Share your net worth progression

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
4a757374696e
Posts: 72
Joined: Thu Sep 29, 2016 11:38 pm
Location: Austin, TX

Re: Share your net worth progression

Post by 4a757374696e »

This is an amazing thread. It convinced me to create a spreadsheet for myself. Here are the totals:

Year | Age | Net Worth
----------------------
2013 | 18 | $72.81
2014 | 19 | $3,877.62
2015 | 20 | $17,197.16
2016 | 21 | $38,825.93
2017 | 22 | $76,546.57
2018 | 23 | $143,118.42
2019 | 24 | $161,576.40
2020 | 25 | $283,392.29

I'm a single guy living in a MCOL city. I graduated at the end of 2016 (computer science). I was extremely fortunate to have a year-round internship during college. The majority of my net-worth (90%) is in retirement; this has been a blessing and a curse. I'm really enjoying my career and am excited for the future. My current gross income is about $120k. I live pretty frugally, but I've definitely splurged here and there, mostly food & beer :)
Don't do anything tomorrow that can be done today
Matt62
Posts: 23
Joined: Sat Feb 01, 2014 5:31 pm

Re: Share your net worth progression

Post by Matt62 »

Entered the workforce around mid-eighties. I didn't earn much until my mid-forties and was just a so-so saver/investor. I would say that I was generally not really interested in my personal finances until around 2010 when I became aware of Bogleheads. Many thanks to all of you.

Numbers reflect portfolio value.

48 2010 $563,268.88
49 2011 $634,519.78
50 2012 $710,170.40
51 2013 $891,326.17
52 2014 $1,064,057.32
53 2015 $1,273,101.58
54 2016 $1,474,444.96
55 2017 $1,849,217.97
56 2018 $1,967,417.15
57 2019 $2,578,971.97

Side note: Home is paid off and estimated around 1M.
Prov227
Posts: 50
Joined: Thu Apr 03, 2014 11:13 pm
Location: Milwaukee, WI

Re: Share your net worth progression

Post by Prov227 »

Married, no kids, MCOL area:
  • 2011 | $151 K … age ~30, household income ~$115 K
  • 2012 | $189 K
  • 2013 | $240 K
  • 2014 | $319 K
  • 2015 | $379 K
  • 2016 | $453 K
  • 2017 | $554 K … paid off mortgage on primary residence
  • 2018 | $627 K … household income steadily increased to high point of ~$175 K
  • 2019 | $767 K … household income decreased to ~$150 K (DW pseudo-FIRE)
2019 net worth allocation is approximately 50% investments, 45% house/etc, 5% cash.
"...and the borrower is slave to the lender." -Proverbs 22:7
joeblow
Posts: 130
Joined: Sat Nov 28, 2015 12:17 pm

Re: Share your net worth progression

Post by joeblow »

joeblow wrote: Fri Feb 24, 2017 1:22 am These are just retirement accounts since we don't track everything in one place. Rough numbers...

$50K 12/05
$80K 12/06
$107K 12/07
$104K 12/08
$162K 12/09
$219K 12/10
$250K 12/11
$320K 12/12
$435K 12/13
$520K 12/14
$595K 12/15
$750K 12/16
$980K 12/17
$1150K 12/18
$1400K 12/19

Been a couple of years since I've seen this thread. Some impressive numbers on here!

Updated ours for 2018 and 2019. Crossed over $2 million in net worth sometime in 2017 or 2018.
jxlegend
Posts: 3
Joined: Fri Jan 03, 2020 8:01 pm

Re: Share your net worth progression

Post by jxlegend »

Hello! First post on this wonderful board. First year medical student. Dad paid for undergrad, I'm on my own for med school.

Net worth:

1/5/20: ~-45k

Some reflections: I took 2 years between undergrad and med school to, frankly, strengthen my application with some additional classes and work as a research assistant/get published. This is the less expensive option haha. My undergrad was/is prestigious, so all of my friends in CS, even those with <3.0 GPAs, are at 200+ total comp, so I'm a little jealous seeing them living great lives. My goal in the boglehead mentality is the catch up sometime in the next 30 years.
Last edited by jxlegend on Sun Jan 05, 2020 3:05 pm, edited 1 time in total.
Dude5568
Posts: 27
Joined: Thu Apr 28, 2016 2:46 pm

Re: Share your net worth progression

Post by Dude5568 »

Soon2BXProgrammer wrote: Wed Jan 01, 2020 10:18 am Updated. With a high savings rate and this incredible bull market, I'm flabberghasted by the growth rate of our NW.
Soon2BXProgrammer wrote: Wed Dec 06, 2017 7:37 pm these are the ends of the year, and include all assets/liabilities. including house
Year - NW - Base Salary - Comments
2006 - Approximately 0 - 56k - First real job after military.
2007 - ????? - 59k - Bought House
2008 - ????? - 83k
2009 - ????? - 87k
2010 - ????? - 101k
2011 - ????? - 106k
2012 - ????? - 112k
2013 - 672k - 116k - House paid off
2014 - 818k - 122k
2015 - 931k - 138k
2016 - 1128k - 142k
2017 - 1424k - 147k
2018 - 1521k - 153k
2019 - 1905k - 158k
Wow ! , how have you managed to increase your NW almost 1 million in 4 years ? That is amazing indeed .
Dude5568
Posts: 27
Joined: Thu Apr 28, 2016 2:46 pm

Re: Share your net worth progression

Post by Dude5568 »

997TRBO wrote: Wed Jan 01, 2020 1:25 pm
997TRBO wrote: Mon Oct 28, 2019 7:45 am Here is my journey:

1992: $2000 in bank with $13K in student loans. Started job as a chemical engineer in June.
Did not really know about investing till 1997. Fortunately, I did know to live below my means.

