Author Topic: Net worth decrease 2020 (i.e. the 'present' you give yourself)  (Read 250069 times)

NinetyFour

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #400 on: December 03, 2016, 08:09:13 AM »
At this point, I'm up about 22%, but we'll see what happens by year's end.  Wow, hard to believe it's December.

t5inside

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #401 on: December 03, 2016, 08:50:00 AM »
Quoting November since December isn't over yet:

November 2015: $124,767.32
November 2016: $218,918.18

Increase: $94,150.86

Looking forward to cracking $300k in '17!

Exflyboy

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #402 on: December 03, 2016, 09:05:13 AM »
About 7% this year FIRED but with zero withdrawal

Malaysia41

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #403 on: December 03, 2016, 09:34:08 AM »
Up about $70k during FIRE. That's cool.

MVal

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #404 on: December 03, 2016, 08:22:22 PM »
Dec 2015: $50K NW
Nov 2016: $78K NW

If all goes well, I should reach $80K before the end of the year/this month with my bonus coming and most of that going into the 401K. I will max out my 401K for the first time this year, a feat I am fairly proud of at my 40K income. The rest of my additions this year are from HSA, IRA and regular savings contributions.

pancakes

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #405 on: December 03, 2016, 08:51:15 PM »
Our household net worth:

Dec 2014 $150k
Dec 2015 $195k
Nov 2016 $246k

We still don't have much invested in shares and what we do have hasn't performed overly well so the increase is almost entirely from saved wages. As always I have excluded my student loan and our super annuation accounts (NW would be higher if both were included)

2017 is the year we need to make some housing/investment commitments.

ender

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #406 on: December 03, 2016, 08:56:01 PM »
Looking like this year will be about $30k is all...

Lots of expenses this year, between college, new cars, and buying a home. Thinking that next year we will recoup a bunch of that, plus since I calculate our house value at (appraisal * 0.94) our 20% down payment this year immediately dropped us about $10k worth of net worth.


Zikoris

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #407 on: December 03, 2016, 11:58:40 PM »
So far, we're up $65,509 since January 1st - from $169,220 to $234,729, and we still have four paychecks before year end, so we might clear 70K, which would be out biggest annual net worth increase ever, by far. It's definitely fun reaching the point where compound interest starts to really kick in and account for a bigger chunk of increases.

Abe

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #408 on: December 04, 2016, 12:25:02 PM »
Up $100k from $190 to $290, plus infinity if you include the new baby!

Pooplips

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #409 on: December 05, 2016, 07:28:23 AM »
Student loans are a bitch.

Before tracking I was way negative my wife and I with a load of student loans.

4/4/13 -$44k
12/27/13 -$18k
11/26/14 +$32k

Wow two years makes a difference. Paid off my remaining Student loan debt and Net worth is at ~$145K

infogoon

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #410 on: December 05, 2016, 09:34:03 AM »
Posting to follow.

attackgnome

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #411 on: December 05, 2016, 09:46:21 AM »
11/2015: $88k
11/2016: $101k

Does not include 35k of equity from home purchase this year. Overall NW up 13k (48k if you include equity)
« Last Edit: December 05, 2016, 11:44:39 AM by attackgnome »

spud1987

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #412 on: December 05, 2016, 10:09:46 AM »
December 2015: 812k
December 2016: ~1010k

Not bad but we had some tailwinds in the form of home price appreciation and a slightly up market.

Goal for December 2017 is 1.2MM. The challenge will be that our expenses increased around 20k/year since our daughter entered daycare last month.
« Last Edit: June 05, 2017, 01:21:08 PM by spud1987 »

RWD

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #413 on: December 05, 2016, 09:07:56 PM »
Rough numbers, comparing net worth on December 1st :
2015: + 48%
2016: + 49%

G-dog

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #414 on: December 06, 2016, 02:07:15 PM »
End 2013: about $822000
End 2014: about $1015000
Change: about $193000

Finally did some work to update my tracking sheets I just started this year. The above does not include house in the total (the value of which is not going to change drastically).

