Author Topic: Race from $1M to $2M  (Read 546158 times)

Dogastrophe

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Re: Race from $1M to $2M
« Reply #2350 on: November 30, 2023, 03:39:51 PM »

Investments only; Household combined.

                       2019 ($)            2020 ($)            2021 ($)            2022 ($)            2023 ($)           
January-496,255674,413898,547902,687
February-472,573700,728880,646903,228
March-444,067732,652901,213928,990
April-495,051762,029848.393982,455
May-524,063759,955843,438990,932
June-524,530796,116789,2511,032,315
July330,406552,296826,664856,6471,070,543
August437,870632,115866,404848,3201,080,553
September443,081617,959827,075813,6681,033,191
October452,295604,646873,651865,5081,045,192
November483,711664,577898,767905,3571,118,401
December484,963674,843925,511860,954-

turketron

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Re: Race from $1M to $2M
« Reply #2351 on: December 01, 2023, 06:47:53 AM »
2015              2016              2017              2018              2019              2020              2021              2022              2023             
Jan141,251.00$193,414.19$283,829.36$359,505.30$546,089.75$762,355.51$1,008,596.87$896,405.70
Feb$135,573.00$200,758.63$304,851.88$397,087.41$557,258.06$780,137.13$954,587.38$956,408.33
Mar$138,331.39$211,677.78$303,796.17$428,309.57$522,077.78$815,764.71$949,999.72$942,437.96
Apr$98k$146,788.37$217,643.71$307,682.67$440,342.71$451,185.96$829,307.88$999,856.70$978,864.73
May$111k$149,149.52$225,773.04$315,634.59$456,285.80$510,875.92$874,326.67$928,584.50$995,095.52
Jun$112k$161,205.21$232,222.09$337,046.55$441,047.77$551,923.37$878,873.50$916,075.45$998,436.27
Jul$113k$165,947.80$235,779.19$340,399.63$476,489.51$567,485.67$907,568.86$840,059.88$1,064,698.17
Aug$113k$176,198.00$244,461.55$363,304.76$486,559.27$601,161.19$923,408.92$915,283.13$1,106,018.02
Sept $116k$178,840.37$247,101.69$385,572.12$483,967.28$653,037.25$950,899.02$891,457.82$1,086,863.98
Oct$184,372.64$256,365.91$392,296.56$490,200.54$639,398.62$907,416.93$822,036.27$1,043,259.18
Nov$120,330.91$181,625.28$266,140.14$370,000.25$501,003.17$637,260.06$963,453.56$886,527.53$1,022,278.77
Dec$138,810.56$187,972.57$279,806.93$386,361.40$531,904.82$723,586.82$964,037.88$938,630.06$1,112,472.28

Much better this month!

Arbitrage

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Re: Race from $1M to $2M
« Reply #2352 on: December 01, 2023, 09:20:28 AM »
Liquid NW / Total NW

1/1/16:   $455k / 675k
1/1/17:   $555k / 822k
1/1/18:   $735k / 1.071M
1/1/19:   $765k / 1.152M
1/1/20:   $1.049M / 1.531M
1/1/21:   $1.370M / 1.883M
1/1/22:   $1.972M / 2.252M
2/1/22:   $1.916M / 2.207M
3/1/22:   $1.900M / 2.189M
4/1/22:   $1.915M / 2.220M
5/1/22:   $1.806M / 2.134M
6/1/22:   $1.827M / 2.164M
7/1/22:   $1.695M / 2.066M
8/1/22:   $1.809M / 2.180M
9/1/22:   $1.766M / 2.149M
10/1/22: $1.614M / 1.997M
11/1/22: $1.702M / 2.048M
12/1/22: $1.822M / 2.163M
1/1/23:   $1.772M / 2.059M
2/1/23:   $1.884M / 2.193M
3/1/23:   $1.846M / 2.150M
4/1/23:   $1.863M / 2.166M
5/1/23:   $1.875M / 2.203M
6/1/23:   $1.854M / 2.184M
7/1/23:   $1.936M / 2.279M
8/1/23:   $2.010M / 2.363M
9/1/23:   $1.971M / 2.312M
10/1/23: $1.908M / 2.258M
11/1/23: $1.854M / 2.202M
12/1/23: $1.992M / 2.326M

Almost back to my personal ATH in liquid funds, though supposedly our house value dropped.  Nevertheless, a rather nice change.

Turtle

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Re: Race from $1M to $2M
« Reply #2353 on: December 01, 2023, 09:56:06 AM »
401K/IRA/HSA and Stock/Bond Investments only

Solo numbers for historical data
End of 2011 - $119,519
End of 2012 - $182,941
Didn't track for a few years
End of 2018 - $373,648
End of 2019 - $516,500
End of 2020 - $613,300
End of 2021 - $771,504

Table is combined inherited and earned myself

                       2022                2023               
January-$1,682,771
February-$1,651,301
March-$1,695,258
April$1,616,393$1,709,287
May$1,620,128$1,685,455
June$1,502,733$1,769,299
July$1,609,981$1,833,052
August$1,553,391$1,801,133
September$1,429,000$1,726,665
October$1,534,000$1,680,000*
November$1,637,342$1,818,188
December$1,567,591-


Imustacheyouaquestion

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Re: Race from $1M to $2M
« Reply #2354 on: December 01, 2023, 11:59:18 AM »
Glad to be above the $1M mark again!

