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: 380
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: 159
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: 136
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: 49
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: 83
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: 4
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: 131
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
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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

Stick5vw
Posts: 17
Joined: Sun Dec 18, 2016 6:46 am

Re: Share your net worth progression

Post by Stick5vw » Fri Dec 29, 2017 5:18 pm

I've cobbled together the series below from a few different accounts, and includes non taxable retirement accounts, taxable brokerage accounts, down payment savings, our emergency fund, and 529. We can quibble whether the 529 should be included but it only applies to 2017 and is very small.

Jan 2009: -$32k
Jan 2010: $75k
Feb 2011: $204k
Jan 2012: $189k (not sure why this is lower tbh!)
April 2013: $332k
Dec 2013: $377k
June 2014: $475k
May 2015: $560k
Dec 2015: $600k
Dec 2016: $805k
Dec 2017: $1.1m

Looking at this progression, I'm grateful for a few promotions & compensation increases along the way, and some heavy savings (particularly in the last 3 years) that has been greatly aided by strong market growth. It's amazing to see how LBYM and how pumping in $ used to pay off student loans (which were finished by the end of 2013) can make a difference!

The tally surely could have been higher by about 5% (back of the envelope estimate) if not for a few boneheaded investment mistakes (some out of my control!) but hopefully that is behind me now.

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5th_Dimension
Posts: 63
Joined: Mon Jul 11, 2016 1:05 am

Re: Share your net worth progression

Post by 5th_Dimension » Fri Dec 29, 2017 7:17 pm

I've been waiting for the end of the year to post mine. I don't expect anything will change much in the next couple of days :happy

2001 -$44,000
2002 -$41,000
2003 -$33,000
2004 -$25,000
2005 -$23,000
2006 -$12,000
2007 -$9,000
2008 $20,000
2009 $30,000
2010 $42,000
2011 $54,000
2012 $86,000
2013 $186,000
2014 $232,000
2015 $272,000
2016 $320,000
2017 $437,000

I started getting my financial situation under control in 2001 at age 42. It is NEVER too late to start getting smart about money.
"I could totally afford all this cheese"

johnbarry
Posts: 20
Joined: Sun Dec 17, 2017 9:01 pm

Re: Share your net worth progression

Post by johnbarry » Fri Dec 29, 2017 10:58 pm

2012 $13,655 - In grad school, living with DW on stipend
2013 $24,563
2014 $39,950 - DW got a job!
2015 $64,022
2016 $113,683 - Graduated and got a job, DW quit, first child
2017 $234,850 - Purchased a house and car, started thinking about retirement and discovered BH

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BogleMelon
Posts: 993
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Re: Share your net worth progression

Post by BogleMelon » Fri Dec 29, 2017 11:08 pm

Am I doing good? :happy

Image
"One of the funny things about stock market, every time one is buying another is selling, and both think they are astute" - William Feather

corgimom11
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Joined: Fri Jul 03, 2015 8:46 pm

Re: Share your net worth progression

Post by corgimom11 » Fri Dec 29, 2017 11:19 pm

Update for EOY 2017:

2013 NW: -$15K - 25 years old
2014 NW: $80K <- started new position in software sales. Doubled my income in one year. Bought house. 26 years old
2015 NW: $150K - 27 years old. Started 401K contributions as soon as company had available.
2016 NW: $260K - 28 years old.
2017 NW: $484K - 29 years old.

Will hit the elusive $500K here on the 15th of January, once I receive my year-end commissions and bonuses ($52K pre-tax). Not going to lie, I am really, really excited because a stretch goal I had was to reach the $500K by the time I turn 30.
Last edited by corgimom11 on Fri Dec 29, 2017 11:21 pm, edited 1 time in total.

alfaspider
Posts: 1107
Joined: Wed Sep 09, 2015 4:44 pm

Re: Share your networth progression

Post by alfaspider » 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
Last edited by alfaspider on Sat Dec 30, 2017 9:34 am, edited 1 time in total.

