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
iamlucky13
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Joined: Sat Mar 04, 2017 5:28 pm
Location: Western Washington

Re: Share your net worth progression

Post by iamlucky13 »

alexL wrote: Sat Jan 02, 2021 1:38 am For reference, here is the latest professional study for the retirement savings by age:

https://dqydj.com/retirement-savings-by-age/

Most people on this forum are definitely well beyond median numbers. The website provides a calculator to calculate your percentile.
That is a very interesting link. Thanks for sharing!

I'm not keen on sharing my personal details, but suffice to say, I feel much better about my personal financial situation comparing it to the data in that link than the figures self-reported in this thread.

I previously had known how our retirement savings compared with the median and average, but our actual percentile is a little better than I realized.
stoptothink
Posts: 9436
Joined: Fri Dec 31, 2010 9:53 am

Re: Share your net worth progression

Post by stoptothink »

iamlucky13 wrote: Thu Apr 15, 2021 7:37 pm
alexL wrote: Sat Jan 02, 2021 1:38 am For reference, here is the latest professional study for the retirement savings by age:

https://dqydj.com/retirement-savings-by-age/

Most people on this forum are definitely well beyond median numbers. The website provides a calculator to calculate your percentile.
That is a very interesting link. Thanks for sharing!

I'm not keen on sharing my personal details, but suffice to say, I feel much better about my personal financial situation comparing it to the data in that link than the figures self-reported in this thread.

I previously had known how our retirement savings compared with the median and average, but our actual percentile is a little better than I realized.
I wouldn't be surprised if the majority of regular posters on this board are in the 99th percentile based on that data. We are, and I generally feel downright poor in most of these threads. Eye opening.
financeguy88
Posts: 86
Joined: Thu Feb 23, 2017 3:58 pm

Re: Share your net worth progression

Post by financeguy88 »

financeguy88 wrote: Sun Dec 27, 2020 9:30 pm
financeguy88 wrote: Sat Nov 02, 2019 9:55 am 2006: -25k (graduated college, owed parents money for a car, got a job in investment banking)
2007: 75k (moved to a direct investing role, performed well)
2008: 250k
2009: 650k
2010: 700k (left a good role to help start a company, bad career move in hindsight)
2011: 725k
2012: 750k
2013: 1.1M (changed jobs again, re-joined a more stable, performed very well to date)
2014: 1.3M
2015: 2.2M
2016: 3.5M
2017: 5.5M
2018: 5.8M
present: ~6.7M

In my mid-30's now, I've had financial success by working hard / being competitive high achiever most of my life, as well as being lucky and finding a career in finance that I'm passionate about and good at, but that also pays a lot. Also I've cumulatively spent only about 11% of my pre-tax wage income and paid about 44% in income taxes, so saved about 45% of pre-tax income. I've also in my view made some big mistakes given the great opportunities I've been given, such as investing way too conservatively for many years, and leaving a very high paying job to do something more entrepreneurial. I would recommend my career path only to someone who is very passionate about finance and willing to do whatever it takes, as it is stressful / filled with a lot of uncertainty, and not as lucrative as it used to be.
present (end of 2020): $8M to $8.8M range depending on taxes and other factors but the "snapshot in time" numbers don't really tell the story. This year has been the craziest of my life financially and one of the craziest overall
A new milestone -- Crossed into 8 figures sometime in the last month or two, mostly courtesy of Jay Powell & his comrades. No one else to celebrate with except my wife. I'll admit it feels great in the moment, like a heavy weight being lifted, as this has always been my number to walk away for a while. I have to remind myself that purchasing power isn't up that much over the last year given all the inflation we're seeing.
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willthrill81
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Location: USA

Re: Share your net worth progression

Post by willthrill81 »

stoptothink wrote: Thu Apr 15, 2021 7:45 pmWe are, and I generally feel downright poor in most of these threads.
'Enough is as good as a feast.'
-British proverb
“Good and ill have not changed since yesteryear; nor are they one thing among Elves and Dwarves and another among Men.” J.R.R. Tolkien, The Lord of the Rings
ShadowRegent
Posts: 152
Joined: Sun Jan 04, 2015 12:52 pm

Re: Share your net worth progression

Post by ShadowRegent »

2009 - (179,925)
2010 - (187,658)
2011 - (159,240)
2012 - 75,812
2013 - 82,600
2014 - 190,525
2015 - 593,948
2016 - 619,152
2017 - 961,556
2018 - 966,365
2019 - 1,288,725
2020 - 1,616,389
YTD - 1,827,131

My wife and I went to an expensive college and graduated with a fair bit of student loan debt (I don't recommend this path). I got lucky with company stock-- a recapitalization allowed me to cash some shares out in 2012 to dig us out of debt. In 2015, the company was acquired and I found myself with a meaningful amount of money to invest for the first time in my life. I discovered Bogleheads around that time in 2015, and we've been building momentum since then!
93Boiler
Posts: 8
Joined: Sun Sep 13, 2020 8:24 pm