Month              2023                2024              2025               
January---
February---
March----
April---
May---
June---
July---
August---
September$1,000,003--
October$990,000--
November$975,000--
December$1,034,700--

pasadenafr

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Re: Race from $1M to $2M
« Reply #2355 on: December 01, 2023, 12:06:26 PM »
Invested assets, long term savings and debts:

12/31/14       $51,962
12/31/15       $92,762
12/31/16      $163,900
12/31/17      $251,415
12/31/18      $330,093 - new job, nice retention bonus from previous job
12/31/19      $519,878 - pension lump sum after leaving old job (rolled into 401k)
12/31/20      $714,958
12/31/21      $993,847 - reached $1M on 11/03 and then, well... yeah.
12/31/22      $855,784

---

01/31/23      $930,327
02/28/23      $939,370
03/31/23      $977,364 - maxed out 401(k), started Mega Backdoor Roth
04/30/23      $991,877
05/31/23    $1,010,433 - YAY! COOKIES!
06/30/23    $1,056,937
07/31/23    $1,097,939 - maxed out Mega Backdoor Roth
08/31/23    $1,082,361
09/30/23    $1,048,207
10/31/23    $1,022,187
11/30/23    $1,121,755


Went over the $1.1M milestone this month, after getting soooo close in July. That's almost a $100k jump in one month 😲. Let's hope it holds!

dandarc

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Re: Race from $1M to $2M
« Reply #2356 on: December 01, 2023, 02:02:00 PM »
Date          TotalNW   Stache Only
Nov 12 2020 - 1.001M    0.953M
Jan 01 2021 - 1.061M    1.026M
Jan 01 2022 - 1.279M    1.246M
Jan 01 2023 - 1.066M    1.032M
Feb 01 2023 - 1.142M    1.105M
Mar 01 2023 - 1.115M    1.074M
Apr 01 2023 - 1.130M    1.086M
Jun 01 2023 - 1.132M    1.089M
Jul 02 2023 - 1.187M    1.138M
Aug 01 2023 - 1.231M    1.177M
Oct 01 2023 - 1.146M    1.100M
Dec 01 2023 - 1.194M    1.154M

Stache Highwater mark: November 9 2021 - 1.282M Total, 1.261M Stache

Catching up on record keeping today. That high-water-mark remains elussive. Then again, haven't been putting much at all in (may well be $0 added for 2023) since I dialed back to part time in 2021.

I'm also in an ever-accelerating way unwinding some 0% balance transfer offers I did in 2020 to have more to invest - have rolled forward since then from card to card with 3-5% fees, but it just isn't worth the stress. So that will be done by August unless we have some major cash crunch and have to extend yet further. Maybe in 2024 we can actually add to the balances again. Of course we're probably moving then. So less of a "run" from 1 to 2 million for me than a crawl I guess.

MoneyTree

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Re: Race from $1M to $2M
« Reply #2357 on: December 01, 2023, 04:11:03 PM »
Mid 2019 - First passed $1M
March 2020 - dropped to $840K (covid)
April 2020 - reclaimed $1M
June 2020 - passed $1.1M
August 2020 - passed $1.2M
January 2021 - passed $1.3M
April 2021 - passed $1.4M
August 2021 - passed $1.5M
November 2021 - passed $1.6M
June 2023 - passed $1.7M
December 2023 - passed $1.8M

making progress!

bigote2032

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Re: Race from $1M to $2M
« Reply #2358 on: December 01, 2023, 04:34:20 PM »
1/31/2023    $1,086,347.19
2/28/2023    $1,462,233.84
3/31/2023    $1,492,865.46
4/30/2023    $1,516,786.80
5/31/2023    $1,543,270.83
6/30/2023    $1,615,750.49
7/31/2023    $1,683,127.11
8/31/2023    $1,653,146.50
9/30/2023    $1,601,126.93
10/31/2023    $1,546,892.46
11/30/2023    $1,693,037.96

Finally a really good month after January! Hoping to break the 1.7M next month.  This is a new watermark for me!

Finwiz

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Re: Race from $1M to $2M
« Reply #2359 on: December 02, 2023, 11:07:35 AM »
Happy to be joining this thread from the 500-1mm race! We'll see how many times we oscillate back and forth, but hopefully we'll keep ourselves above that mark. Aiming for $200k+ in annual contributions/savings in 2024.

