Share your net worth progression

[Wannaretireearly]

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.

After seeing NW numbers here and other places, it is inspirational to me. Being able to accomplish a high nw, at a relatively low age while keeping expenses in check and living a good life is spinning 4 plates at the same time. Very, very few achieve this (FI). I consider it a privilege to be around others who share their NW and journey. It helps me think about my 4 spinning plates and the perfect balance needed to achieve FI.

[Firemenot]

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.

I’d be a poster on that. My NW is still way down from what it was at end of 2021 — and that’s before factoring double digit cumulative inflation.

[Firemenot]

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.

Most of the big number jumps are right place, right time (options/RSUs at companies with stock that’s been ripping). Not very replicable. I don’t run in business owners circles, but in the land of W2 corporate workers, all the truly wealthy I know (8-9 figure net worths) got that way off RSUs and stock options at companies with great stock performance.

I also know plenty of people whose stock options have done nothing for over a decade. There are lots of large companies with stagnant stock prices too.

[stoptothink]

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.

Most of the big number jumps are right place, right time (options/RSUs at companies with stock that’s been ripping). Not very replicable. I don’t run in business owners circles, but in the land of W2 corporate workers, all the truly wealthy I know (8-9 figure net worths) got that way off RSUs and stock options at companies with great stock performance.

I also know plenty of people whose stock options have done nothing for over a decade. There are lots of large companies with stagnant stock prices too.

My wife works at a tech company that went public ~6 months before she started. When she started a little over 2yrs ago, stock price was >$400/share. By the time her first batch of RSU's vested, the price was <$60/share. Some of her colleagues who started before her bought homes in cash when they IPO'd and then received massive quarterly payouts over the next year or so as stock price remained high. A family friend who helped her get the job has been there for ~6yrs but is at about the same level within the organization, he bought his home in cash with the IPO and a Ford Mach-E GT (~$65k car) with a single RSU grant shortly after. For wife, up to this point, her RSUs have basically been an extra paycheck every quarter. Had she started at this company even a year earlier (and our friend had been trying to get her to come over for ~2yrs), our financial situation would be significantly different. Right time, right place.

[goodenyou]

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.

Most of the big number jumps are right place, right time (options/RSUs at companies with stock that’s been ripping). Not very replicable. I don’t run in business owners circles, but in the land of W2 corporate workers, all the truly wealthy I know (8-9 figure net worths) got that way off RSUs and stock options at companies with great stock performance.

I also know plenty of people whose stock options have done nothing for over a decade. There are lots of large companies with stagnant stock prices too.

My wife works at a tech company that went public ~6 months before she started. When she started a little over 2yrs ago, stock price was >$400/share. By the time her first batch of RSU's vested, the price was <$60/share. Some of her colleagues who started before her bought homes in cash when they IPO'd and then received massive quarterly payouts over the next year or so as stock price remained high. A family friend who helped her get the job has been there for ~6yrs but is at about the same level within the organization, he bought his home in cash with the IPO and a Ford Mach-E GT (~$65k car) with a single RSU grant shortly after. For wife, up to this point, her RSUs have basically been an extra paycheck every quarter. Had she started at this company even a year earlier (and our friend had been trying to get her to come over for ~2yrs), our financial situation would be significantly different. Right time, right place.

I was lucky to be on call the morning I met my (future) wife in the elevator at the hospital 30 years ago. She was rarely there on Saturdays and we started a conversation in the elevator. Good thing I followed her into the ICU even though I didn’t have a patient there at the time.

Right place, right time

[DiploInvestor]

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.

Most of the big number jumps are right place, right time (options/RSUs at companies with stock that’s been ripping). Not very replicable. I don’t run in business owners circles, but in the land of W2 corporate workers, all the truly wealthy I know (8-9 figure net worths) got that way off RSUs and stock options at companies with great stock performance.

I also know plenty of people whose stock options have done nothing for over a decade. There are lots of large companies with stagnant stock prices too.

