Author Topic: $100k Club (EDIT: Closer to $200k club now)  (Read 10486 times)

MSC

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  • Location: NY
Re: $100k Club
« Reply #50 on: August 18, 2016, 04:37:22 PM »
Another good day and the net worth is now over $150,000 and the investments are over $111,000. Ca-ching!



russianswinga

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  • Age: 33
  • Location: San Diego, California, USA
  • Truth is just an excuse for a lack of imagination
Re: $100k Club
« Reply #51 on: August 18, 2016, 05:00:42 PM »
I was late to post here as I hit $100K net worth last month.
Lo and behold, apparently the housing market is good, as I've just crossed $110K NW, and I while I've made passive investments, it was nowhere near $10K worth, the equity came directly from an increase in the value of our condo.

Age: 33 for myself and Dear Wife, 1.5 yrs for baby daughter
Income: Single income, $85K last year, will possibly break 90K this year due to overtime. IT industry
Savings rate: too embarrassing to mention. Don't worry, I do get the company match, but I'm below the $18K max 401K contribution.
FIRE target: age 53, when daughter is in college.
FIRE asset goal: $650,000 net worth. Retiring in Montenegro, very low cost of living. Withdrawal rate: $25K / yr for 40 years in today's $. 92.5% predicted success rate in FireCalc.
« Last Edit: August 19, 2016, 03:27:48 PM by russianswinga »

MSC

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Re: $100k Club
« Reply #52 on: March 15, 2017, 11:43:09 AM »
So close! One good day and we'll be over $200k!


« Last Edit: March 15, 2017, 11:51:10 AM by MSC »

Exflyboy

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Re: $100k Club (EDIT: Closer to $200k club now)
« Reply #53 on: March 15, 2017, 03:57:08 PM »
Nice.. And just think, conditions being the same (and assuming you were NOT contributing during this period) you would go from $1M to $2M in the same amount of time..:)

Metric Mouse

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Re: $100k Club (EDIT: Closer to $200k club now)
« Reply #54 on: March 20, 2017, 04:10:29 AM »
Nice.. And just think, conditions being the same (and assuming you were NOT contributing during this period) you would go from $1M to $2M in the same amount of time..:)
Such a nice thought!
Give me one fine day of plain sailing weather and I can mess up anything.

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