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tuningfork
Posts: 292
Joined: Wed Oct 30, 2013 8:30 pm

Re: Share your net worth progression

Post by tuningfork » Sat Dec 30, 2017 12:35 am

I've been keeping detailed financial records since the early 90's.

I calculate "net worth" as the sum of all my banking and investment accounts, minus credit card debt. I don't have accurate house or car values historically so I don't include them in my historical "net worth". Neither do I include mortgage or car loan liabilities. Those were paid off long ago anyway so they no longer matter.

So here are some cherry-picked "net worth" values, starting with some guesses prior to 1993.

1980: $250 (fresh out of college)
1985: $20K
1993: $170K (first reasonably accurate measure)
1998: $500K (first major milestone!)
2000: $812K (peak before the tech crash)
2001: $327K (oops, I had too much in my company stock)
2001: $600K (fairly quick recovery as my company stock rebounded)
2005: $1M (2 comma club for the first time)
2007: $1.7M (peak before the great recession)
2009: $983K (bottom, what a ride!)
2009: $1M (rejoined the 2 comma club)
2012: $2M (another meaningless but joyful milestone)
2013: $3M (retired! net worth assisted by a small inheritance and a pension lump sum)
2017: $4M (earlier this week for the first time!)
2017: $3.996M (closed out the year just shy of $4M)

If I hadn't spent $4K on my hobby last week I would have finished the year just above $4M

herpfinance
Posts: 194
Joined: Tue Nov 18, 2014 4:52 pm
Location: Denmark

Re: Share your net worth progression

Post by herpfinance » Sat Dec 30, 2017 7:57 am

tuningfork wrote:
Sat Dec 30, 2017 12:35 am
2007: $1.7M (peak before the great recession)
2009: $983K (bottom, what a ride!)
2009: $1M (rejoined the 2 comma club)
Yikes! Were you fully invested in equities at the time?

At any rate, very impressive progress!
"The intelligent investor is a realist who sells to optimists and buys from pessimists" - Benjamin Graham

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snackdog
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Re: Share your net worth progression

Post by snackdog » Sat Dec 30, 2017 9:05 am

With about 200 respondents, I plotted up some of the data for your review (at least for those which it was straightforward to understand the entries). I used the starting and ending net worth along with period intervening to calculate average increase per year and to calculate a CAGR.



The CAGR seems to converge to around 20% after 25 years or so. Note that this figure includes anything which contributed to (or subtracted from) your net worth - savings, investment return, real estate appreciation (if included), inheritances/windfalls, etc.



Image



Plotted on log scale, it is interesting that the maximum CAGR drops over time from about 200% to less than 40%. The CAGR floor stays constant around 10%. I highlighted some of the larger ending numbers (>$4 million net worth).



Image



Image
Last edited by snackdog on Wed Jan 03, 2018 12:53 pm, edited 2 times in total.

Small Law Survivor
Posts: 378
Joined: Tue Nov 17, 2015 5:36 pm

Re: Share your net worth progression

Post by Small Law Survivor » Sat Dec 30, 2017 9:23 am

I'm 66 yrs old. I have net worth statements going back many years, but it would be a bit of work to dig them out of the basement to record them. Maybe I'll do that at some point, but not today.

However, I do have on hand net worth as of January 1st of each year from 2013 to present:

2013 - $4,620,000
2014 - 5,066,000
2015 - $5,227,000
2016 - $5,112,000
2017 - $5,419,000
Dec. 31, 2017 - $5,816,000

This is all financial assets plus home equity. Not quite sure how I pulled this off, but the numbers are accurate. For quite a few years my goal was $5MM portfolio and debt-free house. I achieved that this year. Whether I can hang on to it, only time will tell.
Last edited by Small Law Survivor on Sun Dec 31, 2017 9:37 am, edited 1 time in total.

thefireguy
Posts: 34
Joined: Tue Jul 29, 2014 12:34 am
Contact:

Re: Share your net worth progression

Post by thefireguy » Sun Dec 31, 2017 1:20 am

thefireguy wrote:
Wed Dec 07, 2016 12:37 am
Mid 20's - Household income ~ $145K

2011: ~ $10K
2012: ~ $55K (550% growth)
2013: ~ $110K (200% growth)
2014: ~ $145K (32% growth)
2015: ~ $190K (31% growth)
2016: ~ $260K (37% growth)

I'd be really happy if we can keep it growing at a clip @ or above 25%. Going to be tough as our assets continue to grow, but just gotta keep thinkin' up and to the right baby! :arrow:
I guess we are oficially in our late 20’s now :)

2017: - $370K (42% growth)

Great year of growth this year and got a boost from the market being so heavily in equities. Doing some brainstorming lately on what’s the next steps. I’d like to take a stab at buying an investment property in the next few years.

WanderingDoc
Posts: 528
Joined: Sat Aug 05, 2017 8:21 pm

Re: Share your net worth progression

Post by WanderingDoc » Sun Dec 31, 2017 1:55 am

2011: -$180,000 (no school or car debt, but debt from purchase of first property)
2013: $0
2017: +1.1M

I have had a bit of a different experience as most of the posters (I only read page 1). I have never saved or had a budget. I spent roughly 90% of my ~$100K salary in (military) residency. But one thing I did right, was invest in real estate and save that cash flow, and shuttle it to new properties. This enabled me to go from a zero to 7 figure net worth in just over 4 years. Now, I am incredibly grateful and content in life to spend less than 30% of my salary.

[off topic comments deleted by admin alex]
I'm not looking to get rich quick (crypto), I'm not looking to get rich slow (index funds).. I'm looking to get rich, for sure (real estate).

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luminous
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Joined: Sat Dec 30, 2017 10:28 pm

Re: Share your net worth progression

Post by luminous » Sun Dec 31, 2017 1:58 am

I'm in my early 40s, non-working spouse is younger. Single income household with two kids. We have always been renters, so these net worth numbers are all financial assets without home equity.

2007 - $73,389 (got married)
2008 - $124,013
2009 - $211,585 (child 1 born, became a one income family)
2010 - $264,388
2011 - $319,116
2012 - 413,446 (child 2 born)
2013 - $572,428
2014 - $637,628
2015 - $659,731
2016 - $812,277
2017 - $1,004,336

2018 - with both kids now in school maybe spouse will go back to work? time will tell.

monsterid
Posts: 122
Joined: Sat Dec 31, 2016 7:10 pm

Re: Share your net worth progression

Post by monsterid » Sun Dec 31, 2017 2:09 am

arsenalfan wrote:
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.
FIRE bro! Go get a club level season tickets and follow the lads for the away games. That's my dream!

RandomJoe
Posts: 14
Joined: Wed Dec 20, 2017 7:51 pm

Re: Share your net worth progression

Post by RandomJoe » Sun Dec 31, 2017 4:24 am

2014 -$150,000
2015 -$25,000
2016 $167,000
2017 $269,000

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oldzey
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Location: Land of Lincoln

Re: Share your net worth progression

Post by oldzey » Sun Dec 31, 2017 11:43 am

12/31/2014: $70,639
12/31/2015: $104,133
12/31/2016: $152,362
12/31/2017: $211,738
"The broker said the stock was 'poised to move.' Silly me, I thought he meant up." ― Randy Thurman

CWhea1775
Posts: 39
Joined: Thu Jan 28, 2016 3:45 pm

Re: Share your net worth progression

Post by CWhea1775 » Sun Dec 31, 2017 11:57 am

1997 $112,087
2002 $277,833
2005 $445,347
2007 $712,314
2009 $668,436
2012 $1,003,300
2015 $1,279,405
2017 $1,522,385

I am 64 and this is basically the progression since I stopped trying to be smarter than everyone else and instead implemented the Boglehead philosophy. We have been lucky - Two earner couple, good jobs, gross return right at 15% per year (including our own contributions), but we are basically just W-2 income people who paid ourselves first. My only regret is that I am not articulate enough to explain how simple this is to others in my family!

