Post your Financial Milestone Announcements Here

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KlangFool
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Re: Post your Financial Milestone Announcements Here

Post by KlangFool »

dboeger1 wrote: Mon Jan 02, 2023 11:52 pm
That's awesome! I'd be curious to hear over the coming months how it impacts your finances/happiness. I feel like that's one of those things where you can easily plan around the numbers, but the emotional impact might influence spending in other ways.
Sorry! It is not such a big deal for me. I was financially independent with my mortgage payment.

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Last edited by KlangFool on Tue Jan 03, 2023 8:36 am, edited 1 time in total.
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Hola
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Re: Post your Financial Milestone Announcements Here

Post by Hola »

diydocwifejd wrote: Fri Dec 30, 2022 11:15 am
I'm still trying to figure out goals for 2023. One of them will surely be to stop having personal finance conversations outside of my home or with other known bogleheads if I can resist. The general public just is not as informed, and I am losing the patience to explain basic concepts.

Cheers to the new year :sharebeer :sharebeer
I can relate. I sometimes feel I’m talking to a brick wall. Even with family.
sailaway
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Re: Post your Financial Milestone Announcements Here

Post by sailaway »

Hola wrote: Tue Jan 03, 2023 8:02 am
diydocwifejd wrote: Fri Dec 30, 2022 11:15 am
I'm still trying to figure out goals for 2023. One of them will surely be to stop having personal finance conversations outside of my home or with other known bogleheads if I can resist. The general public just is not as informed, and I am losing the patience to explain basic concepts.

Cheers to the new year :sharebeer :sharebeer
I can relate. I sometimes feel I’m talking to a brick wall. Even with family.
I wouldn't mind explaining basic concepts, if I thought they would listen. I can't tell you the number of times someone has randomly announced their "strategy." At least my cousin and her husband have good pensions, so it doesn't matter so much that her son told her to buy X, but forgot to tell.her to sell it...much more worried about my brother who decided to start saving for retirement at 55, but quickly became disillusioned with the losses in 2022, so at 56 would seem to be back to not saving, rather than not investing in equities...
8301
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Re: Post your Financial Milestone Announcements Here

Post by 8301 »

diydocwifejd wrote: Fri Dec 30, 2022 11:15 am I'm still trying to figure out goals for 2023. One of them will surely be to stop having personal finance conversations outside of my home or with other known bogleheads if I can resist. The general public just is not as informed, and I am losing the patience to explain basic concepts.
Huh? :confused
Didn't Bogle said "Nobody knows nothing. I'm smarter than everybody else - that's just not going to happen?"
TwstdSista
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Re: Post your Financial Milestone Announcements Here

Post by TwstdSista »

About a year ago we hit $1M in net worth, excluding our house and cars. Just hit $1.5M in net worth, including house + cars.
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Stinky
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Re: Post your Financial Milestone Announcements Here

Post by Stinky »

TwstdSista wrote: Tue Jan 03, 2023 8:43 am About a year ago we hit $1M in net worth, excluding our house and cars. Just hit $1.5M in net worth, including house + cars.
That’s excellent!

Congratulations.
Retired life insurance company financial officer who sincerely believes that ”It’s a GREAT day to be alive!”
sailaway
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Re: Post your Financial Milestone Announcements Here

Post by sailaway »

TwstdSista wrote: Tue Jan 03, 2023 8:43 am About a year ago we hit $1M in net worth, excluding our house and cars. Just hit $1.5M in net worth, including house + cars.
That is particularly impressive over this specific year!
TwstdSista
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Re: Post your Financial Milestone Announcements Here

Post by TwstdSista »

^ + ^ Thanks!

