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
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alexp
Posts: 5
Joined: Wed Jan 01, 2020 1:22 am

Re: Share your net worth progression

Post by alexp » Wed Jan 01, 2020 1:42 am

41yrs/Single income/Married with 2 kids/MCOL

1-Jan-09 100,000.00
1-Jan-11 173,000.00 (Paid off student loans)
1-Jan-12 200,000.00
1-Jan-13 242,000.00 (Bought primary home)
1-Jan-14 358,000.00
1-Jan-15 425,000.00
1-Jan-16 530,000.00
1-Jan-17 700,000.00
1-Jan-18 886,000.00
1-Jan-19 1,005,307.00
1-Jan-20 1,314,000.00


-Alex

cusetownusa
Posts: 432
Joined: Thu Mar 27, 2014 9:54 am

Re: Share your net worth progression

Post by cusetownusa » Wed Jan 01, 2020 8:34 am

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
2018: $1,220,000
2019: $1,680,000 ($1,150,000 invested)

Updated for year end 2019 and included just my invested assets this time. All The Total net worth figures include house equity and wife’s present value of her pension if she stopped working today. Currently 40 years old, wife is 38.

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happyisland
Posts: 510
Joined: Thu Oct 03, 2013 1:36 pm

Re: Share your net worth progression

Post by happyisland » Wed Jan 01, 2020 9:53 am

AlmstRtrd wrote:
Fri Dec 27, 2019 4:22 pm
Age 61, Married. Retired in April of 2018. The following is just for me as I wanted to be able to compare now with 27 years ago. Mostly I had low stock allocations and was lucky to live through a good economy and a long period of pretty good bond returns. Was always a good saver but nothing crazy. Anyway, I just pulled this together from old records. Numbers are from January 1 or as close as I could get:

1993 - $181,000
1994 - $217,000
1995 - $240,000
1996 - $319,000
1997 - $385,000
1998 - $482,000
1999 - $571,000
2000 - $688,000
2001 - $776,000
2002 - $898,000
2003 - $1,011,000
2004 - $1,112,000
2005 - $1,218,000
2006 - $1,295,000
2007 - $1,404,000
2008 - $1,421,000
2009 - $1,205,000
2010 - $1,262,000
2011 - $1,310,000
2012 - $1,351,000
2013 - $1,495,000
2014 - $1,576,000
2015 - $1,658,000
2016 - $1,739,000
2017 - $1,797,000
2018 - $1,941,000
2019 - $1,968,000
2020 - $2,087,000

2008-2009 doesn't look too bad now but it felt terrible as my balances were going down and self-employment income took a big hit and never really recovered. But I feel extremely fortunate.
I think this is my favorite post in the whole thread. The progression reads like a movie plot, and the 3rd act conclusion brings a smile to your face. Congratulations.

tigers174
Posts: 49
Joined: Sun Feb 03, 2019 3:24 pm

Re: Share your net worth progression

Post by tigers174 » Wed Jan 01, 2020 10:07 am

tigers174 wrote:
Thu Jun 13, 2019 7:48 am
From what I've tracked on retirement savings, end of the year numbers:

Started working in 2005, currently 36, married with 3 girls under 7

2011 - $118K
2012 - $165k (wife became STAH mom)
2013 - $235k
2014 - $289k
2015 - $315k
2016 - $434k
2017 - $544k
2018 - $543k
2019 - $720k (plus $133k principal in our house, $63k in 529s, $75k in savings account, so Networth is around $990k)
Salary is ~$135k
Last edited by tigers174 on Wed Jan 01, 2020 1:03 pm, edited 1 time in total.

Soon2BXProgrammer
Posts: 782
Joined: Mon Nov 24, 2014 11:30 pm

Re: Share your net worth progression

Post by Soon2BXProgrammer » 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

Count of Notre Dame
Posts: 171
Joined: Fri Oct 11, 2013 1:08 pm

Re: Share your net worth progression

Post by Count of Notre Dame » Wed Jan 01, 2020 11:50 am

I did not start tracking our net worth until my wife was out of medical residency - it was too depressing watching the student loans increase each year without paying them down. 2019 in the books and what a year for having a large 401k balance! Just made my backdoor IRA contribution to my traditional IRA and looking forward to 2020 and hoping to reach $1M at age 37!

2019 - $882k
2018 - $556k
2017 - $506k
2016 - $239k
2015 - $31k

Perkunas
Posts: 194
Joined: Tue May 10, 2016 7:24 pm

Re: Share your net worth progression

Post by Perkunas » Wed Jan 01, 2020 12:32 pm

Good lord the numbers in here are all so big. Congrats everyone.

Average gross income ~$170k

Age 34, Jan 02, 2016: 217,869 (first year of marriage; mostly wife's NW. Just started my first real job after ~12 years as a ski bum)
Age 35, Feb 02, 2017: 345,567 (wife had a job that paid more than normal for ~8 months)
Age 36, Jan 01, 2018: 446,673
Age 37, Jan 02, 2019: 454,711 (bought our house, $20k+ on IVF, bought $30k new CRV for wife to replace '04 Accord)
Age 38, Jan 01, 2020: 587,174 (had our first child; wife had no income for 9 weeks)

2019 highlights: maxed her 401k, maxed my Simple IRA, maxed my HSA, maxed my Roth, started 529... her Roth TBD but unlikely.
2018 highlights: maxed her 401k, maxed my Simple IRA, maxed my HSA, maxed my Roth, maxed her Roth
2017 highlights: maxed her 401k, maxed my Simple IRA, maxed my HSA, maxed my Roth
2016 highlights: maxed her 401k, maxed my Simple IRA, maxed my HSA??