01/01/21 - $400,149
03/31/21 - $458,005 (+$57,856)
06/30/21 - $517,109 (+$116,960)
09/30/21 - $563,939 (+$163,790)
12/31/21 - $603,373 (+$203,224)

01/16/22 - $601,346 (-$2,026)
03/31/22 - $646,383 (+$43,010)
06/30/22 - $638,810 (+$35,437)
10/17/22 - $672,896 (+$69,523)
12/31/22 - $736,945 (+$133,573)

01/15/23 - $758,371 (+$21,425)
01/31/23 - $773,643 (+$36,697)
02/16/23 - $783,541 (+$46,595)
02/28/23 - $811,982 (+$75,036)
03/31/23 - $842,402 (+$105,457)
04/17/23 - $851,821 (+$114,875)
04/30/23 - $858,288 (+$121,342)
05/31/23 - $889,221 (+$152,275)
06/16/23 - $934,050 (+$197,104)
07/15/23 - $957,667 (+$220,721)
08/01/23 - $978,930 (+$241,984)
08/31/23 - $985,028 (+$248,083)
10/16/23 - $988,762 (+$251,816)
11/07/23 - $1,005,005 (+$268,059)
11/30/23 - $1,044,649 (+$307,703)

bananas

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Re: Race from $1M to $2M
« Reply #2360 on: December 03, 2023, 01:27:19 PM »
Couldn't resist joining this thread; tracking my NW every month is one of my favorite rituals.

After a lot of ups and downs over the last couple years, feels like progress is finally happening. And this month's tally was very exciting -- hit 1.8 for the first time. Starting to feel like 2 is not that far off!

Total Net Worth:

Month           2022              2023              2024             
January$1,467,082$1,504,623—
February$1,441,952$1,476,669—
March$1,487,431$1,517,419—
April$1,382,818$1,568,736—
May$1,396,518$1,576,460—
June$1,304,137$1,682,624—
July$1,401,307$1,753,584—
August$1,355,802$1,735,024—
September$1,247,508$1,667,015—
October$1,340,992$1,625,971—
November$1,450,555$1,801,365—
December$1,396,664——

AFrugalGuy

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Re: Race from $1M to $2M
« Reply #2361 on: December 03, 2023, 04:41:49 PM »
Current net worth is $1,265,857.28, which includes primary residence, current value of defined benefit pension plan, emergency fund and liquid retirement investments. Hit $500k in liquid retirement investments for the first time on Friday.

Bateaux

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Re: Race from $1M to $2M
« Reply #2362 on: December 03, 2023, 05:39:57 PM »
Couldn't resist joining this thread; tracking my NW every month is one of my favorite rituals.

After a lot of ups and downs over the last couple years, feels like progress is finally happening. And this month's tally was very exciting -- hit 1.8 for the first time. Starting to feel like 2 is not that far off!

Total Net Worth:

Month           2022              2023              2024             
January$1,467,082$1,504,623—
February$1,441,952$1,476,669—
March$1,487,431$1,517,419—
April$1,382,818$1,568,736—
May$1,396,518$1,576,460—
June$1,304,137$1,682,624—
July$1,401,307$1,753,584—
August$1,355,802$1,735,024—
September$1,247,508$1,667,015—
October$1,340,992$1,625,971—
November$1,450,555$1,801,365—
December$1,396,664——

Go!Go!Go!

Multimillionaire status is coming. Will there be a few corrections and disappointments? Yes, almost certain. Will you win in the end? Absolutely!

Bateaux

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Re: Race from $1M to $2M
« Reply #2363 on: December 03, 2023, 05:42:00 PM »
1/31/2023    $1,086,347.19
2/28/2023    $1,462,233.84
3/31/2023    $1,492,865.46
4/30/2023    $1,516,786.80
5/31/2023    $1,543,270.83
6/30/2023    $1,615,750.49
7/31/2023    $1,683,127.11
8/31/2023    $1,653,146.50
9/30/2023    $1,601,126.93
10/31/2023    $1,546,892.46
11/30/2023    $1,693,037.96

Finally a really good month after January! Hoping to break the 1.7M next month.  This is a new watermark for me!
Outstanding! It works. Stick with it and it works.

Bateaux

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Re: Race from $1M to $2M
« Reply #2364 on: December 03, 2023, 05:45:36 PM »
Mid 2019 - First passed $1M
March 2020 - dropped to $840K (covid)
April 2020 - reclaimed $1M
June 2020 - passed $1.1M
August 2020 - passed $1.2M
January 2021 - passed $1.3M
April 2021 - passed $1.4M
August 2021 - passed $1.5M
November 2021 - passed $1.6M
June 2023 - passed $1.7M
December 2023 - passed $1.8M

making progress!

I feel like doing some cheerleading for those soon headed to the 2 to 4 and beyond club.
Things have gotten slow on that thread. Last post was by me last week.  Stuffy old multimillionaires are too busy counting all their money to post. We need new blood!

That is rocketship growth.  I feel like a turtle looking back at how long it took.
« Last Edit: December 03, 2023, 05:49:08 PM by Bateaux »

JupiterGreen

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Re: Race from $1M to $2M
« Reply #2365 on: December 03, 2023, 06:10:34 PM »
May 2021   1,204,509
Jun 2021   1,222,430
Jul 2021   1,240,105
Aug 2021   1,259,949
Sep 2021   1,281,458
Oct 2021   1,256,843
Nov 2021   1,291,735
Dec 2021   1,264,320
Jan 2021   1,313,333
Feb 2022   1,250,517
Mar 2022   1,222,102
Apr 2022   1,264,641
May 2022   1,192,930
Jun 2022   1,196,624
Jul 2022   1,134,107
Aug 2022   1,185,716
Sep 2022   1,168,542
Oct 2022   1,088,717
Nov 2022   1,142,200
Dec 2022   1,222,881
Jan 2022   1,188,549
Feb 2023   1,235,809
Mar 2023   1,223,165
Apr 2023   1,237,203
Jun 2023   1,295,744
Jul 2023   1,353,033
Aug 2023   1,385,534
Sep 2023   1,342,520
Oct 2023   1,329,704
Nov 2023   1,300,504
Dec 2023   1,396,791