My wife works at a tech company that went public ~6 months before she started. When she started a little over 2yrs ago, stock price was >$400/share. By the time her first batch of RSU's vested, the price was <$60/share. Some of her colleagues who started before her bought homes in cash when they IPO'd and then received massive quarterly payouts over the next year or so as stock price remained high. A family friend who helped her get the job has been there for ~6yrs but is at about the same level within the organization, he bought his home in cash with the IPO and a Ford Mach-E GT (~$65k car) with a single RSU grant shortly after. For wife, up to this point, her RSUs have basically been an extra paycheck every quarter. Had she started at this company even a year earlier (and our friend had been trying to get her to come over for ~2yrs), our financial situation would be significantly different. Right time, right place.

Coinbase?

[stoptothink]

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.

Most of the big number jumps are right place, right time (options/RSUs at companies with stock that’s been ripping). Not very replicable. I don’t run in business owners circles, but in the land of W2 corporate workers, all the truly wealthy I know (8-9 figure net worths) got that way off RSUs and stock options at companies with great stock performance.

I also know plenty of people whose stock options have done nothing for over a decade. There are lots of large companies with stagnant stock prices too.

My wife works at a tech company that went public ~6 months before she started. When she started a little over 2yrs ago, stock price was >$400/share. By the time her first batch of RSU's vested, the price was <$60/share. Some of her colleagues who started before her bought homes in cash when they IPO'd and then received massive quarterly payouts over the next year or so as stock price remained high. A family friend who helped her get the job has been there for ~6yrs but is at about the same level within the organization, he bought his home in cash with the IPO and a Ford Mach-E GT (~$65k car) with a single RSU grant shortly after. For wife, up to this point, her RSUs have basically been an extra paycheck every quarter. Had she started at this company even a year earlier (and our friend had been trying to get her to come over for ~2yrs), our financial situation would be significantly different. Right time, right place.

Coinbase?

No and I'd prefer not to say...but I realize I provided information that could make it pretty easy to narrow it down

[Bb073084]

Me (38) DW (41) -

2016 - $500k
2017 - $750k
2018 - $1.0M
2019 - $1.1M (bought first house)
2020 - $1.4M
2021 - $2.5M (received windfall)
2022 $2.2M
2023 YTD $2.6M (does not include $0.5m -$1.0m of illiquid private equity)

Really looking forward to the next bull market to start to see things take off at a faster pace.

[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

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

For 2022 and 2023 our savings average around that number.

[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

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?

Income varies quite a bit as a big chunk of it comes from RSUs. We have been lucky over the last 3-4 years as we have been doing well at our jobs and our companies have been doing well.

[bluejava]

I update at end of Sept, so here we go

2013 65k
2014 130k
2015 230k
2016 490k
2017 760k
2018 960k
2019 1.4m
2020 1.8m
2021 2.5m
2022 2.5m
2023 3.0m

[the_frugal_cpa]

26 (in a month) year old CPA living in the NYC metro here. I'll post some of my shorter history as I've only been invested for a short time. I happened to start tracking around when COVID hit, and have been investing heavily since.

100% in VTSAX / other S&P equivalent across HSA, ROTH, 401k and brokerage.

I budget a little less granularly than others, but it has worked out so far. I maintain about 3-4ish months of E-funds ($7,500). I have thought about paring it back to $5,000 as I could find work pretty quick as a CPA in NYC. I max my 401(k), ROTH, HSA and (try to) invest the same $ that I spend on fixed expenses. The budget looks like this -

net take-home $ 4,530 (biweekly)
fixed expenses (1,718) inclusive of: rent, utilities, wifi, cable, media subscriptions. company phone + gym, no debt
brokerage (1,718)
monthly take 1,094
weekly take ~270

That weekly take figure is what I have left over for food, drinks, entertainment, etc. I eat out ~1-2x a week (chipotle) and rarely go over my weekly $270 allotment.