Re: Share your net worth progression

Post by 93Boiler »

Currently 50 yrs. old. Started tracking year-end Net Worth in 2009

2009 - $857,104
2010 - $911,820
2011 - $1,056,369
2012 - $1,244,359
2013 - $1,601,768
2014 - $1,843,230
2015 - $2,024,962
2016 - $2,209,337
2017 - $2,682,217
2018 - $2,813,703
2019 - $3,409,406
2020 - $4,575,102
2021 YTD - $5,019,532

About $330 in paid for home and another $220 in the kids 529s (their school is covered). Considering retiring in the next couple of years but like many others, not quite sure if we enough to enjoy the retirement we would like
sc9182
Posts: 494
Joined: Wed Aug 17, 2016 7:43 pm

Re: Share your net worth progression

Post by sc9182 »

93Boiler wrote: Sun Apr 18, 2021 7:35 pm Currently 50 yrs. old. Started tracking year-end Net Worth in 2009

2009 - $857,104
2010 - $911,820
2011 - $1,056,369
2012 - $1,244,359
2013 - $1,601,768
2014 - $1,843,230
2015 - $2,024,962
2016 - $2,209,337
2017 - $2,682,217
2018 - $2,813,703
2019 - $3,409,406
2020 - $4,575,102
2021 YTD - $5,019,532

About $330 in paid for home and another $220 in the kids 529s (their school is covered). Considering retiring in the next couple of years but like many others, not quite sure if we enough to enjoy the retirement we would like
That’s amazing progress and investing discipline!!

You prolly saving/investing 150-200k a year to get this type of portfolio growth — mostly in stock !? (Or that your contributions ought to be even higher).

Great !!
93Boiler
Posts: 8
Joined: Sun Sep 13, 2020 8:24 pm

Re: Share your net worth progression

Post by 93Boiler »

sc9182 wrote: Sun Apr 18, 2021 8:17 pm
93Boiler wrote: Sun Apr 18, 2021 7:35 pm Currently 50 yrs. old. Started tracking year-end Net Worth in 2009

2009 - $857,104
2010 - $911,820
2011 - $1,056,369
2012 - $1,244,359
2013 - $1,601,768
2014 - $1,843,230
2015 - $2,024,962
2016 - $2,209,337
2017 - $2,682,217
2018 - $2,813,703
2019 - $3,409,406
2020 - $4,575,102
2021 YTD - $5,019,532

About $330K in paid for home and another $220K in the kids 529s (their school is covered). Considering retiring in the next couple of years but like many others, not quite sure if we have enough to enjoy the retirement we would like
That’s amazing progress and investing discipline!!

You prolly saving/investing 150-200k a year to get this type of portfolio growth — mostly in stock !? (Or that your contributions ought to be even higher).

Great !!
Thanks!

I am fortunate to have a job where I get both a nice bonus and equity each year. The stock has done well, particularly in the past 5 years and I have had a couple of large lots vest in that timeframe. I sell what stock I can and it, together with my bonus, gets invested. My wife's father made her fund her IRA in high school and we max out tax advantaged accounts. We have always lived beneath our means, including driving modest cars until the wheels fall off. Although, I tell my wife on regular basis, I might just come home with a new mid-engine Corvette :D It feels good to know that our daughters' college is funded and we have set aside money for their weddings. Next step is determining when to retire.
maxine-thames
Posts: 2
Joined: Sat Apr 24, 2021 12:03 am

Re: Share your net worth progression

Post by maxine-thames »

2013: $60K (by myself, just met my husband)
2015: $60K (by myself, paid off my MBA)
2016: $500K (combined myself and my husband)
2017: $1M (combined, both working and completely paid off my MBA debt)
2018: $1.5M
2019: $2.0M
2020: $2.8M
2021: $3.4M (the stock market is crazy)

Apparently according to this (https://www.fatfirewoman.com/net-worth-age/) I am in the top 1% of net worth. Just unbelievable.

I have a scary feeling it's all going to crash.
Clammypollack
Posts: 43
Joined: Tue Jul 28, 2020 4:47 pm

Re: Share your net worth progression

Post by Clammypollack »

1970’s. Homeless, parents died and broke
1980’s. Employed, bought small home and broke
1990’s. Same job, bigger house, family and small savings Acct/retirement Acct. Max 401k.
2000’s. Same job, house and family. Moderate savings and retirement Acct. Max 401k
2010’s. Same everything but savings and retirement hit 1 mil. Max 401k
2020’s. Same everything but savings and retirement hit multiple mil. Max 401k
lostdog
Posts: 4089
Joined: Thu Feb 04, 2016 2:15 pm

Re: Share your net worth progression

Post by lostdog »

iamlucky13 wrote: Thu Apr 15, 2021 7:37 pm
alexL wrote: Sat Jan 02, 2021 1:38 am For reference, here is the latest professional study for the retirement savings by age:

https://dqydj.com/retirement-savings-by-age/

Most people on this forum are definitely well beyond median numbers. The website provides a calculator to calculate your percentile.
That is a very interesting link. Thanks for sharing!

