Race from $1M to $2M

[TempusFugit]

... Our investments went over a million for the first time.
...

That's a nice feeling, isn't it?  Congratulations on the milestone.

[Dicey]

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.  ;-)

Ha! I just peeked in to do a little cheerleading of my own, but I see another SOMM (fake TM) has beat me to it. One of the oddest things about being in the "and Beyond" Club is how little attention I pay to money these days.* Market's down? Santa Rally? Ho-hum.

After years of tracking obsessively, it's a surprising and unexpectedly welcome change. My Inner Bag Lady (IBL) also seems to have hit  FIRE and is off living her best life somewhere else, which is also unexpectedly lovely.

It may also be why that other thread is so quiet.

*Real SOMM conversation this week, as DH was paying $25k in property tax bills:
Dicey: "How much is in XYZ account?"
Mr. Dicey: "About [names a figure in excess of $2M]"
Dicey: "So we're broke, then?"
Mr. Dicey: "Yup"
Dicey: "Okay"

Aren't we a fun couple of SOMMs?

I know this sounds braggy, but it's worth noting we were never high wage earners and we live in a HCOLA. This shit works, it really works! I know we'll be seeing a lot of "graduates" soon. All are welcome, though I can't promise that it's an exciting place to hang out. We're all mostly off doing other fun things.

[Dave1442397]

... Our investments went over a million for the first time.
...

That's a nice feeling, isn't it?  Congratulations on the milestone.

It sure is, and thanks!

[rebel_quietude]

It's good to see folks progressing here. Congrats all!!

2020         $1,019,917
APR 2021  $1,100, 966
AUG 2021 $1,200,662
JUN 2023 $1,303,602

DEC 2023 $1,405,881

In keeping with my usual method, I'm only updating here once I pass those nice round 100k milestones. As I was doing this month's purchases I realized that I hit $1.4m last Friday. Woot!

Happy holidays, everyone!

[Finwiz]

Thank you @fuzzy math , appreciate the welcome!

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)
12/15/23 - $1,082,396 (+$345,450)

[Turtle]

Pre-workweek check in has me up by over 100K vs the end of last month, and around 80K from graduating this thread.  New high watermark for me.  Wild growth this quarter!  Waiting until Friday close of market to do the annual update and the update to tracking charts.

[Arbitrage]

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

   \_O_/   score

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

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.

Thanks!  Yeah, I think I've run out of excuses not to graduate after this rally.  As always, it could come crashing down shortly, but I think I'll finally just take the victory.

[weebs]

Thanks!  Yeah, I think I've run out of excuses not to graduate after this rally.  As always, it could come crashing down shortly, but I think I'll finally just take the victory.

Good on ya.  Forward progress and all that...

[Turtle]

Congrats to @TempusFugit and @Arbitrage on being double members of the double comma club!

And Congrats to anyone newly joining this race as well! 

[JupiterGreen]

It's good to see folks progressing here. Congrats all!!

2020         $1,019,917
APR 2021  $1,100, 966
AUG 2021 $1,200,662
JUN 2023 $1,303,602

DEC 2023 $1,405,881

In keeping with my usual method, I'm only updating here once I pass those nice round 100k milestones. As I was doing this month's purchases I realized that I hit $1.4m last Friday. Woot!

Happy holidays, everyone!

We're twinsies! Or close enough, we are at 1.45 investments (1.6-7 ish including home). This rally has been good. I feel like we were hanging at 1.3 for two years so it's great to finally see the numbers change.

Cheers to the progress we've all made in this thread! To the graduates, well done! May we all become stuffy old multi-millionaires.

[JungYo]

This end-of-year rally has been nice! We are now sitting at $1.8m in investments + savings, and over $2m with our home's equity. At 58.5, I'm beginning to see the light.... :)

[OurTown]

April 2021 = $1,004
May 2021 = $1,070
June 2021 = $1,054
July 2021 = $1,070
August 2021 = $1,088
September 2021 = $1,104
October 2021 = $1,083
November 2021 = $1,116
December 2021 = $1,117

January 2022 = $1,140
February 2022 = $1,080
March 2022 = $1,110
April 2022 = $1,125
May 2022 = $1,080
June 2022 = $1,089
July 2022 = $1,045
August 2022 = $1,082
September 2022 = $1,068
October 2022 = $1,021
November 2022 = $1,051
December 2022 = $1,100

January 2023 = $1,089
February 2023 = $1,128
March 2023 = $1,123
April 2023 = $1,138
May 2023 = $1,155
June 2023 = $1,157
July 2023 = $1,182
August 2023 = $1,210
September 2023 = $1,200
October 2023 = $1,179
November 2023 = $1,165
December 2023 = $1,231

January 2024 = $1,293

[mizzourah2006]

End of Year 2022 Liquid Networth.