I am lucky to have no debt and relatively low expenses for a NYC metro resident. When I first started tracking at the start of COVID, I set the following goals, which seemed way too high at the time. I am under no illusion that the stock market gains will stay this frothy. I look forward to updating this and seeing how reality plays out -

26 - 75k
27 - 125k
30 - 350k

Date - Age - Net worth - total comp

6/1/20 - 24 - $29,179 - $2,500 - 65,000 (timely $5k investment into roth, upped 401k %)
12/1/20 - 25 - $40,000 - $2,500 - 70,000
6/1/ 21 - 25 - $64,645 - $5,000 - 80,000
10/15/21- 25 - $90,106 - $7,500 - 125,000 (sold car for 12k net-of-debt, 15k signing bonus)

1x salary invested is always always just out of reach, but I hope to get there by 6/1/22.

Apologies for the lengthy post!

Following up on this ~11 months later and a bit further into the Manhattan lifestyle. (It is more expensive than you expect but absolutely worth every penny - I can't imagine living anywhere else in my mid/late 20s.).


net take-home $ 5,300 (every 14 days)
fixed expenses (2,450) inclusive of: rent, utilities, wifi, cable, media subscriptions. company phone + gym, no debt
brokerage (1,000) <-- sad to have had to cut this back. next pay raise we'll get back on track
monthly take 1,850
weekly take ~460 <-- bumped this up from $270 because getting 'one more drink' in Manhattan quickly adds up....

I wasn't able to reach my $125k by 27 goal because of the market - I've invested ~$30k since the last post, the NW has only gone up $19k. The NW has remained essentially stable since Jan-22 (looking forward to our next S&P rebound!)

Date - Age - Net worth - e-fund - total comp

6/1/20 - 24 - $29,179 - $2,500 - 65,000 (timely $5k investment into roth, upped 401k %)
12/1/20 - 25 - $40,000 - $2,500 - 70,000
6/1/ 21 - 25 - $64,645 - $5,000 - 80,000
10/15/21- 25 - $90,106 - $7,500 - 125,000 (sold car for 12k net-of-debt, 15k signing bonus)
9/20/22 - 26 - $109,408 - $6,500 - 140,000

The goal by 30 is still to have $350k in total net worth, although it may be a bit ambitious. I'm averaging a little over $3,000 per month invested, which is expected to go up as I'm nearing a promotion that'll boost my bonus & salary while maintaining the same lifestyle.

Eventually (~5 years?) my taxable brokerage will become the down payment on a house. No plans on buying in a city, and will likely de-risk as the date comes closer. Would like have the E-Fund stable at ~$10k in the next year or so, likely using the bonus to fill it up + Roth/HSA next year.

Overall, no complaints in life. Saving a decent amount, experiencing Manhattan to the fullest, and progressing in both my career & relationship.

Another year, another post... Happy and grateful to have reached the 1x milestone.

Everything in my life is great and moving forward, except now I have reached the terminal level of my M&A accounting job. After a recent promotion, everything beyond my current role is sales/client management but still has long hours & no WLB. Hopefully, by next year (job market willing) I will have moved on from this job to a fulfilling career (aka, non-Big4).
 
Date - Age - Net worth - e-fund - total comp

6/1/20 - 24 - $29,179 - $2,500 - 65,000 (timely $5k investment into roth, upped 401k %)
12/1/20 - 25 - $40,000 - $2,500 - 70,000
6/1/ 21 - 25 - $64,645 - $5,000 - 80,000
10/15/21- 25 - $90,106 - $7,500 - 125,000 (sold car for 12k net-of-debt, 15k signing bonus)
9/20/22 - 26 - $109,408 - $6,500 - 140,000
10/2/22 - 27 - $172,617 - $7,500 - 160,000

[calisaver]

I update at end of Sept, so here we go

2013 65k
2014 130k
2015 230k
2016 490k
2017 760k
2018 960k
2019 1.4m
2020 1.8m
2021 2.5m
2022 2.5m
2023 3.0m

Great work! Mind sharing your age?