To be fair, we just this past year updated the value of house using a percentage of Zillow. We've left it at it's purchase price for many years. That helped our NW a bit, given this past year.
Bmac
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Re: Post your Financial Milestone Announcements Here

Post by Bmac »

Both a financial and personal milestone: The 20 year term life insurance policies we obtained when our first child was born lapse this year. She’s halfway through her sophomore year and fortunately our net worth is such that the insurance is no longer needed. To be fair, we likely could have dropped these several years ago, but the premiums were so favorable (and I had a health scare) that it seemed worth it to carry them to the end.
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ruralavalon
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Re: Post your Financial Milestone Announcements Here

Post by ruralavalon »

TwstdSista wrote: Tue Jan 03, 2023 8:43 am About a year ago we hit $1M in net worth, excluding our house and cars. Just hit $1.5M in net worth, including house + cars.
Congratulations :D .
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link: Bogleheads® investment philosophy
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ruralavalon
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Re: Post your Financial Milestone Announcements Here

Post by ruralavalon »

Bmac wrote: Wed Jan 11, 2023 10:19 am Both a financial and personal milestone: The 20 year term life insurance policies we obtained when our first child was born lapse this year. She’s halfway through her sophomore year and fortunately our net worth is such that the insurance is no longer needed. To be fair, we likely could have dropped these several years ago, but the premiums were so favorable (and I had a health scare) that it seemed worth it to carry them to the end.
Congratulations :D .
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link: Bogleheads® investment philosophy
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Stinky
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Re: Post your Financial Milestone Announcements Here

Post by Stinky »

Bmac wrote: Wed Jan 11, 2023 10:19 am The 20 year term life insurance policies we obtained when our first child was born lapse this year. She’s halfway through her sophomore year and fortunately our net worth is such that the insurance is no longer needed.
I’m sure that this is very gratifying.

Having a daughter who is becoming self sufficient and having a good net worth are both significant accomplishments.

Congratulations.
Retired life insurance company financial officer who sincerely believes that ”It’s a GREAT day to be alive!”
Glockenspiel
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Re: Post your Financial Milestone Announcements Here

Post by Glockenspiel »

Assuming the stock market doesn't crash, we should break the $2 million dollar household net worth mark within the next couple of months, at age 38. This is after breaking the $1 million dollar mark in 2020 and $500k in 2017.
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Stinky
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Re: Post your Financial Milestone Announcements Here

Post by Stinky »

Glockenspiel wrote: Wed Jan 11, 2023 11:01 am Assuming the stock market doesn't crash, we should break the $2 million dollar household net worth mark within the next couple of months, at age 38. This is after breaking the $1 million dollar mark in 2020 and $500k in 2017.
You’re doing very well.

Congratulations!
Retired life insurance company financial officer who sincerely believes that ”It’s a GREAT day to be alive!”
livesoft
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Re: Post your Financial Milestone Announcements Here

Post by livesoft »

I was able to simplify the portfolio today by getting rid of an IRA at Vanguard by converting its entire contents into an existing Roth IRA. Then another trade in a 401(k) closed out all shares in an equity ETF to buy shares of an existing bond ETF.

Net result: One account closed and 2 ticker symbols disappeared from the portfolio.
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dratkinson
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Re: Post your Financial Milestone Announcements Here

Post by dratkinson »

sailaway wrote: Tue Jan 03, 2023 8:09 am
Hola wrote: Tue Jan 03, 2023 8:02 am
diydocwifejd wrote: Fri Dec 30, 2022 11:15 am
I'm still trying to figure out goals for 2023. One of them will surely be to stop having personal finance conversations outside of my home or with other known bogleheads if I can resist. The general public just is not as informed, and I am losing the patience to explain basic concepts.

Cheers to the new year :sharebeer :sharebeer
I can relate. I sometimes feel I’m talking to a brick wall. Even with family.
I wouldn't mind explaining basic concepts, if I thought they would listen. I can't tell you the number of times someone has randomly announced their "strategy." At least my cousin and her husband have good pensions, so it doesn't matter so much that her son told her to buy X, but forgot to tell.her to sell it...much more worried about my brother who decided to start saving for retirement at 55, but quickly became disillusioned with the losses in 2022, so at 56 would seem to be back to not saving, rather than not investing in equities...
Ditto. So I came up with another way ...then let the other person choose.


In person.

"I have a gift for you, if you want it...."

When I've met folks who seemed to go out of their way to help me (sales staff, CSRs,...) ...after they've provided their service, I tell them...

"I have a gift for you, if you want it. I learned the investing method used by Warren Buffett to win a $1M bet against 5 hedge fund. If you would like to know it, I'll give you a handout that will walk you through the process to double-check and learn it for yourself."

