Race from $1M to $2M

[TempusFugit]

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

Congrats @wkumtrider !   

[alcon835]

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

That's fantastic!! Congratulations!!!! What an amazing achievement!!!!

[ToughMother]

End of Q4 2023 update, a little late

date         NW        Investments
4/3/14     $430k         $225k
9/19/14    $500k         $275k
11/6/14    $550k         $300K
5/9/15     $600k         $341k
4/13/16    $650k         $375k
9/7/16     $700k         $410k
5/6/17     $750k         $674k (*I think I lost history on one of our accounts prior to this)
9/9/17     $800k         $717k
11/22/17   Assets hit $1M
12/15/17   $850k         $770K
3/10/18    $900k         $770k (refinanced house, put $ in and moved from 30 to 15 yrs)
6/16/18    $950k         $818k
12/26/18   $900k         $750k
1/10/19    $950k         $803k
2/19/19    $1M !!!       $856k
6/12/19    $1.05M        $900k
10/9/19    $1.08M        $895k (downpayment on house and market misery)
12/31/19   $1.16M        $974k
2/12/20    $1.19M        $1M !!! 
 bad, scary, viral things happened, house stuff, then back at it 
8/13/21    $1.46M        $1.27M
12/31/21   $1.54M        $1.34M (refinanced house)
12/29/22   $1.48M        $1.26M (big house repairs and construction happening; invested ~$95K this year not including pension contributions)
3/31/23    $1.50M        $1.33M (big house repairs/construction)
6/30/23    $1.53M        $1.40M (just finished house work)
9/30/23    $1.53M        $1.39M
12/31/23   $1.68M        $1.52M

[Must_ache]

NW minus primary
2015 498
2016 521
2017 657
2018 643
2019 847
2020 1,073
2021 1,298
2022 1,151
2023 1,494
1/19/2024 1,508

$1.5M was my retirement goal a few years ago and just passed it for the first time today.
I am quitting my job in two months.  I'm still open to remote part-time work, but am ready for more freedom.
Additional $309K home equity. Mortgage balance is $47K @ 2.625% with 4 years remaining.  I turned 52 in September.

[rebel_quietude]

1/19/2024 1,508

$1.5M was my retirement goal a few years ago and just passed it for the first time today.
I am quitting my job in two months.  I'm still open to remote part-time work, but am ready for more freedom.
Additional $309K home equity. Mortgage balance is $47K @ 2.625% with 4 years remaining.  I turned 52 in September.

Congratulations!! Race aside, you have obviously accomplished the important part of mustachianism - taking back your life to allocate your time by your own priorities. Enjoy your transition, and good luck!

[mastrr]

After aiming to become a millionaire since I was a child...
Today is the day...
Single person, mid 30's.  Only made over six figures the past three years.

January 2016 - $123,343
January 2017 - $165,726
January 2018 - $252,009
January 2019 - $284,576
January 2020 - $401,812
January 2021 - $484,691
January 2022 - $653,789
January 2023 - $712,409
January 2024 - $981,133

01/20/2024 - $1,006,225

[TempusFugit]

$1.5M was my retirement goal a few years ago and just passed it for the first time today.
I am quitting my job in two months.  I'm still open to remote part-time work, but am ready for more freedom.
Additional $309K home equity. Mortgage balance is $47K @ 2.625% with 4 years remaining.  I turned 52 in September.

That’s great!  How long ago did you make your retirement plan?  Do you have some plans for how you will spend your time after you’ve retired?   

[rebel_quietude]

After aiming to become a millionaire since I was a child...

01/20/2024 - $1,006,225

Congrats, Mastrr! What are you doing to celebrate?

[mastrr]

After aiming to become a millionaire since I was a child...

01/20/2024 - $1,006,225

Congrats, Mastrr! What are you doing to celebrate?

Thanks! I went out to a nice dinner with my SO.  However, no one IRL (including my SO) knows about this accomplishment ha. 

[TempusFugit]

After aiming to become a millionaire since I was a child...
Today is the day...
Single person, mid 30's.  Only made over six figures the past three years.

