Share your net worth progression

[gougou]

2020-233k
2021-4m
2022-18.7m


One more year of this trajectory and I think retirement is in the cards.

All in TSLA call options?

[irr]

2014: 20k
2015: 50k
2016: 100k
2017: 80k
2018: 174k
2019: 1.1m
2020: 1.8m
2021: 2.8m
May 2022: 3.5m

It'll be interesting to see what happens to my NW over the next 12 months as the majority is in workforce housing. Glad I just closed a refi on part of my portfolio at 3.65% interest.

Out of curiosity, what caused the jump from 2018-2019?

Probably RE?

IMO, a windfall (inheritance, RSUs) is much more likely.

That’s what I was thinking, either inheritance or married into it. Or stuck good in his backyard; who knows?

A combination of buying rentals at a significant discount (providing instant equity) and fix-and-flips.

[mimn15]

Another milestone reached. We hit $600K (7% in cash, 55% investments(retirement, HSA, etc.) and 38% home equity) recently. Here is our progression:

10/2017 $100K

03/2019 $200K

06/2020 $300K

02/2021 $400K

10/2021 $500K

05/2022 $600K

[Cranberry44]

Updated my running tally

Code: Select all

May '20 = $ 73,336.06 
Jun '20 = $ 75,468.50 
Jul '20 = $ 77,184.05 
Aug '20 = $ 92,900.98 
Sep '20 = $ 97,478.25 
Oct '20 = $ 102,538.63 
Nov '20 = $ 107,563.10 
Dec '20 = $ 122,352.93 
Jan '21 = $ 139,812.17 
Feb '21 = $ 154,064.17 
Mar '21 = $ 152,761.64 
Apr '21 = $ 163,818.43 
May '21 = $ 177,590.51 
Jun '21 = $ 182,260.12 
Jul '21 = $ 187,298.62 
Aug '21 = $ 193,806.75 
Sep '21 = $ 202,763.68 
Oct '21 = $ 202,208.82 
Nov '21 = $ 221,460.13 
Dec '21 = $ 221,563.81 
Jan '22 = $ 230,929.35 
Feb '22 = $ 218,258.10
Mar' 22 = $ 220,338.21
Apr '22 = $ 234,734.56  
May '22 = $ 211,426.91 
Jun '22 = $ 211,252.27 

High school teacher, early-ish 30s. Slowly but surely.... 75% US, 20% Int. 5% emergency fund and a bit of "funny money"

[PocketButler]

Hi all,

Here's my update for 2022.
Age 25. Started a new job making around $240k two weeks ago.

Date / Income / NW
Apr 2020 / $80k / $40k
Apr 2021 / $120k / $91k
Apr 2022 / $135k / $160k

Things are looking good if I can continue my quite aggressive (>70%) savings rate for the next decade.

[stocknoob4111]

Updated progression:

Code: Select all

Ending balances >>

2018 : $   472,230
2019 : $   648,531
2020 : $   834,978
2021 : $ 1,128,400
2022 : $ 1,061,803  (YTD)

My all time high portfolio balance was $1,136,479 reached on 1/4/2022

We'll see where I end up in 2022 but if I get back to where I was in 1/4/2022 (i.e. flat 0% capital growth) plus my contributions, plus dividends for the year I would be happy

That should put me somewhere around $1.26M end of the year. Let's HOPE for a better 2022 second half

[traderjoe55]

2020-233k
2021-4m
2022-18.7m


One more year of this trajectory and I think retirement is in the cards.

All in TSLA call options?

Ha! No I would have my own island or something.

[simont]

2014 (26) - $200k estimated
2015 (27) - $512k
2016 (28) - $750k
2017 (29) - $1.35m
2018 (30) - $1.77m (reached initial FI goal $1.6m)
2019 (31) - $2.54m
2020 (32) - $3.27m
2021 (33) - $3.64m
2022 (34) - $4.31m

Figures are in AUD. Current NW conversion would be around $3.1m USD equivalent.

[tiliqdinich]

2014 (26) - $200k estimated
2015 (27) - $512k
2016 (28) - $750k
2017 (29) - $1.35m
2018 (30) - $1.77m (reached initial FI goal $1.6m)
2019 (31) - $2.54m
2020 (32) - $3.27m
2021 (33) - $3.64m
2022 (34) - $4.31m

Figures are in AUD. Current NW conversion would be around $3.1m USD equivalent.