Jan. 1, 2016: $181.7k
Jan. 1, 2017: $249.5k
Jan. 1, 2018: $377.3k
Jan. 1, 2019: $499.2k
Jan. 1, 2020: $710.5k
Jan. 1, 2021: $1,055.8k
Jan. 1, 2022: $1,312.5k

Jan. 1, 2023: $1,349.9k

~ Jan. 1, 2024: $1,634.4k

[OurTown]

Love the user name.  I was Mizzou class of '91.  (That's 1991, not 1891).

[afuera]

Investments Only

	2015	2016	2017	2018	2019	2020	2021	2022	2023
January	$12,964	$53,694	$117,156	$286,460	$366,568	$554,279	$789,070	$1,023,691	$954,586
February	$14,893	$57,320	$130,755	$284,267	$388,104	$530,928	$829,754	$1,000,887	$947,661
March	$22,065	$71,035	$150,924	$291,192	$415,305	$575,079	$873,947	$1,035,654	$971,612
April	$24,785	$75,120	$161,757	$306,848	$429,917	$529,397	$925,944	$962,250	$990,639
May	$26,931	$87,541	$171,174	$317,739	$416,867	$573,991	$938,401	$935,331	$1,002,016
June	$29,021	$90,964	$191,558	$321,370	$458,412	$607,523	$952,115	$875,560	$1,052,128
July	$31,341	$93,025	$210,018	$339,122	$459,062	$630,288	$962,887	$965,972	$1,106,098
August	$34,251	$95,245	$220,293	$353,410	$466,936	$686,631	$998,422	$912,288	$1,086,297
September	$39,854	$97,814	$231,801	$361,506	$481,531	$669,786	$970,317	$837,917	$1,039,276
October	$42,018	$98,335	$242,954	$336,674	$499,757	$663,596	$1,023,332	$895,518	$1,006,297
November	$45,987	$100,344	$256,324	$356,143	$528,712	$743,883	$1,025,096	$918,718	$1,105,904
December	$49,877	$106,390	$265,731	$332,761	$548,679	$779,415	$1,062,376	$896,791	$1,174,920

The santa rally was good to us :).  It actually brought us within $20K of a networth target I set almost a decade ago. 

Wild.

[WesternAugust]

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
12/28/23 Cash & Investments: $1,367,990

I didn’t know if I would break 1.3m in 2023 so pretty happy with where we ended up.

[mizzourah2006]

Love the user name.  I was Mizzou class of '91.  (That's 1991, not 1891).

Nice! Small world! Hopefully they can get a win against Ohio State tonight!

[rebel_quietude]

We're twinsies! Or close enough, we are at 1.45 investments (1.6-7 ish including home). This rally has been good. I feel like we were hanging at 1.3 for two years so it's great to finally see the numbers change.

Cheers to the progress we've all made in this thread! To the graduates, well done! May we all become stuffy old multi-millionaires.

@JupiterGreen  Glad to have a twin-from-another-mother on here. Race you to the finish! ;)

and @OurTown , you're ruining my mental backstory. Aren't you from from Riverrun, Littlefinger?

[Dogastrophe]

Investments only; Household combined.

	2019 ($)	2020 ($)	2021 ($)	2022 ($)	2023 ($)
January	-	496,255	674,413	898,547	902,687
February	-	472,573	700,728	880,646	903,228
March	-	444,067	732,652	901,213	928,990
April	-	495,051	762,029	848.393	982,455
May	-	524,063	759,955	843,438	990,932
June	-	524,530	796,116	789,251	1,032,315
July	330,406	552,296	826,664	856,647	1,070,543
August	437,870	632,115	866,404	848,320	1,080,553
September	443,081	617,959	827,075	813,668	1,033,191
October	452,295	604,646	873,651	865,508	1,045,192
November	483,711	664,577	898,767	905,357	1,118,401
December	484,963	674,843	925,511	860,954	1,140,987

Overall, happy with our end of year numbers.

[pasadenafr]

Meh. At least Baby Million has been holding up so far!