997TRBO
Posts: 5
Joined: Tue Apr 30, 2019 8:05 am

Re: Share your net worth progression

Post by 997TRBO » 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.

snoopdoug1
Posts: 258
Joined: Mon Jul 23, 2007 10:53 am

Re: Share your net worth progression

Post by snoopdoug1 » Wed Jan 01, 2020 4:34 pm

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.
Heck of a 2019! Well done!

slow&steady123
Posts: 2
Joined: Wed Jan 01, 2020 6:22 pm

Re: Share your net worth progression

Post by slow&steady123 » Wed Jan 01, 2020 6:41 pm

Hi folks,

Below is my net worth progression. It has taken some time with wife and I working hard to get here. I am missing a couple of years due to gaps in exact tracking. We have two young boys, the older one will start going to college in a couple of years; so, really have to work for another 10 odd years till both kids are out of college.

2004 $705,814
2005 $925,035
2006 $1,170,913
2007 $1,367,905
2008 $1,455,373
2009 $1,804,552
2011 $2,252,285
2012 $3,080,632
2013 $3,481,003
2014 $3,819,309
2015 $4,031,656
2016 $4,432,303
2017 $5,056,723
2019 $6,195,696

Slow&Steady!!

snoopdoug1
Posts: 258
Joined: Mon Jul 23, 2007 10:53 am

Re: Share your net worth progression

Post by snoopdoug1 » Wed Jan 01, 2020 7:09 pm

slow&steady123 wrote:
Wed Jan 01, 2020 6:41 pm
Hi folks,

Below is my net worth progression. It has taken some time with wife and I working hard to get here. I am missing a couple of years due to gaps in exact tracking. We have two young boys, the older one will start going to college in a couple of years; so, really have to work for another 10 odd years till both kids are out of college.

2004 $705,814
2005 $925,035
2006 $1,170,913
2007 $1,367,905
2008 $1,455,373
2009 $1,804,552
2011 $2,252,285
2012 $3,080,632
2013 $3,481,003
2014 $3,819,309
2015 $4,031,656
2016 $4,432,303
2017 $5,056,723
2019 $6,195,696

Slow&Steady!!
Nice first post! Welcome! Interesting to see that the 08->09 didn't effect you like others. Must be a good feeling to grow 1.2M in a year :)

ImUrHuckleberry
Posts: 413
Joined: Sat Apr 15, 2017 7:44 am

Re: Share your net worth progression

Post by ImUrHuckleberry » Wed Jan 01, 2020 7:51 pm

Investing.Newbie wrote:
Fri Dec 27, 2019 11:50 am
ImUrHuckleberry wrote:
Wed Dec 25, 2019 10:06 am
Year ending rounded to nearest $5k:
2013 - $210,000
2014 - $145,000
2015 - $90,000
2016 - $120,000
2017 - $185,000
2018 - $260,000
2019 - $395,000

I got laid off in July 2013 and didn't go back to work until January, 2016. We are extremely fortunate to have recovered from what was almost a complete wipeout. Our net worth at the end of 2015 was essentially the equity in our house, and we were about to put it on the market or face bankruptcy.

We plan on $90,000 in new savings this year while spending $80,000 (from work bonus) on deferred home maintenance and home improvements. Starting in 2021 we plan on $150,000 new savings annually, at least while the gravy train at my work keeps rolling. We have a lot to be thankful for as some families never recover from the situation we found ourselves in back in late 2015. My annual bonus now exceeds my salary from the job I got laid off from in 2013.

Edit: per request below, this is me and my wife. We both work.
Wow nice going ! just curious what is your & your partner's profession ?
Thanks! I manage clinical logistics for a small pharma, and my wife is HR for a school system.

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5th_Dimension
Posts: 155
Joined: Mon Jul 11, 2016 1:05 am

Re: Share your net worth progression

Post by 5th_Dimension » Wed Jan 01, 2020 8:00 pm

Update for 2019.

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
2018 $723,000
2019 $972,000
Sometimes I feel like I'm waltzing in a 4/4 world.

slow&steady123
Posts: 2
Joined: Wed Jan 01, 2020 6:22 pm

Re: Share your net worth progression

Post by slow&steady123 » Wed Jan 01, 2020 8:05 pm

snoopdoug1 wrote:
Wed Jan 01, 2020 7:09 pm
slow&steady123 wrote:
Wed Jan 01, 2020 6:41 pm
Hi folks,

Below is my net worth progression. It has taken some time with wife and I working hard to get here. I am missing a couple of years due to gaps in exact tracking. We have two young boys, the older one will start going to college in a couple of years; so, really have to work for another 10 odd years till both kids are out of college.