I'm not keen on sharing my personal details, but suffice to say, I feel much better about my personal financial situation comparing it to the data in that link than the figures self-reported in this thread.

I previously had known how our retirement savings compared with the median and average, but our actual percentile is a little better than I realized.
Thanks for the 2020 information. This is good stuff.
fanmail
Posts: 444
Joined: Thu Sep 20, 2012 5:54 pm

Re: Share your net worth progression

Post by fanmail »

Clammypollack wrote: Sat Apr 24, 2021 8:13 am 1970’s. Homeless, parents died and broke
1980’s. Employed, bought small home and broke
1990’s. Same job, bigger house, family and small savings Acct/retirement Acct. Max 401k.
2000’s. Same job, house and family. Moderate savings and retirement Acct. Max 401k
2010’s. Same everything but savings and retirement hit 1 mil. Max 401k
2020’s. Same everything but savings and retirement hit multiple mil. Max 401k
That’s a lot of hard work. Great job. Thinking of retirement yet?
Clammypollack
Posts: 43
Joined: Tue Jul 28, 2020 4:47 pm

Re: Share your net worth progression

Post by Clammypollack »

fanmail wrote: Sat Apr 24, 2021 8:38 am
Clammypollack wrote: Sat Apr 24, 2021 8:13 am 1970’s. Homeless, parents died and broke
1980’s. Employed, bought small home and broke
1990’s. Same job, bigger house, family and small savings Acct/retirement Acct. Max 401k.
2000’s. Same job, house and family. Moderate savings and retirement Acct. Max 401k
2010’s. Same everything but savings and retirement hit 1 mil. Max 401k
2020’s. Same everything but savings and retirement hit multiple mil. Max 401k
That’s a lot of hard work. Great job. Thinking of retirement yet?
Yes! Wife needs to work 2 more years to lock in health insurance at group rates so I will continue to work as well. My job is pretty pleasant, pays me too much money to do a moderate amount of work and double matches me on my 401k so no harm in that. Don’t want to wait too long to retire.
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abuss368
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Re: Share your net worth progression

Post by abuss368 »

maxine-thames wrote: Sat Apr 24, 2021 12:07 am 2013: $60K (by myself, just met my husband)
2015: $60K (by myself, paid off my MBA)
2016: $500K (combined myself and my husband)
2017: $1M (combined, both working and completely paid off my MBA debt)
2018: $1.5M
2019: $2.0M
2020: $2.8M
2021: $3.4M (the stock market is crazy)

Apparently according to this (https://www.fatfirewoman.com/net-worth-age/) I am in the top 1% of net worth. Just unbelievable.

I have a scary feeling it's all going to crash.
Congrats on the achievements. Hold enough in bonds so if the markets pull back you will not panic (and Willa causally buy more).

Tony
John C. Bogle: “Simplicity is the master key to financial success."
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abuss368
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Re: Share your net worth progression

Post by abuss368 »

93Boiler wrote: Sun Apr 18, 2021 8:58 pm
sc9182 wrote: Sun Apr 18, 2021 8:17 pm
93Boiler wrote: Sun Apr 18, 2021 7:35 pm Currently 50 yrs. old. Started tracking year-end Net Worth in 2009

2009 - $857,104
2010 - $911,820
2011 - $1,056,369
2012 - $1,244,359
2013 - $1,601,768
2014 - $1,843,230
2015 - $2,024,962
2016 - $2,209,337
2017 - $2,682,217
2018 - $2,813,703
2019 - $3,409,406
2020 - $4,575,102
2021 YTD - $5,019,532

About $330K in paid for home and another $220K in the kids 529s (their school is covered). Considering retiring in the next couple of years but like many others, not quite sure if we have enough to enjoy the retirement we would like
That’s amazing progress and investing discipline!!

You prolly saving/investing 150-200k a year to get this type of portfolio growth — mostly in stock !? (Or that your contributions ought to be even higher).

Great !!
Thanks!

I am fortunate to have a job where I get both a nice bonus and equity each year. The stock has done well, particularly in the past 5 years and I have had a couple of large lots vest in that timeframe. I sell what stock I can and it, together with my bonus, gets invested. My wife's father made her fund her IRA in high school and we max out tax advantaged accounts. We have always lived beneath our means, including driving modest cars until the wheels fall off. Although, I tell my wife on regular basis, I might just come home with a new mid-engine Corvette :D It feels good to know that our daughters' college is funded and we have set aside money for their weddings. Next step is determining when to retire.
Awesome job! Keep pressing on.

