Share your net worth progression

[TinyHouse]

First time contributing to this thread as we hit a fun milestone this week and would like to consider an annual record for myself. I’ve not really tracked in the past but we were single Income on an chemE engineer salary until very recently.
There are many inspiring folks on this forum and thread!

Jul 2023: crossed $1,000,000 in investments not incl 529 (I wish it felt more exciting/meaningful). We’re at just over 1,500,000 with our SFH and STR equity. Both aged 42.

Our NW should take off in next 5 years as DH is back in the workforce after raising kids and my income doubled in last 2 years. In good bonus years we’re halfway to a 7 figure income. We’re entering college phases for our 2 kiddos in next 1-3. Bring on the supercharged savings!

Congrats, that must feel awesome!

How much do you spend annually?

[goos_news]

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

Updating basic facts for 2023 post:
DINK, tech/health care
Comp is now 630K plus equity, rental and investment income (some years gross to $1M+)
Expenses not included rentals is around 110K
Stuck in OMY, exit at end of '23.
Totals below do not include pensions (3), 68K/yr lifetime or cash out.

Last 2022 update (numbers snipped)
The conservative portfolio buffered some of the losses, but they are understated here due to our ability to push a lot into savings.

I've been updating every August, so here it goes again for 2023. Some recovery, muted by a moderately conservative distribution.

Updating for 2023
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
2023: 10.5M

[TryToRetire]

Congrats, that must feel awesome!

How much do you spend annually?

Our budget is about $10k per month. We roughly spend 1/3, save 1/3 and are taxed 1/3

Note that 1/4 if my income the last 2 years is lti. I’m still over a year from getting much accessible value from that. My savings rate will go up once I can access but not clear how much college costs will make a dent vs be absorbed against current child spending which I’ll admit is significant.

[lomiras285]

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.

Snipped 2022 update

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

I've been updating every August, so here it goes again for 2023. Some recovery, muted by a moderately conservative distribution.

Updating for 2023
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
2023: 10.5M

Impressive growth in the last decade (2010 to 20221). Congratulations . How much were you saving per year??

[goos_news]

snip my post

Impressive growth in the last decade (2010 to 20221). Congratulations . How much were you saving per year??

Thanks! I think we were have been saving anywhere from 125K to 300K+ per year. There were expenses in those years, like a major remodel and buying a place overseas.

[herpfinance]

$100k Sep 2014
$150k July 2016
$300k July 2019
$400k Oct 2020
$500k Feb 2021
$650k July 2023

Forgot to update at the last $100k mark, so I'll do 150k this time.

As I'm not using USD as my primary currency, it's getting harder to keep track with currency swings added to the mix.

I'm happy I kept posting in this thread, though. Otherwise I wouldn't have had a good sense of historical progress.

[peterwantstosave]

[Thread merged into here --admin LadyGeek]

Dec 21, 2017

$10,000 Emergency Fund
$27,000 Retirement (S&P 500 Index Funds)
$5,000 Hard Assets (Bonds, Gold, Silver)
$1,000 Vanguard STAR Fund (Taxable Brokerage Account)
$110,000 Home

$153,000 (or so) net worth

Aug 8, 2023

$25,000 Emergency Fund
$142,000 Retirement (403b & IRAs)
$0 Hard Assets
$30,000 (100% FSKAX) Taxable Brokerage Acct
$20,000 State Retirement
$140,000 House

$360,000 (or so) net worth.

Onward, thank you Bogleheads!

Peter

[Grt2bOutdoors]

Congrats! Keep plugging away.

[BetterPaws]

Dec 21, 2017

$10,000 Emergency Fund
$27,000 Retirement (S&P 500 Index Funds)
$5,000 Hard Assets (Bonds, Gold, Silver)
$1,000 Vanguard STAR Fund (Taxable Brokerage Account)
$110,000 Home

$153,000 (or so) net worth

Aug 8, 2023

$25,000 Emergency Fund
$142,000 Retirement (403b & IRAs)
$0 Hard Assets
$30,000 (100% FSKAX) Taxable Brokerage Acct
$20,000 State Retirement
$140,000 House

$360,000 (or so) net worth.