[N10sive]

I update at end of Sept, so here we go

2013 65k
2014 130k
2015 230k
2016 490k
2017 760k
2018 960k
2019 1.4m
2020 1.8m
2021 2.5m
2022 2.5m
2023 3.0m

Curious did you do anything between 2016-2017 differently or just savings and growth?

[tj]

44k July 2010 (age 25)
100k ??? 2012 (age 27)
200k Nov 2013 ( age 28)
300k Feb 2017 (age 31)
400k Feb 2021 (age 35)
500k May 2021 (age 36)
600k June 2023 (age 38)

[blueberrypi]

2018 - I finished college and started working, with about 15k left from working and a small inheritance.
2019 - 30k. Working full time, saving, started investing in company 401k.
2020 - 60k. Doubled down after March when the markets tanked.
2021 - 85k. Opened Roth IRA and taxable accounts.

2023 update; now married and no longer renting.
140k (me & DW combined) plus 70k home equity (down payment) gets us to.. 210k.

It feels like one step forward two steps back with the volatility in the stock market and putting money aside for the house purchase. All we can do is stay the course.

[rocket354]

Had quite a few years when I didn't record it, but I have a somewhat unusual progression.

2006: $250,000
2011: -$150,000 (yes, negative)
2015: $150,000
2019: $560,000
2020: $700,000
2021: $1,200,000

Here's hoping I never go negative again...

2022: $1,500,000

Got lucky to ride the real estate market to its peak in June '22, when I sold off 80% of my rental portfolio and dumped all the proceeds into index funds, which is now up a little bit. As well, I kept saving as much as possible. Given the state of the market, I just hope by this time next year my number is greater than my current number.

2023: $1,700,000

I did something not recommended and did a quick calculation on how much more I'd have if I were 100% TSM instead of doing my small cap, value, and international tilts this year. It's about $60k. Staythecoursestaythecoursestaythecourse...

[WhiteMaxima]

50 plus old 15x yearly income is our net worth. We don’t track our net worth history. It’s waste our time.

[SurferLife]

50 plus old 15x yearly income is our net worth. We don’t track our net worth history. It’s waste our time.

I really enjoy the tracking as it gives me some fulfillment in what we’ve been able to do. For some years, it’s really incredible to see how the market increases the value. It also helps to see how it can grow. I was conservative in my asset allocation for a few years and looking back on those values really showed me how that decision negatively affected me, but I don’t think I would have seen that if not in the context of those past values.

If you’re not tracking your past values, do you just delete your old data and replace it with new values?

[WhiteMaxima]

We saved 30% of our income into tax deferred account and bought several real estate. We knew we are on the right track. No need to calculate details.

[theplayer11]

I'll play. Wife and myself combined take home never over $150k. Just retirement accounts below.
Put 2 kids through private colleges.

2006-$130k-age 41
2007-$178k
2008-$114k
2009-$191k
2010-$237k
2011-$224k
2012-$264k
2013-$356k
2014-$421k
2015-$489k
2016-$527k
2017-$679k
2018-$730k
2019-1M
2020-$1.2M
2021-$1.38M
2022-$1.17
2023 YTD-$1.3M

[126inc]

2004 |$167K | 22
2005 | $210K |23
2006 | $255K | 24
2007 | $389K | 25
2008 | $432K | 26
2009 | $501K | 27
2010 | $587K | 28
2011 | $1MM | 29 <= IPO
2012 | $1.6MM |30
2013 | $1.9MM |31
2014 | $2.1MM |32
2015 | $2.4MM |33
2016 | $2.5MM | 34
2017 | $2.9MM | 35
2018 | $2.7MM |36
2019 | $3.2MM |37
2020 | $10.3MM | 38 <= IPO

NW excludes value of house. Got lucky, work in tech and had a great year due to long awaited IPO (almost 10 years). One more company I used to work at hopefully to go public in the next year or two. Gains in the other years primarily driven by long held positions in big tech

2021 update as I'm about to turn 39

2021 | $12.6MM | 39

IPO #3 allegedly on track to file S-1 Q4 2021, but I'll believe it when I see it

whelp there was no IPO and I'm highly concentrated in tech, fortunate to end the year at:
2022 | $10.9MM | 40

2023 | 13.7MM | 41
still no IPO, stayed invested

[Vanguard User]

NW: $673,500. Age 45 single male, no kids.