2004 $705,814
2005 $925,035
2006 $1,170,913
2007 $1,367,905
2008 $1,455,373
2009 $1,804,552
2011 $2,252,285
2012 $3,080,632
2013 $3,481,003
2014 $3,819,309
2015 $4,031,656
2016 $4,432,303
2017 $5,056,723
2019 $6,195,696

Slow&Steady!!
Nice first post! Welcome! Interesting to see that the 08->09 didn't effect you like others. Must be a good feeling to grow 1.2M in a year :)
Helps when you have investable assets!!

mattshwink
Posts: 390
Joined: Mon Sep 21, 2015 10:01 am

Re: Share your net worth progression

Post by mattshwink » Wed Jan 01, 2020 8:17 pm

January 1, 2010: $274,575.39
January 1, 2011: $390,550.76
January 1, 2012: $432,760.24
January 1, 2013: $612,438.00
January 1, 2014: $828,576.98
January 1, 2015: $1,120,689.09
January 1, 2016: $1,220,777.29
January 1, 2017: $1,169,978.45
January 1, 2018: $1,428,592.40
January 1, 2019: $1,388,467.32
January 1, 2020: $1,831,778.49

gr7070
Posts: 962
Joined: Fri Oct 28, 2011 10:39 am

Re: Share your net worth progression

Post by gr7070 » Wed Jan 01, 2020 8:20 pm

I'll throw something a little different out there...

My NW progression has been as exactly as it should. Like most all other working (well, actually *saving*) folks.

I have a target and a plan to reach that target to be FI. Most folks on Bogleheads are, very likely, just like me - regardless of our NW or our income or our age at FI (probably the biggest defining number). I/we are on target to be FI - it just varies depending upon degree of net worth.

What matters is one's projection/progression - are you on target for whatever your goal is?

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abuss368
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Location: Where the water is warm, the drinks are cold, and I don't know the names of the players!
Contact:

Re: Share your net worth progression

Post by abuss368 » Thu Jan 02, 2020 12:08 am

slow&steady123 wrote:
Wed Jan 01, 2020 6:41 pm
Hi folks,

Below is my net worth progression. It has taken some time with wife and I working hard to get here. I am missing a couple of years due to gaps in exact tracking. We have two young boys, the older one will start going to college in a couple of years; so, really have to work for another 10 odd years till both kids are out of college.

2004 $705,814
2005 $925,035
2006 $1,170,913
2007 $1,367,905
2008 $1,455,373
2009 $1,804,552
2011 $2,252,285
2012 $3,080,632
2013 $3,481,003
2014 $3,819,309
2015 $4,031,656
2016 $4,432,303
2017 $5,056,723
2019 $6,195,696

Slow&Steady!!
Very impressive and congrats!
John C. Bogle: Two Fund Portfolio - Total Stock & Total Bond - “Simplicity is the master key to financial success."

z9852
Posts: 15
Joined: Sun Sep 17, 2017 5:32 pm

Re: Share your net worth progression

Post by z9852 » Thu Jan 02, 2020 2:28 am

Updating for end of year (age 32 this year):

(includes home equity)
12/31/2013 -$29,973
12/31/2014 -$740
12/31/2015 $14,950
12/31/2016 $119,771
12/31/2017 $413,450 (sold rental properties in hot market)
12/31/2018 $685,147 (had opportunity to sell some company stock)
12/31/2019 $811,417 (nothing special this year... just savings and investment returns)

Barring a market downturn, our stretch goal for 2020 is to join the two-comma club. Happy new year Bogleheads! :beer
Last edited by z9852 on Tue Jan 14, 2020 3:16 am, edited 1 time in total.

Double Chin Finn
Posts: 3
Joined: Sat Jun 23, 2018 2:52 am

Re: Share your net worth progression

Post by Double Chin Finn » Thu Jan 02, 2020 11:09 am

For 2019

2014: $4,300 (Started last year of grad school...age 26)
2015: $17,000 (Graduated in June of that year and started working full time in September...age 27)
2016: $46,000 (age 28)
2017: $104,000 (age 29)
2018: $146,000 (age 30
2019: $223,000 (age 31)

Exceeded my target net worth goal for the year by a bit. For 2019, my finances have been great and the rest of my life has been even better. Hoping to a great 2020 for everyone here! :sharebeer

SeaToTheBay
Posts: 196
Joined: Thu Jun 08, 2017 6:11 pm

Re: Share your net worth progression

Post by SeaToTheBay » Thu Jan 02, 2020 12:15 pm

SeaToTheBay wrote:
Wed Jan 03, 2018 1:07 pm
2006: 47k. Graduated college, bought condo 50/50 with parents (bad timing, good location - still have it and renting out). Had saved all money from birthdays, Christmas, etc. since I was 5, mutual fund since 10, usually $300/mo from HS/college side jobs into a Roth IRA. My parents set me up well with regards to a saving mindset! :)
2007: 81k (age 23, first full year of employment, four-figure college debt due to parents' help, working during college, and low in-state tuition)
2008: 89k (saved 39k and lost 40k in investments... like pouring water into a strainer :x )
2009: 109k
2010: 164k
2011: 157k (started full-time MBA)
2012: 72k
mid-2013: 56k (graduated MBA along with now-wife, started work again, 110k in student loans :| )
2013: 95k
2014: 161k
2015: 270k single / 432k married :D
2016: 657k married (bought townhouse in HCOL area)
2017: 1,125k, finished paying off student loans
2018: 1,434k
2019: 1,818k
Updated for 2019.

ohai
Posts: 1327
Joined: Wed Dec 27, 2017 2:10 pm

Re: Share your net worth progression

Post by ohai » Thu Jan 02, 2020 12:49 pm

Bogleheads website could probably make so much money selling user information. I'm pretty sure the contact info of the people above is worth much more than some random Youtube subscriber or something.