Congrats on your success!! Do you mind sharing how you did it? Business owner?

[simont]

2014 (26) - $200k estimated
2015 (27) - $512k
2016 (28) - $750k
2017 (29) - $1.35m
2018 (30) - $1.77m (reached initial FI goal $1.6m)
2019 (31) - $2.54m
2020 (32) - $3.27m
2021 (33) - $3.64m
2022 (34) - $4.31m

Figures are in AUD. Current NW conversion would be around $3.1m USD equivalent.

Congrats on your success!! Do you mind sharing how you did it? Business owner?

Thanks and yeah business owner from 2015 onwards dramatically improved income. Unfortunately largely missed out on large gains in shares/property as I kept far too much cash on hand during most of these years.

[M_to_the_G]

Update time!

Interesting thread. I’ll combine some of the posting methods I’ve liked here; I think it’s worthwhile to discuss one’s background and mindset at different stages of life, and one’s epiphanies and milestones.

1979 - 1999 (age 0 - 19): Net worth: $0

1999 - 2005 (age 19 - 25): Net worth: -$15,000
Was poor throughout college and grad school, but always had pocket money from work (had a weekend job and a work-study job), and also had quite a bit of drive and ambition to improve my lot in life. Luckily, the credit union affiliated with my university capped my credit card limit at $1k, or I would have probably availed myself of “free” credit. Had about $15k in student loans to deal with, which I only realized later wasn’t that much. I was blessed with scholarships and grants: undergrad was mostly paid for by scholarships, and grad school was paid for by a scholarship.

2005 - 2007 (age 25 - 27): Net worth: -$15,000
Got first “real” job after grad school at the age of 25, but didn’t make that much.

2007 - 2009 (age 27 - 29): Net worth: -$15,000 --> $30,000
Got first job with good salary at the age of 27, but didn’t know anything about investing at that time. I bought a new car, didn’t make 401(k) contributions, only made minimum payments on my loans, etc. However, I never experienced “lifestyle creep” and was always frugal and averse to luxury and status. Even my new car purchase was fairly frugal (a new Suzuki sedan I bought for $13k) -- although inadvisable in retrospect. I began accumulating cash, but still had student loans, no plan, no idea about finances, etc.

2009 - 2013 (age 29 - 33): Net worth: $30,000 --> $200,000
Got seriously interested in finances around the time I joined the Foreign Service at the age of 29. I started (and maxed out) a Roth IRA and my TSP and put them into Target Date funds due to a lack of knowledge of finance, and I did not have a taxable account. My lifestyle and living standard still did not go up, so I continued to accumulate more cash. I paid off all my student loans during this period. However, I still didn’t have a plan and was seriously considering going to a financial advisor. I began to read and research over the next few years.

2013 - 2015 (age 33 - 35): Net worth: $200,000 --> $360,000
As the old adage goes, “When the student is ready, the master will appear.” I found Bogleheads at the age of 33, moved all my accumulated cash to funds in a taxable account at Vanguard, and began to consider all my resources as one portfolio. Moved out of Target Date funds and developed an AA plan. Read voraciously (Common Sense on Mutual Funds, The Elements of Investing, etc., etc.). You can read my thread on my net worth progression since 2013 here: viewtopic.php?f=1&t=119662

2015 - 2019 (age 35 - 39): Net worth: $360,000 --> $770,000

I’m 35 39 now, still maxing out TSP and Roth IRA, and socking away several tens of thousands each year into taxable. On track to early?? retire at 50 ??, hopefully as a millionaire.

Consider that very, very few members of the total population are posting in this thread.

I'm in the camp that finds this thread inspiring. I admire those who've done better than me, and I aspire to be more like them. Threads like this encourage me to set new goals and up the ante on my savings. I now have a goal of being a bona fide PAW by this time next year, which means a net worth of $740,000. I'm at about $650,000 now. I can do it, I think... if there's no major correction!

I'm NOT in the camp that gets discouraged by this thread or who resents those who've done better than me. I suspect most of the "total population" would fall in the latter category and thus would avoid a thread like this like the plague.