Married in 2000. Did not start tracking NW until 2005. Wife and I always maxed out 401K. When I did get into investing, I did make some good investments in some of the now big name tech stocks. The rest of invested in solid companies that paid good dividend and had growth.

2005: 1.3M
2006: 1.5M
2007:1.75M
2008: 1.6M
2009: 1.6M
2010: 2.0M
2011: 2.2M
2012: 2.7M
2013: 3.5M
2014: 4.1M
2015: 4.1M
2016: 4.5M
2017: 4.9M
2018: 5.8M
2019: 8.8M

My career at work really started to takeoff in 2008 with a promotion that brings stock options as part of the compensation. My wife is a lawyer who works part time and we have saved/invested her entire take-home pay our whole marriage. The jump from 2010 onwards is due to coming out of the recession with a strong base in good stocks and investing more during the recession. The other factor is the big appreciation in the stock options from my company.. We invested in good companies like Home Depot and Apple during the recession which have had amazing returns. I am now shifting over to index and bond funds while managing/minimizing the tax consequences.
Updating with end of 2019 numbers: 8.8M

It has been an amazing year. Returns are from 1) company stock options appreciation since my company stock is having an amazing run, 2) run up of specific stocks like aapl, AMD, Nvidia and Broadcom, 3) more savings and 4) the general market bull run.
That is an unbelievable run. Congrats . Would you mind sharing your average saved amount per year over this time .
997TRBO
Posts: 5
Joined: Tue Apr 30, 2019 8:05 am

Re: Share your net worth progression

Post by 997TRBO »

Dude5568 wrote: Sun Jan 05, 2020 3:50 pm

That is an unbelievable run. Congrats . Would you mind sharing your average saved amount per year over this time .
Sure. Rough estimates from memory are:

~$100000 per year saved/invested during 2005 to 2010.
~$125000 per year saved/invested during 2011 to 2016
~ $150000 per year the last few years.

Actual for a specific year in each block could vary +/- 15%.
jabroni
Posts: 26
Joined: Thu May 23, 2019 4:10 pm

Re: Share your net worth progression

Post by jabroni »

I've been hesitant to post in here for a while, since it feels like most people in here are much later in their journey than us. It took until I was 30 to remove my head from my sphincter and start investing.

2015: $11k
2016: $22.6k
2017: $49.3k
2018: $60.9k
2019: $137.3k

For clarity, the $137.3k is allocated as follows:
Cash: $15.2k
Investments: $80.6k
Vested pension: $12.2k
Net home value: $29.3k
Last edited by jabroni on Mon Jan 06, 2020 9:11 am, edited 1 time in total.
cutterinnj
Posts: 371
Joined: Wed Jun 01, 2011 10:08 pm

Re: Share your net worth progression

Post by cutterinnj »

This is very approximate; numbers include taxable and retirement accounts, will list approximate real estate separately. Also have approximately $500k in 529's for 2 young children

Age 44
December 1, 2019: 2.35 million + around 400k home equity; Married, 2 children
January 1, 2020: 1.42 million + around 200k home equity; single, 2 children
sschoe2
Posts: 631
Joined: Fri Feb 24, 2017 4:42 pm

Re: Share your net worth progression

Post by sschoe2 »

jabroni wrote: Mon Jan 06, 2020 8:36 am It took until I was 30 to remove my head from my sphincter and start investing.
Don't feel too bad I watched my father invest in stocks when I was a kid and he had an uncanny ability to pick stocks of companies that would go bankrupt. Montana Power, Kaiser Aluminum etc. That and 2008 scared me off the stock market until I was 35. I started with a 401k at the first quality employer I found that actually offered one in my profession and then dumped my savings into to market in 2017, and also started a Roth. Untill then I had $200k in high yield savings.

I went from about
$75k in 2009
$250k in 2012
$677k in 2020 today according to Personal Capital

Mostly from being very frugal and having a high rate of savings.
alfaspider
Posts: 3341
Joined: Wed Sep 09, 2015 4:44 pm

Re: Share your networth progression

Post by alfaspider »

alfaspider wrote: Sun Dec 30, 2018 9:13 am
alfaspider wrote: Fri Dec 29, 2017 11:21 pm
alfaspider wrote: Fri Dec 04, 2015 10:58 am This is a neat excuse to go through the exercise. I will just go through the last 10 years with annotations for life events. All amounts are year-end household net worth estimates with full value given to 401k accounts and inclusive of estimated home equity.