Yeah so many people are on the precipice of graduating to the 2m and beyond. Meanwhile, I feel like we've just been treading water for the past three years despite continuing to throw a ton of money at the accounts. Nevertheless, we persist. 

edit: if anyone can tell me how to make columns it would be much appreciated.
« Last Edit: December 03, 2023, 06:12:24 PM by JupiterGreen »

Freedomin5

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Re: Race from $1M to $2M
« Reply #2366 on: December 03, 2023, 08:26:32 PM »
We are at 1.92. Will probably hit 2m within the next few months, unless we have another 2022, when we threw in over $150K, and our net worth only went up by $42K. That was also the year when we spent 3 months under house arrest and getting daily COVID tests (China's pandemic prevention measures were no joke). I really hope we don't have a repeat of 2022.

Bateaux

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Re: Race from $1M to $2M
« Reply #2367 on: December 03, 2023, 09:37:51 PM »
We are at 1.92. Will probably hit 2m within the next few months, unless we have another 2022, when we threw in over $150K, and our net worth only went up by $42K. That was also the year when we spent 3 months under house arrest and getting daily COVID tests (China's pandemic prevention measures were no joke). I really hope we don't have a repeat of 2022.
I'm hoping the rally continues and you tip over the mark.  If not be patient. I can remember the 2 million point myself. It went back and forth many times. I think it was April 2018. 
We were buying our Florida home at the time. I was worried about the purchase at the time. It was an awesome price. Now it's more than double in value what we paid. Our investment accounts have increased by another 1.3 million since then as well.  Hang in there.
« Last Edit: December 03, 2023, 09:51:33 PM by Bateaux »

bananas

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Re: Race from $1M to $2M
« Reply #2368 on: December 04, 2023, 04:14:13 AM »
I feel like doing some cheerleading for those soon headed to the 2 to 4 and beyond club.
Things have gotten slow on that thread. Last post was by me last week.  Stuffy old multimillionaires are too busy counting all their money to post. We need new blood!

That is rocketship growth.  I feel like a turtle looking back at how long it took.

Love the cheerleading! And your comment about stuffy old multimillionaires made me snicker.

weebs

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Re: Race from $1M to $2M
« Reply #2369 on: December 04, 2023, 05:30:54 AM »
I feel like doing some cheerleading for those soon headed to the 2 to 4 and beyond club.
Things have gotten slow on that thread. Last post was by me last week.  Stuffy old multimillionaires are too busy counting all their money to post. We need new blood!

That is rocketship growth.  I feel like a turtle looking back at how long it took.

Love the cheerleading! And your comment about stuffy old multimillionaires made me snicker.

+1.  Thanks for the cheerleading and we're close - 1.91M (not including our paid off house) as of EQ3 this year.  One of my 2024 goals is to graduate to the 2-4M thread.  I want to be a stuffy old multimillionaire when I grow up.  ;-)

MrsSpendyPants

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Re: Race from $1M to $2M
« Reply #2370 on: December 04, 2023, 05:41:38 AM »
Just hit 1.5M in investments! 

JupiterGreen

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Re: Race from $1M to $2M
« Reply #2371 on: December 04, 2023, 06:04:40 AM »
Just hit 1.5M in investments!

Hooray congratulations! I feel genuine joy at your victory as a fellow "mucky middler" myself.

drumstache

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Re: Race from $1M to $2M
« Reply #2372 on: December 04, 2023, 04:00:10 PM »
Hey all, Looks fancy in here!  Was tracking investments only in previous thread.

DATE      INVESTABLE ASSESTS
Dec 2010      $137,800   
Dec 2011      $145,000   
Dec 2012      $179,000   
Dec 2013      $199,543   
Dec 2014      $221,787   
Jan 2015      $247,945   
May 2015      $279,652   
May 2016      $328,980   
Jul 2017      $417,772   
Aug 2018      $491,708   
Jul 2019      $617,447   
Jul 2020      $727,000   
Jul 2021      $935,000   
Jul 2022      $877,000   
Jan 2023      $930,091   
Feb 2022      $964,372   
Mar 2023      $950,000   
Apr 2023      $977,000   
May 2023      $983,545   
Jun 2023      $1,002,000
Jul 2023      $1,019,263
Aug 2023      $1,060,837
Sep 2023      $1,039,989
Oct 2023      $992,000   
Nov 2023      $1,032,057
Dec 2023      $1,078,425  ($1,288,425 - TNW)

weebs

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Re: Race from $1M to $2M
« Reply #2373 on: December 04, 2023, 05:07:19 PM »
Hey all, Looks fancy in here!

