Post your Financial Milestone Announcements Here

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packet
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Re: Post your Financial Milestone Announcements Here

Post by packet » Fri Mar 22, 2019 8:44 am

PhillyPhan wrote:
Thu Mar 21, 2019 9:48 pm
With the rise in the market today, I crossed the 500k net worth milestone. :sharebeer
Well done and congrats!

Keep up the good work ... :beer

Cheers,
packet
First round’s on me.

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packet
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Re: Post your Financial Milestone Announcements Here

Post by packet » Fri Mar 22, 2019 8:47 am

barnaclebob wrote:
Fri Mar 22, 2019 8:43 am
First time posting a milestone. With yesterdays paycheck and the rise in the market, the wife and I crossed a net worth of 2 mil yesterday...
Sahweeet!

Congrats.

:beer Cheers,
packet
First round’s on me.

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ruralavalon
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Re: Post your Financial Milestone Announcements Here

Post by ruralavalon » Fri Mar 22, 2019 9:24 am

PhillyPhan wrote:
Thu Mar 21, 2019 9:48 pm
With the rise in the market today, I crossed the 500k net worth milestone. :sharebeer
. . . . . .
barnaclebob wrote:
Fri Mar 22, 2019 8:43 am
First time posting a milestone. With yesterdays paycheck and the rise in the market, the wife and I crossed a net worth of 2 mil yesterday...
Congratulations to you both :D :D
.
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started

Investing.Newbie
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Re: Post your Financial Milestone Announcements Here

Post by Investing.Newbie » Fri Mar 22, 2019 12:13 pm

barnaclebob wrote:
Fri Mar 22, 2019 8:43 am
First time posting a milestone. With yesterdays paycheck and the rise in the market, the wife and I crossed a net worth of 2 mil yesterday
Congrats barnaclebob :sharebeer just curious if you don't mind sharing what professions are you and your wife in ? You mentioned pensions...I'm assuming you guys are in government ?
Thanks !

Investing.Newbie
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Re: Post your Financial Milestone Announcements Here

Post by Investing.Newbie » Fri Mar 22, 2019 12:15 pm

PhillyPhan wrote:
Thu Mar 21, 2019 9:48 pm
With the rise in the market today, I crossed the 500k net worth milestone. :sharebeer
Congrats PhillyPhan :sharebeer :moneybag

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marti038
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Re: Post your Financial Milestone Announcements Here

Post by marti038 » Fri Mar 22, 2019 12:18 pm

Hit 500k in retirement funds on Tuesday.

Will probably go back under that mark after today.

barnaclebob
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Re: Post your Financial Milestone Announcements Here

Post by barnaclebob » Fri Mar 22, 2019 2:08 pm

Investing.Newbie wrote:
Fri Mar 22, 2019 12:13 pm
barnaclebob wrote:
Fri Mar 22, 2019 8:43 am
First time posting a milestone. With yesterdays paycheck and the rise in the market, the wife and I crossed a net worth of 2 mil yesterday
Congrats barnaclebob :sharebeer just curious if you don't mind sharing what professions are you and your wife in ? You mentioned pensions...I'm assuming you guys are in government ?
Thanks !
Not in govt, we've got one of the few remaining corporate pensions and it is still growing at the moment. I don't expect that to last much longer. Newer employees don't get it anymore.

mushyyy
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Re: Post your Financial Milestone Announcements Here

Post by mushyyy » Tue Mar 26, 2019 3:35 pm

no specific milestone, just turning 30.
Accumulated slightly more than 600k in the old fashion way.

Despite being a novice here, I recently realized that the real value of investing regularly (aka monthly) is in habit formation. You psycologically get used to market fluctuations and you progressively adapt as your portfolio grows.
A $50.000 daily fluctuation might be emotionally too hard for a 25 years old who has inherited few millions. But the 60years old who has been investing the whole life and seen the portfolio grow over time, can very detach himself from the absolute dollar amount.

Now my daily portfolio fluctuations are in line with the monthly take home, but they don't cause any distress

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obafgkm
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Passed 2.1 Commas Today

Post by obafgkm » Mon Apr 01, 2019 9:15 pm

I just passed 2.1 commas today -- 10^(3*2.1)= 10^(6.3) = $1,995,262. I also passed $2 million, but I think 2.1 commas sounds better.

I'm not including the value of my home in that net worth, but it is worth $250,000, with about $80,000 that I still owe.