I was pleasantly surprised with the net change for 2014!

12/6/16: about $1,125,000 (excluding house)
FIREd 7/2/15

NinetyFour

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #415 on: December 06, 2016, 02:09:14 PM »
Holy shit, G-Dog!!  Why did you wait so long to retire??  :)

G-dog

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #416 on: December 06, 2016, 02:31:36 PM »
Holy shit, G-Dog!!  Why did you wait so long to retire??  :)

Stupidity! Pure, unadulterated stupidity! I just always assumed you work until you can collect social security. I always kept trying to find info on how much was needed for retirement, but kept only finding the traditional info (you need at least 80% of your income) - which never seemed to ring true, but it was all I would find. So many mistakes - and yet here I am. Stupid but lucky.

And once I learned about FIRE at 54 yo, if I waited until 55 yo I could officially retire from my employer, which gave me access to the group medical insurance (pay premium), and retain a small life insurance policy (at no cost). I switched over to the HSA the last couple of years for tax reasons, and for the portability. I was able to max out my 401(k) my last year,  max HSA contribution, and get another year's credit for pension calculation.

« Last Edit: December 30, 2017, 07:55:18 AM by G-dog »

NinetyFour

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #417 on: December 06, 2016, 02:35:39 PM »
Seems to have worked out for you!  :)

G-dog

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #418 on: December 06, 2016, 02:37:50 PM »
Seems to have worked out for you!  :)

Stupid and lucky is pretty damn powerful!

dogboyslim

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #419 on: December 06, 2016, 02:48:13 PM »
Nov 2016/Nov 2015 - 1 = 11.5%

We are targeting the same for next year, but we need to maintain 8.4% increases in invested assets to hit my FIRE goal by age 50.

ETA: I liked the wr percentage way of discussing this, so I added my numbers in terms of w/r.

If I FIREd today, I'd be at 5.4% wr on invested assets.
Progression if we hit the required min is
2016 5.4%
2017 5.0%
2018 4.6%
2019 4.2%
2020 3.9%
2021 3.6%
2022 3.3%
2023 3.1%
2024 2.8% - FIRE Eligible
 
« Last Edit: December 13, 2016, 11:10:19 AM by dogboyslim »

bownyboy

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #420 on: December 07, 2016, 01:11:58 AM »
December 2015 = 938,968
December 2016 = 1,071,771

An increase of 132,773 or 14%

At the moment a large part of our network is due to the value of our house, so I also track our FIRE fund separately.

This time next year the forecast is to be at 1,183,100, see you all in 12 months!

marty998

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #421 on: December 07, 2016, 02:37:54 AM »
End 2013: about $822000
End 2014: about $1015000
Change: about $193000

Finally did some work to update my tracking sheets I just started this year. The above does not include house in the total (the value of which is not going to change drastically).

I was pleasantly surprised with the net change for 2014!

12/6/16: about $1,125,000 (excluding house)
FIREd 7/2/15

Nicely done... I've seen a few recently FIRED people post in various threads that their balances have gone up instead of down.

Hindsight is a wonderful thing (FIREing earlier) but I don't think anyone will be too unhappy seeing their numbers continue to go up.

G-dog

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #422 on: December 07, 2016, 09:41:27 AM »
End 2013: about $822000
End 2014: about $1015000
Change: about $193000

Finally did some work to update my tracking sheets I just started this year. The above does not include house in the total (the value of which is not going to change drastically).

I was pleasantly surprised with the net change for 2014!

12/6/16: about $1,125,000 (excluding house)
FIREd 7/2/15

Nicely done... I've seen a few recently FIRED people post in various threads that their balances have gone up instead of down.

Hindsight is a wonderful thing (FIREing earlier) but I don't think anyone will be too unhappy seeing their numbers continue to go up.

True, I have been watching my account balance go down, since that is where I pull living expenses from. Not fun, but watching the over pall amount stay overall fairly steady or go up is very calming.  I don't know how long this will last, but I'll keep tracking and make new decisions as needed in the future. New decision may be to spend more money - I'd probably target charitable giving first.