Tony
John C. Bogle: “Simplicity is the master key to financial success."
manuvns
Posts: 945
Joined: Wed Jan 02, 2008 2:30 pm

Re: Share your net worth progression

Post by manuvns »

2000 - 100$ ( i got job)
2008 - 200k ( DW got job)
2021 - 3m ( stocks hit all time high )
Last edited by manuvns on Mon Apr 26, 2021 12:43 pm, edited 1 time in total.
coachd50
Posts: 605
Joined: Sun Oct 22, 2017 10:12 am

Re: Share your net worth progression

Post by coachd50 »

coachd50 wrote: Mon May 11, 2020 6:40 pm Including the Equity in a house (valued conservatively at just over the cost I paid)
2007 60,300
2008 79,600
2009 82,000
2010 104,500
2011 121,100
2012 141,500
2013 166,800
2014 190,500
2015 219,500
2016 256,000
2017 307,800
2018 327,000
2019 392,000
Current 383,000
2020 $453,000
April 2021 $506,000

Public School teacher in the South.
p281
Posts: 4
Joined: Sun Apr 18, 2021 4:18 pm

Re: Share your net worth progression

Post by p281 »

Graduated from college in 2013
Jan 2014 - ~33,000
Jan 2015 - ~95,000
Jan 2016 - ~210,000
Jan 2017 - ~320,000
Jan 2018 - ~420,000
Jan 2019 - ~590,000
Jan 2020 - ~810,000
Jan 2021 - ~1.1 mil
now - ~1.3 mil
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danbdzs
Posts: 55
Joined: Mon Feb 17, 2020 6:29 pm

Re: Share your net worth progression

Post by danbdzs »

You'll always wish you had started earlier...


2017 - 135k ---- YoY %
2018 - 180k ---- 34%
2019 - 261k ---- 45%
2020 - 335k ---- 29%
2021 - 512k ---- 53%

Insane how 2020 has been the best year.

P.D. - TC 20.5
Paradise
Posts: 155
Joined: Mon Dec 18, 2017 6:15 am

Re: Share your net worth progression

Post by Paradise »

35: Dec 2017: 541,489
36: Dec 2018: 857,233
37: Dec 2019: 1,085,878
38: Dec 2020: 1,324,755

Another big year. Was able to convert most of my bonds to stocks when the market crashed, saved 54% of salary, consistent investing.
50% VTI | 20% VXUS | 20% BND | 10% QQQ
rascott
Posts: 2652
Joined: Wed Apr 15, 2015 10:53 am

Re: Share your net worth progression

Post by rascott »

stoptothink wrote: Thu Apr 15, 2021 7:45 pm
iamlucky13 wrote: Thu Apr 15, 2021 7:37 pm
alexL wrote: Sat Jan 02, 2021 1:38 am For reference, here is the latest professional study for the retirement savings by age:

https://dqydj.com/retirement-savings-by-age/

Most people on this forum are definitely well beyond median numbers. The website provides a calculator to calculate your percentile.
That is a very interesting link. Thanks for sharing!

I'm not keen on sharing my personal details, but suffice to say, I feel much better about my personal financial situation comparing it to the data in that link than the figures self-reported in this thread.

I previously had known how our retirement savings compared with the median and average, but our actual percentile is a little better than I realized.
I wouldn't be surprised if the majority of regular posters on this board are in the 99th percentile based on that data. We are, and I generally feel downright poor in most of these threads. Eye opening.

Same. Never felt like a 1%er..

Odd/ interesting that the late 40s cohort is higher than the early 50s at the top range.
Hastur
Posts: 23
Joined: Thu Aug 06, 2020 1:14 am

Re: Share your net worth progression

Post by Hastur »

Hastur wrote: Thu Aug 06, 2020 1:17 am 35 y.o., single. No debts, no house. Work as a union janitor.

2017 - Age 32: less than 10k
2018 - Age 33: $10k - moved to us from a 3rd world country with 4k in the pocket. Started working in august. Set up my emergency fund.
2019 - Age 34: $36K good year overall
2020 - Age 35: $60k as of july. Turned 35.

Target range 800k-1.2kk. Wanna retire sometime in my 40s.
Update as of 2021 march - hit my first 100k (85/15 stocks/cash). 2020 overall was a good year despite the layoff with total gross income around 60k$. Expenses for the last 12 months as of April 2021 are about 13k$.
cbs2002
Posts: 63
Joined: Thu Feb 27, 2020 2:10 pm

Re: Share your net worth progression

Post by cbs2002 »

If I count from leaving school and include me and spouse as a household, I've gone from negative five figures to multiple M in about 23 years. Almost all earned from salaries and invested, plus one condo sale that was a nice bump at the time but is now dwarfed by our total NW. Savings is way outpaced by market fluctuations at this point and the last year has been insane.
bg5
Posts: 284
Joined: Mon Jan 15, 2018 11:07 am

Re: Share your net worth progression

Post by bg5 »

Two teachers in Midwest living far below our means....we make about $150,000 a year but live off only $100,000. We have just started doing this the last 2 years and it has made a huge difference for us.