Startingover2019
Posts: 61
Joined: Thu Oct 17, 2019 7:24 pm

Re: Share your net worth progression

Post by Startingover2019 » Thu Jan 02, 2020 3:16 pm

slow&steady123 wrote:
Wed Jan 01, 2020 6:41 pm
Hi folks,

Below is my net worth progression. It has taken some time with wife and I working hard to get here. I am missing a couple of years due to gaps in exact tracking. We have two young boys, the older one will start going to college in a couple of years; so, really have to work for another 10 odd years till both kids are out of college.

2004 $705,814
2005 $925,035
2006 $1,170,913
2007 $1,367,905
2008 $1,455,373
2009 $1,804,552
2011 $2,252,285
2012 $3,080,632
2013 $3,481,003
2014 $3,819,309
2015 $4,031,656
2016 $4,432,303
2017 $5,056,723
2019 $6,195,696

Slow&Steady!!
What are you gonna do with all that extra money in 10 years? Why do you feel like you even need to keep working? Just curious.

Startingover2019
Posts: 61
Joined: Thu Oct 17, 2019 7:24 pm

Re: Share your net worth progression

Post by Startingover2019 » Thu Jan 02, 2020 3:50 pm

slow&steady123 wrote:
Wed Jan 01, 2020 6:41 pm
Hi folks,

Below is my net worth progression. It has taken some time with wife and I working hard to get here. I am missing a couple of years due to gaps in exact tracking. We have two young boys, the older one will start going to college in a couple of years; so, really have to work for another 10 odd years till both kids are out of college.

2004 $705,814
2005 $925,035
2006 $1,170,913
2007 $1,367,905
2008 $1,455,373
2009 $1,804,552
2011 $2,252,285
2012 $3,080,632
2013 $3,481,003
2014 $3,819,309
2015 $4,031,656
2016 $4,432,303
2017 $5,056,723
2019 $6,195,696

Slow&Steady!!
What are you gonna do with all that extra money in 10 years? Why do you feel like you even need to keep working? Just curious.

nguy44
Posts: 275
Joined: Sun Jul 09, 2017 1:52 pm

Re: Share your net worth progression

Post by nguy44 » Thu Jan 02, 2020 5:18 pm

nguy44 wrote:
Sat Jan 06, 2018 2:01 pm
My progression - these are year-end values unless otherwise noted:

1982, age 25: -750 (three years out of college, just got engaged, first serious look at my expenses, holy cr*p I need to make some changes)
1986, age 28: 55,306 (but 77% of that is home equity, have 1 kid with another on the way, I need to make more changes)
1989, age 31: 102,118 (home equity percent of net worth down to 67% have 401K, now looking at investing outside of 401K)
1995, age 37: 207,808 (household salary crosses $100K for the first time)
1997, age 39: 311,521 (thank you, dot-com boom)
1999, age 41: 526,396 (thank you very much, dot-com boom)
2006, age 48: 1,107,184 (we are paper millionaires! But with kids in and about to go to college, and the 2008-2009 recession coming, it won't last long)
2009, age 51: 1,329,514 (the recovery from the depths of our net worth falling below $1million)
2014, age 56: 2,098,447 (hit the paper multi-millionaire level; home equity now less that 20% of assets)
2017, age 59: 2,648,352 (cash + investments cross $2 million level, I think I am ready to retire)
Update:

6/2018, age 60: 2,744,485 - retirement net worth
12/2018, age 60: 2,720,620 (darn that stock market the 2nd half of the year)
2019, age 61: 2,923,343 (market gains + retirement cash flow spending less than the plan = a great year)

calisaver
Posts: 9
Joined: Mon Jan 08, 2018 2:33 pm

Re: Share your net worth progression

Post by calisaver » Thu Jan 02, 2020 5:34 pm

calisaver wrote:
Tue Jan 01, 2019 7:34 pm
calisaver wrote:
Mon Jan 08, 2018 2:42 pm
2012: 211k - Age 28
2013: 442k
2014: 553k
2015: 634k
2016: 802k
2017: 1.14M Age 33
2018 Update: 1.28M Age 34
2019 Update: 1.57M Age 35

Great to see other's progress on here! Age information is really useful to see how career progression/time affects things.

pepys
Posts: 149
Joined: Mon Nov 12, 2018 10:34 am

Re: Share your net worth progression

Post by pepys » Thu Jan 02, 2020 5:48 pm

[deleted]
Last edited by pepys on Tue Feb 25, 2020 12:39 am, edited 1 time in total.

coinflip
Posts: 97
Joined: Thu Nov 18, 2010 3:39 pm

Re: Share your net worth progression

Post by coinflip » Thu Jan 02, 2020 6:50 pm

history of year-end household net worth over last decade:

2010: $729k
2011: $905k
2012: $1.25mm
2013: $1.67mm
2014: $2.01mm
2015: $2.31mm
2016: missing
2017: $3.55mm
2018: $3.71mm
2019: $4.46mm

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abuss368
Posts: 19627
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Re: Share your net worth progression

Post by abuss368 » Thu Jan 02, 2020 8:35 pm

coinflip wrote:
Thu Jan 02, 2020 6:50 pm
history of year-end household net worth over last decade:

2010: $729k
2011: $905k
2012: $1.25mm
2013: $1.67mm
2014: $2.01mm
2015: $2.31mm
2016: missing
2017: $3.55mm
2018: $3.71mm
2019: $4.46mm
Impressive. Slow and steady wins the race.
John C. Bogle: Two Fund Portfolio - Total Stock & Total Bond - “Simplicity is the master key to financial success."

dcop
Posts: 158
Joined: Fri Sep 08, 2017 6:06 pm

Re: Share your net worth progression

Post by dcop » Thu Jan 02, 2020 9:05 pm

EOY 2006 NW: $478,999.31
EOY 2007 NW: $536,121.62
EOY 2008 NW: $407,109.81
EOY 2009 NW: $562,688.16
EOY 2010 NW: $666,994.26
EOY 2011 NW: $692,506.61
EOY 2012 NW: $816,233.12
EOY 2013 NW: $1,055,741.82
EOY 2014 NW: $1,209,388.16
EOY 2015 NW: $1,284,413.62
EOY 2016 NW: $1,472,810.72
EOY 2017 NW: $1,749,802.48
EOY 2018 NW: $1,716,265.54
Now 2019 NW: $2,133,530.82
Gain/Loss 2019 vs 2018: $417,265.29

A few variables that affected 2019:
-First Full Year of retirement
-Withdrawls from Reirement Accounts - $68,392.00
-Market Rocked

User avatar
abuss368
Posts: 19627
Joined: Mon Aug 03, 2009 2:33 pm
Location: Where the water is warm, the drinks are cold, and I don't know the names of the players!
Contact:

Re: Share your net worth progression

Post by abuss368 » Thu Jan 02, 2020 9:06 pm

dcop wrote:
Thu Jan 02, 2020 9:05 pm
EOY 2006 NW: $478,999.31
EOY 2007 NW: $536,121.62
EOY 2008 NW: $407,109.81
EOY 2009 NW: $562,688.16
EOY 2010 NW: $666,994.26
EOY 2011 NW: $692,506.61
EOY 2012 NW: $816,233.12
EOY 2013 NW: $1,055,741.82
EOY 2014 NW: $1,209,388.16
EOY 2015 NW: $1,284,413.62
EOY 2016 NW: $1,472,810.72
EOY 2017 NW: $1,749,802.48
EOY 2018 NW: $1,716,265.54
Now 2019 NW: $2,133,530.82
Gain/Loss 2019 vs 2018: $417,265.29

A few variables that affected 2019:
-First Full Year of retirement
-Withdrawls from Reirement Accounts - $68,392.00
-Market Rocked
Well done and congrats on retirement.
John C. Bogle: Two Fund Portfolio - Total Stock & Total Bond - “Simplicity is the master key to financial success."

crg11
Posts: 468
Joined: Sat Jan 04, 2014 8:16 am

Re: Share your net worth progression

Post by crg11 » Thu Jan 02, 2020 9:30 pm

2013 (EOY) - $67,188.55 (Age 31)
2014 (EOY) - $100,111.69
2015 (EOY) - $160,178.09
2016 (EOY) - $254,650.84
2017 (EOY) - $322,443.67
2018 (EOY) - $390,562.23
2019 (EOY) - $555,862.82 (Age 37)

Aggressive investments (maxed out my 401k and my/SO's IRAs since 2015), savings, and paying down debt (last college loan done as of Nov 2019!) has us with a rather healthy balance sheet. We just have the mortgage and a super low interest car loan left for debt.

I think we will cross $600k easily in 2020, assuming the market continues to do ok. Suddenly $750k and $1 million milestones don't seem so far away in the great scheme of things. Miles to go, but on the right track.

A big question mark for 2020 is if we move into a new house (growing, young family in a starter home with 1 bathroom = a increasingly tough situation), which will mean selling some of our assets for the down payment and regardless taking on additional debt from a larger mortgage.

quarterstock
Posts: 37
Joined: Sun May 31, 2009 6:37 am

Re: Share your net worth progression

Post by quarterstock » Thu Jan 02, 2020 10:24 pm

How about a slightly different twist on net worth progression by flipping the numerator and denominator? :)

Code: Select all

1st million:   Oct-03 to Mar-11:  7.4 years   My SINK phase
2nd million:   Mar-11 to Jun-14:  3.3 years   Our DINK phase
3rd million:   Jun-14 to Sep-17:  3.3 years   Our DI2K phase
4th million:   Sep-17 to Dec-19:  2.3 years   Our HENRY phase
5th million:   Dec-19 to Jan-20:  0.1 years   Just starting our WBSTW phase (wealthy but still working)
Started tracking at 23, joined BH at 29, married at 30, and 40 today.

