Author Topic: Net worth increase 2017 (i.e. the 'present' you give yourself)  (Read 137774 times)

GuitarBrian

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Re: Net worth increase 2015 (i.e. the 'present' you give yourself)
« Reply #400 on: January 13, 2016, 07:16:20 PM »
Jan 2015 - 260k
Jan 2016 - 317k

Increase - 57k


Notes:

I feel really good about this increase. Savings rate was just above 50%. Spent less than 3k per month, total... including all business expenses and other rental property expenses, not just personal expenses.

Net worth will depend on real estate values.. But my goal is to add at least 35k to the stache.

Here we go 2016!

del84

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Re: Net worth increase 2015 (i.e. the 'present' you give yourself)
« Reply #401 on: January 17, 2016, 04:32:53 AM »
Beginning of 2015: $672,845
End of 2015: $774,000
Increase: $101,155


iris lily

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Re: Net worth increase 2015 (i.e. the 'present' you give yourself)
« Reply #402 on: January 23, 2016, 06:53:14 AM »
We ended the year down, there was a loss to our net worth..

But thats ok, we retired this year and are spending down the stash. Its still scary, after years of $100,000+ jUmps to see it go in the opposite direction.
« Last Edit: January 23, 2016, 07:00:42 AM by iris lily »

FrugalFan

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Re: Net worth increase 2015 (i.e. the 'present' you give yourself)
« Reply #403 on: January 23, 2016, 12:04:11 PM »
We ended the year down, there was a loss to our net worth..

But thats ok, we retired this year and are spending down the stash. Its still scary, after years of $100,000+ jUmps to see it go in the opposite direction.

I can see this being very difficult as well, going from saving to spending. It will take a mental adjustment for sure.

ETBen

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Re: Net worth increase 2015 (i.e. the 'present' you give yourself)
« Reply #404 on: January 25, 2016, 04:55:54 AM »
Dec 2015: $390k
Dec 2014: $140k

... 2014 would be my half of the home we shared but also my half of the ridiculous debt my ex  had generated.

... 2016 should show a $50k jump from savings alone.

Davids

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #405 on: December 01, 2016, 12:59:50 PM »

sw1tch

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Re: Net worth increase 2015 (i.e. the 'present' you give yourself)
« Reply #406 on: December 02, 2016, 12:26:57 PM »
Subscribing to post mine after the new year.

marty998

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #407 on: December 02, 2016, 05:49:45 PM »
Topic title edited for 2016.

mustachepungoeshere

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #408 on: December 03, 2016, 12:34:25 AM »
Posting to follow, and following to post at end of year.

mr_orange

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #409 on: December 03, 2016, 06:34:03 AM »
We're on pace to increase about $260k in 2016.  We'll probably finish around $1.43M for a roughly 18% increase.  That's very close to our geometric mean of over the last 13 years which means we should double roughly every 4 years. 

2017 should be our lower-bound assumption FIRE year. 

NinetyFour

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #410 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 #411 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 #412 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 #413 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 #414 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 #415 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 #416 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 #417 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 #418 on: December 04, 2016, 12:25:02 PM »
Up $100k from $190 to $290, plus infinity if you include the new baby!

lhamo

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #419 on: December 04, 2016, 01:11:55 PM »
Ours is actually down on paper about 6%, but that is because I

1)  Was using an overly enthusiastic online estimator tool to estimate the value of our apartment -- actual sales price was about 10% lower than the online estimator and

2)  Up until we signed the contract, I had not been accounting for the capital gains taxes we would need to pay on the sale.  That is also a significant sum. 

Retirement accounts are up by over 50k, with just about 9k of that being contributions.  Didn't have significant income this year -- DH had his final paycheck (around 10k), cashed out some bonds, and I had 2k of consulting income.  And we've sold about 3k worth of stuff. 

Pooplips

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #420 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 #421 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 #422 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 #423 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 #424 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 #425 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 #426 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 #427 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 #428 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 #429 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 #430 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 #431 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 #432 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 #433 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 #434 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 #435 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 #436 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 #437 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 #438 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 #439 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 #440 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 #441 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 #442 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 #443 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 #444 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 #445 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 #446 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 #447 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 #448 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 #449 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.