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
12/31/23    $1,184,285
---

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
08/31/23    $1,082,361
09/30/23    $1,048,207
10/31/23    $1,022,188
11/30/23    $1,121,755
12/31/23    $1,184,285


November has been crazy. It was the most money I ever made/saved in one month ($99.5k!!). Wish I had finished the year at $1.2M lol.

Happy New Year everyone!

[RWD]

10/1/2020 - 0.96m
1/1/2021 - 1.08m
4/1/2021 - 1.17m
7/1/2021 - 1.25m
10/1/2021 - 1.26m
1/1/2022 - 1.34m
4/1/2022 - 1.31m
7/1/2022 - 1.18m
10/1/2022 - 1.13m
1/1/2023 - 1.25m
4/1/2023 - 1.39m
7/1/2023 - 1.48m
10/1/2023 - 1.40m
1/1/2024 - 1.55m

Wow, what an incredible quarter! New net worth high for us, despite our highest spend year ever (by a long shot).

[2Birds1Stone]

01/01/2022 - $1,025,500
02/01/2022 - $1,056,900
03/01/2022 - $1,053,800
04/01/2022 - $1,113,000
05/01/2022 - $1,155,000
06/01/2022 - $1,204,900
07/01/2022 - $1,160,100
08/01/2022 - $1,218,800
09/01/2022 - $1,209,600
10/01/2022 - $1,189,600
11/01/2022 - $1,267,000
12/01/2022 - $1,325,000
01/01/2023 - $1,315,100
02/01/2023 - $1,380,000
03/01/2023 - $1,405,000
04/01/2023 - $1,440,000
05/01/2023 - $1,481,000
06/01/2023 - $1,505,300 - Officially FIRE'd
07/01/2023 - $1,565,500
08/01/2023 - $1,604,500
09/01/2023 - $1,582,200
10/01/2023 - $1,538,400
11/01/2023 - $1,513,300
12/01/2023 - $1,588,700
01/01/2024 - $1,646,500

[Arbitrage]

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
1/1/24:   $2.108M / 2.439M

Already received my congrats after graduating upthread, but a final tally for posterity.  See you all in the 'filthy rich' thread, where nobody bothers with numbers anymore!

[UnleashHell]

Nov-17 - 300k

May-18  - 375k
July -18 - 400k
Dec-18 - 345K - liquid 404

annual net +45k (+15%) liquid  ?

Mar-19 - 415K
Jun-19 nw 444K - liquid -514K
Sep-19 nw 450K liquid 527K
dec-19 nw  490k liquid 575k 

annual net +145k (+42%) liquid  +171k (+42%)

mar-20 nw 374 liquid 455
Jun-20 nw 468 liquid 541
Sep-20 nw 612 liquid 573
Dec-20 nw  737 liquid 679

annual net +247k (+50%) liquid  +104k (+18%)

Mar-21 nw 848 liquid 761
jun-21 nw 943 liquid 821
Sep-21 nw 1,009 liquid 818
Dec-21 nw 1,066 liquid 863

annual net +329k (+45%) liquid  +184k (+27%)

Mar-22 nw 1,058 liquid 817
June-22nw 962  liquid 672
Sep-22 nw 964 liquid 684
Dec-22 nw 970 liquid 671

annual net -96k (-9%) liquid  -192k (-22%)

Jan-23 nw 991 liquid 719
Jun-23 nw 916 liquid 801
Jul-23 nw 957 liquid  834
dec-23 nw 940 liquid 814


thought I'd updated a little more frequently but apparently not. I was sick however. Still bouncing around roughly level. this year I sold a property under the value I had included it for earlier in order to get out from under the ever increasing burden of being a landlord (not great when you are sick) and getting out before further insurance increases etc etc.

taking that into account It was just an OK year. my debt is now the lowest it has ever been and I'm in a good position financially going forward.


especially when this is just my funds - add the other half and combined we are into the next thread up!!

[TempusFugit]

                 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
EOY 2023 - 1.79M / 2.06M

Glad things held up until the official EOY numbers could be booked!

