Author Topic: Net worth increase 2017 (i.e. the 'present' you give yourself)  (Read 103404 times)

Rubyvroom

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #450 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 #451 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DW retired Nov 25 this year, and hasn't withdrawn anything (yay, federal government pension and bridging benefit!), so her investments are up ~10% so far this year.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.
FIREd July 2014

dandarc

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #452 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 #453 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 #454 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 #455 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 #456 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 #457 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 #458 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, and now travel the world full time with a kid.
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sol

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #459 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 #460 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 #461 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 »
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with a kid.
If you want to know more about me, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (occasionally) blog at AdventuringAlong.com.
You can also read my forum "Journal."

Unique User

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #462 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 #463 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

horsepoor

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #464 on: December 09, 2016, 01:51:38 PM »
Not tracking my overall NW, but it looks like my retirement account is up about $43K since early January.  If the market is at least flat next year, I'll break the $200K mark.

freeedom

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #465 on: December 09, 2016, 04:49:25 PM »
12/31/15 - 71k
12/16 - 130k

Pretty amazing growth.

OneCoolCat

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #466 on: December 11, 2016, 10:15:36 AM »
12/31/15 - 71k
12/16 - 130k

Pretty amazing growth.

Nicely done!

1/1/2016 - (11,622)
12/11/2016 - 41,938

+$53,560, this feels nuts!
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Exflyboy

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #467 on: December 11, 2016, 11:18:36 AM »
Made roughly 7.5% this year.

Friday's net worth was $1,758,000 plus a pension in the UK with a contract out value of about $400,000.. Of course that varies greatly with currency exchange rate.

morninglightmountain

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #468 on: December 11, 2016, 03:52:52 PM »
Note: I've only learned about mustachianism in the past few months, but have always been relatively frugal.

12/1/15 NW: $48K*
12/1/16 NW: $86K**
*net of $10K owed on auto loan @ 0%
**net of $6K owed on auto loan @ 0%

I'm on track to retire in 6 years, at 35, if I can successfully transition to rental property investments at that time.  If I stay with passive index fund investments only, I can retire in 9 years.

Glenstache

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #469 on: December 11, 2016, 10:09:22 PM »
Note: I've only learned about mustachianism in the past few months, but have always been relatively frugal.

12/1/15 NW: $48K*
12/1/16 NW: $86K**
*net of $10K owed on auto loan @ 0%
**net of $6K owed on auto loan @ 0%

I'm on track to retire in 6 years, at 35, if I can successfully transition to rental property investments at that time.  If I stay with passive index fund investments only, I can retire in 9 years.
Good work! Also, is your handle a Peter Hamilton sci-fi reference?

Socmonkey

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #470 on: December 12, 2016, 05:25:57 AM »
January 1st 2016 NW = $118K
Current NW = $171.5K

That's + $53.5K

Done on a yearly income of $63K, and still have two more paychecks to go this year.
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shanghaiMMM

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #471 on: December 12, 2016, 06:07:23 AM »
I'm not very good at keeping accurate records due to the fact my investments are in GBP, my wife's in USD and we get paid in RMB.

Anyway, rough figures, give or take a $1k or so:

January 2016 - $155k
December 2016 - $225k

Still seems an incredible sum of money to me, given that we started out on our journey about 2 1/2 years ago!
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mrteacher

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #472 on: December 12, 2016, 06:22:41 AM »
1/1/15: $64,049
1/1/16: $93,782
At present: $137,812 (2 paychecks left until 1/1/17)

I made roughly $60k-$65k in that period.

Maxing my 403(b) this year went a long way in boosting the NW (as did maxing my Roth, which I have done the last 4 years). Looking forward to putting away $18,000+$5,500 again this year --- and many years thereafter!

monarda

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #473 on: December 12, 2016, 08:55:22 AM »
January 2016    $668K
Dec 2016          $832K

Most of that is an increase in property value, and some of Zillow's values are questionable. But who knows.
About $80K of that total increase is certainly real cash. Likely more is real.
« Last Edit: December 12, 2016, 08:58:31 AM by monarda »

mskyle

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #474 on: December 12, 2016, 10:01:31 AM »
I'm really glad this thread prompted me to look into this, because the numbers were actually way better than I would have guessed. Month to month the change is not always that impressive but over the course of the year, wow! My NW increased by about* 50% this year, putting me at around** 20-25% of my FIRE number. This is mostly index fund investments, no real estate. And I still have student loans at 2-3.5%.