Onward, thank you Bogleheads!

Peter

Good job Peter!

[BizarroJerry]

Currently for fiancé and I:
130k in VTI (across all retirement accounts)
220k in cash equivalents (T-Bills, various CD’s etc.)
Not going to count tiny bit of ETH, jewelry or paid off cars.
Net Worth: 350k

We are looking to buy a house next year and put a large downpayment hence the large cash position. This time next year my projections are:

160k-165k in VTI (assuming just new contributions and that the market returns 0%)
300k cash equivalents (200 earmarked for house and 100 earmarked as: 50k emergency fund, 25k future car fund, 25k home repairs fund).
So hopefully by this time next year net worth is 460k. However, once we put 200 down on a 300k or so home, our net worth will drop to 360k since we will have a 100k mortgage. However, plan is to pay off the 100k mortgage quickly since rate will be high, so once that is paid off we should be well over 500k by then (about age 34-35). Goal is 1M net worth by 39-40.

[Darth Xanadu]

Currently for fiancé and I:
130k in VTI (across all retirement accounts)
220k in cash equivalents (T-Bills, various CD’s etc.)
Not going to count tiny bit of ETH, jewelry or paid off cars.
Net Worth: 350k

We are looking to buy a house next year and put a large downpayment hence the large cash position. This time next year my projections are:

160k-165k in VTI (assuming just new contributions and that the market returns 0%)
300k cash equivalents (200 earmarked for house and 100 earmarked as: 50k emergency fund, 25k future car fund, 25k home repairs fund).
So hopefully by this time next year net worth is 460k. However, once we put 200 down on a 300k or so home, our net worth will drop to 360k since we will have a 100k mortgage. However, plan is to pay off the 100k mortgage quickly since rate will be high, so once that is paid off we should be well over 500k by then (about age 34-35). Goal is 1M net worth by 39-40.

You are on a great track and seem to have a solid plan in place, good luck!

Most people consider home equity as part of overall net worth, even though it's largely inaccessible without additional transactions or loans.

[Doc7]

Not counting 529 or our home’s appreciation since purchase in 2016, (valuing it at purchase price) we hit 2 comma club / 7 figure net worth this past week. My wife and I are going out to dinner to celebrate tonight. Even splurging for a baby sitter

$915K is in retirement accounts in a 70/30 index fund portfolio (mostly TDFs where available.)

Thank you Bogleheads !

[R7000]

Me: 65 yo retired mechanical engineer, master's degree from public college, retired at age 58.
Her: 63 yo art major, real estate business owner, still working.

NW is $10MM

I always maxed out my 401k (which I would handle differently today). I cut my own grass up until age 63. We fly coach. I fixed 3 faucets myself yesterday. We live below our means, but wife spends a lot more on discretionary items than I do. Put two kids through college.

Our NW was around $11.5MM a couple of years ago but it went down due to a reduction in what we recognize in the value of wife's real estate business. Interest rates have crushed her earnings and we recognize the value of the business as about 6x earnings; thus the reduction.

We invest in Vanguard funds, 60/40 overall. I had a financial advisor for 1 yr (household name) and fired them.

55% of NW is in before tax iras. If I had to do it today I would do a lot more Roth. Forty years ago we had no clue if we'd be financially secure. Now we're looking at high RMDs. I'm advising my kids about this now.

[Coco nuts]

If I had to do it today I would do a lot more Roth. Forty years ago we had no clue if we'd be financially secure. Now we're looking at high RMDs. I'm advising my kids about this now.

Hi R7000, would like your thoughts on the Roth 401K. would you advise people to switch to Roth at a certain asset level say 500K or 1M? Thanks.

[ray.james]

If I had to do it today I would do a lot more Roth. Forty years ago we had no clue if we'd be financially secure. Now we're looking at high RMDs. I'm advising my kids about this now.

Hi R7000, would like your thoughts on the Roth 401K. would you advise people to switch to Roth at a certain asset level say 500K or 1M? Thanks.