2017 = $55,000
2018 = $114,000
2019 = $230,000
2020 = $360,000
2021 (So Far) = $440,000.....I am anticipating hitting $500,000 before 2021 is over

WHATS WEIRD IS THAT WE HAVE BEEN ABLE TO DOUBLE OUR ACCOUNTS AT LEAST EVERY TWO YEARS. I AM HOPING BY THE END OF 2020 we have over $720,000 and by 2023 we have over $1,000,000
jeg208
Posts: 63
Joined: Wed Jul 05, 2017 2:42 pm

Re: Share your net worth progression

Post by jeg208 »

jeg208 wrote: Sun May 10, 2020 1:25 pm
jeg208 wrote: Thu May 02, 2019 8:10 am Wife and I are currently age 33 and have worked our way up to $160k/year gross. Found this forum through Reddit in 2017 and fired my "advisor" the same year. He had returned 1.2% after fees from 2014-2017.

Retirement assets:
2014 - $60k
2015 - $50k
2016 - $110k
2017 - $140k
2018 - $190k
2019 - $205k YTD

NW including home equity is north of $300k. It's a grind, but I am so thankful for you all here at bogleheads. I am confident in my new trajectory.
Funny that I just thought of this thread, and it has been almost exactly a year since I posted. 2020 update:

2020 - $260k YTD

The housing market in my area shows no signs of slowing down, so that in combination with double mortgage payments has our total NW north of $450k. We are also on track to max out both our 401k contributions for the first time ever, assuming we maintain employment through this COVID-19. Gross income is right around $165k for the year.
2021 - $375k YTD

Luckily we both maintained employment through last year and maxed out our 401ks for the first time ever! Housing market is still on fire and continuing double mortgage payments, so total NW is well north of $650k. Gross income is right around $170k for the year.
iskey
Posts: 45
Joined: Fri Jan 30, 2015 1:24 pm

Re: Share your net worth progression

Post by iskey »

iskey wrote: Tue Jun 09, 2020 3:40 pm Ages 43 and 40

Combined annual income - $126k
Two kids, 18 and 10
Didn't track net worth before 2014, was paying extra on mortgage, not investing significantly. Found Bogleheads in 2015(?), was a late starter to saving/investing.

2014: $45,000
2015: $66,000
2016: $98,000
2017: $131,000
2018: $170,000
2019: $267,000
current: $307,000

I don't add my pension into my net worth figures. Maybe I should, I just never have. Pension balance currently $143,000
Update:
2014: $45,000
2015: $66,000
2016: $98,000
2017: $131,000
2018: $170,000
2019: $267,000
2020: $307,000
current: $477,000
uwbadgers
Posts: 86
Joined: Mon Aug 25, 2014 3:36 pm

Re: Share your net worth progression

Post by uwbadgers »

uwbadgers wrote: 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
updating to add in the last few years!

2018---741k
2019---808k
2020---917k
2021---1325k Sold Rental Mid 2020 (244k but had 0 mortgage) Put most into market back in July 2020
PeanutButter
Posts: 8
Joined: Tue Oct 09, 2018 11:14 am

Re: Share your net worth progression

Post by PeanutButter »

PeanutButter wrote: Thu Dec 31, 2020 9:17 am My definition of net worth is: (zillow house value + taxable investments + retirement accounts) - (mortgage + student loans)

I don't track my emergency fund, small car loan, car values, etc.

Date............NW........AGI........Other
Dec 2016.....$490k......$133k.....kid #1
Dec 2017.....$675k......$126k.....kid #2
Dec 2018.....$695k......$172k.....new job (double my salary)
Dec 2019.....$965k......$195k.....40 yrs old
Dec 2020...$1,265k......$250k.....est. AGI, refinanced twice*

*First refinance was cash out to consolidate HELOC and student loan and go from 30yr @ 3.75% with 24yrs left to 15yr @ 3.00, second refiance lowered the rate to 1.875% on 15yr

Current NW is $1,042k in investments + $640k in house - $419k in mortgage

My investments are
1% HSA
3% taxable
and the remaining is split approximately 1/3 Roth, 2/3 tax deferred

Typing this out is eye opening!!! It looks like I am doing something right!!!!!!
I hit $1.5MM last week
mattshwink
Posts: 409
Joined: Mon Sep 21, 2015 10:01 am

Re: Share your net worth progression

Post by mattshwink »

2009 $274k
2010 390k
2011 432k
2012 612k
2013 828k
2014 1.12 mil
2015 1.22 mil
2016 1.16 mil
2017 1.43 mil
2018 1.39 mil
2019 1.84 mil
2020 2.20
2021 2.4 mil (so far)

Bought first home in 2006. Sold it in in 2016 and bought current home. Roughly 50% equity of $435k.
fatcoffeedrinker
Posts: 320
Joined: Mon Mar 23, 2020 2:03 pm

Re: Share your net worth progression

Post by fatcoffeedrinker »

Year-end figures (except 2021, which is YTD). Age 52/52.