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tuningfork
Posts: 292
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Re: Share your net worth progression

Post by tuningfork » Sun Dec 31, 2017 12:18 pm

herpfinance wrote:
Sat Dec 30, 2017 7:57 am
tuningfork wrote:
Sat Dec 30, 2017 12:35 am
2007: $1.7M (peak before the great recession)
2009: $983K (bottom, what a ride!)
2009: $1M (rejoined the 2 comma club)
Yikes! Were you fully invested in equities at the time?

At any rate, very impressive progress!
My AA at the time was about 90/10. Once the recovery was well underway I rebalanced to 70/30 and begrudgingly pushed my early retirement goal out a few years. Fortunately the recovery was strong enough that I was still able to retire at my originally planned date. When I retired I adjusted my AA to 65/35, where I intend to stay.

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luminous
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Re: Share your net worth progression

Post by luminous » Sun Dec 31, 2017 12:52 pm

snackdog wrote:
Sat Dec 30, 2017 9:05 am
With about 200 respondents, I plotted up some of the data for your review (at least for those which it was straightforward to understand the entries). I used the starting and ending net worth along with period intervening to calculate average increase per year and to calculate a CAGR.
Thanks for this analysis, snackdog! Very interesting.

lostdog
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Re: Share your net worth progression

Post by lostdog » Sun Dec 31, 2017 1:30 pm

12/31/2016-$560K
12/31/2017-$700K
Age:39 and 42

$480k-50/50 U.S./International Equities.
$200K-Home.
$20k-Cars.

Looking forward to hitting $500K in liquidity.
"Time in the market is better than timing the market" -Toons | 60/40 US/International -Vanguard Recommendation

JimmyD
Posts: 709
Joined: Fri Sep 27, 2013 4:03 pm

Re: Share your net worth progression

Post by JimmyD » Sun Dec 31, 2017 1:45 pm

Jan 1 of each year:

2014: -$84,860 Age 31
2015: $27,000 Age 32
2016: $139,818 Age 33
2017: $233,217 Age 34
2018: $358,319 Age 35

Still waiting on a $250,000 student loan debt to be forgiven, five years from now which will be a nice boost. Other than that, just maxing out all tax deferred accounts and not depriving ourselves of the occasional splurge. Recently did some major hobby spending and booked a week in Cancun, but I don't feel bad about it - it keeps us sane as we continue grinding away. Hoping to break the half mil mark a year from now.

Wishing all Bogleheads a happy, healthy, and prosperous 2018!

joeblow
Posts: 75
Joined: Sat Nov 28, 2015 12:17 pm

Re: Share your net worth progression

Post by joeblow » Sun Dec 31, 2017 6:42 pm

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 12/31/05
$80K 12/31/06
$107K 12/31/07
$104K 12/31/08
$162K 12/31/09
$219K 12/31/10
$250K 12/31/11
$320K 12/31/12
$435K 12/31/13
$520K 12/31/14
$595K 12/31/15
$750K 12/31/16
$980K 12/31/17
Updated for 2017.

2pedals
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Re: Share your net worth progression

Post by 2pedals » Sun Dec 31, 2017 6:58 pm

joeblow wrote:
Sun Dec 31, 2017 6:42 pm
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 12/31/05
$80K 12/31/06
$107K 12/31/07
$104K 12/31/08
$162K 12/31/09
$219K 12/31/10
$250K 12/31/11
$320K 12/31/12
$435K 12/31/13
$520K 12/31/14
$595K 12/31/15
$750K 12/31/16
$980K 12/31/17
Updated for 2017.
Looking good :sharebeer

cusetownusa
Posts: 245
Joined: Thu Mar 27, 2014 9:54 am

Re: Share your net worth progression

Post by cusetownusa » Sun Dec 31, 2017 9:39 pm

cusetownusa wrote:
Mon Jun 12, 2017 10:50 am
Notes: Parents did not pay for education, house down payment, wedding, etc. Graduated College 2002 and married 2010. I didn't keep track of NW until I opened a mint account in 2011 and even then I may not have had all the info stored. I also include a conservative calculation/value of a Pension assuming that worked stopped today and started receiving the pension payment at 55...its currently valued at approximately $100,000.