Would look forward to what R7000 is doing now to mitigate or might recommend choosing earlier.

But what coconuts suggested is what I plan to do. According to SEPP rules a 2 million IRA using annuitization method yields 120K withdrawal. I have kept 55 as my possible early retirement age. So I have set 2mill at 55 as a benchmark point for switching to Roth. So to reach 2 million at 55, one needs to have 500k by 31 (or) 1 million by 43 to stop contributing to 401k completely.

[Wannaretireearly]

Been in NW regression mode this month smh.
Not so fun to see NW drop by six figures. Go figure…

[InvestorNewb]

Here are the amounts that I recall with a little story for each:

Age 22 - $30,000
I graduated university with $30k in savings. I was ahead of most of my peers because my parents paid for my schooling and I did not have to go into debt. After graduating, I spent the next few years working on my business that was already generating a small income of about $1k per month.

Age 26 - $100,000
My efforts proved to be valuable and the business saw an uphill trend in profit. I moved out of my parent's home late at age 26 with this amount saved. My mom was going to start charging my brother and I for rent (and rightfully so). We decided it was time to move out and we each got our own apartment.

Age 30 - $500,000
Between the ages of 26-30 my business had strong growth and I saved almost all of the profits. I was able to save the profits because I've been working a separate 9-5 job since the age of 24 to cover my expenses. I also use my day job as safety net in case the business goes to $0. The business began to see a downhill trend starting at age 30. At age 30, I also discovered this forum and invested most of my net worth into US stocks to compensate for the decline in active business income.

Age 33 - $900,000
By age 33, my account grew to $900k mostly due to the bull market and strong USD. I also save about 15k per year from my day job and put that into the market as well. I love saving and look forward to making contributions in my tax free/deferred accounts every year.

Age 34 (current) - $1,065,000
From the previous entry, the updated balance is mostly due to the continued bull market. I'm also working on revamping my business to make it profitable again. This isn't easy when I work 40 hours per week at my day job, but I'm squeezing time in on weekends to make it happen.

Wow - it's been exactly one year since I made the post above and I coincidentally happened to stumble upon it today. My update is below:

Age 35 (current) - $1,180,000
The updated balance is due to the continued bull market. It's amazing to see how money can grow when you save a lot of it and don't touch it. The project that I mentioned in my last entry is still in progress, but it is only 3 or 4 months away from completion. This year also marked a significant milestone in that after over a decade on contract in the public sector, I finally secured a permanent position with a pension. My job will continue to support my living expenses and I don't need to worry about being out of work or having to dip into my savings anymore.

Age 36 - $1,265,000
I'm slightly late updating this thread. I am now 37 and want to document my NW on here every year. I relaunched my business at age 36 after over three years in development. Things are very slow starting out but I'm confident that the persistence will pay off in a year or two. In terms of my career, I having been acting in a senior position for almost a year and hope that it will become a full-time position soon.

Age 37 - $1,380,000
I just turned 38 but at age 37, I saw wild swings in my net worth (as did everyone who was invested) due to covid-19. My net worth peaked at about 1.38M from what I recall. It even dipped below $1M at one point, but thankfully, I had the perseverance to stay invested and it paid off. I also secured the full-time position that I mentioned in my previous entry. The competitive process for the job was very long and stressful and I'm happy that it's over. I'm looking forward to the $1.5M milestone.

Age 38 - $1,710,000
I hit (and exceeded) the $1.5M milestone that I was hoping to attain in my previous entry. I didn't think it would come this quickly. $2M is now in sight; I would love to have $2M before 40 but I'm not sure if I will meet that goal. I only have one year left before turning 40. It would require a strong and continued bull market (+17% increase). The year went by quickly because of covid-19 and because of working from home. At work, I started acting for my managers while they were away on vacation. It seems that more of these opportunities will present themselves. I haven't decided yet if I want to be a manager but will continue to take these opportunities as they come.