2005: $5,000 (in undergraduate)
2006: $10,000 (first job, low paying)
2007: 0 (started law school)
2008: -$20,000
2009: -$40,000
2010: -$65,000 (graduated & married)
2011: -$65,000 (spouse starts law school)
2012: -$40,000
2013: 0 (purchased home)
2014: $150,000 (massive home appreciation confirmed by refi appraisal, spouse starts job)
2015: $300,000 (student loans paid in full)
2016: $580,000

Bumping for YE 2017: $860,000. Hoping for 2 commas in 2018 :D
YE 2018: 1,030,000 (barring major market moves on Monday). This will be the first year that my year end net worth was significantly below my peak ($120k north of current). A bit disappointing, but I’m very satisfied given the lackluster market. I suppose I now have some tax losses to look forward to using in April to lessen the sting of my customary “reverse refund” :happy
YE 2019: ~1.3MM. This year's calculation is a bit difficult because I currently own two houses while one is on the market. I've also put $100k into renovations on the new house, which makes it more difficult to value. However, I am conservatively estimating the value of the new house by valuing it at purchase price with no value add for renovations. Home equity is currently $350k of that net worth number ($150k in house that is for sale).

Despite the $300k net worth rise, I would rate this as a bit of a bad year for net worth increase as the house move significantly reduced the appreciation that could have happened. Still, I can't complain about our overall situation and trajectory :happy It's amazing looking back at this and seeing that we had a negative net worth of $65k a decade ago. I don't think I would have believed someone who told me I'd be a millionaire 10 years from graduation.
mimn15
Posts: 22
Joined: Tue Sep 25, 2018 6:38 am

Re: Share your net worth progression

Post by mimn15 »

4a757374696e wrote: Sat Jan 04, 2020 4:01 pm This is an amazing thread. It convinced me to create a spreadsheet for myself. Here are the totals:

Year | Age | Net Worth
----------------------
2013 | 18 | $72.81
2014 | 19 | $3,877.62
2015 | 20 | $17,197.16
2016 | 21 | $38,825.93
2017 | 22 | $76,546.57
2018 | 23 | $143,118.42
2019 | 24 | $161,576.40
2020 | 25 | $283,392.29

I'm a single guy living in a MCOL city. I graduated at the end of 2016 (computer science). I was extremely fortunate to have a year-round internship during college. The majority of my net-worth (90%) is in retirement; this has been a blessing and a curse. I'm really enjoying my career and am excited for the future. My current gross income is about $120k. I live pretty frugally, but I've definitely splurged here and there, mostly food & beer :)
You are doing great, saving early has a huge effect. Here is an image from Vanguard (https://investor.vanguard.com/retiremen ... n-to-start) showing the effect:
Image
Dude5568
Posts: 27
Joined: Thu Apr 28, 2016 2:46 pm

Re: Share your net worth progression

Post by Dude5568 »

September , 2015 - 75 k NW ( age 30 )

January , 2020 - 1075 k NW ( age 34 ). Both me and DW graduated residency in June 2016 and working since then . Had a baby September , 2018 so wife stopped working for a while after that. No debt.

Missed the bull run in 2019 because was piling up cash for a house purchase :( ( hopefully by summer , 2020 ).
ForeverInvestorILL
Posts: 180
Joined: Mon Feb 29, 2016 11:48 pm

Re: Share your net worth progression

Post by ForeverInvestorILL »

ForeverInvestorILL wrote: Sat Jan 05, 2019 9:57 am Joined the forum in February 2017 and after a few months of reading, digesting, and figuring out a plan, started to track my net worth on a monthly basis (always update on the 5th of each month). I find this thread extremely motivating and it's very exciting to see my progress over the last 18 months:

Age -- Date -- Net Worth
23.5 -- 07/05/2017 -- $47,464
24 -- 01/05/2018 -- $67,471
25 -- 01/05/2019 -- $109,919
Updating

26 - - 01/05/2020 - - $187,449
4a757374696e
Posts: 72
Joined: Thu Sep 29, 2016 11:38 pm
Location: Austin, TX

Re: Share your net worth progression

Post by 4a757374696e »

mimn15 wrote: Mon Jan 06, 2020 10:30 am
4a757374696e wrote: Sat Jan 04, 2020 4:01 pm This is an amazing thread. It convinced me to create a spreadsheet for myself. Here are the totals:

Year | Age | Net Worth
----------------------
2013 | 18 | $72.81
2014 | 19 | $3,877.62
2015 | 20 | $17,197.16
2016 | 21 | $38,825.93
2017 | 22 | $76,546.57
2018 | 23 | $143,118.42
2019 | 24 | $161,576.40
2020 | 25 | $283,392.29

I'm a single guy living in a MCOL city. I graduated at the end of 2016 (computer science). I was extremely fortunate to have a year-round internship during college. The majority of my net-worth (90%) is in retirement; this has been a blessing and a curse. I'm really enjoying my career and am excited for the future. My current gross income is about $120k. I live pretty frugally, but I've definitely splurged here and there, mostly food & beer :)
You are doing great, saving early has a huge effect. Here is an image from Vanguard (https://investor.vanguard.com/retiremen ... n-to-start) showing the effect:
Image
Thank you! I’ll try to keep it up.
Don't do anything tomorrow that can be done today
slyboots
Posts: 22
Joined: Sat Dec 03, 2016 5:37 am

Re: Share your net worth progression

Post by slyboots »