2002: ($40,000) (started off with student loans and a new car :oops: )
2003: Long
2004: Slow
2005: Climb
2006: into
2007: positive
2008: territory and
2009: fuzzy
2010: record keeping
2011: $78,000
2012: $148,000
2013: $337,000
2014: $441,000
2015: $580,000
2016: $723,000
2017: $1,150,000
Updated for year end 2017

desafinado
Posts: 40
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Re: Share your net worth progression

Post by desafinado » Sun Dec 31, 2017 9:44 pm

Year end for each year since I started college.

2013: ~11k
2014: ~13k
2015: ~13k
2016: ~29k
2017: ~42k

darrvao777
Posts: 122
Joined: Wed Sep 10, 2014 1:34 pm

Re: Share your net worth progression

Post by darrvao777 » Sun Dec 31, 2017 10:40 pm

12/31/2016-$2.5M
12/31/2017-$3.15M
Age: 32 and 34

$1.5M-33/33/33 US/International/intermediate term muni bond fund
$500k-Home
$1M-Rental properties
$150k-cars

Looking to reach $2M invested by the end of 2018 hopefully

blackbird
Posts: 24
Joined: Tue Jan 01, 2008 7:39 pm
Location: Texas

Re: Share your net worth progression

Post by blackbird » Sun Dec 31, 2017 10:46 pm

Hi all,

I'm a lurker (love this site), but couldn't resist a post to humble-brag alongside the good company here. It's been a good run the last few years.

($ thousands)
2007 $1,031 <- age 35
2008 $917
2009 $1,351
2010 $1,758
2011 $2,155
2012 $2,866
2013 $3,723
2014 $4,133 <- CFO
2015 $4,451 <- CEO
2016 $5,011
2017 $6,693 <- age 45

(Excludes DAF, $229k at YE '17)

Blackbird

aogut
Posts: 2
Joined: Fri Sep 23, 2016 10:21 am

Re: Share your net worth progression

Post by aogut » Mon Jan 01, 2018 1:37 am

snackdog wrote:
Sat Dec 30, 2017 9:05 am
With about 200 respondents, I plotted up some of the data for your review (at least for those which it was straightforward to understand the entries). I used the starting and ending net worth along with period intervening to calculate average increase per year and to calculate a CAGR.



The CAGR seems to converge to around 20% after 25 years or so. Note that this figure includes anything which contributed to (or subtracted from) your net worth - savings, investment return, real estate appreciation (if included), inheritances/windfalls, etc.



Image



Plotted on log scale, it is interesting that the maximum CAGR drops over time from about 200% to less than 40%. The CAGR floor stays constant around 10%. I highlighted some of the larger ending numbers (>$4 million net worth).



Image
Great chart. Would u be able to have it up on, let say , google sheet? We would like to see the data too. Thanks

googly_moogly
Posts: 21
Joined: Sat Jan 04, 2014 7:25 pm

Re: Share your net worth progression

Post by googly_moogly » Mon Jan 01, 2018 2:09 am

Infrequent poster but I just found this thread... here goes...Jan 1 dates of each except where noted. Includes house, retirement, checking, ... 529s for the kids were included for some years but I recently removed them (forget when). RSUs and options tracked @ expected redemption values (current stock price minus expected taxes). Doesn't include cars but I gotta think they're worth less than $50k. Includes debt, but only debt is primary home mortgage.