Well, that goal has been reached. My current PAW amount is $764,400. I just checked my accounts, and I am at $767,690. Achievement "PAW" unlocked!

2019 - 2021 (age 39 - 41): Net worth: $770,000 --> $975,000

I took almost 1 ½ years off in 2019 and just started working again. I am now 41 years old. I am still single with no kids. I still have zero debt. I am still a fed. My current AA is 64/36 (from the previous 85/15). Income now is 120k. I almost FIRE’d last year, but that’s another story. I took a long time off of work, so I didn’t contribute to the investment accounts in the past year. My investments have grown (of course), and I have purchased a home (cash purchase). My 909k portfolio plus the value of my modest home means my current net worth is close to a million. I’ll be a net worth millionaire very shortly (assuming the market behaves, of course). Of course, being a millionaire doesn’t mean much in 2021, as opposed to when the term came into vogue, but it still feels neat. I’ll probably be a financial assets millionaire by the end of the year. I won’t be an investible assets millionaire for quite a while, as half of my wealth is tied up in my TSP, but that will come eventually, too. And I’m sure I’ll post about it if this thread still exists. Life is good!

2021 - 2022 (age 41 - 42): Net worth: $975,000 --> $915,000

Well, it has been a year since that post. My investment portfolio (a simple 60/40 index fund portfolio) is down quite a bit, of course, but the value of my modest home has risen. I did briefly become a net worth millionaire last year, which was a good feeling, much like becoming a PAW. Of course, I knew it didn't really mean anything, but it felt like I had reached a milestone on my financial journey. Looking toward the future, I am very glad to have stable employment and excellent healthcare. I am very grateful for my life circumstances, in general. The goal for retirement is still 2029. I will be 49, with a federal pension and healthcare for life, and hopefully... a big nest egg, too! I'll be updating this thread in 2029 to note my $2.5 million portfolio! Hope springs eternal...

[Bb073084]

Well this year sucks so far. Started at $2.5M (got a windfall at the end of last year) now at $2.1M.

This market downturn really hurt considering I put the windfall in the market after it was already down about 10% for ATH. Hope we recover relatively quickly (1-2 years maybe?)

[Hawkintexas]

I suppose I will join this humble brag as well, because like most on here, I do not discuss specifics of personal finances with friends/family. All data is from my Mint account, which I feel is fairly accurate.

Age / Date / Net Worth
27 / 06/2013 / -108k
28 / 06/2014 / 21k
29 / 06/2015 / 110k
30 / 06/2016 / 195k
31 / 06/2017 / 238k
32 / 06/2018 / 297k
33 / 06/2019 / 331k
34 / 06/2020 / 547k
35 / 06/2021 / 1,264k
36 / 06/2022 / 1,068k

This final number does not include home equity, medical practice equity, or 529s for my kids, all of which have increased over the past year.

I continue to save and invest aggressively and look forward to an eventual market rebound. The longer I can buy at lower prices, the better off my net worth will be when that rebound eventually comes.

[Startled Cat]

Chart of my net worth progression so far year-to-date, expressed as a percentage of end-of-2021 NW:



Definitely a very volatile few months.

[stocknoob4111]

since I last posted just a few days ago (June 4th) the market has fallen an additional 11%, the pace of this downturn is absolutely shocking.
Lost another $100K in my portfolio since then and now lost my millionaire status as well as my net worth dropped from $1.06M to $965K.

Now I will have to build it back up, however, the market just seems to be falling into an ABYSS without a bottom and keeps going lower and lower and lower, not sure when this freefall will stop as it's impossible to increase my portfolio with the small amounts I am contributing vs the tens of thousands I am losing every day in market movements.

[Marseille07]

since I last posted just a few days ago (June 4th) the market has fallen an additional 11%, the pace of this downturn is absolutely shocking.
Lost another $100K in my portfolio since then and now lost my millionaire status as well as my net worth dropped from $1.06M to $965K.

Now I will have to build it back up, however, the market just seems to be falling into an ABYSS without a bottom and keeps going lower and lower and lower, not sure when this freefall will stop as it's impossible to increase my portfolio with the small amounts I am contributing vs the tens of thousands I am losing every day in market movements.

It's tough for everyone. I'm faring better because I held cash and decided to DCA instead of lump summing last December.