I wish I would have been more aware earlier - but as one boss said "you make the best decision you can with the information you have at the time". The past is gone. 

Mr. Green

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #423 on: December 07, 2016, 10:51:12 AM »
2015 - $780k
2016 - $980k

My fire hose of a salary is gone now that I've FIREd so I don't expect any dramatic employment-related increases in the future. I'm glad I managed to hold out long enough to walk away from my industry for good!

twell1

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #424 on: December 07, 2016, 12:34:15 PM »
2016   $2,612K
2015   $2,371K

Pooperman

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #425 on: December 07, 2016, 01:03:19 PM »
2015: $57k
2016: $69k

Not as good as it could have been, but about $15k that would have contributed to NW went towards buying, moving to, and setting up a house.

mustachepungoeshere

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #426 on: December 07, 2016, 01:17:39 PM »
December 9, 2015: $53,000
December 9, 2016: $181,000

marty998

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #427 on: December 07, 2016, 01:31:22 PM »
December 9, 2015: $53,000
December 9, 2016: $181,000

300 next year? Go for it!

mickeyj

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #428 on: December 08, 2016, 12:46:42 AM »
Dec 2015: -$41,453.38
Dec 2016: $12,681.38

Hurray to positive net worth!

plainjane

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #429 on: December 08, 2016, 07:26:57 AM »
Dec 2015: -$41,453.38
Dec 2016: $12,681.38

Hurray to positive net worth!

That's a huge jump, and now that you're in the positive, compound growth is working in your favour.  2017 will be awesome

mickeyj

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #430 on: December 08, 2016, 07:29:47 AM »
Dec 2015: -$41,453.38
Dec 2016: $12,681.38

Hurray to positive net worth!

That's a huge jump, and now that you're in the positive, compound growth is working in your favour.  2017 will be awesome

Thanks!

Let's hope so. :)

kayvent

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #431 on: December 08, 2016, 07:34:53 AM »
September 2015: -30K
End of November 2016: 0.

Never been so happy to be worthless.

Hey It's Me

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #432 on: December 08, 2016, 07:45:22 AM »
September 2015: -30K
End of November 2016: 0.

Never been so happy to be worthless.
Congrats!

MishMash

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #433 on: December 08, 2016, 11:19:03 AM »
September 2015: -30K
End of November 2016: 0.

Never been so happy to be worthless.

Congrats!!!  Seriously, zero was a bigger celebration for us then ANY milestone we've reached since.  It gets easier from here on out now that the compound interest isn't working against you for once.

sol

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #434 on: December 08, 2016, 12:34:01 PM »
At the end of 2014 we were at 61% of our target amount.
At the end of 2015 we were at 71%.
December 2016 is looking like right around 86%.

I've been vague about dollar amounts in this thread because they are embarrassing, but "percentage of goal" increases like this are a pretty accurate measure of our progress towards early retirement.  And they're probably more relevant than just dollar figures or annual growth rates provided without any context.

GoingConcern

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #435 on: December 08, 2016, 12:40:46 PM »
I started tracking my own net worth this year using excel before then I used Mint.  As of right now:

01/2016 - $350k
12/2016 - $375k

Figures above include home (paid off), 401k, cash and stock portfolio.  Doesn't include cars, jewerly, possessions etc. 

Wife is finishing up school next Spring and we will be making our last payment for her tuition this December.  2017 should be a better year with no tuition payments and my wife working full-time. 
« Last Edit: December 08, 2016, 12:43:07 PM by GoingConcern »

Rubyvroom

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #436 on: December 08, 2016, 12:45:28 PM »
Very cool to see people crossing the all-important $0 threshold (not even the slightest bit sarcastic here). Out of negative territory and on to bigger and better things! I honestly can't think of many people in my immediate friends/family that can say the same thing. Congrats to everyone for their hard work!