2003, $120k (28 yrs old)
2004, $320k
2005, $560k
2006, $749k
2007, $741k
2008, $858k
2009, $683k (employed in tech ... bad year...)
2010, $842k
2011, $968k
2012, $1.22M
2013, $1.46M
2014, $1.96M
2015, $2.53M
2016, $2.33M
2017, $2.41M
2017-12-01, $2.81M (soon to be 43yo)

TRC
Posts: 1860
Joined: Sat Dec 20, 2008 5:38 pm

Re: Share your net worth progression

Post by TRC » Mon Jan 01, 2018 8:44 am

This is a fun one. Started tracking in detail back in 2010:

2010 - 708K . Age 32, owned a house and bought an investment property that year.
2011 - forgot to track
2012 - $1,085,000 - paid off primary residence that year at age 34
2013 - $1,347,000 - moved and sold primary residence that was paid off at a big loss ($150K..ouch). Took out a $100K mortgage to buy a house in a better school system and neighborhood.
2014 - $1,560,000
2015 - $1,809,000 - paid off house (again).
2016 - $1,965,000
2017 - $2,203,000
2018 - $2,531,000

Right now at age 40, here's the approximate breakdown:
- Total Retirement Assets & Cash - $1,387,872
- College money for 2 kids - $248,864
- Home Equity - $600,000 in primary residence (paid off) and $295,000 in an investment property

Only debt is $135,000 on the investment property which should be paid off in 8 years. We've been debating on selling the investment property and moving that money to our Taxable Investment account. We'll see if that happens this year.

The interesting thing is that this year we contributed the least to our taxable investment account, yet we had the most growth compared to any prior years. Goes to show the power of compounding interest!

frugalecon
Posts: 242
Joined: Fri Dec 05, 2014 12:39 pm

Re: Share your net worth progression

Post by frugalecon » Mon Jan 01, 2018 8:53 am

Without posting exact numbers, I will just note that at this point in my investing life (early mid 50s), my net worth changes are largely driven by market returns, and only marginally affected by contributions. For the next year, our savings plan has us contributing only 3.6% of the current portfolio value in new money, despite being fairly good savers. The 401k and IRA “catch-up” amounts are so tiny as to be immaterial, though I do them anyway.

Olderguy
Posts: 1
Joined: Mon Jan 01, 2018 9:55 am

Re: Share your net worth progression

Post by Olderguy » Mon Jan 01, 2018 10:18 am

This is a fun one!

Thanks to John Bogle, I had the pleasure os sitting next to him on a plane to Denver where he was headed for a bogle convention. He was great to speak with and bestow his knowledge to a young man. And yes 99% of my mutual funds are with Vanguard. Great advice to start early, stick with it and live below you income. No one works harder for you than your money!

Good luck

In thousands and in mutual funds, stock, cash
1988. 7
1989. 10
1990. 19
1991. 34
1992. 46
1993. 60
1994. 68
1995. 96
1996. 131
1997. 175
1998. 205
1999. 281
2000. 297
2001. 286
2002. 234
2003. 321
2004. 596. 200k bonus added
2005. 762
2006. 935
2007. 1,115
2008. 789
2009. 1,173
2010. 1,463
2011. 1,757
2012. 2,322
2013. 2,843
2014. 3,078
2015. 2,968
2016. 3,361
2017. 3,892

Adding house would add 850 to net worth.

annielouise
Posts: 167
Joined: Wed May 14, 2008 4:11 pm

Re: Share your networth progression

Post by annielouise » Mon Jan 01, 2018 11:26 am

Update
annielouise wrote:
Sat Jun 17, 2017 3:03 pm

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
2018: $2,029,000

Ignis
Posts: 94
Joined: Wed Jul 04, 2012 5:29 pm

Re: Share your net worth progression

Post by Ignis » Mon Jan 01, 2018 11:40 am

Thought I had replied to this previously, but apparently not..

Numbers are as of 12/31 each year, and rounded to nearest thousand. House/mortgage/auto loans (when applicable) are included. I don't include the value of vehicles and other tangible items.

