Author Topic: Net worth up $71K in 19 months  (Read 1704 times)

retireasap26

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Net worth up $71K in 19 months
« on: May 31, 2016, 09:52:43 AM »
I recently had a consulting session with a FI blogger, and as I was preparing for it, I realized our household is $71K ahead of where it was in October 2014, when we discovered FI by reading Robert & Robin Charlton's book. I had not calculated this number and was very excited to see it.

Our increase results from debt payoff of $47,720 plus tax advantaged retirement savings of $23,308. We are down from 8 debts to 3 tax advantaged debts only. The re-fi of our home helped, but mostly it was getting rid of those pesky debts and opening a 457 that made the difference.

We also had an addition to our family since then, resulting of course in new expenses, including child care.

We only make about $120,000, so I think this is pretty good :)

Spitfire

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Re: Net worth up $71K in 19 months
« Reply #1 on: May 31, 2016, 10:05:49 AM »
Congrats, that's some great progress, especially if that $120k number is before (hefty) taxes. Keep it going!!

retireasap26

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Re: Net worth up $71K in 19 months
« Reply #2 on: May 31, 2016, 10:07:32 AM »
Congrats, that's some great progress, especially if that $120k number is before (hefty) taxes. Keep it going!!

It is before the always-too-hefty taxes.