Year-end:
2003 - $20k - 29 yo in VHCOL city. Record-keeping imprecise at this point before I got Quicken
2004 - $186k - high paying job
2005 - $355k
2006 - $511k
2007- $576k - new job but it didn't go so well
2008 - $501k - ouch. Also got laid off
2009 - $557k - all-in on equities. This was a good move
2010 - $664k - career change
2011 - $810k
2012 - $1223k - new career starts going well
2013 - $1604k
2014 - $2056k
2015 - $2583k
2016 - $2917k
2017 - $3316k
2018 - $3169k - market pullback plus wrote down some real estate investments
2019 - $3626k - 45 yo living in a different HCOL city
Detroittl
Posts: 98
Joined: Wed Jun 10, 2015 12:12 am

Re: Share your net worth progression

Post by Detroittl »

2004 -5k ...
2007 zero ...
2009 zero found Dave Ramsey ...
2010 30k ...
2013 55k bought house...
2015 65k found bogleheads...
2016 100k ...
2017 253k...
2018 260k sold house...
2019 350k...
Last edited by Detroittl on Sun Jan 03, 2021 5:10 pm, edited 1 time in total.
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snackdog
Posts: 978
Joined: Wed Nov 12, 2014 4:57 am

Re: Share your net worth progression

Post by snackdog »

A better question might be - what is the long term CAGR for your net worth (including contributions)? Mine appears to be 26% over a couple decades.
Coude
Posts: 3
Joined: Sun Jun 02, 2019 9:14 pm

Re: Share your net worth progression

Post by Coude »

Year | Age | Net Worth
----------------------
2015 | 31 | $ (568,422.16)
2016 | 32 | $ (268,112.23)
2017 | 33 | $ (58,655.76)
2018 | 34 | $ 366,842.25
2019 | 35 | $ 817,855.58
2020 | 36 | $ 1,239,722.74

Graduated medical school in 2010, residency in 2015 with >$550k student loans. Aggressively paid them off, have been saving and enjoyed positive market returns
Jimsad
Posts: 269
Joined: Mon Mar 20, 2017 5:54 pm

Re: Share your net worth progression

Post by Jimsad »

Coude wrote: Tue Jan 07, 2020 5:52 pm Year | Age | Net Worth
----------------------
2015 | 31 | $ (568,422.16)
2016 | 32 | $ (268,112.23)
2017 | 33 | $ (58,655.76)
2018 | 34 | $ 366,842.25
2019 | 35 | $ 817,855.58
2020 | 36 | $ 1,239,722.74

Graduated medical school in 2010, residency in 2015 with >$550k student loans. Aggressively paid them off, have been saving and enjoyed positive market returns
Wow! Great job! You must have high income but still very impressive !
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mindgap
Posts: 187
Joined: Sun Nov 18, 2018 1:24 pm

Re: Share your net worth progression

Post by mindgap »

Happy to share my progress and goal for this year to keep me motivated.

Year | Net Worth
----------------------
Jan 2018 | - $ 5k
Jan 2019 | $ 0 (Found DR and Bogelheads)
Jan 2020 | $ 17k

Aiming for NW $50k until the end of 2020.
Aiming for NW $100k until the end of 2021.
User avatar
luminous
Posts: 307
Joined: Sat Dec 30, 2017 10:28 pm

Re: Share your net worth progression

Post by luminous »

snackdog wrote: Tue Jan 07, 2020 5:03 pm A better question might be - what is the long term CAGR for your net worth (including contributions)? Mine appears to be 26% over a couple decades.
Nice. I am 32.18% over 12 years.
50/20/30 US stock/international stock/bonds. Hope to semi-retire in 2022.
thefireguy
Posts: 36
Joined: Tue Jul 29, 2014 12:34 am
Contact:

Re: Share your net worth progression

Post by thefireguy »

Love this thread! Motivated to keep going and stay on track! :sharebeer

We are a married family with 2 little ones and our ages no longer start with a "2" :wink:

2011: $10K
2012: $55K
2013: $110K
2014: $145K
2015: $187K
2016: $265K
2017: $370K
2018: $398K
2019: $515K
User avatar
snackdog
Posts: 978
Joined: Wed Nov 12, 2014 4:57 am

Re: Share your net worth progression

Post by snackdog »

luminous wrote: Tue Jan 07, 2020 10:06 pm
snackdog wrote: Tue Jan 07, 2020 5:03 pm A better question might be - what is the long term CAGR for your net worth (including contributions)? Mine appears to be 26% over a couple decades.
Nice. I am 32.18% over 12 years.
Doubling every two years or so; not bad.

<Note: Excel CAGR function: =RRI(years elapsed, start amount, finish amount). E.g. RRI(8,10,515)=64%>

Some updated stats from the last couple years of entries on this thread. Didn't capture all of them. ->
CAGR vs years saving
Image

CAGR binned by years saving
Image
Soon2BXProgrammer
Posts: 1758
Joined: Mon Nov 24, 2014 11:30 pm

Re: Share your net worth progression

Post by Soon2BXProgrammer »

Dude5568 wrote: Sun Jan 05, 2020 1:14 pm
Soon2BXProgrammer wrote: Wed Jan 01, 2020 10:18 am Updated. With a high savings rate and this incredible bull market, I'm flabberghasted by the growth rate of our NW.
Soon2BXProgrammer wrote: Wed Dec 06, 2017 7:37 pm these are the ends of the year, and include all assets/liabilities. including house
Year - NW - Base Salary - Comments
2006 - Approximately 0 - 56k - First real job after military.
2007 - ????? - 59k - Bought House
2008 - ????? - 83k
2009 - ????? - 87k
2010 - ????? - 101k
2011 - ????? - 106k
2012 - ????? - 112k
2013 - 672k - 116k - House paid off
2014 - 818k - 122k
2015 - 931k - 138k
2016 - 1128k - 142k
2017 - 1424k - 147k
2018 - 1521k - 153k
2019 - 1905k - 158k
Wow ! , how have you managed to increase your NW almost 1 million in 4 years ? That is amazing indeed .
We spend between $40k-$50k a year, and I probably had between 0k-30k of bonus income in each of those years, so.. We have been savings $100k+ a year the last few years, that compounded with market growth, has compounded hugely. I hadn't looked at it from your lens, it is pretty amazing when you look from 2015-2019.