<Looks around...>

Huh...must be the other folks.  Anyway, welcome and congrats on being part of the double comma club!

fuzzy math

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Re: Race from $1M to $2M
« Reply #2374 on: December 04, 2023, 07:36:15 PM »
Investments only

                   2018            2019            2020            2021            2022            2023             2024             
January-$226,942$401,746$603,129$905,792$860,957-
February-$249,796$414,430$610,412$867,164$930,363-
March-$270,351$412,631$630,438$856,028$938,053-
April-$285,770$393,815$679,078$900,389$957,750-
May-$295,838$414,524$719,534$837,895$973,337-
June$219,320$283,393$452,579$737,483$849,385$968,752-
July$228,483$307,071$471,455$771,570$798,307$1,013,927-
August$234,711$315,942$496,982$784,835$861,929$1,059,239-
September$245,993$318,301$529,603$815,664$837,259$1,057,189-
October$251,023$334,301$525,945$795,014$780,500$1,011,786-
November$238,881$352,430$528,082$851,714$844,902$971,634-
December$244,687$370,715$585,310$880,980$899,305$1,079,203-

« Last Edit: December 04, 2023, 07:38:43 PM by fuzzy math »

fuzzy math

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Re: Race from $1M to $2M
« Reply #2375 on: December 04, 2023, 07:44:47 PM »
Welcome drumstache, finwiz and bananas!

Excited to see everyone's numbers skyrocketing and hopefully some graduation announcements 
« Last Edit: December 04, 2023, 07:46:37 PM by fuzzy math »

drumstache

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Re: Race from $1M to $2M
« Reply #2376 on: December 05, 2023, 08:22:46 AM »
Welcome drumstache, finwiz and bananas!

Excited to see everyone's numbers skyrocketing and hopefully some graduation announcements

Thanks all!  Is that a Koala with Freddie in your avatar? 

oldmannickels

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Re: Race from $1M to $2M
« Reply #2377 on: December 05, 2023, 10:05:20 AM »
Mid 2019 - First passed $1M
March 2020 - dropped to $840K (covid)
April 2020 - reclaimed $1M
June 2020 - passed $1.1M
August 2020 - passed $1.2M
January 2021 - passed $1.3M
April 2021 - passed $1.4M
August 2021 - passed $1.5M
November 2021 - passed $1.6M
June 2023 - passed $1.7M
December 2023 - passed $1.8M

making progress!

I feel like doing some cheerleading for those soon headed to the 2 to 4 and beyond club.
Things have gotten slow on that thread. Last post was by me last week.  Stuffy old multimillionaires are too busy counting all their money to post. We need new blood!

That is rocketship growth.  I feel like a turtle looking back at how long it took.

So close can't wait to join you Flyguy soccerluv and others I've been reading in that thread

fuzzy math

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Re: Race from $1M to $2M
« Reply #2378 on: December 05, 2023, 10:17:07 AM »
Welcome drumstache, finwiz and bananas!

Excited to see everyone's numbers skyrocketing and hopefully some graduation announcements

Thanks all!  Is that a Koala with Freddie in your avatar?

It's a Himalayan kitty with Freddie :)

drumstache

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Re: Race from $1M to $2M
« Reply #2379 on: December 05, 2023, 12:23:27 PM »

It's a Himalayan kitty with Freddie :)

Ah!  My eyes aren't what they used to be!

MoneyTree

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Re: Race from $1M to $2M
« Reply #2380 on: December 05, 2023, 07:32:37 PM »
Mid 2019 - First passed $1M
March 2020 - dropped to $840K (covid)
April 2020 - reclaimed $1M
June 2020 - passed $1.1M
August 2020 - passed $1.2M
January 2021 - passed $1.3M
April 2021 - passed $1.4M
August 2021 - passed $1.5M
November 2021 - passed $1.6M
June 2023 - passed $1.7M
December 2023 - passed $1.8M

making progress!

I feel like doing some cheerleading for those soon headed to the 2 to 4 and beyond club.
Things have gotten slow on that thread. Last post was by me last week.  Stuffy old multimillionaires are too busy counting all their money to post. We need new blood!

That is rocketship growth.  I feel like a turtle looking back at how long it took.
Thanks for the cheerleading! Hope I can join that thread sometime next year!

The rocketship stalled between Nov 2021 and June 2023. Felt like we were going nowhere despite contributing a lot.

On the plus side, the 1.5 years of going nowhere helped me realize that my contributions aren’t moving the needle much anymore, and has helped me to be ok with spending more where it actually improves my life. For too long I didn’t spend as much as I could have for the sake of feeding the ‘stache.

Woodro85

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Re: Race from $1M to $2M
« Reply #2381 on: December 06, 2023, 03:37:59 PM »
Joining the new group as I make the journey to $2M. I track networth which includes my home, but does not include my wife's assets. broke through the millionaire status to start 2023, and posting my March 1 status a few days early (busy the next few days!)

1/1/2013  -$20,000
1/1/2014   -$7,000
1/1/2015   $19,000
1/1/2016   $70,000
1/1/2017   $126,000
1/1/2018   $185,000
1/1/2019   $417,000
1/1/2020   $489,000
1/1/2021   $545,000
1/1/2022   $656,000
1/1/2023   $1,018,000
2/1/2023   $1,043,000
3/1/2023   $1,047,000

Based on my projections I should graduate this group in June 2027. Another million in less than 4.5 years does not seem realistic but I keep beating my projections (humble brag). Hopefully at this time I'll be evaluating the continuation of the 9-5 but don't have a set number right now. Let's go!