Looks like everyone made solid progress this year.  Let's hope the wheels don't fall off in '24

[TheAnonOne]

Old data:

Spoiler: show

2015 DEC	:	252k	<- Crossed 250k
-	-
2016 JAN	:	260k	(+8k)
2016 FEB	:	281k	(+21k)
2016 MAR	:	285k	(+4k)
2016 APR	:	298k	(+13k)
2016 MAY	:	305k	(+7k)
2016 JUN	:	307k	(+2k)
2016 JUL	:	320k	(+13k)
2016 AUG	:	326k	(+6k)
2016 SEP	:	336k	(+10k)
2016 OCT	:	337k	(+1k)
2016 NOV	:	361k	(+24k)
2016 DEC	:	368k	(+7k)
-	-
2017 JAN	:	382k	(+14k)
2017 FEB	:	403k	(+21k)
2017 MAR	:	416k	(+13k)
2017 APR	:	427k	(+11k)
2017 MAY	:	436k	(+9k)
2017 JUN	:	449k	(+13k)
2017 JUL	:	464k	(+15k)
2017 AUG	:	478k	(+14k)
2017 SEPT	:	494k	(+16k)
2017 OCT	:	510k	(+16k) <- Crossed 500k
2017 NOV	:	523k	(+13k)
2017 DEC	:	534k	(+11k)
-	-
2018 JAN	:	558k	(+24k)
2018 FEB	:	569k	(+11k)
2018 MAR	:	560k	(-9k)
2018 APR	:	574k	(+14k/+5k)
2018 MAY	:	575k	(+1k)
2018 JUNE	:	575k	(+0k)
2018 JULY	:	599k	(+24k)
2018 AUG	:	620k	(+21k)
2018 SEPT	:	625k	(+5k)
2018 OCT	:	597k	(-28k)
2018 NOV	:	606k	(+9k/-19k)
2018 DEC	:	580k	(-26k/-45k)
-	-
2019 JAN	:	628k	(+48k/+3k)
2019 FEB	:	666k	(+38k)
2019 MAR	:	677k	(+11k)
2019 APR	:	706k	(+29k)
2019 MAY	:	670k	(-36k)
2019 JUNE	:	709k	(+39k/+3k)
2019 JULY	:	712k	(+3k)
2019 AUG	:	720k	(+8k)
2019 SEPT	:	725k	(+5k)
2019 OCT	:	753k	(+28k)  <- Crossed 750k
2019 NOV	:	777k	(+24k)
2019 DEC	:	798k	(+21k)
-	-
2020 JAN	:	809k	(+11k)
2020 FEB	:	780k	(-29k)
2020 MAR	:	700k	(-80k/-109k)
2020 APR	:	762k	(+62k/-47k)
2020 MAY	:	818k	(+56k/+8k)
2020 JUNE	:	840k	(+22k)
2020 JULY	:	884k	(+44k)
2020 AUG	:	1.002mm	(+118k)
2020 SEP	:	979k	(-23k/-23k)
2020 OCT	:	971k	(-8k/-31k)
2020 NOV	:	1.058mm	(+87k)
2020 DEC	:	1.100mm	(+42k)
-	-
2021 JAN	:	1.100mm	(+0k)
2021 FEB	:	1.140mm	(+40k)
2021 MAR	:	1.165mm	(+25k)
2021 APR	:	1.202mm	(+37k)
2021 MAY	:	1.209mm	(+7k)
2021 JUNE	:	1.243mm	(+34k)
2021 JULY	:	1.266mm	(+23k)
2021 AUG	:	1.307mm	(+41k)
2021 SEPT	:	1.281mm	(-26k/-26k)[/b]
2021 OCT	:	1.340mm	(+59k)
2021 NOV	:	1.330mm	(-10k/-10k)[/b]
2021 DEC	:	1.374mm	(+44k)

2015 DEC	:	252k
2016 DEC	:	368k
2017 DEC	:	534k
2018 DEC	:	580k
2019 DEC	:	798k
2020 DEC	:	1.100mm	(+302k)
2021 DEC	:	1.374mm	(+274k)
2022 DEC	:	1.318mm	(-56k)
-	-
2023 DEC	:	1.615mm	(+297k)

I've really been in a habit over these last 2-3 years of checking in on threads, replying only occasionally, and updating this thread 1-2x a year at most now.


2023 has easily been my most expensive year, we picked up a Model Y Performance (50k~), got a new AC and Furnace(18k~), we got a Spa(20k~) and a few other hobbies of mine cost another 10-20k. Still, we have a good HHI of 270+k and even though we did somewhat foolishly liquidate some of a taxable account to cover these costs, we've basically refilled it from income already (mostly). Taxes might take a bit of a hit though.

