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
l1am
Posts: 237
Joined: Wed Mar 02, 2016 2:27 pm

Re: Share your net worth progression

Post by l1am » Sun Jan 12, 2020 6:51 pm

SouthernFIRE wrote:
Sat Jan 11, 2020 9:03 pm
I’ll play. 2008-2012 are rough estimates. Net worth skewed by outlier income years in last two years (not repeatable). Looking back, did poorly on the saving/investing front in early career. Spent too much; didn’t maximize use of tax preferred vehicles; made all the standard behaviorial mistakes.Bailed out by income luck, but BH foundation is in place now.

Year NW HH Income
2008 (100,000) 90,000 graduated law school
2009 (75,000) 90,000 buy a house
2010 (50,000) 175,000 got married
2011 (25,000) 220,000 new job at larger firm
2012 50,000 210,000
2013 120,000 240,000 new job at small firm; kid #1 born
2014 175,000 270,000
2015 350,000 260,000
2016 650,000 250,000 partner in new law firm; kid #2 born
2017 850,000 350,000
2018 1.6 mil 1.3 mil
2019 3.6 mil 2.8 mil
What age are you, probably have enough to retire?

Rey
Posts: 5
Joined: Sat Jan 13, 2018 7:23 pm

Re: Share your net worth progression

Post by Rey » Sun Jan 12, 2020 6:56 pm

2005 - $0
2010 - $1MM
2015 - $3.5 MM
2019 - $9.5MM

In tech and 40 years old.

klondike
Posts: 15
Joined: Thu Jan 10, 2019 6:58 pm

Re: Share your net worth progression

Post by klondike » Sun Jan 12, 2020 9:55 pm

l1am wrote:
Sat Jan 11, 2020 1:24 pm
Olemiss540 wrote:
Sat Jan 11, 2020 8:34 am
Depressing? You are a half millionaire at age 31. Guessing you are in the top 2-3% by age in the US and top .1% by age in the world. Congrats! You are one making this thread depressing for others lol.
This place has such bizarre standards.
This place motivates me to continue working. :oops: :mrgreen:

indexlover
Posts: 133
Joined: Mon May 11, 2015 10:39 am

Re: Share your net worth progression

Post by indexlover » Sun Jan 12, 2020 10:22 pm

Rey wrote:
Sun Jan 12, 2020 6:56 pm
2005 - $0
2010 - $1MM
2015 - $3.5 MM
2019 - $9.5MM

In tech and 40 years old.
10MM at 48 ? Hmm. Should be 10MM in March this year. Would love to hear if you plan to make any changes to your portfolio AA and your future plans in a new post.
“If a statue is ever erected to honor the person who has done the most for American investors, the hands-down choice should be Jack Bogle.” - Mr. Buffett - Berkshire Hathaway ’s 2016 annual report.

sambb
Posts: 2725
Joined: Sun Mar 10, 2013 3:31 pm

Re: Share your net worth progression

Post by sambb » Sun Jan 12, 2020 10:30 pm

this thread is really interesting, and shows some amazing savings

jxlegend
Posts: 2
Joined: Fri Jan 03, 2020 8:01 pm

Re: Share your net worth progression

Post by jxlegend » Sun Jan 12, 2020 10:36 pm

Rey wrote:
Sun Jan 12, 2020 6:56 pm
2005 - $0
2010 - $1MM
2015 - $3.5 MM
2019 - $9.5MM

In tech and 40 years old.
Would you also mind posting your salary/how much you invested? Thank you!

Vihoo
Posts: 38
Joined: Wed Jun 05, 2019 11:48 pm

Re: Share your net worth progression

Post by Vihoo » Mon Jan 13, 2020 1:43 am

z9852 wrote:
Thu Jan 02, 2020 2:28 am
Updating for end of 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
How would those rental properties be today had you held them?

Vihoo
Posts: 38
Joined: Wed Jun 05, 2019 11:48 pm

Re: Share your net worth progression

Post by Vihoo » Mon Jan 13, 2020 2:14 am

Fun to read this thread. Especially for those of us early on in our careers. It’s difficult to determine where you’ll end up! Now I want to predict where I’ll be by Dec 2020.

High earned income early on seems to accelerate the trajectory more so than any recession, ot bull market. Probably just stating the obvious here...

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

Re: Share your net worth progression

Post by z9852 » Mon Jan 13, 2020 2:16 am

Vihoo wrote:
Mon Jan 13, 2020 1:43 am
z9852 wrote:
Thu Jan 02, 2020 2:28 am
Updating for end of year (age 32 in 2020):

(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
How would those rental properties be today had you held them?
I'm in the Seattle area - rents have been pretty flat for a while now, so I'm still happy with the decision to sell at that time. Looks like Zillow says the property value is up about 6% for one, and the other about 3%.