2011: -$15,000
2012: $24,000
2013: $104,000
2014: $195,000
2015: $170,000 (returned to US, time off between jobs)
2016: $194,000
2017: $251,000 / $347,000 (start including fiancés numbers)

:beer

jbird11
Posts: 94
Joined: Tue Jun 02, 2015 1:24 pm

Re: Share your net worth progression

Post by jbird11 » Mon Jan 01, 2018 2:07 pm

Image



Started using Personal Capital to track back in '14.



Feels pretty cool to get halfway to the 2-comma club in September of this year.



+$167K to NW in '17 on around $200K combined incomes, much of which can be attributed to the bull run as I'm around 95/5 Equities.



Debt free except mortgage. Hoping to be FI in 12 years by age 50.

DNK
Posts: 9
Joined: Sat Feb 01, 2014 12:34 pm

Re: Share your net worth progression

Post by DNK » Mon Jan 01, 2018 7:56 pm

Currently an O4 in the USN. Age young thirties, married, one daughter (3) and another on the way. Curious to see where I fall on the spectrum.
Single Earner, Household income $125k.

No debt except recurring consumer debt paid in full every month.

I am fan of GrumpusMaximus (https://www.grumpusmaximus.com/) who defines what a Golden Albatross is and how it applies. I wouldn't say I have lost the spark but the ranks with gold in them are not fun. It may be mid career officer blues but it is a grind these days. I fondly look forward to my second career.

Date (31DECXX where XX = Year): $XXXk

2006: $112k (Service Academy Grad and did not use a cent of my college fund setup by parents)
2007: $162k (Grad School Complete / Married love of my life)
2008: $139k
2009: $188k (Winged Aviator)
2010: $236k (Purchased Home)
2011: $272k
2012: $300k
2013: $399k
2014: $453k (Daughter Born)
2015: $494k (College 529 started)
2016: $576k
2017: $741k (Sold Home)
2018: ??? (Maxed Roth for spouse and myself 01JAN18 / Max Roth TSP Contribution projected complete by AUG18)

User avatar
TXGymGuy84
Posts: 5
Joined: Mon Dec 11, 2017 11:58 am
Location: Texas

Re: Share your net worth progression

Post by TXGymGuy84 » Mon Jan 01, 2018 9:32 pm

I've been tracking my NW monthly since 2008. These numbers include all assets and liabilities except for my business which is difficult to value. Looking forward to taking investing more seriously. All numbers as of Jan 1st.

2008 - $60K (age 23)
2009 - $116K
2010 - $201K
2011 - $263K
2012 - $390K
2013 - $641K
2014 - $988K
2015 - $1,168K
2016 - $1,869K
2017 - $1,854K
2018 - $2,270K (age 33)

CarlZ993
Posts: 199
Joined: Tue Feb 20, 2007 3:00 pm
Location: Austin, Texas

Re: Share your net worth progression

Post by CarlZ993 » Mon Jan 01, 2018 9:53 pm

Never tracked net worth until the last 12 yrs or so. I'm afraid that I might have padded the value of some of my 'stuff' so I'll only enter the amount of my portfolio (savings, CDs, savings bond, IRAs - Roth & Traditional, after-tax mutual funds, etc). For info, I retired 1/31/06 and my wife retired 2/28/05. We continued saving and investing with our pensions (both DW & I have a pension & DW is drawing SS). I'll round up or down to the nearest $1K.

12/31/05: $521K
12/31/06: $637K
12/31/07: $694K
12/31/08: $566K (yikes!)
12/31/09: $697K
12/31/10: $809K
12/31/11: $868K
12/31/12: $985K
12/31/13: $1,127K (2 comma club!!!)
12/31/14: $1,246K
12/31/15: $1,266K
12/31/16: $1,380K
12/31/17: $1,521K

Boglehead forever!!!
Carl Z

texasdiver
Posts: 2378
Joined: Thu Jun 25, 2009 12:50 am
Location: Vancouver WA

Re: Share your net worth progression

Post by texasdiver » Mon Jan 01, 2018 10:32 pm

Only been tracking in Quicken since 2010. Well, I tracked before that but lost all my old data in 2010 when upgrading to a new version of Quicken and didn't bother to re-enter all the old stuff. All figures are for the last day of the year for each year so 2010 is actually 12/31/2010.