AlphaLess
Posts: 2618
Joined: Fri Sep 29, 2017 11:38 pm
Location: Kentucky

Re: Share your net worth progression

Post by AlphaLess » Thu Jan 02, 2020 10:37 pm

SeaToTheBay wrote:
Thu Jan 02, 2020 12:15 pm
SeaToTheBay wrote:
Wed Jan 03, 2018 1:07 pm
2006: 47k. Graduated college, bought condo 50/50 with parents (bad timing, good location - still have it and renting out). Had saved all money from birthdays, Christmas, etc. since I was 5, mutual fund since 10, usually $300/mo from HS/college side jobs into a Roth IRA. My parents set me up well with regards to a saving mindset! :)
2007: 81k (age 23, first full year of employment, four-figure college debt due to parents' help, working during college, and low in-state tuition)
2008: 89k (saved 39k and lost 40k in investments... like pouring water into a strainer :x )
2009: 109k
2010: 164k
2011: 157k (started full-time MBA)
2012: 72k
mid-2013: 56k (graduated MBA along with now-wife, started work again, 110k in student loans :| )
2013: 95k
2014: 161k
2015: 270k single / 432k married :D
2016: 657k married (bought townhouse in HCOL area)
2017: 1,125k, finished paying off student loans
2018: 1,434k
2019: 1,818k
Updated for 2019.
Nice progression. 10x (from 161 to 1818) in 5 years.
May you have another 10x in the next 5.
"A Republic, if you can keep it". Benjamin Franklin. 1787. | Party affiliation: Vanguard. Religion: low-cost investing.

AlphaLess
Posts: 2618
Joined: Fri Sep 29, 2017 11:38 pm
Location: Kentucky

Re: Share your net worth progression

Post by AlphaLess » Thu Jan 02, 2020 10:39 pm

quarterstock wrote:
Thu Jan 02, 2020 10:24 pm
How about a slightly different twist on net worth progression by flipping the numerator and denominator? :)

Code: Select all

1st million:   Oct-03 to Mar-11:  7.4 years   My SINK phase
2nd million:   Mar-11 to Jun-14:  3.3 years   Our DINK phase
3rd million:   Jun-14 to Sep-17:  3.3 years   Our DI2K phase
4th million:   Sep-17 to Dec-19:  2.3 years   Our HENRY phase
5th million:   Dec-19 to Jan-20:  0.1 years   Just starting our WBSTW phase (wealthy but still working)
Started tracking at 23, joined BH at 29, married at 30, and 40 today.
I like the HENRY. My all-time favorite word.
Gotta increase the tracking goals. E.g., from 0 to 1 is very hard. From 4 to 5, not so much.

From 5 to 10?
"A Republic, if you can keep it". Benjamin Franklin. 1787. | Party affiliation: Vanguard. Religion: low-cost investing.

AlphaLess
Posts: 2618
Joined: Fri Sep 29, 2017 11:38 pm
Location: Kentucky

Re: Share your net worth progression

Post by AlphaLess » Thu Jan 02, 2020 10:42 pm

5th_Dimension wrote:
Wed Jan 01, 2020 8:00 pm
Update for 2019.

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
2018 $723,000
2019 $972,000
Nice and congrats!

This should be a case study on how bad debt is.
Hard to get rid of.
Also, when you have assets: they multiply.
"A Republic, if you can keep it". Benjamin Franklin. 1787. | Party affiliation: Vanguard. Religion: low-cost investing.

CFOKevin
Posts: 134
Joined: Sat Jan 04, 2014 4:07 pm

Re: Share your net worth progression

Post by CFOKevin » Thu Jan 02, 2020 10:59 pm

Updating for Retirement

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
2017 $2,938K
2018 $2,916K
2019 $3,617K age 58 and retired :)

Cheers,

Kevin

AlphaLess
Posts: 2618
Joined: Fri Sep 29, 2017 11:38 pm
Location: Kentucky

Re: Share your net worth progression

Post by AlphaLess » Thu Jan 02, 2020 11:04 pm

finite_difference wrote:
Mon Dec 30, 2019 12:02 am
Based on these time-series, and the “basic cost of
living thread where the average cost of food is $400/month for a family of 4”, I think Bogleheads can safely go 100% bonds, retire a decade or three early and rest assured that running out of money is nothing to ever worry about. :beer

I am pretty much just getting started but I predict own time-series will be something like +$35k/year, with whatever the market brings given a 90/10 AA.
Good observation.

I, for one, regret not spending more money in my younger years.
"A Republic, if you can keep it". Benjamin Franklin. 1787. | Party affiliation: Vanguard. Religion: low-cost investing.

bltn
Posts: 746
Joined: Mon Feb 20, 2017 9:32 pm

Re: Share your net worth progression

Post by bltn » Thu Jan 02, 2020 11:58 pm

abuss368 wrote:
Thu Jan 02, 2020 8:35 pm
coinflip wrote:
Thu Jan 02, 2020 6:50 pm
history of year-end household net worth over last decade:

2010: $729k
2011: $905k
2012: $1.25mm
2013: $1.67mm
2014: $2.01mm
2015: $2.31mm
2016: missing
2017: $3.55mm
2018: $3.71mm
2019: $4.46mm
Impressive. Slow and steady wins the race.
A net worth that doubles twice in seven years is only slow by Bogleheads standards.😉