I also know this is an April fools joke on me, because I'll likely cross the 2.1-comma/$2 Million marks several times in the near future. This is just the first time.

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Re: Passed 2.1 Commas Today

Post by Grt2bOutdoors » Tue Apr 02, 2019 1:16 am

obafgkm wrote:
Mon Apr 01, 2019 9:15 pm
I just passed 2.1 commas today -- 10^(3*2.1)= 10^(6.3) = $1,995,262. I also passed $2 million, but I think 2.1 commas sounds better.

I'm not including the value of my home in that net worth, but it is worth $250,000, with about $80,000 that I still owe.

I also know this is an April fools joke on me, because I'll likely cross the 2.1-comma/$2 Million marks several times in the near future. This is just the first time.
Congratulations!
"One should invest based on their need, ability and willingness to take risk - Larry Swedroe" Asking Portfolio Questions

EdNorton
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Re: Post your Financial Milestone Announcements Here

Post by EdNorton » Tue Apr 02, 2019 5:41 am

I hit 2 commas in 2014, retired at end of 2016 at 59. Plan was to hopefully live on small pension and earnings off next egg. Since then net worth has increased $650k, might have to spend more. DW and I were DINKWAD's, will leave any leftover money to nieces, nephews and charities, but that is not a priority. I got very lucky on some individual stocks, now slowly converting to BH portfolio. :sharebeer
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LiterallyIronic
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Re: Post your Financial Milestone Announcements Here

Post by LiterallyIronic » Tue Apr 02, 2019 10:27 am

Just hit a net worth of $200,000! It took about as long to go from $100,000 to $200,000 as it did from $50,000 to $100,000. Home equity ($105,000) is a big part of that, though, as invested assets are just $79,000.

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ruralavalon
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Re: Passed 2.1 Commas Today

Post by ruralavalon » Tue Apr 02, 2019 10:53 am

obafgkm wrote:
Mon Apr 01, 2019 9:15 pm
I just passed 2.1 commas today -- 10^(3*2.1)= 10^(6.3) = $1,995,262. I also passed $2 million, but I think 2.1 commas sounds better.

I'm not including the value of my home in that net worth, but it is worth $250,000, with about $80,000 that I still owe.

I also know this is an April fools joke on me, because I'll likely cross the 2.1-comma/$2 Million marks several times in the near future. This is just the first time.
Congratulations :D .
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started

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neologistocrat
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Re: Post your Financial Milestone Announcements Here

Post by neologistocrat » Wed Apr 03, 2019 1:48 pm

Dear all, this is my first post on Bogleheads after a decade of lurking and 14 months after creating an account for these forums. I hope this is the right place to express my gratitude and announce a milestone.

The milestone is age: today is my 40th birthday. I've reached it while in decent health and (coming into and then managing) some wealth. That latter part I don't talk about with most people, so I figured I'd talk about it here.

Eleven years ago, at 29, with much of my 20s mired in a PhD program with minimal stipends, I had a net worth of ~$15,000. Today, my taxable, IRA, and Roth IRA accounts between Vanguard and Merrill Lynch are at $DELETED, and with my Mom's savings that I helped her invest the last decade (including my late father's savings--mostly from the 90s and 00s bull markets), she and I are Vanguard Flagship (i.e. 2-commas).

Between 2009 and 2015 I had a middle-income job (by DC standards) ---wages between $72k and $86k max. During that time, with savings and then a $DELETED gift from family, I managed to put a 20% down payment on a townhouse purchased for $DELETED, a house which has likely appreciated over 70% due to a gamble taken on the neighborhood (i.e. "gentrification"). After my father's untimely death in 2013, I came into an $DELETED inheritance, which I partially invested and partially lived off of while diverting the max allowed amount from my salary to a 401k for a few years (all index funds). From 2016 through mid-2018, I was partially "FIRE" while returning to grad school without a stipend, supporting myself off investments (dividends but also selling taxable funds too) and having a room rented out. Since last year, I'm back at work, living frugally but fully, continuing near-max contributions to 401k and Roth IRA.

This is all to say that I am grateful that I discovered index funds, Jack Bogle's writings, Bogleheads, and (to be fair) Mr Money Mustache, at the times in my life that I did.

I have a financial milestone of being truly financially independent by age 52 (a dozen years), but I don't have hard numbers assigned to this yet. I envision occasionally leaving the workforce to focus on writing and music, and returning to the work force as needed. Perhaps it will be "FIRE" mixed with work. In saying this, I realize I am tremendously lucky, and among the people to thank are the participants in this forum.
Last edited by neologistocrat on Tue Apr 09, 2019 4:35 pm, edited 1 time in total.