Basically, we live like we lived when we bought our house. This is allowing me to quit my job and pursue "purpose, mastery, and autonomy". I can't wait to get started on the next step of my journey.
DataFientist
Posts: 3
Joined: Tue Jan 30, 2018 11:00 am

Re: Share your net worth progression

Post by DataFientist »

Graduated college with student loans, $200 in my bank account, and a consultant job. I had always been interested in personal finance and tracked my budget with YNAB. Proud of my (small) progress so far.

2017: -30k — Graduated w/ student loans
2018: -11k — Changed jobs. Salary went from 60k to 105k
2019: 24k — Positive net worth! Maxed out 401k and IRA
bovineplane
Posts: 149
Joined: Wed Jul 26, 2017 5:24 am

Re: Share your net worth progression

Post by bovineplane »

Age 41/46 two kids. Bought quicken with turbo tax this year. Never calculated net worth before. Don't have much progression to offer yet. The below includes all assets, debt, etc including mortgage. Retired from the military last month, value of pension not included in net worth.

Last 7 years our HHI has increased from $90k to $180k. Wife is a federal employee and will also have a pension. All retirement assets primarily in TSP with some in Roth IRA. 401k started this year with my new contract position. We save a combined +/-25% for retirement annually.

31 Dec 2019: 504k ($40k home equity)

Hope to update annually.
investingdad
Posts: 1838
Joined: Fri Mar 15, 2013 10:41 pm

Re: Share your net worth progression

Post by investingdad »

slyboots wrote: Mon Jan 06, 2020 9:02 pm Year-end:
2003 - $20k - 29 yo in VHCOL city. Record-keeping imprecise at this point before I got Quicken
2004 - $186k - high paying job
2005 - $355k
2006 - $511k
2007- $576k - new job but it didn't go so well
2008 - $501k - ouch. Also got laid off
2009 - $557k - all-in on equities. This was a good move
2010 - $664k - career change
2011 - $810k
2012 - $1223k - new career starts going well
2013 - $1604k
2014 - $2056k
2015 - $2583k
2016 - $2917k
2017 - $3316k
2018 - $3169k - market pullback plus wrote down some real estate investments
2019 - $3626k - 45 yo living in a different HCOL city
We are one year older than you and are track is nearly identical, you are a few hundred k in front of us. Are you the sole earner? If so, you must be pulling in 200k+ by age 30 or so to make this work, or else your investments were trending a bit higher than market average. We are combined income over 250k.

I'm not questioning your numbers, I'm just curious about your path since it is freaky similar to us.
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dziuniek
Posts: 1102
Joined: Mon Jul 23, 2012 2:54 pm
Location: C0rrupticut

Re: Share your net worth progression

Post by dziuniek »

dziuniek wrote: Tue Jan 01, 2019 7:16 pm Checking in for the annual update:

Age Year Net-Worth
26 2011 $(20,000.00)
27 2012 $(10,000.00)
28 2013 $(40,000.00)
29 2014 $(15,000.00)
30 2015 $26,500.00
31 2016 $94,000.00
32 2017 $147,500.00
33 2018 $182,500.00
34 2019 $248,000.00

Great year for us!
hdlnr2001
Posts: 5
Joined: Mon Apr 17, 2017 9:52 pm

Re: Share your net worth progression

Post by hdlnr2001 »

Appreciate this thread to keep us motivated and on track! A big portion of our increase this year was due to the sale of a home. We're sitting on some of that cash, most of which will be reinvested into our home this year. We are a dual income household with two young kids. Low cost of living city.

Year Age Net worth Household Salary
2008 25 $12,927 $80,799
2009 26 $53,670 $82,799
2010 27 $73,499 $92,151
2011 28 $111,558 $90,236
2012 29 $147,361 $102,400
2013 30 $141,177 $106,067 Sold house at loss
2014 31 $218,935 $109,758
2015 32 $246,448 $147,115
2016 33 $213,314 $170,221 Major adoption expenses
2017 34 $439,508 $185,221 Sold rental house at gain
2018 35 $489,340 $215,873
2019 36 $677,322 $241,532 Sold house at gain, first year maxing out 401ks
slyboots
Posts: 22
Joined: Sat Dec 03, 2016 5:37 am

Re: Share your net worth progression

Post by slyboots »

investingdad wrote: Wed Jan 08, 2020 12:49 pm
slyboots wrote: Mon Jan 06, 2020 9:02 pm Year-end:
2003 - $20k - 29 yo in VHCOL city. Record-keeping imprecise at this point before I got Quicken
2004 - $186k - high paying job
2005 - $355k
2006 - $511k
2007- $576k - new job but it didn't go so well
2008 - $501k - ouch. Also got laid off
2009 - $557k - all-in on equities. This was a good move
2010 - $664k - career change
2011 - $810k
2012 - $1223k - new career starts going well
2013 - $1604k
2014 - $2056k
2015 - $2583k
2016 - $2917k
2017 - $3316k
2018 - $3169k - market pullback plus wrote down some real estate investments
2019 - $3626k - 45 yo living in a different HCOL city
We are one year older than you and are track is nearly identical, you are a few hundred k in front of us. Are you the sole earner? If so, you must be pulling in 200k+ by age 30 or so to make this work, or else your investments were trending a bit higher than market average. We are combined income over 250k.