I've had significant salary increases over the past several years (my current salary is about 2x what I was making from 2010-2013 and almost 3x what I was making before 2010), which has obviously made it way easier to save. I expect 2017 to be a good year for my net worth as well, with some big one-time expenses being cancelled out by some one-off windfall-ish kinds of things.

*The fuzziness is because I wasn't carefully tracking all my old 403(b)s at the beginning of the year and this year I rolled all of them over into my IRA and closed the accounts, so I'm not 100% sure how much they were worth a year ago.

** FIRE number is also fuzzy because we plan on moving to at least a somewhat lower cost of living area when I retire but haven't worked out the exact numbers on that yet. I also suspect I'm going to be a little bit prone to one-more-year-itis, sigh.

morninglightmountain

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #475 on: December 12, 2016, 10:20:26 AM »
Note: I've only learned about mustachianism in the past few months, but have always been relatively frugal.

12/1/15 NW: $48K*
12/1/16 NW: $86K**
*net of $10K owed on auto loan @ 0%
**net of $6K owed on auto loan @ 0%

I'm on track to retire in 6 years, at 35, if I can successfully transition to rental property investments at that time.  If I stay with passive index fund investments only, I can retire in 9 years.
Good work! Also, is your handle a Peter Hamilton sci-fi reference?

Thanks, although I could've saved so much more.

It is indeed! I hope he writes more in the Commonwealth universe.

Threshkin

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Re: Net worth increase 2015 (i.e. the 'present' you give yourself)
« Reply #476 on: December 12, 2016, 06:29:57 PM »
5.74 percent gain in NW YTD.  Not great but since it is roughly 3 years of expenses I am not complaining.

19% Y on Y gain for 2016.  I FIRED on Nov 01 with a package so that accounts for part of the gain but it is still happy dance time!

zinny1

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #477 on: December 12, 2016, 10:01:00 PM »
My NW figures;

31st Dec 2015 - $161K
31st Dec 2016 - $195K

Happy with this as I have had some big medical expenses this year (~$5K) and other expenses ($2K) which I felt had set me back - it's always nice to see the numbers though and remind myself that I still increased by +$34K (>20%) in under 12 months.

My aim is +50K in 2017 - onwards and upwards!

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Re: Net worth increase 2015 (i.e. the 'present' you give yourself)
« Reply #478 on: December 12, 2016, 10:28:07 PM »
5.74 percent gain in NW YTD.  Not great but since it is roughly 3 years of expenses I am not complaining.

19% Y on Y gain for 2016.  I FIRED on Nov 01 with a package so that accounts for part of the gain but it is still happy dance time!

Congrats on the FIREing!!!  Woo hoo!!!!!
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obstinate

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #479 on: December 13, 2016, 12:25:52 AM »
This has been an uncommonly good year for us. It looks like our non-home equity stuff went from somewhere around 33%. I believe the increase was this big as a percentage because we sunk a bunch of savings into an HCOL house down-payment a few years ago. So my salary was large relative to our savings, and it was filling in the hole. Including the home it looks like we're up about 20%.

We are selling the house at a huge profit next year and moving to New York, which will bring our invested assets close to our FIRE number. We will probably ride our jobs for a year or two more, since we'll go from having "enough" to "enough and plenty more besides." I also want to see what Donald Trump does with this country before making any hasty decisions.

ZsMom

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #480 on: December 13, 2016, 12:35:36 AM »
2016 - 637K (current, should actually be a little higher)
2015 - 553K
2014 - 502K
2013 - 405K

dude

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #481 on: December 13, 2016, 09:49:26 AM »
Roughly 15% growth in NW over the past year.

Nov. 24, 2015:

NW - $962,090*
Invested - $782,026

Dec. 12, 2016:

NW - $1,127,947*
Invested - $902,232

*excludes the roughly $315k value of my wife's parents' home, which was transferred to her roughly a decade ago; I just like to personally count the net worth we've built together from "scratch" (so to speak)

2Birds1Stone

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #482 on: December 13, 2016, 09:57:20 AM »
1/1/2014 - $60,000
1/1/2015 - $83,000
1/1/2016 - $140,000
1/1/2017- $255,000 (projected)

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Hey It's Moe

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #483 on: December 13, 2016, 04:52:40 PM »
1/1/2014 - $60,000
1/1/2015 - $83,000
1/1/2016 - $140,000
1/1/2017- $255,000 (projected)

That's impressive! What changed this year?

justchristine

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #484 on: December 13, 2016, 05:53:21 PM »
Wow, how have I missed this thread the past few years.  These are the numbers I wait all year to tally.  For perspective, I'm including numbers as far back as I started tracking.

