was smart enough to invest in my companiy's 401K from the beginning but it was only 3%. Early this year I changed my allocation to 6% to get the full match. And as of yesterday, I have changed my allocation again so I will be maxing out my 401K for 2018.

Networth:
2016: (-)15,000
2017- 50,000

I opened a vanguard roth IRA in May of this year and maxed it out. About two weeks ago in November of this year I took all my money out of Betterment and built a three fund portfolio at Vanguard. I opened an HSA today.

Excited to update next year. I hope to have 2.5 times my networth right now, this time next year.
Wish I started earlier, but I'm happy to have learned these tools.

Awesome job. Just out of curiosity how do you add 2.5 x your net worth in 1 year. That would take you to $125k in a year and after maxing 401k and IRA would mean you would still need $50k in appreciation for the year which would be a 100% gain if I understand right. Unless you have a very large salary and doing saving outside the retirement accounts how do you get to that?

akpataego · Post by **akpataego** » Tue Dec 05, 2017 11:32 pm

I smiled because I got my first reply ever on this board.

I hope you'll be able to see my reply too.

Code: Select all

Awesome job. Just out of curiosity how do you add 2.5 x your net worth in 1 year. That would take you to $125k in a year and after maxing 401k and IRA would mean you would still need $50k in appreciation for the year which would be a 100% gain if I understand right. Unless you have a very large salary and doing saving outside the retirement accounts how do you get to that?

I hope I'm doing the right math but that would mean saving 75,000 more this year. I shudder to think of how much more I could have saved this year had I maxed out my 401K and not paid off the remaining 18K from a 20K car purchase.

I saved about 40K in post tax income this year and put it in a savings account, I just opened a vanguard account 2 weeks ago and transferred it all there.

I'm so grateful for this forum.

My earnings are between 180-200K a year (depending on if I work extra), my issue is I live in an expensive city. I don't know how much of a stretch my goal will be, but I think with all these new tools I've learned I will be able to save 75K next year.

When I get married and am able to reduce/share some of my expenses, I think my saving potential will be really great!

I wish I found this forum earlier.

BF2011 · Post by **BF2011** » Wed Dec 06, 2017 12:31 am

NMD deleted

Hawaiishrimp · Post by **Hawaiishrimp** » Wed Dec 06, 2017 12:52 am

2015: 970k
2016: 1.51M
2017: 2.01M

gwrvmd · Post by **gwrvmd** » Wed Dec 06, 2017 1:59 am

A new concept that goes along with Net Worth Progression is the Wealth Conversion Efficiency Ratio. The WCER is your Current Total Net Assets over the total money you have earned in your life. It is a measure of how efficiently you have turned your human capital into financial capital for use in the future when you have no more human capital.

I have never heard of it before. It was discussed recently by Harry Sit, a financial blogger "The Finance Buff". It is not in the Wiki nor is it in Investopedia but it is a really interesting calculation. Difficult to calculate accurately because all earning figures should be corrected for inflation (which he has made a chart to do) that). His hypothesis so far is that a wise financial life will give you a ratio of 100% at 65.

I did mine with fairly rough calculation and got 90% for when I retired 10 years ago at 69. I have had no income in the past 10 years but the roaring stock market now gives me a WCER ratio of 120%. Give me another drink from the top shelf! ............Gordon

clutchied · Post by **clutchied** » Wed Dec 06, 2017 8:30 am

NW - YEAR - YoY Change

795,711 - 2017 - 171,625
624,086 - 2016 - 223,236
400,850 - 2015 - 61,525
339,325 - 2014- 89,775
249,550 - 2013 - 125,992
123,558 - 2012- 35,478
88,080 - 2011 - 38,187
49,893 - 2010- 24,335
25,558 - 2009 - 25,558

p0nyboy · Post by **p0nyboy** » Wed Dec 06, 2017 9:07 am

Started tracking in 2013, im 34...wife is 33

2013 - $485k
2014 - $552k (67k increase)
2015 - $620k (68k increase)
2016 - $637k (17k increase...purchased home for $220k, $100k down payment)
2017 - $785k ($148k increase)

lolbatross · Post by **lolbatross** » Wed Dec 06, 2017 9:39 am

2006 - ~0k, Graduated College, moved in with parents - no debt
2007 - ~30k, Lived with parents, maxing 401k & IRA savings most of $22/hr + OT
2008 - ~60k, LIved with parents, maxing 401k & IRA, bought a 30k new car cash (doh!)
2009 - ~100k, started taxable, new job $45/hr
2010 - ~150k, new job 75k/yr +full benefits, great 401k
2011 - ~300k, got married (~+100k NW from wife)
2012 - ~370k, Bought House + DINKs, promotion
2013 - ~500k, DINKS
2014 - ~600k, Kid1, DW part time
2015 - ~700k, DW part time, promotion
2016 - ~810k, Kid2, DW part time
2017 - ~1M, DW part time
2018 - 1.05M, Basement project -40k
2019*- 1.45M, Good bonus year, markets on fire, mortgage paydown/refi, DW promotion & more hours

Family income ~240k - gross savings ~30% - ~85% of NW is index funds and the rest is home equity & cash. Income growth is very likely to slow or stop. Equity exposure added +140k this year. Anticipate a -400k year in the future!

technovelist · Post by **technovelist** » Wed Dec 06, 2017 10:58 am

Robert44 wrote: ↑Sun May 18, 2014 10:35 pm
Professor Emeritus wrote:Would never claim I was wealthy but
I suggest
1) marry the right partner
2) Live in the same house for 34 years
3) work very hard at your profession
4) live below your means and save prodigiously
5) never listen to or pay a dime to a broker or other thief

Agree 100%

Why exactly 34 years?

2Birds1Stone · Post by **2Birds1Stone** » Wed Dec 06, 2017 7:24 pm

Portfolio-Income -Comment
2010 $10k - $26k 23 years old, first full time job
2011 $20k - $39k
2012 $30k - $53k 1st promotion into management
2013 $40k - $52k
2014 $60k - $53k
2015 $80k - $49k
2016 $140k - $109k Career change
2017 $250k - $170k
2018 ~$350k - $92k (yup income took a dump)

Thesaints · Post by **Thesaints** » Wed Dec 06, 2017 7:29 pm

Robert44 wrote: ↑Sun May 18, 2014 10:35 pm
Professor Emeritus wrote:Would never claim I was wealthy but
I suggest
1) marry the right partner
2) Live in the same house for 34 years
3) work very hard at your profession
4) live below your means and save prodigiously
5) never listen to or pay a dime to a broker or other thief

Wouldn't that procedure have exactly the same effect replacing "4) live at your means and don't save" ?

However, I'm mostly curious of how many are calculating their net worth wrong. Already spotted a few without even looking.