Some folks say "No. Thanks. I'm good." I'm sad because I know what they are missing ...but I don't push it.

But! some folks say "Yes." So I give them a copy of my handout (always keep several in my wallet), and explain a little about what they will be learning.


On the phone.

After a helpful CSR, "I have a gift for you, if you want it...."

When I've met helpful folks on the phone (my recent efforts to get my account moved to Vanguard's brokerage platform), and they want to know what I know...

I tell them to read: (They use pencil/paper to jot down these notes.)
--The library book: "The Bogleheads' Guide to Investing".
--The article: "The Arithmetic of Active Management", on Standford University website, to learn simple math behind index investing's success.
--The web article: "SPIVA Scorecard".
--The reports of WB's bet: "Warren Buffett 10-year Million Dollar Bet".

I tell them to notice that WB's bet was constructed according to what they will read.
--The Arithmetic of Active Management: use a low-cost broad-market index fund.
--SPIVA Scorecard: over 10-yr period, index beats 80-90% of all professional money managers (hedge funds, university endowments,...).
--Note WB's bet used S&P500 index fund, was for 10-yrs, against 5 hedge fund, expected to beat 4 (80%) hedge funds... which would/did win bet.
--The library book and free forum review will teach them how to adapt WB's method to their financial situation.

I was thrilled recently when 2 Vanguard CSRs wanted to know this stuff. :D


My handout.

In the past I did provide my handout to the forum: viewtopic.php?p=4404437#p4404437

I've made a few changes since then to make the handout more effective, but the forum's copy still serves.

Note to self. Provide forum with current copy of handout.
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ThreeFundie
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Re: Post your Financial Milestone Announcements Here

Post by ThreeFundie »

In 2022 I
  • Gained access to a 401(k) and maxed it out
  • Maxed out my Roth IRA for the second time
  • Saved about as much as I spent (excluding charity and taxes)
  • Hit $60k in net worth
Like many on this thread, I can't talk about this stuff with friends or family so I'm grateful to have somewhere to toast myself.

Goals for 2023 in decreasing order of importance:
  • Have more fun, spend more time with friends and family, continue getting healthier (not financial goals but first things should come first)
  • Get promoted at work
  • Max out the retirement accounts again
  • Break six figures in net worth if the market cooperates :sharebeer
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Stinky
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Re: Post your Financial Milestone Announcements Here

Post by Stinky »

ThreeFundie wrote: Wed Jan 11, 2023 4:03 pm In 2022 I
  • Gained access to a 401(k) and maxed it out
  • Maxed out my Roth IRA for the second time
  • Saved about as much as I spent (excluding charity and taxes)
  • Hit $60k in net worth
Like many on this thread, I can't talk about this stuff with friends or family so I'm grateful to have somewhere to toast myself.

Goals for 2023 in decreasing order of importance:
  • Have more fun, spend more time with friends and family, continue getting healthier (not financial goals but first things should come first)
  • Get promoted at work
  • Max out the retirement accounts again
  • Break six figures in net worth if the market cooperates :sharebeer
You’re really off to a great start in your young financial life.

Maxing out both 401k and Roth IRA is a BIG accomplishment that a lot of folks older than you can’t claim.

Congratulations!
Retired life insurance company financial officer who sincerely believes that ”It’s a GREAT day to be alive!”
ThreeFundie
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Re: Post your Financial Milestone Announcements Here

Post by ThreeFundie »

Stinky wrote: Wed Jan 11, 2023 4:08 pm
ThreeFundie wrote: Wed Jan 11, 2023 4:03 pm In 2022 I
  • Gained access to a 401(k) and maxed it out
  • Maxed out my Roth IRA for the second time
  • Saved about as much as I spent (excluding charity and taxes)
  • Hit $60k in net worth
Like many on this thread, I can't talk about this stuff with friends or family so I'm grateful to have somewhere to toast myself.

Goals for 2023 in decreasing order of importance:
  • Have more fun, spend more time with friends and family, continue getting healthier (not financial goals but first things should come first)
  • Get promoted at work
  • Max out the retirement accounts again
  • Break six figures in net worth if the market cooperates :sharebeer
You’re really off to a great start in your young financial life.