Age 39 - $1,855,000
I received a small bump in my previous net worth. Despite not withdrawing any of my investments, market returns were not significant this year. Although I am writing this journal late, I did meet someone who could be my future lifelong partner. I met her at 38 or 39. I have also continued my acting role as a manager.

Age 40 - $1,750,000
The market returns were negative this year and hence the reduced balance. This marks the first year where my net worth did not have an upwards trajectory. I also did not achieve the $2M net worth that I was hoping to by age 40. I continued acting as a manager this year and I also moved into a home that I rent with my partner. I also made it into a competitive pool after a very long and arduous process. My partner and I are thinking about buying a home together and therefore I may need to sell some of my shares in the near future, which I have never done before. We are also thinking about having a family if things work out between us.

[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.

Nice work, do you mind sharing what type of business/ industry?

Hospitality industry!

[slowsteadygrowth]

Been reading this forum for several years and find it helpful, so wanted to share. We are late 40s, started with some student loan debt (about $30K each), both with graduate degrees, one immigrant background. Started tracking since 2013. Portfolio is primarily US equities in 401k, and net worth includes primary residence (less mortgage) and a mortgaged investment property that is (barely) cash flow positive.

Dec 2013: $700K
Dec 2014: $770K
Dec 2015:$970K
Dec 2016:$1.25M
Dec 2017:$1.5M
Dec 2018:$1.7M
Dec 2019:$2.2M
Dec 2020:$2.5M
Dec 2021:$2.9M
Dec 2022:$2.7M
Sept 2023: $3.0M, about 1.2M is primary residence.

Live in very expensive cost of living area, and do not feel financially secure, but grateful for what we have saved.

[ge1]

Early 50s, married, 1 child. Double income until 2017, DW did some consulting afterwards, she has been happily retired now for 2 years.

2007: crossed 1.0m
2010: >2.0m
2016: >3.0m
2017: 3.76m
2018: 3.96m
2019: 4.6m
2020: 5.4m
2021: 6.6m
2022: 6.8m

currently 6.9m

[archie75]

Age: 30M
Job: Military w/ $100k salary
100% Equities

January 2018: $104k
January 2019: $136k
January 2020: $201k
January 2021: $346k
January 2022: $438k
January 2023: $400k
September 2023: $500k

[broncocountry25]

Early 50s, married, 1 child. Double income until 2017, DW did some consulting afterwards, she has been happily retired now for 2 years.

2007: crossed 1.0m
2010: >2.0m
2016: >3.0m
2017: 3.76m
2018: 3.96m
2019: 4.6m
2020: 5.4m
2021: 6.6m
2022: 6.8m

currently 6.9m

Congrats those are some big numbers. Are you going to retire early? What is the end goal?

[moral_hazard]

Age: 35
Job: Software Engineer
96% Equity

Year | Ending Balance in Vanguard

2013 $ 1,437
2014 $ 7,750
2015 $ 153,307
2016 $ 466,659
2017 $ 574,492
2018 $ 694,335
2019 $ 1,081,535
2020 $ 1,399,969
2021 $ 1,834,666
2022 $ 1,551,308
2023 $ 1,850,000

about the same amount tied up in private equities which may or may not end up being liquid / convertible into cash.

[yobyot]

55% of NW is in before tax iras. If I had to do it today I would do a lot more Roth. Forty years ago we had no clue if we'd be financially secure. Now we're looking at high RMDs. I'm advising my kids about this now.

Yup...kinda feels like we were hoodwinked. Back in the 1970s, when I first started saving, the message was, "IRAs are great because your tax rate in retirement will be lower."

Ha!

Part B IRMAA; Part D IRMAA; Taxachusetts, taxes on Social Security, dividends and cap gains. Post-tax expenses for Medigap. It's a lot.

It's what my buddy calls a "zero-world problem," and I admit I am fortunate to be in this position.

But it takes a if-you-squint-really-hard-it's-a-1% net worth and makes it a whole lot less valuable.

[Olemiss540]

55% of NW is in before tax iras. If I had to do it today I would do a lot more Roth. Forty years ago we had no clue if we'd be financially secure. Now we're looking at high RMDs. I'm advising my kids about this now.