January 2016 - $123,343
January 2017 - $165,726
January 2018 - $252,009
January 2019 - $284,576
January 2020 - $401,812
January 2021 - $484,691
January 2022 - $653,789
January 2023 - $712,409
January 2024 - $981,133

01/20/2024 - $1,006,225

Welcome to the thread, @mastrr !  Hitting this financial milestone when still in your 30s is a big deal. 

[mastrr]

After aiming to become a millionaire since I was a child...
Today is the day...
Single person, mid 30's.  Only made over six figures the past three years.

January 2016 - $123,343
January 2017 - $165,726
January 2018 - $252,009
January 2019 - $284,576
January 2020 - $401,812
January 2021 - $484,691
January 2022 - $653,789
January 2023 - $712,409
January 2024 - $981,133

01/20/2024 - $1,006,225

Welcome to the thread, @mastrr !  Hitting this financial milestone when still in your 30s is a big deal.

Thank you, happy to be here!

[MoneyTree]

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 did not expect to be posting again so soon!

January 2024 - passed $1.9M

[Turtle]

After aiming to become a millionaire since I was a child...

01/20/2024 - $1,006,225

Congrats, Mastrr! What are you doing to celebrate?

Thanks! I went out to a nice dinner with my SO.  However, no one IRL (including my SO) knows about this accomplishment ha.

Congratulations!  One of the best ways to stay in 7 figures is not to live like or let on that you're in 7 figures. 

[ptobest]

I'll join this. I never had any intention to try to hit $2M, but we'll see where the stock market takes me.


Date       NW
01/25/15 - $32,000
01/25/16 - $93,000
01/25/17 - $175,000
01/25/18 - $293,000
01/25/19 - $353,000
01/25/20 - $508,000
01/25/21 - $911,000
01/25/22 - $1,029,000
01/25/23 - $1,069,000
01/25/24 - $1,430,000


Interesting to see the numbers laid out by year. I am very lucky to have a high paying tech job and also be comfortable living on less than $40K a year. I'm a safe margin beyond my FIRE number at this point, and planning to finally take the plunge and quit my day job in April.

[moof]

Hit $1M in investments end of 2019, currently sitting at $1.62M, quite the run as of late.  House equity is in the ~370k ballpark, but that is not part of my portfolio for my FI sake.  If I include the current checking account balance I can claim to be a multimillionaire with a straight face.  I'm targeting $2M invested to FIRE, so something around 2 years remaining, which is about 5 years too long.

I had a lot more energy to work through optimal withdrawal strategies a few years ago, currently I get exhausted looking at ACA plans, subsidy phase outs, and SEPP calculations.  As my date approaches I'll have to dust that off and set things in motion.  I am feeling an excess of 401k vs taxable that will make lumpy expenses and keeping out of high tax brackets hard, a good set of problems to have.

Wanted to check in with my past self.  A lot has happened in the last 2 years.  20% market drop, recovery and slight exceeding of the old high.  I rage quit a job just a few months after the old post (thank goodness for FU money!), took 14 months off thinking that was it, got another job part-time about 7 months ago that I am not so sure about but I really want us to be fully FI so my wife can be retired too (OMY...).  Stache is up to $1.84M, house equity is around $450k if you believe Zillow.  With an overall NW of $2.3M I could probably graduate to the next thread, but I don't view the house equity as something I will monetize.  I have been squarely in the DPOYM camp, but with only 7 years of left and only ~$140k I am having second thoughts.  Various calculators show very little difference in outcomes and it would be a monkey off my back to have it paid off.  First world problems and all.

Planning out withdrawals and the shackles of SEPP withdrawals is still causing some moderate angst.  I got where we are through slow-burn mostly pre-tax 401k savings in years prior to finding MMM, so we only about ~20% in brokerage and Roth principle that are easily accessible. SEPP for 15 years and dealing with inflation over that period is potentially problematic.  It likely means doing SEPP on ~75% of the IRA balances, then adding additional layers of smaller SEPP's every handful of years or so to adjust for inflation, or just paying the penalty on the extra amount.  More restrictive than I would like.  After doing a deeper dive on effective ACA subsidy phase-out slope digging that marginal taxes are a near wash on any further pre-tax savings (22% federal today vs. 12% federal + 8.5% ACA "not a tax"), and I don't expect taxes can stay this low for much longer nudging me to take the 1.5% extra tax hit.