Maxing out both 401k and Roth IRA is a BIG accomplishment that a lot of folks older than you can’t claim.

Congratulations!
Thank you for the kind words, Stinky!
60% VTSAX, 30% VTIAX, 10% VBTLX/G fund
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backofbeyond
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Re: Post your Financial Milestone Announcements Here

Post by backofbeyond »

1990 At age 24 started my career with nothing except $27K in student loans
1995 bought $95k worth of Az property outside of Phoenix
2004 that property was worth $1.3M
2007 that property was $3.3 M, I also had property in Colorado and MT worth another $500,00
2008 The Crash..properties back to $120k
2018 Sold properties for $350k.
2020 Same properties sold for $4M again but I sold it 2 years earlier
Meanwhile in 2018 I took that $350K and put it in the market, worth $2.7M after Covid V recovery.
2021 lost $800k
2022 Retiring with $1.8M. Portfolio now at 40% stock/60% Bonds

There's a lesson hidden in the above somewhere
The question isn't at what age I want to retire, it is at what income. - George Foreman
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Stinky
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Re: Post your Financial Milestone Announcements Here

Post by Stinky »

backofbeyond wrote: Wed Jan 11, 2023 6:50 pm 1990 At age 24 started my career with nothing except $27K in student loans
1995 bought $95k worth of Az property outside of Phoenix
2004 that property was worth $1.3M
2007 that property was $3.3 M, I also had property in Colorado and MT worth another $500,00
2008 The Crash..properties back to $120k
2018 Sold properties for $350k.
2020 Same properties sold for $4M again but I sold it 2 years earlier
Meanwhile in 2018 I took that $350K and put it in the market, worth $2.7M after Covid V recovery.
2021 lost $800k
2022 Retiring with $1.8M. Portfolio now at 40% stock/60% Bonds

There's a lesson hidden in the above somewhere
So you’ve had the pleasure of being a millionaire twice! :D

And you ended up well over the $1 million threshold.

Congratulations on your retirement. And kudos to you for adopting a more conservative portfolio in retirement.
Retired life insurance company financial officer who sincerely believes that ”It’s a GREAT day to be alive!”
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backofbeyond
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Re: Post your Financial Milestone Announcements Here

Post by backofbeyond »

Stinky wrote: Wed Jan 11, 2023 7:17 pm
backofbeyond wrote: Wed Jan 11, 2023 6:50 pm 1990 At age 24 started my career with nothing except $27K in student loans
1995 bought $95k worth of Az property outside of Phoenix
2004 that property was worth $1.3M
2007 that property was $3.3 M, I also had property in Colorado and MT worth another $500,00
2008 The Crash..properties back to $120k
2018 Sold properties for $350k.
2020 Same properties sold for $4M again but I sold it 2 years earlier
Meanwhile in 2018 I took that $350K and put it in the market, worth $2.7M after Covid V recovery.
2021 lost $800k
2022 Retiring with $1.8M. Portfolio now at 40% stock/60% Bonds

There's a lesson hidden in the above somewhere
So you’ve had the pleasure of being a millionaire twice! :D

And you ended up well over the $1 million threshold.

Congratulations on your retirement. And kudos to you for adopting a more conservative portfolio in retirement.
Thank you...took me only 5 decades to become less greedy! :D
The question isn't at what age I want to retire, it is at what income. - George Foreman
Houdini563
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Retired today

Post by Houdini563 »

Today was my last day of work at the age of 63. I work from home so spent the morning boxing up my laptop and work cell and sending them back to headquarters.

Thanks to everyone here who has helped me navigate my finances. Really appreciate it.

I was really glad I stuck things out and kept working last year when stocks took a tumble and it appears we are now coming out of it. Time will tell. I find myself only $28,000 down from where I was at my highest (factoring out $100,000 used to pay off my mortgage and buy a new car).

It will be interesting how my retirement plan ends up working out. The advise from those here to wait until 70 to take SS I believe has made my plan practically foolproof.
Misenplace
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Re: Post your Financial Milestone Announcements Here

Post by Misenplace »

Houdini563,

I merged your thread here, into the topic we reserve for announcing milestones.
Congratulations! Retirement is awesome, welcome to the club!