JediMisty
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Re: Post your Financial Milestone Announcements Here

Post by JediMisty » Wed Apr 03, 2019 2:04 pm

Third milestone - 2M including home equity. I'm single. If my SO would tie the knot his contribution would bring us to the fourth milestone. But, alas.

Big Dutch
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Re: Post your Financial Milestone Announcements Here

Post by Big Dutch » Wed Apr 03, 2019 2:25 pm

Two comma club last month for us, investments only! I've been on this forum for about 4 years, lurked for several prior to joining in the conversation. This is such an educated group, thanks for letting me soak up your knowledge and experiences, not to mention the camaraderie.

I've been working on simplifying and streamlining our assets over the last several years and I'm equally proud that our aggregate ER is 0.23%. I'm stuck with some fees in our 401k so we can't get much lower.

We're keeping our foot on the gas and trying to make hay while the sun shines: saving aggressively and paying down debt.

Best of luck to all the others pursuing their goals!

~Big Dutch

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ruralavalon
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Re: Post your Financial Milestone Announcements Here

Post by ruralavalon » Wed Apr 03, 2019 6:53 pm

Big Dutch wrote:
Wed Apr 03, 2019 2:25 pm
Two comma club last month for us, investments only! I've been on this forum for about 4 years, lurked for several prior to joining in the conversation. This is such an educated group, thanks for letting me soak up your knowledge and experiences, not to mention the camaraderie.

I've been working on simplifying and streamlining our assets over the last several years and I'm equally proud that our aggregate ER is 0.23%. I'm stuck with some fees in our 401k so we can't get much lower.

We're keeping our foot on the gas and trying to make hay while the sun shines: saving aggressively and paying down debt.

Best of luck to all the others pursuing their goals!

~Big Dutch
Congratulations on joining the two comma club :) .

A weighted average expense ratio of 0.23% is low, and pretty good when working around a high ER 401k plan.
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started

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onthecusp
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Re: Post your Financial Milestone Announcements Here

Post by onthecusp » Thu Apr 04, 2019 1:16 pm

neologistocrat wrote:
Wed Apr 03, 2019 1:48 pm
... living frugally but fully, ...
Congrats! Seems you are an a fine and fulfilling path here in your new decade! :D

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Darth Xanadu
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Re: Post your Financial Milestone Announcements Here

Post by Darth Xanadu » Thu Apr 04, 2019 1:41 pm

Big Dutch wrote:
Wed Apr 03, 2019 2:25 pm
Two comma club last month for us, investments only!
Congratulations!

I too achieved two commas excluding home equity in March 2019.

I would also second your thoughts about this wonderful community. To use a poor analogy, I feel like my ship was always pointed in the right general direction, but the insights I've gotten from the folks here is like being given a map to the stars.
"A courageous teacher, failure is."

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neologistocrat
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Re: Post your Financial Milestone Announcements Here

Post by neologistocrat » Thu Apr 04, 2019 2:21 pm

THANKS! Entering my 40s with a lovely little house, good health, many friends and fellow musicians nearby, and index ETFs with low expense ratios! I have so much gratitude for the collective wisdom on this forum--really unusual for the modern internet, if I may say so.
onthecusp wrote:
Thu Apr 04, 2019 1:16 pm
neologistocrat wrote:
Wed Apr 03, 2019 1:48 pm
... living frugally but fully, ...
Congrats! Seems you are an a fine and fulfilling path here in your new decade! :D

Bully3000
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Re: Post your Financial Milestone Announcements Here

Post by Bully3000 » Thu Apr 04, 2019 2:47 pm

2 years after my Divorce I have recouped 50% of my 401k, first time maxed 401k, IRA and HSA, first time with a financial plan and budget, first time with a fully funded emergency fund and first time on track to not working until i die :happy

Oakwood42
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Re: U.S. stocks continue to soar!

Post by Oakwood42 » Thu Apr 04, 2019 6:48 pm

MotoTrojan wrote:
Mon Feb 25, 2019 11:17 am
[Posts moved into here, see below --admin LadyGeek]

Hit $100K today for the first time!
Nice work!