I'm really hoping the 400% FPL cliff doesn't come back, or keeping under it for ACA subsidies will add a whole other layer of hassles to dodge.  Becoming an ex-pat is looking ever more desirable if just to simplify the healthcare headaches in the USA.

Basically I look back and wish my past self had done more post-tax savings.  I would have less of a stache, but more flexibility in how I used it.  Again, first world problems.

[fuzzy math]

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	$1,201,046
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	-

[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
February 2024 = $1,305

[afuera]

Investments Only (as of 1/31/24)

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
January	$12,964	$53,694	$117,156	$286,460	$366,568	$554,279	$789,070	$1,023,691	$954,586	$1,202,797
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	-

[Dogastrophe]

Investments only; Household combined.

	2019 ($)	2020 ($)	2021 ($)	2022 ($)	2023 ($)	2024 ($)
January	-	496,255	674,413	898,547	902,687	1,180,214
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	-

[Finwiz]

Meh, looking forward to next month where we find out raises/bonus... til then just chugging along.

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)
03/31/23 - $842,402 (+$105,457)
07/15/23 - $957,667 (+$220,721)
10/16/23 - $988,762 (+$251,816)
11/07/23 - $1,005,005 (+$268,059)
12/31/23 - $1,102,511 (+$365,566)

01/31/24 - $1,117,437 (+$14,925)

[pasadenafr]

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.

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
01/31/24    $1,196,456


Total contributions this month: $27.6k.

Sooo close to $1.2M 🫣

[Turtle]

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	2024
January	-	$1,682,771	$1,932,150
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	-

Contributions this month were almost 5K, so the investments were mostly flat compared with the end of 2023

[oldmannickels]

Broke $500k this month, so joining this thread. Hoping to hit $1M by 2020.

11/30/2017 - $660k
11/30/2018 - $802k
10/30/2019 - $968k

6/30/2020 $1,050

Actually made it in by December, but I think I'm here to stay now. Includes $522 in retirement +HSA, $239 in taxable, $165 in rental R/E and $124 in home equity. I track at the real estate values at cost.

edit: do anyone think about investing differently after they get close to $1M or FI? Do people up their risk or de-risk their portfolios?
[/quote]

OK so it was about 3.5 years from 1-2 million. It went by really fast.  Have $1.1M in retirement +HSA, $570k in taxable +cash, $130k in rental equity and $240k in primary home equity.

I barely made any changes financially. Sold one rental and have just been plowing everything into index funds.

[caracarn]

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
January	$-	$292,190	$304,411	$437,806	$581,831	$615,789	$767,806	$941,921	$1,151,437	$1,113,597	$1,308,364	-
February	$-	$332,002	$331,197	$162,424	$585,663	$662,207	$735,649	$961,753	$1,139,532	$1,106,684	-	-
March	$-	$332,209	$331,749	$481,340	$583,773	$683,014	$683,851	$992,700	$1,192,207	$1,111,276	-	-
April	$-	$336,743	$260,548	$483,994	$582,862	$719,849	$734,510	$1,031,674	$1,118,869	$1,151,995	-	-
May	$256,131	$338,884	$373,153	$483,982	$585,929	$701,938	$760,661	$1,040,313	$1,168,159	$1,151,995	-	-
June	$258,642	$321,529	$377,807	$490,951	$590,577	$731,170	$777,705	$1,059,685	$1,052,751	$1,193,527	-	-
July	$276,381	$320,767	$414,764	$503,706	$601,024	$721,753	$819,352	$1,080,029	$1,118,581	$1,213,501	-	-
August	$296,700	$313,896	$405,676	$513,111	$606,442	$686,503	$860,605	$1,140,206	$1,081,266	$1,205,134	-	-
September	$290,244	$301,079	$422,204	$525,158	$610,690	$698,968	$868,597	$1,106,086	$1,015,876	$1,179,956	-	-
October	$274,986	$308,291	$413,967	$533,760	$585,817	$577,615	$868,808	$1,182,536	$1,065,912	$1,165,476	-	-
November	$282,762	$308,558	$419,572	$549,074	$595,773	$620,036	$910,235	$1,155,707	$1,110,997	$1,245,955	-	-
December	$292,942	$312,281	$431,458	$557,941	$575,877	$760,501	$940,128	$1,195,334	$1,077,252	$1,298,169	-	-