* Dec 2014 - 12% of target stash
* Dec 2015 - 15% of target stash
* Dec 2016 - 25% of target stash

We found MMM in summer 2016, so the "stash" concept did not exist for us in 2014 or 2015, hence the lackluster improvement from 2014 to 2015. With just a half year of deliberate savings in 2016, we are now 1/4 of the way to our goal. I'm hoping 2017 will be a big year for us, with a full year of MMM mindset under our belts.

Al1961

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #437 on: December 08, 2016, 12:54:22 PM »
At about half way through the third year of retirement, investment portfolio is up 6.1% after withdrawals.

DW retired Nov 25 this year, and hasn't withdrawn anything (yay, federal government pension and bridging benefit!), so her investments are up ~10% so far this year. Don't expect she will start withdrawing anything for another 12-15 years.

I'll check back in the new year.

dandarc

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #438 on: December 08, 2016, 02:57:36 PM »
Dec 2013 - $210K
Dec 2014 - $327K
Dec 2015 - $422K
Dec 2016 - $523K.  November to December was +$21K, so this recent stock market rally pushed us over the $100K mark for the NW increase for the year.

Glenstache

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #439 on: December 08, 2016, 03:15:34 PM »
Bumped from 34% of target stache on 12/31/15 to 42% as of 12/1/16 and only expect minor changes through end of year.

I am really excited by the progress people are documenting on here! 

dragoncar

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #440 on: December 08, 2016, 07:34:54 PM »
At the end of 2014 we were at 61% of our target amount.
At the end of 2015 we were at 71%.
December 2016 is looking like right around 86%.

I've been vague about dollar amounts in this thread because they are embarrassing, but "percentage of goal" increases like this are a pretty accurate measure of our progress towards early retirement.  And they're probably more relevant than just dollar figures or annual growth rates provided without any context.

So is that like a 4.6% WR? 

tarheeldan

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #441 on: December 08, 2016, 08:01:28 PM »
September 2015: -30K
End of November 2016: 0.

Never been so happy to be worthless.
Congrats!
Congratulations!!

sol

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #442 on: December 08, 2016, 10:01:50 PM »
So is that like a 4.6% WR?

No, and I'm not sure how you arrived at that number.  Want to elaborate for me?

dragoncar

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #443 on: December 08, 2016, 10:42:07 PM »
So is that like a 4.6% WR?

No, and I'm not sure how you arrived at that number.  Want to elaborate for me?

People traditionally use 4% SWR.  You are 86% of the way there.  .04/.86 = 0.046511627906976744186046511627907

arebelspy

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #444 on: December 08, 2016, 10:54:08 PM »
So is that like a 4.6% WR?

No, and I'm not sure how you arrived at that number.  Want to elaborate for me?

People traditionally use 4% SWR.  You are 86% of the way there.  .04/.86 = 0.046511627906976744186046511627907

Sol is going for a higher than 4% WR, I believe.

So your numerator is probably too low.  It could be as high as 0.06, from what I understand, based on some of his 50% success rate comments.

That'd put him at about a 7% WR currently (when shooting for 6%).

% of goal, as he posted, is one way to measure it.. the flipside is what's your current WR.

ERE has a long running thread like this:
http://forum.earlyretirementextreme.com/viewtopic.php?f=3&t=2640
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
If you want to know more about us, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.

sol

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #445 on: December 08, 2016, 10:57:25 PM »
People traditionally use 4% SWR.  You are 86% of the way there.  .04/.86 = 0.046511627906976744186046511627907

I see. 

But your starting assumption was wrong, in this case.  I'm targeting a SWR significantly higher than 4%, in part because I think 4% is too low for a 30 year period in 95% of cases, in part because my assets don't have to last 30 years due to pensions and SS, in part because my spending level is not so barren that we couldn't reduce our expenses in the event of a market meltdown, and in part because I am supremely confident in my ability to earn more money in the future if necessary.

I don't expect that I will ever draw as little as 4.6% from my stash in a year, unless the stash continues to grow at an unexpected pace after I retire. 

