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
Soon2BXProgrammer
Posts: 314
Joined: Mon Nov 24, 2014 11:30 pm

Re: Share your net worth progression

Post by Soon2BXProgrammer » 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 - 1403k - 147k -- ** November 2017

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jadd806
Posts: 120
Joined: Mon Aug 17, 2015 4:34 pm
Location: New England

Re: Share your net worth progression

Post by jadd806 » Wed Dec 06, 2017 8:47 pm

Image

This is my progression since graduating college. Data points are recorded the last day of every month.

Silverado
Posts: 112
Joined: Fri Oct 18, 2013 6:07 pm

Re: Share your story of how you got wealthy

Post by Silverado » Wed Dec 06, 2017 9:08 pm

Thesaints wrote:
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.
Been discussed many times, it's a personal thing. Only wrong to you.

Don't get your other comment about 4).

uwbadgers
Posts: 46
Joined: Mon Aug 25, 2014 3:36 pm

Re: Share your net worth progression

Post by uwbadgers » Thu Dec 07, 2017 12:28 pm

2013---227k Kid 1, bought house 1
2014---302k
2015---411k Kid 2
2016---546k
2017---702k sold house 1 (large profit), bought house 2

CFOKevin
Posts: 80
Joined: Sat Jan 04, 2014 4:07 pm

Re: Share your net worth progression

Post by CFOKevin » Thu Dec 07, 2017 5:16 pm

I've always been a record keeper on this stuff and it is great to have a place to share. The rest of the story is (most often) two earners, four kids including one with special needs, an inclination toward saving, investing in equities and staying the course.

1990 $57K age 29
1991 $94K
1992 $141K
1993 $258K
1994 $259K
1995 $345K
1996 $526K
1997 $688K
1998 $847K
1999 $1,132K
2000 $1,050K
2001 $1,001K
2002 $965K
2003 $1,099K
2004 $1,117K
2005 $1,062K
2006 $1,176K
2007 $1,242K
2008 $931K
2009 $1,133K
2010 $1,333K
2011 $1,307K
2012 $1,545K
2013 $1,908K
2014 $2,109K
2015 $2,241K
2016 $2,539K
now $3,015K age 56

Cheers,

Kevin

Cramwich
Posts: 1
Joined: Thu Nov 30, 2017 1:52 pm

Re: Share your net worth progression

Post by Cramwich » Fri Dec 08, 2017 9:44 am

I've enjoyed reading this thread, so I'll share mine as well.
Wife and I were not smart about money early on, had to work out from the hole of student debt, but two big promotions for me, each 2x, really helped out our finances.
Values at the end of each year with events/comments:
2006 - -130000 wife and I graduate with post-bac degrees and about 120000 combined in student loans
2008 - -73000 -bought house1
2009 - -18000 - started paying attention to finances
2010 - -11000 - paid off credit cards, paid off since, big promotion#1
2011 - 37000 - Yeah, positive!, Kid 1 born, bought new car
2012 - 123000 - Kid 2 born
2013 - 272000 - big promotion #2
2014 - 367000 - sold house1 at loss, bought house 2
2015 - 519000 - paid off car loan,
2016 - 673000
2017 - 925000? - paid off student loans, only mortgage left, waiting for 2017 bonus
2018 - 2 comma club?

dspencer
Posts: 124
Joined: Wed Jul 06, 2016 11:29 am

Re: Share your net worth progression

Post by dspencer » Fri Dec 08, 2017 10:04 am

CFOKevin wrote:
Thu Dec 07, 2017 5:16 pm
I've always been a record keeper on this stuff and it is great to have a place to share. The rest of the story is (most often) two earners, four kids including one with special needs, an inclination toward saving, investing in equities and staying the course.

1990 $57K age 29
1991 $94K
1992 $141K
1993 $258K
1994 $259K
1995 $345K
1996 $526K
1997 $688K
1998 $847K
1999 $1,132K
2000 $1,050K
2001 $1,001K
2002 $965K
2003 $1,099K
2004 $1,117K
2005 $1,062K
2006 $1,176K
2007 $1,242K
2008 $931K
2009 $1,133K
2010 $1,333K
2011 $1,307K
2012 $1,545K
2013 $1,908K
2014 $2,109K
2015 $2,241K
2016 $2,539K
now $3,015K age 56

Cheers,

Kevin
Wow, that's pretty cool to see that long of a history. It's also interesting to see the downturns where you lost money for a few years but have made it all back and then some.

ETCS10
Posts: 7
Joined: Sat Apr 16, 2016 11:38 am

Re: Share your net worth progression

Post by ETCS10 » Fri Dec 08, 2017 12:12 pm

Did not keep records prior to 2012. Spent 2012 figuring out what I had gotten myself into with EDJ. When I switched to Vanguard in 2013 it was 2 ROTH IRA’s and 8 other American Funds, I did convert the Traditional to ROTH the 1st year ROTH’s became available. Made may mistakes over the years, in addition to being advised to open multiple MF’s that had serious overlap and high fees I listened to the EDJ Rep and did not start contributing to TSP when it 1st came out. Started TSP in 2011 and only had 4 years to contribute to it, missed out on 10 years because I was too lazy to educate myself.

All values are taken 1st week of Oct
1994: $4k, opened IRA's with reenlistment bonus
2012: $194k
2013: $274k
2014: $341k
2015: $356k, Retired E8 from military 28 years. Working IT at a Small Community College to continue building retirement accounts.
2016: $432k
2017: $510k

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