1/1/2023   $1,018,000
2/1/2023   $1,043,000
3/1/2023   $1,047,000
4/1/2023   $1,056,000
5/1/2023   $1,047,000
6/1/2023   $1,053,000
7/1/2023   $1,062,000

A few up and down months but think I'm back on track after a few big purchases first half of the year. Will look to break $1.1M mark before end of the year but we'll see what the stock market wants to do.

8/1/2023   $1,078,000
9/1/2023   $1,082,000
10/1/2023 $1,063,000
11/1/2023   $1,069,000
12/1/2023   $1,103,000

Ah how nice this recent market rally has been. Was hoping to get over $1.1 before the end of the year, and I've hit that if things hold. I'd be very happy if my NW increased by $100k in a year after what felt like a very expensive year. Good luck to you all in the final month of 2023!

alex2918

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Re: Race from $1M to $2M
« Reply #2382 on: December 07, 2023, 03:37:07 AM »
Another update. I think on track for 2030  retirement          
              Real
              Estate LNW TNW
Dec-2020   352   547   899
Jan-2021   352   561   913
Feb-2021   391   520   905
Mar-2021   391   525   916
Apr-2021   392   538   930
May-2021   426   549   975
June-2021   429   564   993
July-2021   400   600   1000
Aug-2021   400   635   1035
Sep-2021   403   616   1019
Oct-2021   404   674   1078
Nov-2021   441   667   1108
Dec-2021   467   745   1212
Jan-2022   612   598   1210
Feb-2022   620   594   1214
Mar-2022   609   617   1226
Apr-2022   602   538   1140
May-2022   602   538   1140
July-2022   602   538   1140
Nov-2022   709   522   1231
Dec-2022   709   504   1213
April-2023   719   557   1276
May-2023   730   581   1311
June-2023   730   618   1348
July-2023   754   642   1396
Aug-2023   754   639   1393
Nov-2023   754   626   1380
Dec-2023   754   661   1415

Dave1442397

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Re: Race from $1M to $2M
« Reply #2383 on: December 09, 2023, 01:50:01 PM »
Here's mine for the year so far.

The first entry is from when I first found MMM and started tracking things.

01/02/17   $361,904
   
01/02/23   $1,040,407
02/02/23   $1,106,644
03/02/23   $1,079,795
04/02/23   $1,114,027
05/02/23   $1,127,102
06/02/23   $1,147,745
07/02/23   $1,252,912
08/02/23   $1,278,143
09/02/23   $1,275,557
10/02/23   $1,231,528
11/02/23   $1,229,024
12/02/23   $1,313,340

weebs

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Re: Race from $1M to $2M
« Reply #2384 on: December 10, 2023, 10:24:36 AM »
Here's mine for the year so far.

The first entry is from when I first found MMM and started tracking things.

01/02/17   $361,904
   
01/02/23   $1,040,407
02/02/23   $1,106,644
03/02/23   $1,079,795
04/02/23   $1,114,027
05/02/23   $1,127,102
06/02/23   $1,147,745
07/02/23   $1,252,912
08/02/23   $1,278,143
09/02/23   $1,275,557
10/02/23   $1,231,528
11/02/23   $1,229,024
12/02/23   $1,313,340

30% in one year is great progress.  Nicely done.

I broke my rule about only checking quarterly and ran our numbers (LNW only).

...
10/1/2023   - 1.92M
12/10/2023 - 1.997632M

Time to raid the couch cushions for loose change.


Bateaux

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Re: Race from $1M to $2M
« Reply #2385 on: December 10, 2023, 09:19:25 PM »
Here's mine for the year so far.

The first entry is from when I first found MMM and started tracking things.

01/02/17   $361,904
   
01/02/23   $1,040,407
02/02/23   $1,106,644
03/02/23   $1,079,795
04/02/23   $1,114,027
05/02/23   $1,127,102
06/02/23   $1,147,745
07/02/23   $1,252,912
08/02/23   $1,278,143
09/02/23   $1,275,557
10/02/23   $1,231,528
11/02/23   $1,229,024
12/02/23   $1,313,340

30% in one year is great progress.  Nicely done.

I broke my rule about only checking quarterly and ran our numbers (LNW only).

...
10/1/2023   - 1.92M
12/10/2023 - 1.997632M

Time to raid the couch cushions for loose change.

There have been times like this when I had to include the emergency fund green cash to get over the hump. One million was exciting but too far away from FIRE. Two million brought elation because FIRE is actually possible at that point. Three million came and went away for a while with covid and other pullbacks. Sitting at four total net worth now isn't so much exciting as it is satisfying. Five TNW will probably bring mindset change if we get there. We'll be drawing and not just building so the rise to five may be slower.
You're going to get to all those points. Congratulations on a job well done.
« Last Edit: December 10, 2023, 09:21:49 PM by Bateaux »

Dave1442397

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Re: Race from $1M to $2M
« Reply #2386 on: December 11, 2023, 05:10:46 AM »
Here's mine for the year so far.