1997.....($53K)
1998.....($31K)
1999.....$100K
2000.....$123K
2001.....$191K
2002.....$295K
2003.....$336K
2004.....$386K
2005.....$978K
2006.....$1,153K
2007.....$1,316K
2008.....$1,129K
2009.....$1,628K
2010.....$1,691K
2011.....$1,800K
2012.....$1,911K
2013.....$2,166K
2014.....$2,203K
2015.....$2,271K
2016.....$2,470K
2017.....$3,149K
2018.....$3,483K
2019.....$4,745K
2020.....$6,051K
2021.....$6,820K

Plan to retire end of 2022!
ddurrett896
Posts: 1548
Joined: Wed Nov 05, 2014 3:23 pm

Re: Share your net worth progression

Post by ddurrett896 »

fatcoffeedrinker wrote: Fri Jun 04, 2021 10:24 pm 2004.....$386K
2005.....$978K
Awesome progression! What caused the big jump from 04 to 05? Thanks!
mdd
Posts: 11
Joined: Sat Jul 25, 2020 4:54 pm

Re: Share your net worth progression

Post by mdd »

fatcoffeedrinker wrote: Fri Jun 04, 2021 10:24 pm Year-end figures (except 2021, which is YTD). Age 52/52.

1997.....($53K)
1998.....($31K)
1999.....$100K
2000.....$123K
2001.....$191K
2002.....$295K
2003.....$336K
2004.....$386K
2005.....$978K
2006.....$1,153K
2007.....$1,316K
2008.....$1,129K
2009.....$1,628K
2010.....$1,691K
2011.....$1,800K
2012.....$1,911K
2013.....$2,166K
2014.....$2,203K
2015.....$2,271K
2016.....$2,470K
2017.....$3,149K
2018.....$3,483K
2019.....$4,745K
2020.....$6,051K
2021.....$6,820K

Plan to retire end of 2022!
Nice job, your progression looks a lot like ours at 49/50 now. Hard to believe in 2-3 years we could hit our high retirement number!
gougou
Posts: 370
Joined: Thu Sep 28, 2017 7:42 pm

Re: Share your net worth progression

Post by gougou »

Year end figures

2014 50K (graduated)
2015 200K (started working in Tech)
2016 700K (married & got a gift for down payment)
2017 900K
2018 1.1M
2019 1.4M
2020 3.4M (Tesla & housing boom & knife catching commercial REITs and energy MLPs)
Now 4.9M
Dakotah
Posts: 140
Joined: Sun Jun 13, 2010 9:28 pm

Re: Share your net worth progression

Post by Dakotah »

Dakotah wrote: Sun Aug 30, 2020 12:17 pm I feel compelled to share...partially because my path is so unusual...and partially to hold myself accountable for the next few years.

2000: -$12,000 ("dropped" out of college and joined the military with car debt and student loans. Income ~$13k + benefits)
2001: -$10,000 (nibbling away at debts...and had my first "investing" experience with First Command, which bilked me for 50% of my first years' deposits. This bad experience really is what drove me to start learning about investing and personal finance)
2003: +$2000 (paid off car/loans prior to being stationed overseas. Truly living hand-to-mouth on $20k income + benefits)
2004: +$18,000 (Income ~$25k...First began investing in TSP and Roth IRA w/Vanguard)
2006: +$60,000 (Income ~$30k...received a nice re-enlistment bonus while transferring into an in-demand field. Also got married)
2009: +$90,000 (Income ~$40k. I was in Iraq during the bulk of the market meltdown...which made "staying the course" much easier)
2012: +$150,000 (income ~$50k + benefits. Continuing to max 2x Roth IRA + some TSP contributions)
2015: +$250,000 ($53k income. Income potential has plateau'd for my military career. Begin devoting more efforts to preparing more for my post-military career)
Jan 2020: +$425,000 ($355k income. I retire from the military right at 20 years. My VA disability claim goes very favorably. Wife's VA disability is upgraded due to emerging issues tied to burn-pit exposure. I am incredibly fortunate to receive job offer from a household-name tech company. Almost simultaneously, spouse completes Bachelors degree and receives a full-time offer.)
Aug 2020: +$621,000 (Sticking to the plan established in January...both jobs remaining stable thus far. Saving over 40% of our income. Goal is to "retire" in approximately 10 years with a $2.5m-$3m networth + military benefits)
June 2021: +$935,000 (Hoping to reach the 2-comma club by the end of the year)
fatcoffeedrinker
Posts: 320
Joined: Mon Mar 23, 2020 2:03 pm