Pretty happy with the growth.   Fire target is $1.2M with just investments, but since this is actual NW, I need $1.5M to be able to pay off the mortgage and still have that left so a bit more to go.   But my time target is 2029 at this point due to medical coverage for kids, so feeling goo about getting there.  I guess that puts me as "coasting to FIRE" as the phase I'm in?  Our stretch targeted goal if $48K a year (20% over the $40K we think our actual expenses will be) and nice to see it appears I've crossed over the point of where I make that in 12 months more months than not, so it bodes well.

[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)
January 31, 2024: $1,438,100.90

[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	$1,202,663.79
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

Chugging along!

[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
02/01/2024 - $1,646,600

Whelp.......$100 just doesn't buy what it used to ;)

[rebel_quietude]

Mildly off-topic, but . . . does anyone else have big freakouts on changes to these numbers?

I'm looking at purchasing a primary residence. (Bad timing, but life happens). Intellectually, I know I'd have to put in about 14% of NW to bring the mortgage down to something reasonable, and that I should be able to refinance in a year or three. Not too bad, right?

Emotionally, the thought of taking money out of my taxable brokerage is absolutely stupefying.

I'm all twisted up. I pride myself on rationality with money, only to react so emotionally on the other side! It really highlights how much self-identity I've embroiled on this financial independence journey.

This is why I can't have nice things...

[JGS1980]

Mildly off-topic, but . . . does anyone else have big freakouts on changes to these numbers?

I'm looking at purchasing a primary residence. (Bad timing, but life happens). Intellectually, I know I'd have to put in about 14% of NW to bring the mortgage down to something reasonable, and that I should be able to refinance in a year or three. Not too bad, right?

Emotionally, the thought of taking money out of my taxable brokerage is absolutely stupefying.

I'm all twisted up. I pride myself on rationality with money, only to react so emotionally on the other side! It really highlights how much self-identity I've embroiled on this financial independence journey.

This is why I can't have nice things...

I remember when I bought my house well over a decade ago. I had been in my first real professional job only for one year. My wife was pregnant with #2 and we were renting a 2 bedroom/1 bath for over 5 years. We had over a quarter million dollars in student loan debt. Our down payment was probably 100% of our available cash, and our NW was wayyyyy negative.

It turned out all right. When it's time to buy, you will do so. With the stuff you learn here on this site, you'll be ahead of 99% of the pack.

Good luck.

JGS

[2Birds1Stone]

No, but I would suggest a separate thread and letting this one stay on topic ;)

[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
Feb 03 2024 - 1.269M    1.229M

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

About 10K up for February (8K 'stache). Another month another incremental gain. Made a commitment to wife to fully fund her tIRA for 2024 at minimum - just 8 more months until we'll have fully unwound some 0% balance transfers I did in 2020 to buy discount index funds so cash flow should be very much adequate to add that and probably more later this year.

[WesternAugust]

Just crossed the 1.4M mark for the first time.

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
02/02/24 Cash & Investments: $1,400,428

[Imustacheyouaquestion]

Month	2023	2024	2025
January	-	$1,075,000	-
February	-	$1,090,000	-
March	-	-	-	-
April	-	-	-
May	-	-	-
June	-	-	-
July	-	-	-
August	-	-	-
September	$1,000,003	-	-
October	$990,000	-	-
November	$975,000	-	-
December	$1,034,700	-	-

[bigote2032]

1/31/2023   1.09
2/28/2023   1.46
3/31/2023   1.49
4/30/2023   1.52
5/31/2023   1.54
6/30/2023   1.62
7/31/2023   1.68
8/31/2023   1.65
9/30/2023   1.60
10/31/2023   1.55
11/30/2023   1.69
12/31/2023   1.77
1/31/2024   1.78 (+11,188)

Almost flat, not bad, let's have a big Feb!!