Oakwood42
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Re: Post your Financial Milestone Announcements Here

Post by Oakwood42 » Thu Apr 04, 2019 6:52 pm

ruralavalon wrote:
Sun Mar 03, 2019 1:20 pm
7th_Diagram wrote:
Sat Mar 02, 2019 4:36 pm
I've reached $50K in retirement savings earlier in Feb. I started saving 2 years and 2 months ago thanks to Bogleheads..

DW and I have a passive online business that is 2 years old. It turned $20k in profit for 2018. Our first year we broke even.

We are not ruled by greed and are loving our small wins.
Congratulations on $50k in retirement investments :) , and on turning a profit in your business :) .

Small wins come before big wins.
"Small wins come before big wins."

+1

stoptothink
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Re: Post your Financial Milestone Announcements Here

Post by stoptothink » Thu Apr 04, 2019 6:55 pm

3yrs and 3 months into our mortgage, on April 1st we officially hit the halfway mark on principal. Planning on having the entire thing done January 1st, 2022. Fingers crossed that we'll cross the 2-comma mark about the same time.

jaj2276
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Re: Post your Financial Milestone Announcements Here

Post by jaj2276 » Thu Apr 04, 2019 8:13 pm

Passed the 3m net worth mark. This includes real estate carried at purchase price w/ no appreciation (or depreciation). I have 3 RE accounts in my net worth. One is a mortgage my wife and I wrote to my sister-in-law that decreases each month that a payment is made on it. The other is a house we just purchased and the other is a house that we're now trying to sell. Hopefully the proceeds from the house we're trying to sell can pay off the house we now live in and I can come back in and make a few more milestone announcements this year.

This was my target to retire early but that was assuming I'd hit that mark around 50. I'm 5-10 years too early for that so I will need to keep working and change the goal to 5m @ 50.

Thanks for (not) listening.

dad2000
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Re: Post your Financial Milestone Announcements Here

Post by dad2000 » Thu Apr 04, 2019 9:24 pm

Hit FI last month at age 52 with 5M in retirement funds and no debt. More importantly, wife and I are in excellent health.

ColoradoNewBiker
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Re: Post your Financial Milestone Announcements Here

Post by ColoradoNewBiker » Thu Apr 04, 2019 10:52 pm

jaj2276 wrote:
Thu Apr 04, 2019 8:13 pm
Passed the 3m net worth mark. This includes real estate carried at purchase price w/ no appreciation (or depreciation). I have 3 RE accounts in my net worth. One is a mortgage my wife and I wrote to my sister-in-law that decreases each month that a payment is made on it. The other is a house we just purchased and the other is a house that we're now trying to sell. Hopefully the proceeds from the house we're trying to sell can pay off the house we now live in and I can come back in and make a few more milestone announcements this year.

This was my target to retire early but that was assuming I'd hit that mark around 50. I'm 5-10 years too early for that so I will need to keep working and change the goal to 5m @ 50.

Thanks for (not) listening.
Congratulations! Keep going! :sharebeer

ColoradoNewBiker
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Re: Post your Financial Milestone Announcements Here

Post by ColoradoNewBiker » Thu Apr 04, 2019 10:53 pm

dad2000 wrote:
Thu Apr 04, 2019 9:24 pm
Hit FI last month at age 52 with 5M in retirement funds and no debt. More importantly, wife and I are in excellent health.
Wow, I'm jealous. :twisted:

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ruralavalon
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Re: Post your Financial Milestone Announcements Here

Post by ruralavalon » Fri Apr 05, 2019 8:18 am

dad2000 wrote:
Thu Apr 04, 2019 9:24 pm
Hit FI last month at age 52 with 5M in retirement funds and no debt. More importantly, wife and I are in excellent health.
Congratulations :) .
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started

GlennK
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Re: Post your Financial Milestone Announcements Here

Post by GlennK » Fri Apr 05, 2019 11:05 am

Thanks to a suggestion or thread I read on here, I found a net worth calculator. I entered the data for the first time this week and was pleasantly surprised. Including my house (no mortgage), I am at the 2M net worth. I hope to retire at age 60 in 3 years.