Moderator Misenplace
veggivet
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Re: Post your Financial Milestone Announcements Here

Post by veggivet »

Houdini 563, congrats and enjoy your retirement now that you've finally escaped the office!
If you watch your pennies, your dollars will take care of themselves.
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Re: Post your Financial Milestone Announcements Here

Post by LadyGeek »

Houdini563 - Congrats! Please enroll in the Roll Call for the Retirement Class of 2023!. You'll be able to share your experience with everyone who's retiring this year.
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ruralavalon
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Re: Retired today

Post by ruralavalon »

Houdini563 wrote: Fri Jan 13, 2023 7:17 pm Today was my last day of work at the age of 63. I work from home so spent the morning boxing up my laptop and work cell and sending them back to headquarters.

. . . . . .
Congratulations on your retirement :D .
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link: Bogleheads® investment philosophy
srouen
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Re: Post your Financial Milestone Announcements Here

Post by srouen »

Rather meaningless milestone but I've been looking for it all year: today our net worth exceeds the amount it was at the high-water mark in Jan 2022 before the bear.
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Stinky
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Re: Post your Financial Milestone Announcements Here

Post by Stinky »

srouen wrote: Tue Jan 24, 2023 8:31 am Rather meaningless milestone but I've been looking for it all year: today our net worth exceeds the amount it was at the high-water mark in Jan 2022 before the bear.
Congratulations!

If you’ve been watching it all year, then it’s important to you.

(I wish I could say that my portfolio has recovered to January 2022 levels :twisted: )
Retired life insurance company financial officer who sincerely believes that ”It’s a GREAT day to be alive!”
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OuterBanks
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Re: Post your Financial Milestone Announcements Here

Post by OuterBanks »

Stinky wrote: Tue Jan 24, 2023 8:59 am
srouen wrote: Tue Jan 24, 2023 8:31 am Rather meaningless milestone but I've been looking for it all year: today our net worth exceeds the amount it was at the high-water mark in Jan 2022 before the bear.
Congratulations!

If you’ve been watching it all year, then it’s important to you.

(I wish I could say that my portfolio has recovered to January 2022 levels :twisted: )
It’s a sign of a good sized portfolio when yearly contributions can’t match the swings of the market.
iamfinethanku
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Re: 10 years as a Boglehead - Thank You!

Post by iamfinethanku »

dratkinson wrote: Fri Oct 21, 2022 12:53 pm Gotcha. If you TLH, then using TSM in your Roth would conflict with TLHing TSM in taxable. I sidestepped the problem by using VLCAX (LC index) in my Roth and TSM in taxable. In my Roth, instead I could have used S&P500 index fund + extended market index fund in 80/20 ratio to more closely approximate TSM, but I'm too lazy to mess with it, so decided to use LC index instead.
Could you provide the reasoning behind using VLCAX in Roth and TSM in taxable, not the other way around?

Currently I'm doing the opposite: TSM in Roth/HSA/401k and VLCAX and TLH with S&P 500, but I wonder if there is a reason to switch. i'm new to investing so trying to learn thank you!
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Re: 10 years as a Boglehead - Thank You!

Post by dratkinson »

iamfinethanku wrote: Tue Jan 24, 2023 10:29 pm
dratkinson wrote: Fri Oct 21, 2022 12:53 pm Gotcha. If you TLH, then using TSM in your Roth would conflict with TLHing TSM in taxable. I sidestepped the problem by using VLCAX (LC index) in my Roth and TSM in taxable. In my Roth, instead I could have used S&P500 index fund + extended market index fund in 80/20 ratio to more closely approximate TSM, but I'm too lazy to mess with it, so decided to use LC index instead.
Could you provide the reasoning behind using VLCAX in Roth and TSM in taxable, not the other way around?

Currently I'm doing the opposite: TSM in Roth/HSA/401k and VLCAX and TLH with S&P 500, but I wonder if there is a reason to switch. i'm new to investing so trying to learn thank you!