[Turtle]

Mildly off-topic, but . . . does anyone else have big freakouts on changes to these numbers?

I'm looking at purchasing a primary residence. (Bad timing, but life happens). Intellectually, I know I'd have to put in about 14% of NW to bring the mortgage down to something reasonable, and that I should be able to refinance in a year or three. Not too bad, right?

Emotionally, the thought of taking money out of my taxable brokerage is absolutely stupefying.

I'm all twisted up. I pride myself on rationality with money, only to react so emotionally on the other side! It really highlights how much self-identity I've embroiled on this financial independence journey.

This is why I can't have nice things...

If it makes you feel better, perhaps after your purchase you can start tracking (Investments) Liquid Net Worth / Total Net Worth including home value on your stats so that your subconscious registers that you had some value shift from one to the other.

[PassMMM]

New year, due for an update. Bonus from work hit which was a nice jump in the numbers. Hit $1M Liquid for the first time, which was very cool to see! Pace will be slowing down considerably as a took a significant pay cut for a more lifestyle/family-friendly job, but hey, that was kind of the whole point!

Jan 16:   -35k
Jan 17:   30k
Jan 18:   125k
Jan 19:   245k
Jan 20:   367k
Dec 20:   489k
Apr 21:   605k - large bonus + home appreciation of nearly 100k in under a year.
Oct 21:   745k
Nov 21:   778
Dec 21:   811
Jan 22:    824
Feb 22:   890 (EOY Bonus)
Mar 22:   941 (house appreciation boom)
Apr 22:    970
Aug 22:   1,011
Oct 22:    991
Nov 22:   1,026
Dec 22:   1,031
Jan 23:   1,024
May 23:  1,131 (TNW - includes EOY bonus paid in early '23); 745 (LNW)
Jul  23:   1,235 (TNW); 833 (LNW)
Aug 23:   1,228 ; 828
Sep 23:   1,228 ; 828
Oct 23:   1,221 ; 820
Nov 23:   1,282 ; 862
Dec 23:   1,350 ; 940
Jan 23:    1,409 ; 1,018

[Jack0Life]

DEC 31 2023.

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.

FEB 4 2023.
We bought a long range AWD Model Y this past month. I can honestly say I will never go back to a gas car. I'll end up trading in my CRV for another Tesla.


Rental       300,000- Paid off. Zillow has this house at $345k
Primary     248,103- Valued this house at $550k(Zillow $565k). Will sell for more.
                              $550k- minus selling fee and balance owed.
Assets        85,000- Bought a Tesla Model Y this month.
HSA           49,930
IRA-roth     140,052
IRA            97,229
Inx funds    172,967   
401k          30,208
Wife 401k   57,886 
Wife HSA    11,030
Wifes IRA    119,222
Cash          34,222
Etrade        25,882
Pension       30,120- I added this. Cash value of small pension I have.
Vanguard-   306,639- Most are all CDs and MM all over 5% interests.

$1,708,271 - Net Worth.
$1,460,168 - Without primary home.
$1,010,276- INVESTED. This intrigue me as we just cross this in Dec and in Jan, I took out $25k to buy the Tesla and yet, my invested is still $9K more than Dec.

[drumstache]

...Snip
12/31/21      $993,847 - reached $1M on 11/03 and then, well... yeah.

*Me too.  $993,182.   Gone before it came time document it.

[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   *Discovered MMM
Aug 2018      $491,708   
Jul 2019      $617,447   
Jul 2020      $727,000   
Jul 2021      $935,000   
Jul 2022      $877,000   
Jan 2023      $930,091
Jul 2023      $971,263   
Oct 2023      $992,000   
Nov 2023      $1,032,057
Dec 2023      $1,078,425 
Jan 2024      $1,110,511  ($1,320,511 TNW)
Feb 2024      $1,137,614  ($1,347,614 TNW)

[pasadenafr]

...Snip
12/31/21      $993,847 - reached $1M on 11/03 and then, well... yeah.

*Me too.  $993,182.   Gone before it came time document it.

I SO documented mine, didn't care it wasn't the end of the month.