That is if my company comes through as promised with my pension buyout and doesn't go bankrupt before then.

davidsorensen32
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Re: Post your Financial Milestone Announcements Here

Post by davidsorensen32 » Fri Apr 05, 2019 11:45 am

2 commas used to be a badge of honor around here - a mark of "we've arrived". Not any more. Now it's $2M or above. :sharebeer

onourway
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Re: Post your Financial Milestone Announcements Here

Post by onourway » Sat Apr 06, 2019 12:52 pm

Just wanted to post that my 401k crossed the 2 comma mark for the first time yesterday. :D

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Re: Post your Financial Milestone Announcements Here

Post by LadyGeek » Sat Apr 06, 2019 1:10 pm

Congrats! :beer
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drk
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Re: Post your Financial Milestone Announcements Here

Post by drk » Sat Apr 06, 2019 1:22 pm

Over the last month or so, I made it to ten times expenses. When that trebles, I get to FIRE. Given my current savings rate, that should happen within five years, but obviously life will happen between now and then.

shuchong
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Re: Post your Financial Milestone Announcements Here

Post by shuchong » Sat Apr 06, 2019 2:44 pm

I work a high-stress job (litigator, in a large firm in NYC). Normally I love it, but for a variety of reasons I've been feeling burnt out recently. Looked at my net worth this week: a little over $1 million. Calculated my expenses less charitable giving for each of the past five years: about $30,000 a year. I'm way too risk-adverse to do it, but in theory I could just quit my job, at age 35, and never work again.

More realistically, if I continue to feel burnt out, I can find a new job. It can be one where I make only ten percent of what I'm making now, and I will still have a nice middle-class lifestyle. I can also ask my current firm if I can work fewer hours -- the worst they can do is tell me no, and then push me out, which really wouldn't be so bad with over a million in the bank.

I'm so, so grateful for the freedom that gives me. If you're going to be burnt out, this is definitely the way to do it.

jaj2276
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Re: Post your Financial Milestone Announcements Here

Post by jaj2276 » Sat Apr 06, 2019 7:51 pm

davidsorensen32 wrote:
Fri Apr 05, 2019 11:45 am
2 commas used to be a badge of honor around here - a mark of "we've arrived". Not any more. Now it's $2M or above. :sharebeer
A lot of that can be attributed to the absurd bull market we've been in. I started tracking my NW in 2009. I graduated college in 1999. Here is my yearly progression:

2009 - $383k
2010 - $552k
2011 - $636k
2012 - $831k
2013 - $1.05m
2014 - $1.17m
2015 - $1.44m
2016 - $1.8m
2017 - $2.44m
2018 - $2.7m
2019 (Current) - $3.1m

tigermilk
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Re: Post your Financial Milestone Announcements Here

Post by tigermilk » Fri Apr 12, 2019 3:46 pm

Hit the 2 comma club 2 years ago for all investments, but come tomorrow morning I will have joined the TSP millionaires club. Missed it by about 1% last fall just before the correction.

are_cynic
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Re: Post your Financial Milestone Announcements Here

Post by are_cynic » Sat Apr 13, 2019 6:56 pm

Hit six figures in investments this week. Charlie Munger was right about this milestone. (Okay, with inflation, his comment no longer applies, but it’s nice to feel like he approves :happy )
"Invert, always invert" ~Carl Jacobi

BrklynMike
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Re: Post your Financial Milestone Announcements Here

Post by BrklynMike » Sun Apr 14, 2019 6:48 am

Closed out the quarter and discovered we crossed the $500k net worth mark and that I finally hit $250k in my 401k. Took me four and a half years to hit $100k, and another four and a half years to hit $250k. Here's to the next four and a half years!
"In a world of uncertainty, one should focus more on the consequences than the probabilities." - Benjamin Graham

student
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Re: Post your Financial Milestone Announcements Here

Post by student » Sun Apr 14, 2019 7:15 am

BrklynMike wrote:
Sun Apr 14, 2019 6:48 am
Closed out the quarter and discovered we crossed the $500k net worth mark and that I finally hit $250k in my 401k. Took me four and a half years to hit $100k, and another four and a half years to hit $250k. Here's to the next four and a half years!
Congratulations.

student
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Re: Post your Financial Milestone Announcements Here

Post by student » Sun Apr 14, 2019 7:15 am

tigermilk wrote:
Fri Apr 12, 2019 3:46 pm
Hit the 2 comma club 2 years ago for all investments, but come tomorrow morning I will have joined the TSP millionaires club. Missed it by about 1% last fall just before the correction.
:sharebeer

student
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Re: Post your Financial Milestone Announcements Here

Post by student » Sun Apr 14, 2019 7:16 am

are_cynic wrote:
Sat Apr 13, 2019 6:56 pm
Hit six figures in investments this week. Charlie Munger was right about this milestone. (Okay, with inflation, his comment no longer applies, but it’s nice to feel like he approves :happy )
:thumbsup

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oldzey
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Re: Post your Financial Milestone Announcements Here

Post by oldzey » Sun Apr 14, 2019 12:28 pm

Five years after joining the Bogleheads.org forum and applying the knowledge provided here, my portfolio has increased from $15K to $275K.