Some folks use S&P500 in taxable, and the forum seems to have no problem with it.
--Warren Buffett used Vanguard's S&P500 in taxable to win a 10yr $1M bet against 5hedge funds.
Search: https://www.google.com/search?&q=warren ... dollar+bet

--His wife's bequest is reported to be 90/10 S&P500/ST government bonds (assume this to be ST treasuries).
Search: https://www.google.com/search?&q=warren ... fe+bequest

LC is a broader index than S&P500, so if S&P500 is acceptable in taxable, then so too is LC.

I've read senior BHs saying that "Wise investing is simple: (1) do a few things right and (2) avoid serious mistakes." I don't see using either S&P500 or LC as our US stock market exposure in taxable, instead of TSM, as being a serious mistake. Meaning, if you're satisfied, then that's all that matters.



:idea: Option. On the other hand, assuming you are a brokerage client (can buy non-Vanguard ETFs), I've read on forum that Charles Schwab's (recommended brokerage) TSM (SCHB) tracks a different index vs Vanguard's ...meaning you could own it in taxable and avoid the TLHing "replacement shares" wash-sale issue.

Due diligence. Read the prospectus for each to ensure they track different indexes. If so, then you could own Vanguard's TSM in your Roth, and CS's TSM in your taxable.

Don't incur CG tax to make changes, instead, if you choose to put SCHB in taxable:
--Buy it with new money.
--Until you have the opportunity to TLH LC into it.
--Or keep some of both.

Simplicity suggests owning only one, but owing both is not a serious mistake and would allow you to TLH between LC/SCHB. Your choice.


So you'll know that to expect, research fractional ETF shares. Will your brokerage allow you to buy (new/reinvest/exchange)/sell (TLH, withdraw) fractional shares of your chosen ETFs?
Search: https://www.google.com/search?q=ETF+fractional+shares



Disclosure. I set-up my investments a long time ago as a Vanguard mutual-fund-platform client (no ETF access). Things have changed since then, but I'm still too lazy to change. I'm satisfied with what I own, and that's all that matters to me.



:idea: Sidebar: Option. If you'd like to create a larger EF wall (in taxable, also known as an extended-tier EF*) to better protect your TA (tax-advantaged = tax-deferred + tax-free) accounts, may I suggest muni bonds. (* Also useful to save for: home projects, new car, dry powder, retirement.)
--I prefer VWLTX as it has always returned more after-tax than TBM. It's slightly more risky, but that risk can be TLHed ...if you choose to do so.
--I've read that non-Vanguard clients might prefer ETFs: VTEB and MUB.

Assume 22% fed tax bracket, compute a muni's TEY's [taxable-equivalent yield = SEC yield / (1 - your fed tax bracket)] to compare to taxable alternatives: bond fund SEC yield, bank interest APY. (Lather/rinse/repeat if your fed tax bracket differs.)
--AGG (iShares TBM) SEC yield: 3.83%. See: https://www.ishares.com/us/products/239 ... market-etf
--VBTLX (TBM) SEC yield: 4.02%. See: https://investor.vanguard.com/investmen ... file/vbtlx
--5yr CD rates*: best seems to be 4.55%. Search: https://www.google.com/search?&q=5yr+CD+rates
--MUB (iShares national muni: 2.98%/(1-.22) = 3.82%. See: https://www.ishares.com/us/products/239 ... i-bond-etf
--VTEB SEC yield: 3.18%/.78 = 4.08%. See: https://investor.vanguard.com/investmen ... ofile/vteb
--VWLTX SEC yield: 3.45%/.78 = 4.42%. See: https://investor.vanguard.com/investmen ... file/vwltx

* Currently affected by inverted yield environment, which must correct to maintain a healthy economy. In the meantime, bond prices seem to be "On Sale." See: https://home.treasury.gov/resource-cent ... nth=202301

"Be fearful when others are greedy, be greedy when others are fearful." --Warren Buffett

It'd be off-topic to discuss this further here, so PM or start a new topic for a forum review of your investment options.
d.r.a., not dr.a. | I'm a novice investor; you are forewarned.
Wannaretireearly
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Re: Post your Financial Milestone Announcements Here

Post by Wannaretireearly »