Yup...kinda feels like we were hoodwinked. Back in the 1970s, when I first started saving, the message was, "IRAs are great because your tax rate in retirement will be lower."

Ha!

Part B IRMAA; Part D IRMAA; Taxachusetts, taxes on Social Security, dividends and cap gains. Post-tax expenses for Medigap. It's a lot.

It's what my buddy calls a "zero-world problem," and I admit I am fortunate to be in this position.

But it takes a if-you-squint-really-hard-its-a-1% net worth and makes it a whole lot less valuable.

Just means you retired to late.

[yobyot]

55% of NW is in before tax iras. If I had to do it today I would do a lot more Roth. Forty years ago we had no clue if we'd be financially secure. Now we're looking at high RMDs. I'm advising my kids about this now.

Yup...kinda feels like we were hoodwinked. Back in the 1970s, when I first started saving, the message was, "IRAs are great because your tax rate in retirement will be lower."

Ha!

Part B IRMAA; Part D IRMAA; Taxachusetts, taxes on Social Security, dividends and cap gains. Post-tax expenses for Medigap. It's a lot.

It's what my buddy calls a "zero-world problem," and I admit I am fortunate to be in this position.

But it takes a if-you-squint-really-hard-its-a-1% net worth and makes it a whole lot less valuable.

Just means you retired to late.

Where do you get the idea I've retired?

[njdealguy]

Age: 35
Job: Software Engineer
96% Equity

Year | Ending Balance in Vanguard

2013 $ 1,437
2014 $ 7,750
2015 $ 153,307
2016 $ 466,659
2017 $ 574,492
2018 $ 694,335
2019 $ 1,081,535
2020 $ 1,399,969
2021 $ 1,834,666
2022 $ 1,551,308
2023 $ 1,850,000

about the same amount tied up in private equities which may or may not end up being liquid / convertible into cash.

Quite a delta from 2015 to 2016! How did you triple your NW then?

[moral_hazard]

Age: 35
Job: Software Engineer
96% Equity

Year | Ending Balance in Vanguard

2013 $ 1,437
2014 $ 7,750
2015 $ 153,307
2016 $ 466,659
2017 $ 574,492
2018 $ 694,335
2019 $ 1,081,535
2020 $ 1,399,969
2021 $ 1,834,666
2022 $ 1,551,308
2023 $ 1,850,000

about the same amount tied up in private equities which may or may not end up being liquid / convertible into cash.

Quite a delta from 2015 to 2016! How did you triple your NW then?

That was growth in and cashing out of company stock options.

[Olemiss540]

55% of NW is in before tax iras. If I had to do it today I would do a lot more Roth. Forty years ago we had no clue if we'd be financially secure. Now we're looking at high RMDs. I'm advising my kids about this now.

Yup...kinda feels like we were hoodwinked. Back in the 1970s, when I first started saving, the message was, "IRAs are great because your tax rate in retirement will be lower."

Ha!

Part B IRMAA; Part D IRMAA; Taxachusetts, taxes on Social Security, dividends and cap gains. Post-tax expenses for Medigap. It's a lot.

It's what my buddy calls a "zero-world problem," and I admit I am fortunate to be in this position.

But it takes a if-you-squint-really-hard-its-a-1% net worth and makes it a whole lot less valuable.

Just means you retired to late.

Where do you get the idea I've retired?

Regret taxes you havent even started paying yet? You were right on the zero world problem.