I'm not questioning your numbers, I'm just curious about your path since it is freaky similar to us.
This is just me. My spouse has a separate set of numbers that are not included here, started out ahead but now about half of where I am.

I have been a high earner throughout my career, consistently earning $200k+,including before age 30, though in HCOL and VHCOL environments. I also spend fairly freely. I suppose I'm not really a great Boglehead as I should have way more saved up than I actually do.
Vihoo
Posts: 78
Joined: Wed Jun 05, 2019 11:48 pm

Re: Share your net worth progression

Post by Vihoo »

Dual income, 1 kid, VHCOL

30 - Dec 2016: -$16k
31 - Dec 2017: $90k
32 - Dec 2018: $178k
33 - Dec 2019: $442k

This year was good to us!
l1am
Posts: 410
Joined: Wed Mar 02, 2016 2:27 pm

Re: Share your net worth progression

Post by l1am »

Single, VHCOL

Image
slalom
Posts: 88
Joined: Mon Dec 25, 2017 4:59 am

Re: Share your net worth progression

Post by slalom »

slalom wrote: Sun Jan 06, 2019 5:26 am
slalom wrote: Thu Jan 04, 2018 7:20 am Single, VHCOL

(These are all EoY and include home equity)

2001 - ~$0 - broke, just graduated college - no loans but wanted to be in the arts
2002 - ~$0 - making enough to get by, zero savings after rent etc
2003 - “
2004 - “
2005 - ~$? - got a job in tech, but it was a small company run by a miserly CEO. No records from back then.
2006 - “
2007 - “
2008 - $12k - raises, better job,, had been putting in 6% to 401k heavy intl risk (still wasn’t much) but lost most of it in the crash
2009 - $70k - finally saving, some Paid OT/bonuses - promptly bought a fancy car like most young idiots
2010 - $77k - took me a while to get back what I spent on the car
2011 - $144k - more raises, really rolling with the saving by this time
2012 - $190k - bought a house near the bottom, which would prove to be the game changer
2013 - $300k - house went up in value hugely, plus lots more saving
2014 - $423k - more of the same
2015 - $507k - a bit of a holding pattern
2016 - $711k - big bonuses regularly, more forced saving/investing, bull market, maxing 401k
2017 - $879k - “

Hoping to hit $1m this year, a bit late at age 38 but I’m single (well, unmarried) which doesn’t help. Potential wife is kind of spendy.
2018 - $952k - My tech heavy portfolio got killed this year. Also lost some home value as market here softened. I only am as high as this because of a crazy amount of saving and deposits into investments. At some point it was $1080k. Staying at the $1 MM mark still seems unattainable.
2019 - $1.24 MM - hit the big 4-0 this year (age) - just like most others, the market helped a lot, as did two separate 50% ESPP profit trades
BanquetBeer
Posts: 494
Joined: Thu Jul 13, 2017 5:57 pm

Re: Share your net worth progression

Post by BanquetBeer »

I have to keep reminding myself that the numbers growth are from gross actual investment returns (+savings) I was getting a little depressed comparing the numbers to my planning projections with 5.5% returns before I made that realization.
investingdad
Posts: 1838
Joined: Fri Mar 15, 2013 10:41 pm

Re: Share your net worth progression

Post by investingdad »

slyboots wrote: Thu Jan 09, 2020 9:10 pm
investingdad wrote: Wed Jan 08, 2020 12:49 pm
slyboots wrote: Mon Jan 06, 2020 9:02 pm Year-end:
2003 - $20k - 29 yo in VHCOL city. Record-keeping imprecise at this point before I got Quicken
2004 - $186k - high paying job
2005 - $355k
2006 - $511k
2007- $576k - new job but it didn't go so well
2008 - $501k - ouch. Also got laid off
2009 - $557k - all-in on equities. This was a good move
2010 - $664k - career change
2011 - $810k
2012 - $1223k - new career starts going well
2013 - $1604k
2014 - $2056k
2015 - $2583k
2016 - $2917k
2017 - $3316k
2018 - $3169k - market pullback plus wrote down some real estate investments
2019 - $3626k - 45 yo living in a different HCOL city
We are one year older than you and are track is nearly identical, you are a few hundred k in front of us. Are you the sole earner? If so, you must be pulling in 200k+ by age 30 or so to make this work, or else your investments were trending a bit higher than market average. We are combined income over 250k.

I'm not questioning your numbers, I'm just curious about your path since it is freaky similar to us.
This is just me. My spouse has a separate set of numbers that are not included here, started out ahead but now about half of where I am.