Overall, life is good, breaking 1.6MM in net worth. We're still targeting around 2.5MM for normal/fatish FIRE which is 80k a year + a paid off house. I'm 33, and thinking this should be doable if the market cooperates sometime around when I am 40. That might even be conservative but, life happens. If the market repeats 2023, we could do it in as little as 3 years, which seems insane, and unlikely.

Unrelated to financial health, thanks to the miracle of modern medicine, I have my weight much more under control. Down 50lbs! I need to get back into lifting weights though. Maybe that's a 2024 goal.

Glad to see everyone is still chiming in! Happy new year and have a great 2024!

[TheAnonOne]

10/1/2020 - 0.96m
1/1/2021 - 1.08m
4/1/2021 - 1.17m
7/1/2021 - 1.25m
10/1/2021 - 1.26m
1/1/2022 - 1.34m
4/1/2022 - 1.31m
7/1/2022 - 1.18m
10/1/2022 - 1.13m
1/1/2023 - 1.25m
4/1/2023 - 1.39m
7/1/2023 - 1.48m
10/1/2023 - 1.40m
1/1/2024 - 1.55m

Wow, what an incredible quarter! New net worth high for us, despite our highest spend year ever (by a long shot).

Glad to see you're still running hot!

You'll have to see my update, but I am with you on the BLOWIN CASH action in 2023.

2024 my only resolution is to chill the **** out and get back to saving some serious cash haha.

[RWD]

Unrelated to financial health, thanks to the miracle of modern medicine, I have my weight much more under control. Down 50lbs! I need to get back into lifting weights though. Maybe that's a 2024 goal.

Nice!

10/1/2020 - 0.96m
1/1/2021 - 1.08m
4/1/2021 - 1.17m
7/1/2021 - 1.25m
10/1/2021 - 1.26m
1/1/2022 - 1.34m
4/1/2022 - 1.31m
7/1/2022 - 1.18m
10/1/2022 - 1.13m
1/1/2023 - 1.25m
4/1/2023 - 1.39m
7/1/2023 - 1.48m
10/1/2023 - 1.40m
1/1/2024 - 1.55m

Wow, what an incredible quarter! New net worth high for us, despite our highest spend year ever (by a long shot).

Glad to see you're still running hot!

You'll have to see my update, but I am with you on the BLOWIN CASH action in 2023.

2024 my only resolution is to chill the **** out and get back to saving some serious cash haha.

Thanks, you too! It's incredible to me that we saved virtually $0 this year and yet our net worth went up $300k. Definitely aiming for a chill 2024 as well!

[bananas]

Just did our year-end tally: our net worth increased over $500k, from 1.4M to 1.9M. We contributed $158k over the course of the year and had over $350k in investment returns .

I did not think when we started at $1.39M that we'd end the year so close to 2M!!

Cheers to everyone who is celebrating a fantastic 4th quarter (and year).

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	$1,910,966	—

[fuzzy math]

Some ill timed account shuffling (initiated right before the surge) caused a significant amount of money to not be subjected to massive gains :-/

Investments only

	2018	2019	2020	2021	2022	2023	2024
January	-	$226,942	$401,746	$603,129	$905,792	$860,957	$1,139,972
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	-

[BiggerFishToFI]

Big quarter for us. Closed on selling our house for asking price and moved towns, we are now renters with ZERO debt. Have a big cash cushion for a large downpayment on a new place, but will likely rent for at least a year unless a great opportunity pops up. 2nd kiddo is on the way, due soon. Expenses in 2024 are going to be sky-high with one kid in daycare and a daytime nanny.

Happy New Year everyone!

Month   Invested   Networth   
04/30/17   $67,858   $125,786   <---- Discovered MMM / LBYM
09/30/17   $100,416   $168,105   <---- 100k Invested
01/31/19   $251,061   $311,711   <---- 250k Invested
06/30/20   $501,158   $573,100   <---- 500k Invested
10/31/21   $1,000,117   $1,191,167   <---- 1M Invested
11/30/21   $992,058   $1,164,338   
12/31/21   $1,080,047   $1,267,082   
03/31/22   $1,079,907   $1,261,231   
06/30/22   $951,010   $1,133,332   
09/30/22   $932,215   $1,116,375   
12/31/22   $1,037,594   $1,264,764   
03/31/23   $1,169,701   $1,363,914   
06/30/23   $1,259,219   $1,465,265   
09/30/23   $1,253,710   $1,439,186   
12/31/23   $1,422,250   $1,741,093   

[Finwiz]

Not a bad way to finish off the year (despite only saving 189k instead of our 208k goal). Aiming for $1.5 by 12/31/2024!