My deepest gratitude goes out to Jack Bogle (RIP) and my fellow Bogleheads for the positive difference they have made in my life.

Sincerely,
oldzey
"The broker said the stock was 'poised to move.' Silly me, I thought he meant up." ― Randy Thurman

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rocket354
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Re: Post your Financial Milestone Announcements Here

Post by rocket354 » Fri Apr 19, 2019 9:14 pm

This seems to be the right place.

I just found out today that my net worth crossed $500k. That is especially satisfying to me considering I was at $-150k eight years ago with nearly poverty-level income.

The great recession hit me harder than most due to being heavy in stocks and real estate (in the most bubbly of areas, too) and losing my job at the same time. But what the markets taketh away, the markets also giveth. I'm even heavier in stocks and real estate now and so the last few years have been great. I also--finally--am back to earning decent money so although I know there will be more dips along the way, I'm hoping the growth will accelerate.

Congrats to everyone else on your milestones! :sharebeer

student
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Re: Post your Financial Milestone Announcements Here

Post by student » Fri Apr 19, 2019 9:18 pm

rocket354 wrote:
Fri Apr 19, 2019 9:14 pm
This seems to be the right place.

I just found out today that my net worth crossed $500k. That is especially satisfying to me considering I was at $-150k eight years ago with nearly poverty-level income.

The great recession hit me harder than most due to being heavy in stocks and real estate (in the most bubbly of areas, too) and losing my job at the same time. But what the markets taketh away, the markets also giveth. I'm even heavier in stocks and real estate now and so the last few years have been great. I also--finally--am back to earning decent money so although I know there will be more dips along the way, I'm hoping the growth will accelerate.

Congrats to everyone else on your milestones! :sharebeer
:sharebeer

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Re: Post your Financial Milestone Announcements Here

Post by Grt2bOutdoors » Fri Apr 19, 2019 9:21 pm

rocket354 wrote:
Fri Apr 19, 2019 9:14 pm
This seems to be the right place.

I just found out today that my net worth crossed $500k. That is especially satisfying to me considering I was at $-150k eight years ago with nearly poverty-level income.

The great recession hit me harder than most due to being heavy in stocks and real estate (in the most bubbly of areas, too) and losing my job at the same time. But what the markets taketh away, the markets also giveth. I'm even heavier in stocks and real estate now and so the last few years have been great. I also--finally--am back to earning decent money so although I know there will be more dips along the way, I'm hoping the growth will accelerate.

Congrats to everyone else on your milestones! :sharebeer
Congratulations!! :sharebeer
"One should invest based on their need, ability and willingness to take risk - Larry Swedroe" Asking Portfolio Questions

travellight
Posts: 2814
Joined: Tue Aug 12, 2008 5:52 pm
Location: San Diego

Re: Post your Financial Milestone Announcements Here

Post by travellight » Sun Apr 21, 2019 7:35 pm

I hit a big birthday last weekend that spells financial freedom. It is the first big number birthday that I didn't mind because I am now eligible for early retirement for my pension. This probably increased my net worth by 50%.
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student
Posts: 2989
Joined: Fri Apr 03, 2015 6:58 am

Re: Post your Financial Milestone Announcements Here

Post by student » Sun Apr 21, 2019 7:40 pm

travellight wrote:
Sun Apr 21, 2019 7:35 pm
I hit a big birthday last weekend that spells financial freedom. It is the first big number birthday that I didn't mind because I am now eligible for early retirement for my pension. This probably increased my net worth by 50%.
Congratulations.

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GerryL
Posts: 2176
Joined: Fri Sep 20, 2013 11:40 pm

Re: Post your Financial Milestone Announcements Here

Post by GerryL » Sun Apr 21, 2019 8:19 pm

Today I logged onto Vanguard and executed a sale related to my first RMD: the first of several QCD checks I have planned. (The part of the RMD I am keeping for myself will be executed in the second half of the year.) It's gratifying knowing that I am able to increase my giving in retirement. Whee!

An aside: I noticed that since the first of the year my IRA has grown by a figure that is more than double the 2019 RMD. I'm guessing that this is not that unusual for early RMDs and may not happen as often once the divisor starts getting much smaller. And then, if the market tanks ….

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