I have been a high earner throughout my career, consistently earning $200k+,including before age 30, though in HCOL and VHCOL environments. I also spend fairly freely. I suppose I'm not really a great Boglehead as I should have way more saved up than I actually do.
Well.......I could say the same, have more saved. But we arrived at nearly the same point with reasonable spending. We have always put away between 20 and 25% of our gross regardless of what we earn. As we now earn between 250 and 300 depending on bonus, it means we spend more. We are not living a luxury lifestyle, but at the same time we don't really track or worry about spending. I know how much I invest yearly and am hitting goals.

Some enjoyment should be derived from what you earn, otherwise what's the point?
systex
Posts: 2
Joined: Fri Jan 10, 2020 10:18 am

Re: Share your net worth progression

Post by systex »

This thread is simultaneously inspiring and depressing. Here's my wife and my NW progression:

12/31/11 25,600 (age 23)
12/31/12 104,901
12/31/13 178,090
12/31/14 218,230
12/31/15 261,348
12/31/16 335,844
12/31/17 391,368
12/31/18 383,810
12/31/19 541,804 (age 31)
okayplayer
Posts: 7
Joined: Sat Feb 24, 2018 7:26 pm

Re: Share your net worth progression

Post by okayplayer »

Year | Age | Net Worth
----------------------
12/2014 | 30 | -$638,000
12/2015 | 31 | -$382,000
12/2016 | 32 | -$178,000
12/2017 | 33 | $111,000
12/2018 | 34 | $452,000
12/2019 | 35 | $824,000
madbrain
Posts: 5583
Joined: Thu Jun 09, 2011 5:06 pm
Location: San Jose, California

Re: Share your net worth progression

Post by madbrain »

Revisiting this thread again. Looks like my previous post became pretty useless because the imgurl got deleted.

Here is what Quicken currently tells me since my records start in 2007 . The numbers are for 12/31 of each year.
2007 : $689k
2008 : $522K
2009 : $620k
2010 : $651k
2011 : $1070k (inheritance)
2012 : $1359k
2013 : $1540k
2014 : $1650k
2015 : $1666k
2016 : $1875k
2017 : $2099k
2018 : $2090k
2019 : $3002k (+$600k in paper home value; mortgage payoff) . Age 43.

The total includes both my portfolio and my estimated home value, which is only estimated and which I seldom adjust - but I did finally make a big adjustment of its paper value last year, hence the jump in NW by $900k in a single year. I took the lowest of 10 online home value estimators at $1.5M. The top estimator puts it at about $1.9M.

At this point, I'm completely debt-free, and my portfolio is about half my net worth, with the home being the other half, at $1.5M each.
Spending last year excluding payroll & income taxes was about $110k and I expect it to go down this year a little bit. So we have about 13.6x annual expenses saved up. This is still well short of what's needed for retirement if we want to maintain the same standard of living in a McMansion in the bay area. I expect it will take between 6-12 more years of work, on top of the 25 I have already put in, depending on whether my income can go up some more, and market gyrations.
Olemiss540
Posts: 1630
Joined: Fri Aug 18, 2017 8:46 pm

Re: Share your net worth progression

Post by Olemiss540 »

systex wrote: Fri Jan 10, 2020 10:23 am This thread is simultaneously inspiring and depressing. Here's my wife and my NW progression:

12/31/11 25,600 (age 23)
12/31/12 104,901
12/31/13 178,090
12/31/14 218,230
12/31/15 261,348
12/31/16 335,844
12/31/17 391,368
12/31/18 383,810
12/31/19 541,804 (age 31)
Depressing? You are a half millionaire at age 31. Guessing you are in the top 2-3% by age in the US and top .1% by age in the world. Congrats! You are one making this thread depressing for others lol.
I hold index funds because I do not overestimate my ability to pick stocks OR stock pickers.
cusetownusa
Posts: 502
Joined: Thu Mar 27, 2014 9:54 am

Re: Share your net worth progression

Post by cusetownusa »

systex wrote: Fri Jan 10, 2020 10:23 am This thread is simultaneously inspiring and depressing. Here's my wife and my NW progression:

12/31/11 25,600 (age 23)
12/31/12 104,901
12/31/13 178,090
12/31/14 218,230
12/31/15 261,348
12/31/16 335,844
12/31/17 391,368
12/31/18 383,810
12/31/19 541,804 (age 31)
Nice job, half a million by age 31 is impressive. I just made it into positive territory at that age.
l1am
Posts: 410
Joined: Wed Mar 02, 2016 2:27 pm

Re: Share your net worth progression

Post by l1am »

Olemiss540 wrote: Sat Jan 11, 2020 8:34 am Depressing? You are a half millionaire at age 31. Guessing you are in the top 2-3% by age in the US and top .1% by age in the world. Congrats! You are one making this thread depressing for others lol.
This place has such bizarre standards.
beehivehave
Posts: 466
Joined: Thu Aug 08, 2019 1:21 pm

Re: Share your net worth progression

Post by beehivehave »

Maybe this thread helps understand and rate advice doled out by individual posters.
Otherwise, who cares?
scientist_87
Posts: 16
Joined: Sun Jun 23, 2019 1:13 pm

Re: Share your net worth progression

Post by scientist_87 »

After going through my old stuff, I was able to get my net worth for past years. All net worths are for Dec 31.
2016: 141k
2017: 266k
2018: 407k
2019: 536k
SouthernFIRE
Posts: 114
Joined: Tue Jul 10, 2018 1:24 pm

Re: Share your net worth progression

Post by SouthernFIRE »

I’ll play. 2008-2012 are rough estimates. Net worth skewed by outlier income years in last two years (not repeatable). Looking back, did poorly on the saving/investing front in early career. Spent too much; didn’t maximize use of tax preferred vehicles; made all the standard behaviorial mistakes.Bailed out by income luck, but BH foundation is in place now.