[holycow007]

2007 - 0 (got married) - age 28
2010- 80K (had a kid)
2013 - 150K
2014- didn't track
2015- didn't track (home purchase)
2016 - 500K
2017: 700K (adopted our retriever) - age 38

2018 - 900K
2019 - 1.15M
2020 - 1.3M

2021: 2M

Bigger jump than I anticipated - continued to invest as before during pandemic. Bought a house late 2020 and kept old house -between both $500K was added in equity.

2022: 2.35M

Keeping head down and moving for now.

2023: 2.5M

[Lucky2Invest]

These posts are killing me. Am I the only one still down 10% from early 2022?

[luminous]

These posts are killing me. Am I the only one still down 10% from early 2022?

Definitely not. January 2022 is still my inflation adjusted high water mark. But I am semi-retired and not adding to savings significantly.

[Glockenspiel]

Household net worth (includes home equity):
2010 (Age 25) - $30k
2011 (Age 26) - $102k
2012 (Age 27) - $162k
2013 (Age 28) - $208k
2014 (Age 29) - $288k
2015 (Age 30) - $361k
2016 (Age 31) - $481k
2017 (Age 32) - $589k
2018 (Age 33) - $627k
2019 (Age 34) - $848k
2020 (Age 35) - $1.238 million
2021 (Age 36) - $1.645 million
2022 (Age 37) - $1.828 million
Today 2023 (Age 38) - $2.092 million

We just broke back through our previous record high, which was mid-July 2023.

[Grogs]

These posts are killing me. Am I the only one still down 10% from early 2022?

Definitely not. January 2022 is still my inflation adjusted high water mark. But I am semi-retired and not adding to savings significantly.

My investments are up about 20% from the December 2021 mark, but that's because my annual contributions are still 10-15% of the portfolio value. Over 80% of the increase in my portfolio value in the past 2 years has come from my contributions. It's felt like I've been pushing the boulder up the hill all that time, although in the last few months it has started to get a little lighter.

[fortunefavored]

These posts are killing me. Am I the only one still down 10% from early 2022?

Definitely not. January 2022 is still my inflation adjusted high water mark. But I am semi-retired and not adding to savings significantly.

It's naturally more fun to post in these threads when you are a super high accumulator where you can swamp investment losses with new money. I did it in 2008/2009, barely a blip!

I'm down $620K from my December 2021 high. I'm also spending down assets, not saving. So pretty much 10.5% down like Lucky2Invest.

[CletusCaddy]

These posts are killing me. Am I the only one still down 10% from early 2022?

You are not the only one.

I hit $2.1M liquid net worth at the end of 2021 and today I am still at $2.1M despite plowing in close to $400k over that time.

[mrsbetsy]

These posts are killing me. Am I the only one still down 10% from early 2022?

Did you front-load the year in January 2022?

If you steadily invested every month, you should be way ahead for the year. We are up 18% so far, but will not calculate specifically until 12/31.

[BizarroJerry]

Question: are folks including their home equity in this nw calculation? Additionally, if they are, are they reducing their net worth by what they still owe on the house? I had thought that was how it was always done, but I am seeing others strictly count home equity and leave out mortgage. For example, say you had 250k in retirement accounts and then had 250k in home equity. I see some folks putting net worth at 500k. But, what if you still owed 200k on your home. Would your actual net worth then not be 300k?

[Grogs]

Question: are folks including their home equity in this nw calculation? Additionally, if they are, are they reducing their net worth by what they still owe on the house? I had thought that was how it was always done, but I am seeing others strictly count home equity and leave out mortgage. For example, say you had 250k in retirement accounts and then had 250k in home equity. I see some folks putting net worth at 500k. But, what if you still owed 200k on your home. Would your actual net worth then not be 300k?