The first entry is from when I first found MMM and started tracking things.

01/02/17   $361,904
   
01/02/23   $1,040,407
02/02/23   $1,106,644
03/02/23   $1,079,795
04/02/23   $1,114,027
05/02/23   $1,127,102
06/02/23   $1,147,745
07/02/23   $1,252,912
08/02/23   $1,278,143
09/02/23   $1,275,557
10/02/23   $1,231,528
11/02/23   $1,229,024
12/02/23   $1,313,340

30% in one year is great progress.  Nicely done.

I broke my rule about only checking quarterly and ran our numbers (LNW only).

...
10/1/2023   - 1.92M
12/10/2023 - 1.997632M

Time to raid the couch cushions for loose change.

Thanks, and you're so close to that next bracket! Moving on...

weebs

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Re: Race from $1M to $2M
« Reply #2387 on: December 11, 2023, 08:56:14 AM »
There have been times like this when I had to include the emergency fund green cash to get over the hump. One million was exciting but too far away from FIRE. Two million brought elation because FIRE is actually possible at that point. Three million came and went away for a while with covid and other pullbacks. Sitting at four total net worth now isn't so much exciting as it is satisfying. Five TNW will probably bring mindset change if we get there. We'll be drawing and not just building so the rise to five may be slower.
You're going to get to all those points. Congratulations on a job well done.

Thanks for the encouragement, I really appreciate it.  I didn't include our paid off house, vehicles or pensions in the above.  I'm going to sell a car in the spring, which will easily push us over the edge.  Zillow says the house is down 100K from the top (929K), which is fine by me.  If I hang on another 20 months and DH another 4.5 years, our pensions will be an extra 4K/month starting at age 65.  I'm trying to prep myself now for the shift to a drawdown mindset and it's...weird.

WesternAugust

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Re: Race from $1M to $2M
« Reply #2388 on: December 12, 2023, 12:43:39 AM »
07/23/21 Cash & Investments: $1,010,510
09/02/21 Cash & Investments: $1,056,104
11/03/21 Cash & Investments: $1,097,920
01/03/22 Cash & Investments: $1,130,791
09/25/22 Cash & Investments: $970,496
11/04/22 Cash & Investments. $1,002,769
02/01/23 Cash & Investments: $1,109,044
04/20/23 Cash & Investments: $1,139,393
06/02/23 Cash & Investments: $1,175,438
06/14/23 Cash & Investments: $1,200,739
07/28/23 Cash & Investments: $1,253,933
11/15/23 Cash & Investments: $1,260,711
12/11/23 Cash & Investments: $1,301,887

Finally crossed the 1.3M mark. Been just under the past few months.

TempusFugit

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Re: Race from $1M to $2M
« Reply #2389 on: December 12, 2023, 02:34:40 PM »
                 LNW    /  TNW
EOY 2018 -  877K  / 1.02M
EOY 2019 - 1.12M / 1.275M
EOY 2020 - 1.33M / 1.5M
EQ1 2021 - 1.39M / 1.59M
EQ2 2021 - 1.50M / 1.70M
EQ3 2021 - 1.53M / 1.73M
EOY 2021 - 1.65M / 1.85M
EQ1 2022 - 1.58M / 1.79M   
EQ2 2022 - 1.42M / 1.68M
EQ3 2022 - 1.37M / 1.63M
EOY 2022 - 1.46M / 1.72M
EQ1 2023 - 1.55M / 1.81M
EQ2 2023 - 1.64M / 1.91M
EQ3 2023 - 1.61M / 1.88M
Dec 2023 --- see below


OK jumping in ahead of schedule to report breaking news.

My TNW as of this morning is (drum roll)  $2,000,196     

   \_O_/   score


I'm glad the market went up a little more today so that I have at least a couple of days in this rarefied air!   It's like sneaking into first class! 

Almost exactly 6 years for me to get the second million.   TNW = $1M Feb 2018 (LNW $1M sixteen months later).   Let's see how long it takes to get that LNW up this time.  It would be nice to get it within a year but I'm not particularly optimistic about that. 

I'm guessing a couple more of us have crossed the line in December since I know several were within striking distance ( @weebs    @Freedomin5 ) .  I was stuck at 1.99x for the past couple of weeks myself. 

Anyway life goal unlocked, I guess.   Maybe I'll go hang out with the staff behind the $2M- $4M clubhouse and see what those folks are up to.  Hopefully security won't run me off.
« Last Edit: December 12, 2023, 02:48:37 PM by TempusFugit »

Freedomin5

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Re: Race from $1M to $2M
« Reply #2390 on: December 12, 2023, 02:43:53 PM »
Woohoo! Congratulations @TempusFugit !

2M will be a December stretch for us. We will more likely hit that goal in January or February. But who knows? Maybe there’ll be a huge December rally that will push us over the finish line.