Are you saying 2021, or this year? Mine went below and above a few times between 11/21 and 1/22, and then it was gone for good until May 2023. Now it's hopefully here to stay? Although still not "safe" from a 20% drop just yet.

It's funny, I've started counting in terms of "how much the market needs to drop to get me back under $1M" lol. A new take on "what's my number" !

[Jack0Life]

Broke $500k this month, so joining this thread. Hoping to hit $1M by 2020.

11/30/2017 - $660k
11/30/2018 - $802k
10/30/2019 - $968k

6/30/2020 $1,050

Actually made it in by December, but I think I'm here to stay now. Includes $522 in retirement +HSA, $239 in taxable, $165 in rental R/E and $124 in home equity. I track at the real estate values at cost.

edit: do anyone think about investing differently after they get close to $1M or FI? Do people up their risk or de-risk their portfolios?

OK so it was about 3.5 years from 1-2 million. It went by really fast.  Have $1.1M in retirement +HSA, $570k in taxable +cash, $130k in rental equity and $240k in primary home equity.

I barely made any changes financially. Sold one rental and have just been plowing everything into index funds.

Very very nice.
My wife went back to work "cause she wants us to hit $2 millions" before we retire.
She's thinking 5 yrs but I told her we'll hit $2 way before that.
Seeing how you went from $1 to $2 in 3.5 yrs, we should get there in 3 yrs. I told her to only plan for 3 yrs. We just pass $1.7.

[drumstache]

I SO documented mine, didn't care it wasn't the end of the month.

Are you saying 2021, or this year? Mine went below and above a few times between 11/21 and 1/22, and then it was gone for good until May 2023. Now it's hopefully here to stay? Although still not "safe" from a 20% drop just yet.

It's funny, I've started counting in terms of "how much the market needs to drop to get me back under $1M" lol. A new take on "what's my number" !

Yes, hit it December 2021.   Went back and looked, I did make a note in the spreadsheet, December 13th to document.

Mine went below and above a few times as well.  Then... Didnt hit it again until June 2023.  Just gotta stay the course, and stick to the plan!!

[Freedomin5]

Just updated our net worth. We are at 1,999k. It’s so painful waiting for that last 1k! 😂

I may just wait until next month after payday, when we will solidly be over 2M, to check again.

[moof]

Did a fresh roll-up this morning, sitting at $1.912M liquid.  Arguably $450k of house equity, and not counting $74k of 529 college savings for the kiddo.  Hopefully I will change threads shortly.

[Turtle]

I've got an emergency fund/house repairs account which I don't include in my race tracking since I don't consider it a long term investment.

However, if I do include it, I've technically edged myself out of this race.  Still hanging in here though, because I want to be consistent about what's being tracked.

[Freedomin5]

Just updated our net worth. We are at 1,999k. It’s so painful waiting for that last 1k! 😂

I may just wait until next month after payday, when we will solidly be over 2M, to check again.

We did it!

Took us 7 years to get to the first M, and slightly over 4 years to get to the second M. It will probably take us a lot longer to get to the third M, because we’ve hit our number and will probably FIRE soon. Oh happy day!

[pasadenafr]

Just updated our net worth. We are at 1,999k. It’s so painful waiting for that last 1k! 😂

I may just wait until next month after payday, when we will solidly be over 2M, to check again.

We did it!

Took us 7 years to get to the first M, and slightly over 4 years to get to the second M. It will probably take us a lot longer to get to the third M, because we’ve hit our number and will probably FIRE soon. Oh happy day!

Congrats @Freedomin5!

[ToughMother]

That's awesome, @Freedomin5 !!!

[fmzip]

Happy Valentine's day! Finally hit the $2M.

Really can't believe it. :) Planning to FIRE in about 2-4 years, really nice to feel very secure at this point in our lives 58/60

$663,280   12/31/2014
$741,364   12/31/2015
$764,693   12/31/2016
$989,247   12/31/2017
$968,191   12/31/2018
$1,166,831 12/31/2019
$1,395,029 12/31/2020
$1,659,169 12/31/2021
$1,513,836 12/31/2022
$1,955,236 12/31/2023
$2,001,336 2/14/2023

[Freedomin5]

Congratulations @fmzip !