Home equity is home value minus the amount still owed, and net worth is total assets minus total liabilities. So if someone says they have $500k in home equity, I would assume that means the net value after subtracting the mortgage.

[vfinx]

These posts are killing me. Am I the only one still down 10% from early 2022?

You are not the only one.

I hit $2.1M liquid net worth at the end of 2021 and today I am still at $2.1M despite plowing in close to $400k over that time.

Just curious - how did that happen? SPY is only ~4% off those highs from late 2021, not even including dividends. Even if you had invested that $400k at the exact wrong time, the losses shouldn’t be that large.

[stoptothink]

These posts are killing me. Am I the only one still down 10% from early 2022?

You are not the only one.

I hit $2.1M liquid net worth at the end of 2021 and today I am still at $2.1M despite plowing in close to $400k over that time.

Just curious - how did that happen? SPY is only ~4% off those highs from late 2021, not even including dividends. Even if you had invested that $400k at the exact wrong time, the losses shouldn’t be that large.

RSUs maybe? Thanks heavens my wife's RSUs do not comprise the majority of her compensation and are a small part of our overall wealth, stock prices have dropped from nearly $400/share when they first granted to low $60's now (we cash out immediately at vesting). We know many of her colleagues have been hurt significantly financially as a result.

[Spooky]

Since Mint is going away, I thought this may be an ideal time to write down some of this information. I'm not sure that the early years are very accurate, as I never found a great way to account for housing value and debt in Mint that didn't disappear after the house was sold, but it is roughly accurate. And also I think the 403b that I had from 2009-2012 just disappears and becomes an asset again when it was transferred to a solo 401k in 2012.

Household earnings about 200-400k most of this time. We are now late 40s/early 50s with 3 elementary school age children.

2009: 64k
2010: 61k
2012: 103k
2013: 161k
2014: 347k
2015: 422k
2016: 588k
2017: 749k
2018: 969k
2019: 1.3m
2020: 2m
2021: 2.7m
2022: 2.8m
2023: 3.1m

[CletusCaddy]

These posts are killing me. Am I the only one still down 10% from early 2022?

You are not the only one.

I hit $2.1M liquid net worth at the end of 2021 and today I am still at $2.1M despite plowing in close to $400k over that time.

Just curious - how did that happen? SPY is only ~4% off those highs from late 2021, not even including dividends. Even if you had invested that $400k at the exact wrong time, the losses shouldn’t be that large.

Thanks for making me feel worse.

[Pinotage]

These posts are killing me. Am I the only one still down 10% from early 2022?

You are not the only one.

I hit $2.1M liquid net worth at the end of 2021 and today I am still at $2.1M despite plowing in close to $400k over that time.

Just curious - how did that happen? SPY is only ~4% off those highs from late 2021, not even including dividends. Even if you had invested that $400k at the exact wrong time, the losses shouldn’t be that large.

Thanks for making me feel worse.

If it makes you feel any better, we’re basically in the same boat, investable net worth virtually the same as two years ago despite plowing in a similar figure.

Frankly this is not so terrible considering the dips along the way. Without November to-date we’d still be well below this mark.

Yes SPY is only off ~4%, which is great, but check out small and mid cap funds which are still down 17% ish percent from 2 years ago.

We also have bond funds. And a few individual utility stocks. Ouch.

Two years ago, Thanksgiving weekend, I distinctly remember purchasing a five figure sum of a tax managed small cap fund as an experiment to compare to the non-tax managed version. Purchase was completed from the “reading room”.

VTMSX - I’m too classy to call you a turd, but I want you to know I’m thinking it.

That purchase has remained underwater the entire time I’ve owned it, a legacy befitting the circumstances of the purchase.

[Raspberry-503]

Anyone tracking their inflation adjusted target along with their net worth?
I.e. what is your "number", be it 25x or whatever, and since the number needs to be adjusted by inflation, does it grow faster than the portfolio?

[CletusCaddy]

These posts are killing me. Am I the only one still down 10% from early 2022?

You are not the only one.