Arbitrage

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Re: Race from $1M to $2M
« Reply #2391 on: December 12, 2023, 05:19:10 PM »
Congrats @TempusFugit!  I've been waffling on graduating myself, despite briefly ticking over the $2M limit in LNW this summer.  Back over it now again, and briefly checked out the next "race" thread.  It looks like once you're in that thread, you're just all understood to be rich, and nobody posts their progress tables anymore.  You just get to talk about rich person problems and triumphs.  Looking forward to it.

TempusFugit

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Re: Race from $1M to $2M
« Reply #2392 on: December 12, 2023, 07:15:25 PM »
Congrats @TempusFugit!  I've been waffling on graduating myself, despite briefly ticking over the $2M limit in LNW this summer.  Back over it now again, and briefly checked out the next "race" thread.  It looks like once you're in that thread, you're just all understood to be rich, and nobody posts their progress tables anymore.  You just get to talk about rich person problems and triumphs.  Looking forward to it.

Thanks @Arbitrage.   Hah, yes from what I've seen the next 'race' thread really isn't, and that's probably as it should be.   I look forward to a time when I am not thinking about it so much!  Being so close to some FI goals has my attention on it more than it used to be when those goals were still years away.   


Bateaux

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Re: Race from $1M to $2M
« Reply #2393 on: December 12, 2023, 10:08:30 PM »
Congrats @TempusFugit!  I've been waffling on graduating myself, despite briefly ticking over the $2M limit in LNW this summer.  Back over it now again, and briefly checked out the next "race" thread.  It looks like once you're in that thread, you're just all understood to be rich, and nobody posts their progress tables anymore.  You just get to talk about rich person problems and triumphs.  Looking forward to it.

Thanks @Arbitrage.   Hah, yes from what I've seen the next 'race' thread really isn't, and that's probably as it should be.   I look forward to a time when I am not thinking about it so much!  Being so close to some FI goals has my attention on it more than it used to be when those goals were still years away.

I try to stir the pot up as much as possible in the next thread and issue congratulations and encouragement here. I have plenty of posts in this thread if you look back. I was and still am trying to figure it all out. In my mind I'm still just a country kid working on a farm.
The next thread includes the beyond 4M territory. I see no need for any higher than 4M needing an extra thread. As mentioned, what will be discussed? Mustache principles no longer need to apply.

weebs

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Re: Race from $1M to $2M
« Reply #2394 on: December 13, 2023, 05:51:07 AM »

My TNW as of this morning is (drum roll)  $2,000,196     

   \_O_/   score


Woo-hoo!  Congrats on the milestone.  ASCII score FTW.

Quote from: Arbitrage
I've been waffling on graduating myself, despite briefly ticking over the $2M limit in LNW this summer.  Back over it now again, and briefly checked out the next "race" thread.  It looks like once you're in that thread, you're just all understood to be rich, and nobody posts their progress tables anymore.  You just get to talk about rich person problems and triumphs.  Looking forward to it.

Congrats!  I figured you crossed over with authority based on the market performance since your last update.  While setting up text alerts for my Vanguard account this morning, I noticed the current balance bumped LNW just over the $2M mark.  Crazy.  Like @Bateaux, I still see myself as a dusty rural kid who smells like barn.

TempusFugit

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Re: Race from $1M to $2M
« Reply #2395 on: December 13, 2023, 07:54:13 AM »

My TNW as of this morning is (drum roll)  $2,000,196     

   \_O_/   score


Woo-hoo!  Congrats on the milestone.  ASCII score FTW.

Quote from: Arbitrage
I've been waffling on graduating myself, despite briefly ticking over the $2M limit in LNW this summer.  Back over it now again, and briefly checked out the next "race" thread.  It looks like once you're in that thread, you're just all understood to be rich, and nobody posts their progress tables anymore.  You just get to talk about rich person problems and triumphs.  Looking forward to it.

Congrats!  I figured you crossed over with authority based on the market performance since your last update.  While setting up text alerts for my Vanguard account this morning, I noticed the current balance bumped LNW just over the $2M mark.  Crazy.  Like @Bateaux, I still see myself as a dusty rural kid who smells like barn.

Congrats to you @weebs on your milestone! 

I have fond memories of the barn smell.

@Bateaux  yes thanks we have appreciated your encouraging posts in our humble thread! 

2Birds1Stone

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Re: Race from $1M to $2M
« Reply #2396 on: December 13, 2023, 07:59:14 AM »
Welcome, @TempusFugit.

I cheated and counted PV of future SS in my NW calculations to hang here ;)

index

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Re: Race from $1M to $2M
« Reply #2397 on: December 13, 2023, 09:20:14 AM »
I'll play.

Turtle

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Re: Race from $1M to $2M
« Reply #2398 on: December 15, 2023, 09:43:10 AM »
Santa Claus rally has been good so far.  New high water mark at midmonth check in.  We'll see if it holds for the end of the year.


Dave1442397

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Re: Race from $1M to $2M
« Reply #2399 on: December 16, 2023, 11:25:20 AM »
Santa Claus rally has been good so far.  New high water mark at midmonth check in.  We'll see if it holds for the end of the year.

Yeah, it sure looks nice on the spreadsheet. Our investments went over a million for the first time.

Investments       Investments + home equity
$1,005,366.47    $1,348,569.24

 

Wow, a phone plan for fifteen bucks!