Happy new year all!

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)
12/15/23 - $1,082,396 (+$345,450)
12/31/23 - $1,102,511 (+$365,566)

[MayDay]

After complaining a month or so ago that we have been bouncing around 1.6-1.7 for forever, we had a nice end of year jump to 1.9!

Now I'm actually excited that we will break 2 in early 2024 (maybe). I am celebrating by quitting my job tomorrow! (These 2 things are actually unrelated).

[Ladychips]

12/17 - $473,407     $697,411
12/18 - $480,550     $732,108
12/19 - $669,819     $943,739
12/20 - $868,659     $1,159,159
12/21 - $1,097,677  $1,494,954
12/22 - $889,747     $1,473,525

12/23 - $1,082,881  $1,630,610

Still not back at the high mark, but doing ok. 

[Dicey]

After complaining a month or so ago that we have been bouncing around 1.6-1.7 for forever, we had a nice end of year jump to 1.9!

Now I'm actually excited that we will break 2 in early 2024 (maybe). I am celebrating by quitting my job tomorrow! (These 2 things are actually unrelated).

That's quite a MayDay signal! Congratulations!

[dandarc]

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
Jan 01 2024 - 1.259M    1.221M

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

Almost a 200K year despite my best efforts - such is the power of Mr. Market. If the trend continues we might finally have a new high-water mark.

[Jack0Life]

DEC 31st 2023.
Wife got a job with an investment bank so I had to consolidate a few accounts.
Looking back, when we got a huge chunk of money back from a loan, we should have dump it all in Index funds but I'm too conversative. Decided to go for the guarantee >5% instead.
We are winding down. We could FIRE now but wife wants to put in another 5 yrs and hit $2 millions. She's trying to FAT FIRE I suppose.

Rental       300,000- Paid off. Zillow has this house at $345k
Primary     246,827- Valued this house at $550k(Zillow $565k). Will sell for more.
                              $550k- minus selling fee and balance owed.
Assets        60,000- 3 paid off cars. Some gold in here.
HSA           48,565
IRA-roth     134,856
IRA            93,630   
Inx funds    166,392   
401k          29,055
Wife 401k   51998   
Wife HSA    9,000   
Wifes IRA    114,807
Cash          33,349-
Etrade        26090-
Vanguard-   326,924- We got a big chunk back from our loan this year and I decided to be conversative and put most of these in CDs because of the >5%. For now all CDs and VMFXX earning >5.2%

$1,641,864 - Net Worth.
$1,395,037 - Without primary home.
$1,001,192- INVESTED. We just cross this milestone this month dec 2023.

[AFrugalGuy]

(Calculations include primary residence, current value of defined benefit pension plan, emergency fund and liquid retirement investments.)

November 30, 2023: $1,265,857.28
December 31, 2023: $1,375,143.79 (+$177,313.28 or 14% from December 31, 2022)

Increase is largely driven by an increase in pension valuation, aggressive payoff of our mortgage, and a buoyant market.

[Imustacheyouaquestion]

Month	2023	2024	2025
January	-	$1,075,000	-
February	-	-	-
March	-	-	-	-
April	-	-	-
May	-	-	-
June	-	-	-
July	-	-	-
August	-	-	-
September	$1,000,003	-	-
October	$990,000	-	-
November	$975,000	-	-
December	$1,034,700	-	-

[turketron]

		2015	2016	2017	2018	2019	2020	2021	2022	2023
Jan			141,251.00	$193,414.19	$283,829.36	$359,505.30	$546,089.75	$762,355.51	$1,008,596.87	$896,405.70	$1,174,870.51
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

Pretty solid start to the year!

[Turtle]

Final data from 2023 - Month amounts are end of month.

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	$1,927,629

It's tempting to throw in the emergency fund and house updates fund, but it wouldn't *quite* get me over the line.

[Freedomin5]

After complaining a month or so ago that we have been bouncing around 1.6-1.7 for forever, we had a nice end of year jump to 1.9!

Now I'm actually excited that we will break 2 in early 2024 (maybe). I am celebrating by quitting my job tomorrow! (These 2 things are actually unrelated).

Congratulations!