I hit $2.1M liquid net worth at the end of 2021 and today I am still at $2.1M despite plowing in close to $400k over that time.

Just curious - how did that happen? SPY is only ~4% off those highs from late 2021, not even including dividends. Even if you had invested that $400k at the exact wrong time, the losses shouldn’t be that large.

Thanks for making me feel worse.

If it makes you feel any better, we’re basically in the same boat, investable net worth virtually the same as two years ago despite plowing in a similar figure.

Frankly this is not so terrible considering the dips along the way. Without November to-date we’d still be well below this mark.

Yes SPY is only off ~4%, which is great, but check out small and mid cap funds which are still down 17% ish percent from 2 years ago.

We also have bond funds. And a few individual utility stocks. Ouch.

Two years ago, Thanksgiving weekend, I distinctly remember purchasing a five figure sum of a tax managed small cap fund as an experiment to compare to the non-tax managed version. Purchase was completed from the “reading room”.

VTMSX - I’m too classy to call you a turd, but I want you to know I’m thinking it.

That purchase has remained underwater the entire time I’ve owned it, a legacy befitting the circumstances of the purchase.

LTTs, SCV, International, Utilities

The cost of diversification I suppose.

[Ron Ronnerson]

The year-to-date numbers for us are below. Current ages are 49, 49, and 9. I’m a public-school teacher and my spouse is a stay-at-home parent.

The first number is the balance on 1/1/23 and the second number is the balance on 11/19/23.

Income: $127k ---> $140k (received a 10% raise)
HSA: $5k ---> $11k
Taxable Accounts: $2k ---> $0k
403b: $74k ---> $83k
457b: $225k ---> $279k
Roth IRA (my account): $123k ---> $137k
Traditional IRA (my account): $6k ---> $7k
Roth IRA (spouse's account): $176k ---> $198k
Traditional IRA (spouse's account): $22k ---> $27k
Immediate Cash Value of Pension Contributions: $175k ---> $192k
Cash: $13k ---> $14k
I Bonds: $114k ---> $111k
Home Equity $626k ---> $736k
Credit Card Debt: $10k (at 0%) ---> $27k (at 0%)
Total Net Worth $1.55m ---> $1.77m

I am planning to go to part-time work in 6 years and fully retire in 12 years with a $110k/year pension (includes COLA and 100% survivor benefits). Social security should be around $30k/year. Retirement should be fully covered by these income streams. We’re considering moving to a lower cost of living area in retirement as well.

[vfinx]

These posts are killing me. Am I the only one still down 10% from early 2022?

You are not the only one.

I hit $2.1M liquid net worth at the end of 2021 and today I am still at $2.1M despite plowing in close to $400k over that time.

Just curious - how did that happen? SPY is only ~4% off those highs from late 2021, not even including dividends. Even if you had invested that $400k at the exact wrong time, the losses shouldn’t be that large.

Thanks for making me feel worse.

Was certainly not the intention. I had not realized that large caps had diverged so much from the pack.

[CletusCaddy]

These posts are killing me. Am I the only one still down 10% from early 2022?

You are not the only one.

I hit $2.1M liquid net worth at the end of 2021 and today I am still at $2.1M despite plowing in close to $400k over that time.

Just curious - how did that happen? SPY is only ~4% off those highs from late 2021, not even including dividends. Even if you had invested that $400k at the exact wrong time, the losses shouldn’t be that large.

Thanks for making me feel worse.

Was certainly not the intention. I had not realized that large caps had diverged so much from the pack.

All good.

Another consolation for me is that my initial $2.1M was “not really” $2.1M as compared to the typical benchmarks, as it had grown faster than the benchmarks to that point. I only had $600k in investments at the end of 2018.

[WhiteMaxima]

You are not the only one.

I hit $2.1M liquid net worth at the end of 2021 and today I am still at $2.1M despite plowing in close to $400k over that time.

Just curious - how did that happen? SPY is only ~4% off those highs from late 2021, not even including dividends. Even if you had invested that $400k at the exact wrong time, the losses shouldn’t be that large.