CarpeDiem22
Posts: 258
Joined: Tue May 22, 2018 11:20 pm

Re: Share your net worth progression

Post by CarpeDiem22 » Fri Jan 03, 2020 4:36 am

CarpeDiem22 wrote:
Wed Jan 02, 2019 4:20 am
CarpeDiem22 wrote:
Fri Aug 10, 2018 1:01 am
Coming from a low income-low expense country, I need only about USD 220K to retire. Here is how my NW has moved:

All amounts as on 31st Dec, in USD at current exchange rate (Aug 2018):

2013: 6K (age 27, fresh out of post-grad)
2014: 16K (age 28)
2015: 23K (age 29)
2016: 32K (age 30)
2017: 40K (age 31)
2018 YTD: 50K (still 31)

My wife has about 18K additional, so we're total at 68K, about 31% done towards goal. Never had more than 10% equity exposure before Jan 2017 due to lack of knowledge.
2018: 54K (age 32) (wife has 21K, so total at 75K).
2019: 95K (combined with DW)

texaslsufan225
Posts: 3
Joined: Thu Jan 02, 2020 3:30 pm

Re: Share your net worth progression

Post by texaslsufan225 » Fri Jan 03, 2020 4:36 pm

I only really started tracking this last year, so the earlier years are just approximations. Married couple, mid to late-30s, 3 small kids. MCOL area. This includes home equity.

2008: -$80,000 (graduated grad school; age 26)
2009 -$50,000
2010 -$10,000 (bought first home) (first year i was allowed to contribute to a 401k)
2011 $30,000
2012 $95,000
2013 $165,000 (finished paying off all student loans)
2014 $210,000
2015 $380,000 (sold first home; $150,000 capital gain due to appreciation)
2016 $480,000
2017 $650,000
2018 $675,000 (had a -5.8% return that year in our retirement accounts)
2019 $963,000 (had a 29.3% return that year in our retirement accounts :D :D )

Pretty encouraging to see some of the progressions in here. Recognize that we also started investing at the best possible time when valuations were really low and have ridden this bull market. A little concerned that we will not see similar returns this decade (and that we may see a big drop :shock: But that's nothing we can control.

SurfCityBill
Posts: 542
Joined: Tue May 01, 2012 10:15 pm

Re: Share your net worth progression

Post by SurfCityBill » Fri Jan 03, 2020 5:03 pm

mattshwink wrote:
Wed Jan 01, 2020 8:17 pm
January 1, 2010: $274,575.39
January 1, 2011: $390,550.76
January 1, 2012: $432,760.24
January 1, 2013: $612,438.00
January 1, 2014: $828,576.98
January 1, 2015: $1,120,689.09
January 1, 2016: $1,220,777.29
January 1, 2017: $1,169,978.45
January 1, 2018: $1,428,592.40
January 1, 2019: $1,388,467.32
January 1, 2020: $1,831,778.49
Could you be a little more specific please? :D

User avatar
DarkNyte
Posts: 30
Joined: Mon May 18, 2015 10:15 am

Re: Share your net worth progression

Post by DarkNyte » Sat Jan 04, 2020 2:14 am

May 2009 ($106k) Finished Med School
Aug 2014 ($26k) Finished fellowship
Dec 2014 ($9k)
Dec 2015 $210k First year of positive net worth since college, all student loans paid off
Dec 2016 $444k First year debt free since college
Dec 2017 $646k
Dec 2018 $819k
Dec 2019 $1,285k Million Dollar Milestone Crossed for the first time

Updated for year end 2019 (Current Age 36)

User avatar
gucciSeagull
Posts: 2
Joined: Sat Jan 04, 2020 2:11 am

Re: Share your net worth progression

Post by gucciSeagull » Sat Jan 04, 2020 2:51 am

2015: -$19k — first job & living at home with family
2016: $38k — still living at home with family
2017: $144k — made some nice gains with bitcoin and bought my first residence
2018: $147k — didn't save that much this year...
2019: $228k — moved, and got a higher paying job

larry82
Posts: 92
Joined: Tue Nov 23, 2010 12:57 pm

Re: Share your net worth progression

Post by larry82 » Sat Jan 04, 2020 11:23 am

Final EOY results at 2019-12-31:

2010 - $320,000 (29 years old)
2011 - $579,000
2012 - $1,221,000
2013 - $1,876,000
2014 - $2,307,000
2015 - $2,908,000
2016 - $3,861,000
2017 - $4,881,000
2018 - $5,376,000
2019 - $7,293,000

Almost +2mm in 2019, incredible year !

holycow007
Posts: 117
Joined: Sun Aug 19, 2012 10:23 pm

Re: Share your net worth progression

Post by holycow007 » Sat Jan 04, 2020 12:35 pm

larry82 wrote:
Sat Jan 04, 2020 11:23 am
Final EOY results at 2019-12-31:

2010 - $320,000 (29 years old)
2011 - $579,000
2012 - $1,221,000
2013 - $1,876,000
2014 - $2,307,000
2015 - $2,908,000
2016 - $3,861,000
2017 - $4,881,000
2018 - $5,376,000
2019 - $7,293,000

Almost +2mm in 2019, incredible year !
Impressive!