Net worth figures are for investment accounts only and don't include home equity or 529 plans.

2011: $276,200
2012: $307,700
2013: $509,200
2014: $584,400
2015: $644,100
2016: $809,500 (sold house in TX and bought new one in WA)
2017: $1,004,000

I'm 53 and my wife is 47. All we have really been doing since 2010 is maxing out both our 403(b) accounts and my wife has also gotten some additional contributions in the form of profit sharing and cash balance accounts and just following a simple boglehead portfolio of about 70/30. At present over 90% of our investments are in two target retirement funds.

Our relocation in 2016 put about a $50,000 dent in our portfolio as we had to cash in that much in Roth's to come up with the down payment on the new house in the much higher cost of living area in WA. It wasn't really lost, just moved from a Roth account to home equity. Moving a family across the country is a giant pain and very costly when you are upper middle class and the fact that we both were starting new jobs in our new city made the mortgage process exceedingly difficult.

At present all we are doing is continuing to max out both our 401(k) plans. We aren't bothering with Roths at the moment because we are currently paying full freight for the oldest daughter who is a sophomore in an out-of-state public university. That eats up close to $40,000 per year all told.

I figure we are doing better than the great majority but not as well as some on this board. Our biggest expenses are: (1) College costs for the oldest, (2) somewhat frequent travel to South America where my wife is from to visit family, and (3) expensive music lessons for the daughters. They are each taking private lessons on two different instruments. If we cut out just those three things we could probably save an additional $60k a year or more, but such is life.

hmw
Posts: 432
Joined: Sun Mar 02, 2014 11:44 am

Re: Share your networth progression

Post by hmw » Mon Jan 01, 2018 10:56 pm

hmw wrote:
Mon Feb 27, 2017 11:55 am
hmw wrote:I didn't start keeping good records until recently.

Started my 1st real high paying job in March 2009 at age 34 after many years of training. I think I had 100k in 2009.

I have no detailed records between 2009 to 2012. We saved and invested in a combination of index funds and individual stocks.

12/31/2013 1 million
12/31/2014 1.55 million
5/2015 1.78 million
Update

12/31/2015. 1.84 million
12/31/2016. 2.45 million
02/2017. 2.6 million
Update

12/31/2017. 3.40 million

User avatar
Go Blue 99
Posts: 796
Joined: Thu Oct 09, 2008 3:42 pm

Re: Share your net worth progression

Post by Go Blue 99 » Tue Jan 02, 2018 1:33 pm

We only started tracking net worth a few years ago (we are now 41 and 36).
Year end figures:

2014: $463k
2015: $553k
2016: $796k
2017: $1M

Our breakdown of the $1M: 78% in investable assets, 13% in house equity, 7% in restaurant investments, 2% in cars.

I never dreamed we would be a millionaire household this early. I grew up in a middle class household, and my parents were very frugal. I am definitely a spender compared to my parents, but I still make sure saving takes priority over spending.

I would say our biggest internal factors to growing net worth have been the combination of my personal finance skills and my wife’s fast climb up the corporate ladder.

WanderingDoc
Posts: 528
Joined: Sat Aug 05, 2017 8:21 pm

Re: Share your net worth progression

Post by WanderingDoc » Tue Jan 02, 2018 2:23 pm

RandomJoe wrote:
Sun Dec 31, 2017 4:24 am
2014 -$150,000
2015 -$25,000
2016 $167,000
2017 $269,000
Nice jump from '15 to '16! Physician?
I'm not looking to get rich quick (crypto), I'm not looking to get rich slow (index funds).. I'm looking to get rich, for sure (real estate).

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