Thanks for making me feel worse.

Was certainly not the intention. I had not realized that large caps had diverged so much from the pack.

All good.

Another consolation for me is that my initial $2.1M was “not really” $2.1M as compared to the typical benchmarks, as it had grown faster than the benchmarks to that point. I only had $600k in investments at the end of 2018.

Thinks about this way: you bought equity cheaper during 2022 stocking correction.

[LavaField]

both 43

Started tracking in 2018. But had years of maxing retirement accounts before 2018. 2018 started reading everything personal finance related (websites, blogs, and books). Started brokerage in 2018 and aggressively save/invest post tax $.

Aug-18 $1,080,000
Sep-19 $1,800,000 (one big cap gain on something I never expected to pay me anything+high saving rate)
Sep-20 $2,160,000 (high saving rate)
Sep-21 $3,010,000 (high saving rate)
Sep-22 $2,790,000 (markets went south, moderate saving but always max retirement contr.)
Nov-23 $3,560,000 (markets improve + appreciation in real estate + retirement contributions.)

It took over 2 years to eclipse 2021 net worth.
We'll keep maxing retirement accounts every year and hope progress continues.

[ThreeFundie]

Jan 2020: $8k
Jan 2021: $3k
Jan 2022: $15k
Jan 2023: $60k

Happy new year!

Nov 2023: $102k

Overheard the market was up and thought I'd recalculate my net worth. It completely boggles my mind to see it up $42k from January and $10k from one month ago.

Back to my regularly-scheduled Not Checking The Market

[vfinx]

Jan 2020: $8k
Jan 2021: $3k
Jan 2022: $15k
Jan 2023: $60k

Happy new year!

Nov 2023: $102k

Overheard the market was up and thought I'd recalculate my net worth. It completely boggles my mind to see it up $42k from January and $10k from one month ago.

Back to my regularly-scheduled Not Checking The Market

At your age I had negative net worth and it wasn't the good kind of debt. Amazing position you have put yourself in. I hope you are living a little!

[MrBobcat]

I'll play. Wife and myself combined take home never over $150k. Just retirement accounts below.
Put 2 kids through private colleges.

2006-$130k-age 41
2007-$178k
2008-$114k
2009-$191k
2010-$237k
2011-$224k
2012-$264k
2013-$356k
2014-$421k
2015-$489k
2016-$527k
2017-$679k
2018-$730k
2019-1M
2020-$1.2M
2021-$1.38M
2022-$1.17
2023 YTD-$1.3M

Yay, a "normal" person, lol. I haven't tracked in detail all the way back but our ages and trajectory are pretty close to this, though it has ramped up considerably once the kids were out of college (2015) and we paid the house off in 2017.

[jarjarM]

both 43

Started tracking in 2018. But had years of maxing retirement accounts before 2018. 2018 started reading everything personal finance related (websites, blogs, and books). Started brokerage in 2018 and aggressively save/invest post tax $.

Aug-18 $1,080,000
Sep-19 $1,800,000 (one big cap gain on something I never expected to pay me anything+high saving rate)
Sep-20 $2,160,000 (high saving rate)
Sep-21 $3,010,000 (high saving rate)
Sep-22 $2,790,000 (markets went south, moderate saving but always max retirement contr.)
Nov-23 $3,560,000 (markets improve + appreciation in real estate + retirement contributions.)

It took over 2 years to eclipse 2021 net worth.
We'll keep maxing retirement accounts every year and hope progress continues.

Must've been amazing saving rate to achieve 2X growth in the last 5 years (assuming no YOLO on TSLA/GME of course). Congrats! Any plan to slow down or pedal to the metal 'til retirement?

[Raspberry-503]

Anyone tracking their inflation adjusted target along with their net worth?
I.e. what is your "number", be it 25x or whatever, and since the number needs to be adjusted by inflation, does it grow faster than the portfolio?

I do, but only been tracking since 2020, so yes the number grew bigger with inflation and the portfolio went down, things are looking up though