Re: Share your net worth progression

Post by fatcoffeedrinker »

ddurrett896 wrote: Sat Jun 05, 2021 6:40 am
fatcoffeedrinker wrote: Fri Jun 04, 2021 10:24 pm 2004.....$386K
2005.....$978K
Awesome progression! What caused the big jump from 04 to 05? Thanks!
Mostly house increase. Bought in early 2004 for $1.15M and comps were indicating $1.6M by the end of 2005. Gave a lot of that back in the subsequent years. :twisted:
Last edited by fatcoffeedrinker on Sat Jun 05, 2021 6:16 pm, edited 1 time in total.
fatcoffeedrinker
Posts: 320
Joined: Mon Mar 23, 2020 2:03 pm

Re: Share your net worth progression

Post by fatcoffeedrinker »

mdd wrote: Sat Jun 05, 2021 8:21 am
fatcoffeedrinker wrote: Fri Jun 04, 2021 10:24 pm Year-end figures (except 2021, which is YTD). Age 52/52.

1997.....($53K)
1998.....($31K)
1999.....$100K
2000.....$123K
2001.....$191K
2002.....$295K
2003.....$336K
2004.....$386K
2005.....$978K
2006.....$1,153K
2007.....$1,316K
2008.....$1,129K
2009.....$1,628K
2010.....$1,691K
2011.....$1,800K
2012.....$1,911K
2013.....$2,166K
2014.....$2,203K
2015.....$2,271K
2016.....$2,470K
2017.....$3,149K
2018.....$3,483K
2019.....$4,745K
2020.....$6,051K
2021.....$6,820K

Plan to retire end of 2022!
Nice job, your progression looks a lot like ours at 49/50 now. Hard to believe in 2-3 years we could hit our high retirement number!
Congrats, and here's to exiting the rat race soon! :sharebeer
bltn
Posts: 1141
Joined: Mon Feb 20, 2017 9:32 pm

Re: Share your net worth progression

Post by bltn »

stoptothink wrote: Thu Apr 15, 2021 7:45 pm
iamlucky13 wrote: Thu Apr 15, 2021 7:37 pm
alexL wrote: Sat Jan 02, 2021 1:38 am For reference, here is the latest professional study for the retirement savings by age:

https://dqydj.com/retirement-savings-by-age/

Most people on this forum are definitely well beyond median numbers. The website provides a calculator to calculate your percentile.
That is a very interesting link. Thanks for sharing!

I'm not keen on sharing my personal details, but suffice to say, I feel much better about my personal financial situation comparing it to the data in that link than the figures self-reported in this thread.

I previously had known how our retirement savings compared with the median and average, but our actual percentile is a little better than I realized.
I wouldn't be surprised if the majority of regular posters on this board are in the 99th percentile based on that data. We are, and I generally feel downright poor in most of these threads. Eye opening.
Looking at the 99th percentile figures of 6-9 million in retirement savings after age 50, I don't get the impression that the majority of our posters are in that category. And those numbers don t include personal real estate holdings.

Maybe I m just identifying with the poor minority of posters when I read these posts.

Edit: As I skim the last page of posts in this thread, maybe the number in or headed to the top percentile is higher than I thought. The posters in this thread seem to be a bit better off the the Boglehead forum members in general. Just my general impression.
Last edited by bltn on Sat Jun 05, 2021 7:45 pm, edited 1 time in total.
stoptothink
Posts: 9436
Joined: Fri Dec 31, 2010 9:53 am

Re: Share your net worth progression

Post by stoptothink »

bltn wrote: Sat Jun 05, 2021 7:40 pm
stoptothink wrote: Thu Apr 15, 2021 7:45 pm
iamlucky13 wrote: Thu Apr 15, 2021 7:37 pm
alexL wrote: Sat Jan 02, 2021 1:38 am For reference, here is the latest professional study for the retirement savings by age:

https://dqydj.com/retirement-savings-by-age/

Most people on this forum are definitely well beyond median numbers. The website provides a calculator to calculate your percentile.
That is a very interesting link. Thanks for sharing!

I'm not keen on sharing my personal details, but suffice to say, I feel much better about my personal financial situation comparing it to the data in that link than the figures self-reported in this thread.

I previously had known how our retirement savings compared with the median and average, but our actual percentile is a little better than I realized.
I wouldn't be surprised if the majority of regular posters on this board are in the 99th percentile based on that data. We are, and I generally feel downright poor in most of these threads. Eye opening.
Looking at the 99th percentile figures of 6-9 million in retirement savings after age 50, I don't get the impression that the majority of our posters are in that category. And those numbers don t include personal real estate holdings.

Maybe I m just identifying with the poor minority of posters when I read these posts.
I get the impression that the majority of the posters are <50. We're <40.
bltn
Posts: 1141
Joined: Mon Feb 20, 2017 9:32 pm

Re: Share your net worth progression

Post by bltn »

stoptothink wrote: Sat Jun 05, 2021 7:44 pm
bltn wrote: Sat Jun 05, 2021 7:40 pm
stoptothink wrote: Thu Apr 15, 2021 7:45 pm
iamlucky13 wrote: Thu Apr 15, 2021 7:37 pm
alexL wrote: Sat Jan 02, 2021 1:38 am For reference, here is the latest professional study for the retirement savings by age:

https://dqydj.com/retirement-savings-by-age/

Most people on this forum are definitely well beyond median numbers. The website provides a calculator to calculate your percentile.
That is a very interesting link. Thanks for sharing!