Passed $1M in my 401k Fido account, after FINALLY rolling over a 15 year old old employer account.
Feels good - the second time around ;)
Death and taxes. Only one is under your control!
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ruralavalon
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Re: Post your Financial Milestone Announcements Here

Post by ruralavalon »

Wannaretireearly wrote: Wed Jan 25, 2023 12:19 pm Passed $1M in my 401k Fido account, after FINALLY rolling over a 15 year old old employer account.
Feels good - the second time around ;)
Congratulations on completing your 401k rollover :)
.
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link: Bogleheads® investment philosophy
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Stinky
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Re: Post your Financial Milestone Announcements Here

Post by Stinky »

Wannaretireearly wrote: Wed Jan 25, 2023 12:19 pm Passed $1M in my 401k Fido account, after FINALLY rolling over a 15 year old old employer account.

Feels good - the second time around ;)
I’m sure that it feels good to have one less account to keep track of.

And congratulations on passing the $1 million mark!
Retired life insurance company financial officer who sincerely believes that ”It’s a GREAT day to be alive!”
Wannaretireearly
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Re: Post your Financial Milestone Announcements Here

Post by Wannaretireearly »

ruralavalon wrote: Wed Jan 25, 2023 2:45 pm
Wannaretireearly wrote: Wed Jan 25, 2023 12:19 pm Passed $1M in my 401k Fido account, after FINALLY rolling over a 15 year old old employer account.
Feels good - the second time around ;)
Congratulations on completing your 401k rollover :)
.
Thank you!
Death and taxes. Only one is under your control!
Wannaretireearly
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Re: Post your Financial Milestone Announcements Here

Post by Wannaretireearly »

Stinky wrote: Wed Jan 25, 2023 5:25 pm
Wannaretireearly wrote: Wed Jan 25, 2023 12:19 pm Passed $1M in my 401k Fido account, after FINALLY rolling over a 15 year old old employer account.

Feels good - the second time around ;)
I’m sure that it feels good to have one less account to keep track of.

And congratulations on passing the $1 million mark!
Thanks. Yep, feels great to have one less account!
Death and taxes. Only one is under your control!
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Darth Xanadu
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Re: Post your Financial Milestone Announcements Here

Post by Darth Xanadu »

Today marks my 5 year anniversary since joining Bogleheads. It's no exaggeration when I say that the information and guidance on this forum has been an integral part of securing my family's financial future. Thank you all so much!! In that 5 years, my investable assets have more than doubled!

This month, my household net worth eclipsed $2m (for the 2nd time, haha :wink: )
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ruralavalon
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Re: Post your Financial Milestone Announcements Here

Post by ruralavalon »

Darth Xanadu wrote: Fri Jan 27, 2023 11:35 am Today marks my 5 year anniversary since joining Bogleheads. It's no exaggeration when I say that the information and guidance on this forum has been an integral part of securing my family's financial future. Thank you all so much!! In that 5 years, my investable assets have more than doubled!

This month, my household net worth eclipsed $2m (for the 2nd time, haha :wink: )
Congratulations on doubling your investable assets.
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link: Bogleheads® investment philosophy
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Stinky
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Re: Post your Financial Milestone Announcements Here

Post by Stinky »

Darth Xanadu wrote: Fri Jan 27, 2023 11:35 am Today marks my 5 year anniversary since joining Bogleheads. It's no exaggeration when I say that the information and guidance on this forum has been an integral part of securing my family's financial future. Thank you all so much!! In that 5 years, my investable assets have more than doubled!

This month, my household net worth eclipsed $2m (for the 2nd time, haha :wink: )
Congratulations on passing the $2 million mark. (Hopefully, you'll stay above $2 million going forward. :D )

I've learned a lot from the good people on this Forum, and I'm glad that you've found value too.
Retired life insurance company financial officer who sincerely believes that ”It’s a GREAT day to be alive!”
poker27
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Re: Post your Financial Milestone Announcements Here

Post by poker27 »

srouen wrote: Tue Jan 24, 2023 8:31 am Rather meaningless milestone but I've been looking for it all year: today our net worth exceeds the amount it was at the high-water mark in Jan 2022 before the bear.
Same position here. Returns are negative, but slightly above with contributions
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AnnetteLouisan
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Re: Post your Financial Milestone Announcements Here

Post by AnnetteLouisan »

Darth Xanadu wrote: Fri Jan 27, 2023 11:35 am Today marks my 5 year anniversary since joining Bogleheads. It's no exaggeration when I say that the information and guidance on this forum has been an integral part of securing my family's financial future. Thank you all so much!! In that 5 years, my investable assets have more than doubled!