2011 - 72k
2012 - 139k
2013 - 217k
2014 - 284k
2015 - 332k
2016 - 431k if markets hold til the end of the month
 Yowzers, almost 100k increase this year and only about a quarter of that was from my contributions.


sol

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #485 on: December 13, 2016, 07:17:21 PM »
Yowzers, almost 100k increase this year and only about a quarter of that was from my contributions.

Wait about three more years, and your month-to-month variation will sometimes exceed your entire first year's contribution.

FrugalFisherman10

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #486 on: December 13, 2016, 07:35:11 PM »
1/1/15: $64,049
1/1/16: $93,782
At present: $137,812 (2 paychecks left until 1/1/17)

I made roughly $60k-$65k in that period.

Maxing my 403(b) this year went a long way in boosting the NW (as did maxing my Roth, which I have done the last 4 years). Looking forward to putting away $18,000+$5,500 again this year --- and many years thereafter!
Nice! I'm about "2 years behind you" and hoping to replicate those numbers. Like I'm currently at ~65k and hope to make it to 95 or 100k next year.

As for this past year:
12/13/15:  37,708
12/13/16: 69,416
(Increase of 84% !)

"Invested" went from 19,447 to 44,188 (but should be another 17.5k higher if Vanguard would quit dragging their feet on getting my taxable account opened these past few weeks! I'm kinda bummed about missing these recent run ups :/ it's on me for having that much cash out of the market , but I was thinking it would be best to save up for a house dp outside the market for a while this year )

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MishMash

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Re: Net worth increase 2015 (i.e. the 'present' you give yourself)
« Reply #487 on: December 14, 2016, 08:40:29 AM »
This was our first full year tracking, and a horribly expensive crisis riddled year for us.  Number includes equity in the houses (no price appreciation from purchase though) and stocks were only up 1% across accounts in 2015 so this is pretty much all contributions.

Dec 31 2014: 721,425
Dec 31 2015: 823,141

2016, barring any more disasters (pretty please 2016, can we have one year without monumental bad luck...please...I promise I'll be nice to the woodland creatures, and perhaps temper my anger towards fellow DC drivers if so) should be a much better year, and will hopefully be our million dollar year through our own contributions.  There is an inheritance coming that will likely push us well over that mark but we want to hit it through our own contributions.

r.

Caveat this with we received part of the inheritance this year (in the early part of the year while the markets were down), and sold our rental house.

Dec 31 2014: 721,425
Dec 31 2015: 823,141
2016 1.459m barring an end of year drop

We did hit the million mark this year on our own, including house equity (but not appreciation) but we also spent more then we should have on a LOT of fun experiences (3 weeks in Europe, a tuna trip, a diving trip).  DH was determined to make this an epic year for good memories after how shitty last year was, and I kind of agreed with him, there was a lot of unexpected death and tragedy last year.  2017 we will be back on track and living cheaply

hoosier

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #488 on: December 14, 2016, 09:48:46 AM »
Jan 1


2014: 238K
2015: 264K
2016: 292K
2017 (p):397K

Enigma

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #489 on: December 14, 2016, 09:50:16 AM »
31Dec2015 - NW $860K US
14Dec2016 - NW $993K US

Net Worth Increase of $133k with one more paycheck to go and possibly a couple residual rental checks at the end of the month.  Doesn't look like I will cross the $1Mil US mark until Jan17.  I was so close at meeting the threshold but kept paying off end of the year expenses to stay under the mark (23k property taxes & 5k Dec insurance premiums)
"Periodically calculating your net worth -- the value of your assets minus your liabilities -- is the best way to measure and track your financial well-being." - unk

FI: Sept 1, 2014 (Age 35) - Completed
RE: Friday July 12, 2019 (Just b4 40th Bday) - Goal

2Birds1Stone

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #490 on: December 14, 2016, 09:55:38 AM »
1/1/2014 - $60,000
1/1/2015 - $83,000
1/1/2016 - $140,000
1/1/2017- $255,000 (projected)

That's impressive! What changed this year?