holycow007
Posts: 117
Joined: Sun Aug 19, 2012 10:23 pm

Re: Share your net worth progression

Post by holycow007 » Sat Jan 04, 2020 1:55 pm

Networth progression and life decisions/changes


2007 - $0K (got job. married-Single income-bought high priced used luxury car,condo at height of market. 401K minimum contribution & started Roth)

2008 - $25K (minimum match 401K contribution and savings)

2009- $50K( minimum match 401K contribution and savings)

2010- $80K (had a kid.Unplanned but positive outcome.Promotion at work. minimum match 401K contribution and savings)

2011- $100K- guess.didn't track (Hunker down - minimum match 401K contribution and savings_

2012- $125K - guess. didn't track (got back into market with Roth reinvesting.I know - late)

2013 - $150K- guess. didn't track (Promotion at work. Upped 401K contribution.Started IRA for wife. savings for house)

2014- $250K- guess.didn't track (continued 401K, Max IRAs, savings for house)

2015- $350K - guess.didn't track (Kid in school & wife joins workforce, promotion at work, bought a house, rented condo, replaced old gas guzzler luxury car with hybrid, bought a small second car for new driver - year of change. Max one 401K and both Roths)

2016 - $500K (Max both 401Ks and Roths)

2017: $700K (Cave in to kid pressure and got a dog->positive outcome. Promotion at work. upgraded wife's car. Sold Condo. Max both 401Ks. No Roths. More taxable investing)

2018-$900K- guess.didn't track.(Wife got the hybrid and replaced wife's car for myself.
Not the most boglehead way i guess. Silver-lining is all were pre-owned and math shows I spent $55K between buying & selling in last 12 years and have two paid off 70K mileage cars. Hoping to put a stop to this for atleast 3 years.)

2019-$1.1M (finally 6 figures. Promotion at work)

Compound
Posts: 779
Joined: Mon May 26, 2014 1:32 pm

Re: Share your net worth progression

Post by Compound » Sat Jan 04, 2020 2:10 pm

CFOKevin wrote:
Thu Jan 02, 2020 10:59 pm
Updating for Retirement

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
2017 $2,938K
2018 $2,916K
2019 $3,617K age 58 and retired :)

Cheers,

Kevin
Thanks for sharing. Your data are very interesting to see, as they go quite far back. You can really see the effects of the circa 2002 and 2008 crashes on your net worth. I’d be interested in hearing what watching your net worth plummet like that felt like at the time for you. Many of the other posters in this thread are only posting data from the roaring 2010s — I very much wonder what reaction people will have when the next market crash causes their net worth plummet.

Paradise
Posts: 56
Joined: Mon Dec 18, 2017 6:15 am

Re: Share your net worth progression

Post by Paradise » Sat Jan 04, 2020 2:24 pm

I don't have great record keeping prior to 2017. It was this year that I became a bogler, stopped screwing around with bad investments / no investing, and got married.

35: Dec 2017: 541,489
36: Dec 2018: 857,233
37: Dec 2019: 1,085,878

justcruisin
Posts: 11
Joined: Wed Nov 01, 2017 1:59 pm

Re: Share your net worth progression

Post by justcruisin » Sat Jan 04, 2020 2:41 pm

2006 = -$30,000 (college grad, loans and new car)
2007 = -$10,000
2008 = -$0
2009 = $20,000
2010 = $25,000
2011 = $60,000 (with current partner, 2012 onward is combined)
2012 = $300,000 (bought first house)
2013 = $400,000
2014 = $600,000
2015 = $800,000 (HELOC 200k, bought second house)
2016 = $1.3m
2017 = $1.8m (paid off HELOC)
2018 = $2.1m
2019 = $2.8m

Number from before 2015 are guesses. What contributed to the growth was 1. the right partner + support (he made more early on, I make more now), 2. partner's house purchase in VHCOL area in 2012, 3. exponential increase in income starting in 2015, 4. my company contribution of up to $36,000 per year (in additional to personal 401k max). and 5. significant appreciation in housing market.

Also now budget and in more control of our finances because of this site :).

CFK
Posts: 26
Joined: Fri Oct 06, 2017 11:06 am

Re: Share your net worth progression

Post by CFK » Sat Jan 04, 2020 3:18 pm

12/2009 - ($10,000) Graduate college.
12/2010 - $0 Scrape by on multiple unskilled dead end jobs, live paycheck to paycheck, but manage to pay off student loan
12/2011 - ($20,000) First year grad school, scholarship covers most costs
12/2012 - ($40,000)
12/2013 - ($60,000)
12/2014 - ($60,000) Graduate, intro job
12/2015 - ($10,000) Get married, spouse makes six figures, dual income no kids
12/2016 - $64,000 Loans paid off. (Total savings = roughly 12 months expenses.)
12/2017 - $170,000 Move to HCOL area, get job at large firm (Total savings = roughly 26 months expenses)
12/2018 - $340,000 - (Total Savings = Roughly 48 month expenses)
12/2019 - $560,000 - First child born. Move to 2 bedroom apartment. Daycare costs. 529 plan. (Total Savings = 51 months expenses)

Second kid on the way in 2020. Big choices to be made about child care (2 kids in daycare costs about $4k per month), and whether to move to a 3 bedroom apartment in the city (roughly $4200) or move outside the city but purchase a car and endure a commute.

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