If you're already at your target allocation, the only move is to keep investing.

[scorcher31]

Not sure how so many people are still up. I have a feeling those that are losing a lot aren't posting. We are down from 2 million invested to about 1.65 mil invested so far this year and we had to have put at least 100k into the investments this year. This is with probably 70%us equity, 20%international equity, 10% bonds. I have to say its painful, because it seriously slows down my progress to my early retirement goal.

[LadyGeek]

We have a related thread: Share your Net Worth Regression

[irr]

Not sure how so many people are still up. I have a feeling those that are losing a lot aren't posting. We are down from 2 million invested to about 1.65 mil invested so far this year and we had to have put at least 100k into the investments this year. This is with probably 70%us equity, 20%international equity, 10% bonds. I have to say its painful, because it seriously slows down my progress to my early retirement goal.

If your time horizon is long enough, I would consider viewing the equities as being on sale. Your 100k will buy more shares today than 6 months ago.

It is counter-intuitive, but it is better to buy before a run up than during or after.

[mceagle555]

I will say the past two years have taught me more about the value of dollar-cost-averaging (DCA). In CY2021 and CY2022, I front loaded my 401k to get funds into the market more quickly, while still ensuring I had enough tail to get the full company % match throughout the rest of the year.

https://www.physicianonfire.com/front-l ... vestments/

Obviously with the drops in Q12021 and Q12022, front-loading worked to my detriment. With that in mind, I'll likely move back to DCA for both 401k and overall investing.

[alfaspider]

Not sure how so many people are still up. I have a feeling those that are losing a lot aren't posting. We are down from 2 million invested to about 1.65 mil invested so far this year and we had to have put at least 100k into the investments this year. This is with probably 70%us equity, 20%international equity, 10% bonds. I have to say its painful, because it seriously slows down my progress to my early retirement goal.

I've managed to pretty much tread water, but only because of a pretty healthy RSU vesting event and a good bonus. Still, it's demoralizing to feel like my savings just go into a black hole backfilling losses. But I have to remind myself that I am still WAY up from March 2020. Plus, I feel better about putting money into the index when it's down 20% than after it's zoomed up 20%.

[Engaging in sloth]

I retired 2 yrs ago and still in my SORR time frame therefore haven't lost as much $ was would have happened if we did not reduce equities for a time. SORR strategy has worked for us.

[UnladenSwallow]

I am 23 and my wife is 22. We graduated from a great state school and got married a year ago. We are blessed to both have good jobs in great careers with zero debt, and to have read Jack’s books soon after beginning to invest!

I love reading this thread - I find it very encouraging and inspiring as a young investor. It really shows power of saving, investing, and staying the course. I look forward to updating this post for many years to come!

Date / NW / (amount invested / cash saved for future house down payment)
July 1 2021: $36k ($12k invested / $26k cash)
July 1 2022: $116k ($55k invested / $61k cash & ibonds)

[revhappy]

All figures in SGD '000 (1SGD = 0.72USD)

[stoptothink]

I am 23 and my wife is 22. We graduated from a great state school and got married a year ago. We are blessed to both have good jobs in great careers with zero debt, and to have read Jack’s books soon after beginning to invest!

I love reading this thread - I find it very encouraging and inspiring as a young investor. It really shows power of saving, investing, and staying the course. I look forward to updating this post for many years to come!

Date / NW / (amount invested / cash saved for future house down payment)
July 1 2021: $36k ($12k invested / $26k cash)
July 1 2022: $116k ($55k invested / $61k cash & ibonds)

This is probably a fantastic time to start your accumulation journey. I sense another 30yr old Boglehead millionaire in the near future. Congrats, you two are killing it.

[Tom_T]

I was curious about this topic, so I looked up a couple of sites and found that a net worth of $1 million is in the top five percent in America. It might not be in the top five percent for Bogleheads, though!

[bluebolt]

I was curious about this topic, so I looked up a couple of sites and found that a net worth of $1 million is in the top five percent in America. It might not be in the top five percent for Bogleheads, though!

It's not in the top 5% in the Bay Area, New York, or Boston.

[broncocountry25]

2017 - $359,510
2018 - $468,630
2019 - $647,038
2020 - $878,565
2021 YTD - $1,101,054

Happy 4th of July!