[SEAK]

Stellar ending to 2023. 2024 investment contributions should be just over $100k plus another year of service into my state government pension. Turning 50YO in March will have some financial benefits as I'm now eligible for the 457b and ROTH catchup contribution limits. Everyone have a happy and healthy 2024!

LNW
2019- $1.08M
2020- $1.35M
2021- $1.68M
2022- $1.46M
end 2023- $1.83M (not including 31 years into two pensions currently valued at $65k/yr starting at age 59.5)

[pasadenafr]

Stellar ending to 2023. 2024 investment contributions should be just over $100k plus another year of service into my state government pension. Turning 50YO in March will have some financial benefits as I'm now eligible for the 457b and ROTH catchup contribution limits. Everyone have a happy and healthy 2024!

LNW
2019- $1.08M
2020- $1.35M
2021- $1.68M
2022- $1.46M
end 2023- $1.83M (not including 31 years into two pensions currently valued at $65k/yr starting at age 59.5)

I'm joining the old people club this year too. I just sent $8,000 to my (backdoor) Roth this morning. Those $1,000 of catchup contributions are my very first "senior benefit" lol.

[Turtle]

Stellar ending to 2023. 2024 investment contributions should be just over $100k plus another year of service into my state government pension. Turning 50YO in March will have some financial benefits as I'm now eligible for the 457b and ROTH catchup contribution limits. Everyone have a happy and healthy 2024!

LNW
2019- $1.08M
2020- $1.35M
2021- $1.68M
2022- $1.46M
end 2023- $1.83M (not including 31 years into two pensions currently valued at $65k/yr starting at age 59.5)

I'm joining the old people club this year too. I just sent $8,000 to my (backdoor) Roth this morning. Those $1,000 of catchup contributions are my very first "senior benefit" lol.

Gotta love the ability to squirrel away extra money.  The extra saving option should be available to you as of right now, even if you don't hit that round number birthday until later in the year.

[jsap819]

First post in this thread since we just crossed the $1 million mark last week in investible assets/cash. Took 8 years of very aggressive saving to get here. We are now in barebones FI territory and have also downshifted to part time (Coast FI). Plan is to max 401k and Roth while still working and whatever is left after expenses to taxable account. At least I feel secure that compounding will be doing most of the heavy lifting from this point on. Not sure if we will ever get to $2 million as we would RE and in Fat FIRE territory by then. But, you never know!

Wanted to update since it's been a little over 2 years since I posted this and some changes to our life situation. My wife was forced back into full time work by her employer at the end of 2021 and even though I've switched to part-time, my income has stayed the same as if I was full time. Because of this, our income is at its highest the past few years and we've also invested more outside of our retirement accounts. Even though 2022 wasn't good to our net worth, we've managed to stay afloat.


                  LNW                     TNW
Dec 2021: $1.1m                   $1.65m
Dec 2022: $1.0m                   $1.56m
Jun 2023:  $1.25m                 $1.83m

Our expenses the past few years have also been higher than normal. We've had to replace old appliances and put in a new ductless AC/heat pump to replace our old HVAC. I said back in 2021 that we probably won't get past $2 million since we may RE before we reach it, but based on our current trajectory and our willing to put up with work in the intermediate term (3-5 years), we will probably end up going past that number. Good problem to have, I suppose.

                     LNW                    TNW
Dec 2023:    $1.4m                  1.95m

Hoping 2024 let's us crack $2 mil in TNW and won't be as spendy as well with our expenses. We spent nearly $60k in lumpy expenses in 2023. Goal for 2024 is to start upping our cash reserves from 3 months to 2 years. We reached FI in 2023 and since we can pull the trigger any time now, we'd like to have a huge cash cushion for emergencies in case SHTF and we are no longer working.

[drumstache]

DATE      INVESTMENTS + EF
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 2023      $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 
Jan 2024      $1,110,511  ($1,320,511 TNW)

[leighb]

NW minus Primary
2014: 512K   
2015: 467K   
2016: 514K   
2017: 632K   
2018: 697K 
2019: 915K   
2020: 1052K   
2021: 1.33M
2022: 1.47M
2023: 1.59M

Goals for 2024: Sell two more rentals. I really need to redistribute/invest funds. I have too much just sitting in money market/bank accounts. I'm thinking about buying some land. But until I have the time to enjoy it, I will probably wait.

[Freedomin5]

We are at 1.95 TNW. Soooooo.......close.......

[wkumtrider]

Hit the $2M TNW mark at the beginning of Jan when I checked.  Hard to believe.