[SurferLife]

1995-2006 $99,326.00
2007 $116,489.00
2008 $105,048.09
2009 $246,258.51 (deployed)
2010 $317,451.97
2011 $367,183.08
2012 $472,524.68
2013 $629,839.46 (inheritance)
2014 $880,926.40
2015 $913,666.55
2016 $993,474.54
2017 $1,158,136.15
2018 $1,142,128.38
2019 $1,304,158.67
2020 $1,370,367.73
2021 $1,691,446.57 (land sale)
2022 $1,671,191.68
2023 $2,030,000.00 (estimated + inheritance)

Not calculated into our net worth figures is that in 2020 I started to receive my pension which is paying around 120k/yr (net). Home is halfway paid off with about 500k still left on the mortgage; we will retire early in 2023 at ages 52/44. My income started at around 25k/yr in 1995 and never exceeded low 6 figures with most of our net worth coming from slow growth in index funds. When I wasn't being a Boglehead, it took 10 years to save my first 100k! Once I got things figured out and really started to save is when things really started to take-off (along with increasing income). Noticeable jumps in progression were due to a military deployment in 2009, small inheritance in 2013, land sale in 2021, and a larger inheritance in 2023. That said, it was really our saving and spending habits that kept us on-track so that we could achieve our goal of buying our retirement farm. We did settle in a VHCOL area, so we still need to be cautious with our spending, but it looks like we won't starve or become homeless anytime soon. We are very grateful for the help that Bogleheads has provided to our family.

[Wannaretireearly]

1995-2006 $99,326.00
2007 $116,489.00
2008 $105,048.09
2009 $246,258.51 (deployed)
2010 $317,451.97
2011 $367,183.08
2012 $472,524.68
2013 $629,839.46 (inheritance)
2014 $880,926.40
2015 $913,666.55
2016 $993,474.54
2017 $1,158,136.15
2018 $1,142,128.38
2019 $1,304,158.67
2020 $1,370,367.73
2021 $1,691,446.57 (land sale)
2022 $1,671,191.68
2023 $2,030,000.00 (estimated + inheritance)

Not calculated into our net worth figures is that in 2020 I started to receive my pension which is paying around 120k/yr (net). Home is halfway paid off with about 500k still left on the mortgage; we will retire early in 2023 at ages 52/44. My income started at around 25k/yr in 1995 and never exceeded low 6 figures with most of our net worth coming from slow growth in index funds. When I wasn't being a Boglehead, it took 10 years to save my first 100k! Once I got things figured out and really started to save is when things really started to take-off (along with increasing income). Noticeable jumps in progression were due to a military deployment in 2009, small inheritance in 2013, land sale in 2021, and a larger inheritance in 2023. That said, it was really our saving and spending habits that kept us on-track so that we could achieve our goal of buying our retirement farm. We did settle in a VHCOL area, so we still need to be cautious with our spending, but it looks like we won't starve or become homeless anytime soon. We are very grateful for the help that Bogleheads has provided to our family.

Great journey!

[Pu239]

Wow...net worth to the penny!

[SurferLife]

Wow...net worth to the penny!

Lol. I never even noticed that, it’s just how the spreadsheet carried it over from other columns. I guess I can modify that column and get some extra width back.

[slowsteadygrowth]

1995-2006 $99,326.00
2007 $116,489.00
2008 $105,048.09
2009 $246,258.51 (deployed)
2010 $317,451.97
2011 $367,183.08
2012 $472,524.68
2013 $629,839.46 (inheritance)
2014 $880,926.40
2015 $913,666.55
2016 $993,474.54
2017 $1,158,136.15
2018 $1,142,128.38
2019 $1,304,158.67
2020 $1,370,367.73
2021 $1,691,446.57 (land sale)
2022 $1,671,191.68
2023 $2,030,000.00 (estimated + inheritance)

Not calculated into our net worth figures is that in 2020 I started to receive my pension which is paying around 120k/yr (net). Home is halfway paid off with about 500k still left on the mortgage; we will retire early in 2023 at ages 52/44. My income started at around 25k/yr in 1995 and never exceeded low 6 figures with most of our net worth coming from slow growth in index funds. When I wasn't being a Boglehead, it took 10 years to save my first 100k! Once I got things figured out and really started to save is when things really started to take-off (along with increasing income). Noticeable jumps in progression were due to a military deployment in 2009, small inheritance in 2013, land sale in 2021, and a larger inheritance in 2023. That said, it was really our saving and spending habits that kept us on-track so that we could achieve our goal of buying our retirement farm. We did settle in a VHCOL area, so we still need to be cautious with our spending, but it looks like we won't starve or become homeless anytime soon. We are very grateful for the help that Bogleheads has provided to our family.