I'm not keen on sharing my personal details, but suffice to say, I feel much better about my personal financial situation comparing it to the data in that link than the figures self-reported in this thread.

I previously had known how our retirement savings compared with the median and average, but our actual percentile is a little better than I realized.
I wouldn't be surprised if the majority of regular posters on this board are in the 99th percentile based on that data. We are, and I generally feel downright poor in most of these threads. Eye opening.
Looking at the 99th percentile figures of 6-9 million in retirement savings after age 50, I don't get the impression that the majority of our posters are in that category. And those numbers don t include personal real estate holdings.

Maybe I m just identifying with the poor minority of posters when I read these posts.
I get the impression that the majority of the posters are <50. We're <40.
And the young people interested in getting and giving advice re successful financial management is very impressive. It could well be that the majority of them are headed to the 99th percentile.

This forum is a testament to Jack Bogle s philosophy on successful investing.
Vihoo
Posts: 80
Joined: Wed Jun 05, 2019 11:48 pm

Re: Share your net worth progression

Post by Vihoo »

Vihoo wrote: Fri Jan 01, 2021 1:23 am
Vihoo wrote: Fri Jan 10, 2020 12:23 am
Dual income, 1 kid, VHCOL

30 - Dec 2016: -$16k
31 - Dec 2017: $90k
32 - Dec 2018: $178k (+97%)
33 - Dec 2019: $442k (+148%)

This year was good to us!
Dual income, 1 kid, VHCOL

Age - Month Year: $NW (% Change y/o/y); Big Change

30 - Dec 2016: -$16k; 1st rental property
31 - Dec 2017: $90k; 2nd rental, 1st child
32 - Dec 2018: $178k (+97%); 3rd rental, Maxing 401ks
33 - Dec 2019: $442k (+148%); 4th rental, Bought $TSLA
34 - Dec 2020: $776k (+75%); Bought primary

New (reach) target!
35 - Dec 2021: $1.2m (+54%); 2nd child
Half-Yearly Update:

Dual income, 2 kids, VHCOL

35 - Jun 2021: $1.05m (+35%); 2nd child

Crossed 7 figures!
User avatar
luminous
Posts: 346
Joined: Sat Dec 30, 2017 10:28 pm

Re: Share your net worth progression

Post by luminous »

Vihoo wrote: Wed Jun 09, 2021 9:19 pm Half-Yearly Update:

Dual income, 2 kids, VHCOL

35 - Jun 2021: $1.05m (+35%); 2nd child

Crossed 7 figures!
Congratulations!
55/15/30 US stock/international stock/bonds. Hope to semi-retire in 2022.
Nate7out
Posts: 220
Joined: Wed Jan 16, 2008 2:06 pm

Re: Share your net worth progression

Post by Nate7out »

Vihoo wrote: Wed Jun 09, 2021 9:19 pm
Vihoo wrote: Fri Jan 01, 2021 1:23 am
Vihoo wrote: Fri Jan 10, 2020 12:23 am
Dual income, 1 kid, VHCOL

30 - Dec 2016: -$16k
31 - Dec 2017: $90k
32 - Dec 2018: $178k (+97%)
33 - Dec 2019: $442k (+148%)

This year was good to us!
Dual income, 1 kid, VHCOL

Age - Month Year: $NW (% Change y/o/y); Big Change

30 - Dec 2016: -$16k; 1st rental property
31 - Dec 2017: $90k; 2nd rental, 1st child
32 - Dec 2018: $178k (+97%); 3rd rental, Maxing 401ks
33 - Dec 2019: $442k (+148%); 4th rental, Bought $TSLA
34 - Dec 2020: $776k (+75%); Bought primary

New (reach) target!
35 - Dec 2021: $1.2m (+54%); 2nd child
Half-Yearly Update:

Dual income, 2 kids, VHCOL

35 - Jun 2021: $1.05m (+35%); 2nd child

Crossed 7 figures!
And your kids are +100% as well. Congrats!
Double Chin Finn
Posts: 12
Joined: Sat Jun 23, 2018 2:52 am

Re: Share your net worth progression

Post by Double Chin Finn »

Double Chin Finn wrote: Sat Jan 02, 2021 10:00 pm 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)
2020: $323,000 (age 32)

I've been lucky to have continued to remain employed and also be given a pay raise and overtime hours for 2020. I hope that 2021 will be an improvement for all of us.
2021: $435,000 (age 32)

The stock market and overtime has been very kind towards me. :D
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