Author Topic: $500,000 Net Worth by the end of 2017  (Read 881 times)

frugalkristen

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$500,000 Net Worth by the end of 2017
« on: February 20, 2017, 07:50:49 AM »
I'm setting a goal for 2017 - to achieve the $500,000 Net Worth milestone.  Currently sitting at $463,000.  I'm not a high earner so this will be a challenge but I think I can do it.  I take every OT shift they offer and save as much as I can. 

Anyone else close to this milestone and want to jump in?

Freedomin5

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Re: $500,000 Net Worth by the end of 2017
« Reply #1 on: February 20, 2017, 07:54:32 AM »
I'll join, though it will be a stretch goal for us. Sitting at around $400k right now.

boarder42

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Re: $500,000 Net Worth by the end of 2017
« Reply #2 on: February 20, 2017, 08:02:31 AM »
i'll joing but its not gonna be a gauntlet for us.  we're really sitting around 485k right now invested. so we'll hit 500k in a couple months.
PM me about how to save 6% on your annual grocery Bill!

There is a 35k starwood bonus right now as well. PM me for the info.

swashbucklinstache

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Re: $500,000 Net Worth by the end of 2017
« Reply #3 on: February 20, 2017, 06:25:17 PM »
Reading this makes me hope we see a (sustainable) 10%+ gain in the stock market this year just for you! Well, you know, and for me too :)
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TheAnonOne

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Re: $500,000 Net Worth by the end of 2017
« Reply #4 on: February 22, 2017, 02:21:58 PM »
Just crossed 400k myself a few days ago. I'd LOVE to see 500 in 2017 but we only save around 90 to 100k a year and 2/12 months are done already.

My stash is "only" 275, so even a 10% market jump from this massive rally(unlikely) would only be 27k which would be enough. Hmm

Good luck!

boarder42

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Re: $500,000 Net Worth by the end of 2017
« Reply #5 on: February 22, 2017, 02:31:16 PM »
well we may hit this as soon as april.  if i account for my alternative investments in opening day baseball tickets and my expected profit from those.  we're sitting around 493k right now so with the money that will be going in thru auto invest it will likely be april
PM me about how to save 6% on your annual grocery Bill!

There is a 35k starwood bonus right now as well. PM me for the info.

garth

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Re: $500,000 Net Worth by the end of 2017
« Reply #6 on: February 22, 2017, 05:01:26 PM »
I'm in. Currently sitting at $399k and planning to save another $100k or so. If markets are up, hoping to hit this milestone in Nov.

Guide2003

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Re: $500,000 Net Worth by the end of 2017
« Reply #7 on: February 27, 2017, 07:39:59 PM »
I'll throw down too. We're at $465k as of today, but that includes an optimistic Zillow forecast of our house. If you take about $20k off that number it will be a bit of a stretch, but we may be able to pull it off!

TheAnonOne

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Re: $500,000 Net Worth by the end of 2017
« Reply #8 on: March 01, 2017, 09:29:19 AM »
I'm in. Currently sitting at $399k and planning to save another $100k or so. If markets are up, hoping to hit this milestone in Nov.
Yea we save about 100k a year but we are already 2 months in! The markets would have to be awfully accommodating. Though, today is looking that way! (Up 1.2% today already!)

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rebel_quietude

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Re: $500,000 Net Worth by the end of 2017
« Reply #9 on: March 20, 2017, 08:55:29 AM »
I'll join in on this one! I'm sitting at $487k, so this should happen before the end of second quarter. It's such a big milestone, though, I look forward to celebrating with you all.

Those of you making it a stretch goal - good on you. Fingers crossed for a rosy market!

RWD

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Re: $500,000 Net Worth by the end of 2017
« Reply #10 on: March 20, 2017, 09:37:09 AM »
We're at about $420k right now. Hitting $500k by the end of the year will definitely require some market cooperation.