Very inspiring, thanks for sharing.

[irr]

2014: 20k
2015: 50k
2016: 100k
2017: 80k
2018: 174k
2019: 1.1m
2020: 1.8m
2021: 2.8m
2022: 3.7m
2023: 5.7m

Had a great year and sold a few projects that hit 2-4x multiples on my cash invested.

[ge1]

Early 50s, married, 1 child. Double income until 2017, DW did some consulting afterwards, she has been happily retired now for 2 years.

2007: crossed 1.0m
2010: >2.0m
2016: >3.0m
2017: 3.76m
2018: 3.96m
2019: 4.6m
2020: 5.4m
2021: 6.6m
2022: 6.8m

currently 6.9m

Congrats those are some big numbers. Are you going to retire early? What is the end goal?

Thanks. I‘m in a well paying C-Suite role right now, which is honestly not very stressful and I actually enjoy what I‘m doing, so I keep going for a while. I work remote every other week, play tennis 1 morning during the week and mountain bike during the day at least one more day, so a pretty ideal set up. Our daughter is only in Middle School so until she goes to College we can’t really travel extensively anyway so I may as well keep going

[player2012]

Dual income, ~47 with 2 kids. Started tracking around 2013 but not been consistent

2013: $770K
2014: $1.0M
2015: $1.3M
2016: $1.5M
2017: $2.0M
2018: $2.6M
2019: $2.9M
2020: $3.5M
2021: $5.4M
Current: ~$7.0M

[CletusCaddy]

Dual income, ~47 with 2 kids. Started tracking around 2013 but not been consistent

2013: $770K
2014: $1.0M
2015: $1.3M
2016: $1.5M
2017: $2.0M
2018: $2.6M
2019: $2.9M
2020: $3.5M
2021: $5.4M
Current: ~$7.0M

Are you saving $1M per year? VTI is only up 12% YTD, and 2022 should have been a down year for most everyone

[Glockenspiel]

Dual income, ~47 with 2 kids. Started tracking around 2013 but not been consistent

2013: $770K
2014: $1.0M
2015: $1.3M
2016: $1.5M
2017: $2.0M
2018: $2.6M
2019: $2.9M
2020: $3.5M
2021: $5.4M
Current: ~$7.0M

This is incredibly inspiring. I’m at $2.0M and can’t imagine getting to $7.0M in another 6 years. If you don’t mind sharing, what’s your approximate annual household income?

[DoubleR]

It's inspiring to see all these folks with such a high net worth, and at the same time I think I must be one of the lowest net worth folks on this site....lol

[stoptothink]

Dual income, ~47 with 2 kids. Started tracking around 2013 but not been consistent

2013: $770K
2014: $1.0M
2015: $1.3M
2016: $1.5M
2017: $2.0M
2018: $2.6M
2019: $2.9M
2020: $3.5M
2021: $5.4M
Current: ~$7.0M

This is incredibly inspiring. I’m at $2.0M and can’t imagine getting to $7.0M in another 6 years. If you don’t mind sharing, what’s your approximate annual household income?

With home equity we're a bit over 2.0M at approximately same age as player2012 was in '17 (I'm 42 and wife is 37). Even though we're saving >50% of gross ($160-$190k/yr) I can't even fathom getting to $7M in the next 6yrs. I'd be over the moon with $4.5M by 50 (my target retirement age), but I guess we'll see what the market does in the next few years.

[Firemenot]

Dual income, ~47 with 2 kids. Started tracking around 2013 but not been consistent

2013: $770K
2014: $1.0M
2015: $1.3M
2016: $1.5M
2017: $2.0M
2018: $2.6M
2019: $2.9M
2020: $3.5M
2021: $5.4M
Current: ~$7.0M

Are you saving $1M per year? VTI is only up 12% YTD, and 2022 should have been a down year for most everyone

Lots of options would be my guess — especially at C-suite.