If I was currently at 4.6% SWR, I wouldn't be going to work nine hours from now. 
« Last Edit: December 08, 2016, 11:00:18 PM by sol »

OlyFish

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #446 on: December 08, 2016, 10:58:25 PM »
Started at -105000. Will end around 50000. Our house has appreciated about 5% and I maxed out 403b, 457, and HSA, as we'll as paying off about $4000-$5000 a month in debt and putting $1000 a month in index funds.

I don't think 2017 will be quite as much as I will be on maternity leave and unable to earn bonuses for 1-2 quarters, which make up a good $60000 of my income annually.

arebelspy

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #447 on: December 08, 2016, 11:06:41 PM »
Nicely done... I've seen a few recently FIRED people post in various threads that their balances have gone up instead of down.

Hindsight is a wonderful thing (FIREing earlier) but I don't think anyone will be too unhappy seeing their numbers continue to go up.

Your net worth pretty much darn well better go up in FIRE, most of the time, if you don't want to head for ER failure.

One big reason: Inflation.  If your numbers aren't going up (which is a nominal amount), your portfolio won't be able to keep up as your expenses inevitably rise.

Sure, some years it might step back a bit (I mean, you are withdrawing roughly 4% of the value, and sometimes market gains are meh, or negative), but the overall trend should be up.  And most cFIREsim runs have the lines going up and to the right--your portfolio gaining value (and that IS in real dollars, so gaining massively in nominal dollars)--as your portfolio gains vastly outstrip your withdrawals.

In fact, I'd consider it a huge red flag if it's not growing most years, or hasn't after a number of years (unless it grew for awhile, but there was suddenly a crash--that's fine, and normal, and to be expected, and it will come back... but if it's not growing at all, it's something to keep an eye on).

Here's a whole thread from earlier this year asking "Has your networth grown since you Fired?"

In it, the OP asked:
How common, do you think it is for your net worth to continue to grow after retiring early?

So I ran some cFIREsim numbers to get hard data on how common that would have been, historically.

Very, very common.

The longer your ER, and more aggressive your investment strategy (i.e. more equities), the more likely it is.

For example, using cFIREsim default numbers (40k spend, 1MM portfolio for a 4% SWR, 75/25 allocation, 30 year retirement--95.69% success rate), out of 116 total 30-year periods, after 30 years:
In nominal dollars, 19 of them ended with less than the 1,000,000 you started with.  97 ended with more.
In real (inflation adjusted dollars), 41 ended with less, 75 ended with more.

So if you're just looking at straight dollar amounts (which most of us tend to do, we don't naturally, intuitively discount for inflation), about 84% of the time your portfolio would have risen (and, in real dollars, 65% of the time it would have risen).

That's with you spending down on it year after year, not earning another dollar, not adjusting your withdrawals down in bad years (down markets) or as you get older and spend less.

The majority of the time, portfolios go up if you're using a 4% WR and have a decent (> 33%) amount in equities, with us doing nothing (and we tend to do something if things start going wrong).

If my net worth wasn't growing (not every year, but over multi-year periods), I'd look at that as a caution sign to take a closer look.

(Emphasis added.)
« Last Edit: December 08, 2016, 11:08:34 PM by arebelspy »
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Unique User

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #448 on: December 09, 2016, 01:08:43 PM »
We're looking at about a 17% increase this year and we went over the seven figure mark, yay!  Last year was only 11%, but we socked away almost all of our very generous bonuses this year in addition to all the regular funding.  Too bad bonuses will be way down or nonexistent next year.  We both kept our jobs amid layoffs so I have no reason to complain. 
« Last Edit: December 09, 2016, 03:16:51 PM by Unique User »

Landlady

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #449 on: December 09, 2016, 01:19:38 PM »
It was a big year for property values for Seattle which is where my 2 rental houses are. We're also building a house this year but I excluded any property value increases for that land since I can't rent out a house without windows. :)

Including property value increases:
2015: $1,091,507
2016: $1,415,323
NW increase of: $323,816

Excluding property value:
2015: $345,907
2016: $408,924
NW increase of: $63,017