Vihoo
Posts: 38
Joined: Wed Jun 05, 2019 11:48 pm

Re: Share your net worth progression

Post by Vihoo » Mon Jan 13, 2020 2:30 am

z9852 wrote:
Mon Jan 13, 2020 2:16 am
Vihoo wrote:
Mon Jan 13, 2020 1:43 am
z9852 wrote:
Thu Jan 02, 2020 2:28 am
Updating for end of year (age 32 in 2020):

(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
How would those rental properties be today had you held them?
I'm in the Seattle area - rents have been pretty flat for a while now, so I'm still happy with the decision to sell at that time. Looks like Zillow says the property value is up about 6% for one, and the other about 3%.
I’m in a near identical situation to you in 2017.
3 properties in a great market (Vegas).
Somewhat RE heavy portfolio.
Appreciation really took off, rents not so much.
Internal debate on whether to sell or not...

Rey
Posts: 5
Joined: Sat Jan 13, 2018 7:23 pm

Re: Share your net worth progression

Post by Rey » Mon Jan 13, 2020 5:25 pm

jxlegend wrote:
Sun Jan 12, 2020 10:36 pm
Rey wrote:
Sun Jan 12, 2020 6:56 pm
2005 - $0
2010 - $1MM
2015 - $3.5 MM
2019 - $9.5MM

In tech and 40 years old.
Would you also mind posting your salary/how much you invested? Thank you!
Info on my portfolio is here. Thread also has info on expenses at a high level. We are a double income frugal family.

viewtopic.php?f=1&t=237940

angelescrest
Posts: 1037
Joined: Tue May 27, 2008 10:48 am
Location: Texas

Re: Share your net worth progression

Post by angelescrest » Tue Jan 14, 2020 12:19 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.
What was the makeup of your portfolio? You had very steady growth...this post is one of my favorite of all.

rage_phish
Posts: 141
Joined: Thu Jan 31, 2019 4:27 pm

Re: Share your net worth progression

Post by rage_phish » Tue Jan 14, 2020 12:54 am

Beaker12 wrote:
Sun Jan 12, 2020 9:55 am
Here are our figures. Wish I had noted down the figures from earlier years from Mint before I removed the investment accounts from it. Update: Followed the post below's advice and found a few more years in the Mint emails. It took 20 years of saving to reach the 1 million mark.

These figures are Jan 1 for each year.

Year | Age | Net Worth
2011 | 36 | 460,000
2012 | 37 | 499,000
2013 | 38 | 682,890
2014 | 39 | 681,880
2015 | 40 | 825,000 (Estimated)
2016| 41 | 1,025,000
2017 | 42 | 1,190,000
2018 | 43| 1,405,000
2019 | 44 | 1,602,000
2020 | 45 | 1,978,000

I’m 36 with a net worth of right around $460k

I love seeing this progression

Frezio
Posts: 22
Joined: Tue Jul 08, 2014 3:21 pm

Re: Share your net worth progression

Post by Frezio » Tue Feb 04, 2020 4:32 pm

Just finished updating my budget for the month where I also track my net worth progression and realized that this month marks the exact 10 year anniversary since I've been tracking my financials every month in excel.

I started tracking our household net worth right after my wife and I got married in our late 20s - fast forward 10 years later and we've bought a house, had some kids and have had a blast the whole way.

I wanted to upload the graph but couldn't figure out how to do that, so here are the raw numbers:

Jan 2010: $530k (Late 20s)
Jan 2011: $727k
Jan 2012: $837k
Jan 2013: $1,045k
Jan 2014: $1,269k
Jan 2015: $1,627k
Jan 2016: $1,745k
Jan 2017: $2,163k
Jan 2018: $2,708k
Jan 2019: $2,757k
Jan 2020: $3,243k (late 30s)

Here's to seeing how the next 10 years unfold!

TroyMcClure
Posts: 88
Joined: Sun Aug 31, 2014 6:13 am
Location: Germany

Re: Share your networth progression

Post by TroyMcClure » Thu Feb 13, 2020 6:02 am

TroyMcClure wrote:
Mon Feb 06, 2017 5:15 am
2001: ~€10k
2003: ~€20k
2004: ~€15k
2007: ~€10k
2008: ~€6k
2010: ~€50k
2012: ~€100k
31.12.2014: €175k
31.12.2015: €246k
31.12.2016: €321k
31.12.2017: €366k
31.12.2018: €385k
31.12.2019: €498k
Now updated with the last 3 years of data. 2018 in particular wasn't great in terms of net worth progression due to a -5.6%IRR on my investment portfolio, though I did manage to invest a lot that year (relatively on the cheap then). What goes down must come up again and it definitely showed in 2019 with my biggest upswing to date, that's like a 29% increase. Of course that's mostly due to a bull market, but on the more important KPI my savings rate has increased from 44.8% to 50.8% on my net salary. I'm very happy with that.

student
Posts: 4484
Joined: Fri Apr 03, 2015 6:58 am

Re: Share your net worth progression

Post by student » Thu Feb 13, 2020 8:27 am

Rey wrote:
Sun Jan 12, 2020 6:56 pm
2005 - $0
2010 - $1MM
2015 - $3.5 MM
2019 - $9.5MM

In tech and 40 years old.
Wow. Very impressive.

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