[Glockenspiel]

This is incredibly inspiring. I’m at $2.0M and can’t imagine getting to $7.0M in another 6 years. If you don’t mind sharing, what’s your approximate annual household income?

With home equity we're a bit over 2.0M at approximately same age as player2012 was in '17 (I'm 42 and wife is 37). Even though we're saving >50% of gross ($160-$190k/yr) I can't even fathom getting to $7M in the next 6yrs. I'd be over the moon with $4.5M by 50 (my target retirement age), but I guess we'll see what the market does in the next few years.

I'm around the same as you. With home equity we're between $2.0 and $2.1M. Wife is 39 and I'm 38. Our goal is around $4-4.5M by age 50ish (~$3.5M in today's dollars, depending on inflation) and would also be ecstatic with more than tripling my net worth in 6 years.

[vrr106]

Interesting thread, posting my progression (47 yo, married w/ 2 kids):

1997: $0 (started first job after grad school)
2000: $250,000 (dotcom peak, mostly company stock, owed money on BMW and house I didn't need)
2001: $100,000 (dotcom bust)
2004: $150,000 (got married, started new stable job with lower pay, spouse started first job after grad school)
2007: $300,000
2009: $500,000
2011: $750,000
2013: $1M (spouse and I started new job)
2015: $1.5M
2017: $2.5M (restricted stock starts to vest)
2018: $3.5M
2020: $5.5M (market driven + stock vesting)
2021: Spouse is taking a break, income is halved, will see how this progresses

Update
2021: $6M (excluding home and unvested stock, all figures pre-tax)

Funny how this thread becomes more active when the markets do well:)
2022 bottomed at $5.3M
2023: $6.6M (on one income - DW's - but benefitting from staying invested and stock vests)

[goodenyou]

Interesting thread, posting my progression (47 yo, married w/ 2 kids):

1997: $0 (started first job after grad school)
2000: $250,000 (dotcom peak, mostly company stock, owed money on BMW and house I didn't need)
2001: $100,000 (dotcom bust)
2004: $150,000 (got married, started new stable job with lower pay, spouse started first job after grad school)
2007: $300,000
2009: $500,000
2011: $750,000
2013: $1M (spouse and I started new job)
2015: $1.5M
2017: $2.5M (restricted stock starts to vest)
2018: $3.5M
2020: $5.5M (market driven + stock vesting)
2021: Spouse is taking a break, income is halved, will see how this progresses

Update
2021: $6M (excluding home and unvested stock, all figures pre-tax)

Funny how this thread becomes more active when the markets do well:)
2022 bottomed at $5.3M
2023: $6.6M (on one income - DW's - but benefitting from staying invested and stock vests)

You could start a thread that reads "Share your net worth decline". There would be plenty of recent posts.

[vrr106]

You could start a thread that reads "Share your net worth decline". There would be plenty of recent posts.

Someone created it in 2022 and as one might expect, it was busy last year and quiet this year.
viewtopic.php?t=377048

[Glockenspiel]

You could start a thread that reads "Share your net worth decline". There would be plenty of recent posts.

Mine peaked at the end of July 2023 at around $2.069M and is currently around $2.058M.

[livingalmostlarge]

2003 $0 or negative with student loans, car loans, and a mortgage.

2023 $4-5m now without our private company stock.

[srblanco7]

2006 $552k
2012 $1.12M
2016 $2.07M
2019 $3.85M
2021 $5.71M
current $5.37M

I'm 54, DW 53. Both still working with plans for DW to retire next year and for me to go part-time in May 2024.

[dont_make_me_slap_u]

It's inspiring to see all these folks with such a high net worth, and at the same time I think I must be one of the lowest net worth folks on this site....lol

I have mixed feelings about these types of threads. On one hand it's fascinating to see others' journies, but at the same time it's difficult to not compare our own numbers & progress despite the advice about "comparison being the thief of joy" and "staying in your own lane", etc. It's just human nature to want to compare ourselves to others. I guess it's important to keep in mind that this represents only one (and an incomplete) aspect of someone's life, and we may not want to trade places with them if we knew the entire picture.