Completely changed careers from retail management to Enterprise Software sales in 2015.
"A small house can hold as much happiness as a big one." - Fortune Cookie

29 Months till FI - Stop by, or stay a while.....
https://forum.mrmoneymustache.com/journals/fire-by-thirty-five-chronicles-36-months-till-sabbatical!/

rob in cal

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #491 on: December 14, 2016, 03:11:00 PM »
  1/1/16 total assets including house/IRA's etc about 800 k.
  12/15/16 total assets somewhere around 860k.  Would be stronger growth but the housing market has been pretty flat so I didn't calculate any growth in housing value this year.

Landslave

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #492 on: December 14, 2016, 08:19:45 PM »
We have seen rebound appreciation of depressed real estate add to a lot of our value this year. And I had a killer business year last year.  Total net worth up about 20%.  But, because we are not levereged at all, and because we annuitized some of our stock holdings (did it right in 2003 at 7.2% fixed return) it is coming a little slower than it could.....but much of it is 100% secure and that makes me happy inside.  Real estate is yielding well now and we hope to buy 3 more houses as the proceeds accumulate.
We hope that our 401K and SEP IRAs will yield about 1/3 to 1/2 what the annuity will without touching princ. by the time we retire, too.

My FIRE date about 6 years away when I am 59 and wife's about 3 years when she is 61.  At that time, all going to plan, we will have replaced our working incomes entirely on interest alone, which is cool.  Instead of saving it, we can spend it!





letired

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #493 on: December 14, 2016, 09:47:35 PM »
1/1/2014 - $60,000
1/1/2015 - $83,000
1/1/2016 - $140,000
1/1/2017- $255,000 (projected)

That's impressive! What changed this year?

High five on the successful career change!! That's awesome!

Completely changed careers from retail management to Enterprise Software sales in 2015.

itchyfeet

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #494 on: December 15, 2016, 10:04:06 AM »
Bumper year for us.

Shot up from 67% of target to 79% of FIRE target so far.

Waiting on retirement fund manager reports in Jan, and with the good share market I could prob expect another $30K as a cherry on top for the year.

Good year in real estate, plus an extremely high income year from my job.

Expecting realestate to flatline in 2017, but high employment income to continue for at least 1 more year, if my job doesn't kill me in the mean time. Lol.

No idea what the share market might get do in 2017,  but we'll keep accumulating and increasing our exposure.

Approx: Net Worth composition as of today:

- Real Estate 60% (still 50% leveraged. Currently renting my abode and will look to buy somewhere at FIRE))
- Stocks (post tax) 10% (mostly index funds, plus a few other odds and sods)
- Retirement funds 28% (Australian Superannuation - growth focussed so mostly stocks)
- Pension (Discounted valuation) 10%
- Cash 2%

Working on increasing share market exposure % in 2017, with all savings to be directed there, as opposed to retiring real estate debt.

Think NW at FIRE will be:

Home: 25%
Investment real estate: 20%
Pension: 8%
Bonds: 5%
Stocks: 45%
Cash 2%


Thinking maybe 2.5 years to FIRE, but might pull the trigger a little earlier and roll the dice on picking up some post RE non-investment income.





KelStache

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #495 on: December 15, 2016, 10:18:49 AM »
With my first full year of working, and husband recently finishing school/starting work it's been a good year :) With our wedding and husband only working a few months, this should continue to improve in 2017.

Net worth Dec 2015: $1,270
Net worth Dec 2016: $38,700 (includes $5K honeymoon fund)

Increase : +$37,430

Zoot

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #496 on: December 15, 2016, 11:10:46 AM »
December 2014:  $696K
December 2015:  $761K
December 2016:  $878K

Wow--how is that even possible?  But there it is in black and white in my spreadsheet, so it must be true.  :)

dragoncar

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #497 on: December 15, 2016, 11:59:24 AM »
I was up so much in the first 6 months, and down from there, I started to get depressed.  But my 1-year increase is still great, so I guess I shouldn't cry

recklesslysober

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #498 on: December 15, 2016, 12:53:42 PM »
Posting to follow for inspiration and also to mark the start of my foray into MMM. I started using YNAB in January 2016 but didn't start posting on MMM until November 2016. I'm amazed at the changes in my life already after only 6 weeks, so I'm looking forward to seeing what a full year of this can really do. 

2015: -$133,000
2016: -$110,000 (+$23,000)

ysette9

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #499 on: December 15, 2016, 01:08:11 PM »
Seeing this topic in the list of unread threads for a long time now prompted me to do the calculations for us It's off by 2 weeks (30 Dec 2015 to 15 Dec 2016), but whatevs.

2015: 1214953.98
2016: 1472968.49

Delta: 258014.51

Wow!
"It'll be great!"