This month, my household net worth eclipsed $2m (for the 2nd time, haha :wink: )
Same here! High five! (first time for me, and two are better than one… although I don’t think that’s what that saying meant).
Weathering
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Re: Post your Financial Milestone Announcements Here

Post by Weathering »

poker27 wrote: Fri Jan 27, 2023 6:19 pm
srouen wrote: Tue Jan 24, 2023 8:31 am Rather meaningless milestone but I've been looking for it all year: today our net worth exceeds the amount it was at the high-water mark in Jan 2022 before the bear.
Same position here. Returns are negative, but slightly above with contributions
Congrats!
I’m within 1% of the high water mark from Jan 2022, but now I need to keep myself from taking some off the table. Need to stick to my asset allocation and keep buying every other week.
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Re: Post your Financial Milestone Announcements Here

Post by HootingSloth »

AnnetteLouisan wrote: Fri Jan 27, 2023 6:29 pm
Darth Xanadu wrote: Fri Jan 27, 2023 11:35 am Today marks my 5 year anniversary since joining Bogleheads. It's no exaggeration when I say that the information and guidance on this forum has been an integral part of securing my family's financial future. Thank you all so much!! In that 5 years, my investable assets have more than doubled!

This month, my household net worth eclipsed $2m (for the 2nd time, haha :wink: )
Same here! High five! (first time for me, and two are better than one… although I don’t think that’s what that saying meant).
We also hit $2M net worth for the first time this month, and we (coincidentally) paid off the mortgage more or less the same day. :sharebeer
Global Market Portfolio + modest tilt towards volatility (80/20->60/40 as approach FI) + modest tilt away from exchange rate risk (80% global+20% U.S. stocks; currency-hedge bonds) + tax optimization
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Darth Xanadu
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Re: Post your Financial Milestone Announcements Here

Post by Darth Xanadu »

HootingSloth wrote: Fri Jan 27, 2023 8:08 pm
AnnetteLouisan wrote: Fri Jan 27, 2023 6:29 pm
Darth Xanadu wrote: Fri Jan 27, 2023 11:35 am Today marks my 5 year anniversary since joining Bogleheads. It's no exaggeration when I say that the information and guidance on this forum has been an integral part of securing my family's financial future. Thank you all so much!! In that 5 years, my investable assets have more than doubled!

This month, my household net worth eclipsed $2m (for the 2nd time, haha :wink: )
Same here! High five! (first time for me, and two are better than one… although I don’t think that’s what that saying meant).
We also hit $2M net worth for the first time this month, and we (coincidentally) paid off the mortgage more or less the same day. :sharebeer
Congratulations on a monumental month!
student
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Re: Retired today

Post by student »

Houdini563 wrote: Fri Jan 13, 2023 7:17 pm Today was my last day of work at the age of 63. I work from home so spent the morning boxing up my laptop and work cell and sending them back to headquarters.

Thanks to everyone here who has helped me navigate my finances. Really appreciate it.

I was really glad I stuck things out and kept working last year when stocks took a tumble and it appears we are now coming out of it. Time will tell. I find myself only $28,000 down from where I was at my highest (factoring out $100,000 used to pay off my mortgage and buy a new car).

It will be interesting how my retirement plan ends up working out. The advise from those here to wait until 70 to take SS I believe has made my plan practically foolproof.
Congratulations.
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Re: Retired today

Post by ruralavalon »

Houdini563 wrote: Fri Jan 13, 2023 7:17 pm Today was my last day of work at the age of 63. I work from home so spent the morning boxing up my laptop and work cell and sending them back to headquarters.

. . . . .
Congratulations on your retirement :D
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link: Bogleheads® investment philosophy
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