Year NW HH Income
2008 (100,000) 90,000 graduated law school
2009 (75,000) 90,000 buy a house
2010 (50,000) 175,000 got married
2011 (25,000) 220,000 new job at larger firm
2012 50,000 210,000
2013 120,000 240,000 new job at small firm; kid #1 born
2014 175,000 270,000
2015 350,000 260,000
2016 650,000 250,000 partner in new law firm; kid #2 born
2017 850,000 350,000
2018 1.6 mil 1.3 mil
2019 3.6 mil 2.8 mil
jsh84
Posts: 100
Joined: Thu May 15, 2014 9:32 am

Re: Share your net worth progression

Post by jsh84 »

I regret not keeping better track over the years, but I didn't really discover personal finance or the BH way until 2014. These numbers are for me and my spouse combined. I've had to guesstimate a few of the early years for NW and income as I don't have much from Mint or PC until about 2010ish.

Date | NW | Household Income

12/31/2006 | $50,000 | $30,000 --- Graduated with 1st degree. Total guess on NW and Income.
12/31/2007 | $75,000 | $38,200 --- Married, moved states. Guess on NW
12/31/2008 | $125,000 | $30,500 --- Spouse started new job. Guess on NW
12/31/2009 | $155,000 | $38,200 --- Bought first house, then lost job. Guess on NW
12/31/2010 | $180,000 | $65,500 --- Began low paying job
12/31/2011 | $188,302 | $76,000 --- Began online 2nd degree
12/31/2012 | $226,500 | $108,375 --- a rare year with no major changes?
12/31/2013 | $260,000 | $105,500 --- 1st child born, graduated with 2nd degree
12/31/2014 | $288,000 | $112,000 --- Began work at current company, discovered BH and began personal finance revelation
12/31/2015 | $317,000 | $168,500 --- moved into a new house, had 2nd child
12/31/2016 | $473,000 | $277,500 --- promotion at work, spouse has best year ever
12/31/2017 | $644,500 | $231,165 --- significant health challenges begin in personal life
12/31/2018 | $710,500 | $209,000 --- promotion at work, spouse leaves job
12/31/2019 | $892,000 | $146,500 --- spouse begins different job

Looking back on it, its pretty clear how we have benefited in many ways. We have great families who set us up with debt free educations and other various assistance throughout the years. We live in what I would call a medium to low cost of living city, which has helped with housing. Of course the tremendous bull run helped a ton (30%ish in 2019??).

Despite the headwinds, with 2 kinds in daycare/pre-school/private school, life is very expensive. If we had done things differently, who knows perhaps we would have a higher NW. But, we could also have not learned about personal finance and be far worse off. I think in our mid 30s, we are probably far ahead of our peers, and most people we know would be shocked to know we will possibly cross into 7 figures this year. If we have a 15%-20% NW growth, which would be consistent for the last 10 years, we will hit 1M in 2020. The funny thing about that to me is that it will change literally nothing about my life. If you had told me 15 years ago that I would be a millionaire (technically) in my mid 30s, i'd have thought that was insane. But its just a number. I attribute this success to blessing and fortune, hard work, timing, luck, and passivity.
Beaker12
Posts: 21
Joined: Tue Aug 20, 2019 12:08 pm

Re: Share your net worth progression

Post by Beaker12 »

Here are our figures. Wish I had noted down the figures from earlier years from Mint before I removed the investment accounts from it. Update: Followed the post below's advice and found a few more years in the Mint emails. It took 20 years of saving to reach the 1 million mark.

These figures are Jan 1 for each year.

Year | Age | Net Worth
2011 | 36 | 460,000
2012 | 37 | 499,000
2013 | 38 | 682,890
2014 | 39 | 681,880
2015 | 40 | 825,000 (Estimated)
2016| 41 | 1,025,000
2017 | 42 | 1,190,000
2018 | 43| 1,405,000
2019 | 44 | 1,602,000
2020 | 45 | 1,978,000
Last edited by Beaker12 on Sun Jan 12, 2020 7:21 pm, edited 1 time in total.
seymore92
Posts: 174
Joined: Sun Nov 27, 2016 9:16 am

Re: Share your net worth progression

Post by seymore92 »

Beaker12 wrote: Sun Jan 12, 2020 9:55 am Here are our figures. Wish I had noted down the figures from earlier years from Mint before I removed the investment accounts from it. It took 20 years of saving to reach the 1 million mark.

These figures are Jan 1 for each year.

Year | Age | Net Worth
2016| 41 | 1,025,000
2017 | 42 | 1,190,000
2018 | 43| 1,405,000
2019 | 44 | 1,602,000
2020 | 45 | 1,978,000
I found some old mint numbers for me in my email as mint emailed me weekly summaries. Maybe you have those too
Beaker12
Posts: 21
Joined: Tue Aug 20, 2019 12:08 pm

Re: Share your net worth progression

Post by Beaker12 »

That is a great idea Seymore92! I will definitely check. Thanks for the suggestion.
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