Back Again On 4th Of July

2017 - $359,510
2018 - $468,630
2019 - $647,038
2020 - $878,565
2021 - $1,212,234
2022 YTD - $1,223,515

New contributions and real estate keeping us stable for now. Feels like we are stuck in mud this year but still moving forward.

Happy 4th of July!

[goos_news]

Although this counts as a regression, I've been updating every August, so I may as well update the numbers....

(snip)
I just kept my head down and net worth/assets usually only came up when it came to buy a home. Thus, I only have a few data points available before 2014, when we started tracking in preparation for retirement.

(Updated below from 2020-2021)
54/57, DINKs (tech/health care, still grinding away)
HCOL, 540K in direct comp, plus equity.
(snip)
We live well within our means, with actual net expenses of under 100 to 120K a year. Net worth includes real estate but not pension with a cash out value of $1M or lifetime annuity of $55K/yr.
(snip)
From 2021
Power of working and saving a lot of salary, compounding gains on a conservative portfolio. Stuck in OMY.

Updating for 2022
1990: 23, 50K
1995: Sold 1991 1st home and bought a new one, still live there today, was around 800K NW
1996-1997 -- likely passed first million, in paper
2000-2001 --set back in tech bubble burst.
the stagnant decade (but wasn't hit too hard with financial crisis)
2010: 1.8M or so
Started tracking in 2013-2014 to prepare for retirement
2014: 4.4M
2015: 4.8M
2016: 5.8M (inheritance)
2017: 6.8M
2018: 7.7M
2019: 8.2M
2020: 9.1M
2021: 10.5M
2022: 10.0M

The conservative portfolio buffered some of the losses, but they are understated here due to our ability to push a lot into savings.

[irr]

Updating for 2022
1990: 23, 50K
1995: Sold 1991 1st home and bought a new one, still live there today, was around 800K NW
1996-1997 -- likely passed first million, in paper
2000-2001 --set back in tech bubble burst.
the stagnant decade (but wasn't hit too hard with financial crisis)
2010: 1.8M or so
Started tracking in 2013-2014 to prepare for retirement
2014: 4.4M
2015: 4.8M
2016: 5.8M (inheritance)
2017: 6.8M
2018: 7.7M
2019: 8.2M
2020: 9.1M
2021: 10.5M
2022: 10.0M

Very well done. What does your AA look like?


My update below. I'm still very heavy on rentals, but have moved my cash allocation to 20%.
2014: 20k
2015: 50k
2016: 100k
2017: 80k
2018: 174k
2019: 1.1m
2020: 1.8m
2021: 2.8m
May 2022: 3.5m
Aug 2022: 3.7m

[goos_news]

snip
Very well done. What does your AA look like?
snip

Thanks!. Roughly 40% stock, 35% bond, 15% cash, 10% other (mostly rental RE)

[anon_investor]

Updating for 2022
1990: 23, 50K
1995: Sold 1991 1st home and bought a new one, still live there today, was around 800K NW
1996-1997 -- likely passed first million, in paper
2000-2001 --set back in tech bubble burst.
the stagnant decade (but wasn't hit too hard with financial crisis)
2010: 1.8M or so
Started tracking in 2013-2014 to prepare for retirement
2014: 4.4M
2015: 4.8M
2016: 5.8M (inheritance)
2017: 6.8M
2018: 7.7M
2019: 8.2M
2020: 9.1M
2021: 10.5M
2022: 10.0M

Very well done. What does your AA look like?


My update below. I'm still very heavy on rentals, but have moved my cash allocation to 20%.
2014: 20k
2015: 50k
2016: 100k
2017: 80k
2018: 174k
2019: 1.1m
2020: 1.8m
2021: 2.8m
May 2022: 3.5m
Aug 2022: 3.7m

What happened between 2018 and 2019?

[irr]

What happened between 2018 and 2019?

Got into real estate investing full time and did well buying houses at <50% of their current values. Flip one, keep one, repeat. I eventually figured out flipping wasn't very tax efficient and keep almost all new properties as rentals now.

[PeanutButter]

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

Dec 2021, NW= $1.855MM

I am finally a multi-millionaire. Just passed $2MM!