Author Topic: Race from 10 to 100k!!  (Read 266593 times)

mustache you a question

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Re: Race from 10 to 100k!!
« Reply #1550 on: January 02, 2018, 09:56:39 AM »
01/17 - 9,926
02/17 - 15,869
03/17 - 21,618
04/17 - 22,738
05/17 - 29,255
06/17 - 30,880
07/17 - 40,255
08/17 - 44,722
09/17 - 48,025
10/17 - 62,340
11/17 - 67,770
12/17 - 83,785
01/18 - 87,942

I'll probably graduate from this thread sometime around March or April hopefully.  Good luck to all of you this year!

Epor

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Re: Race from 10 to 100k!!
« Reply #1551 on: January 02, 2018, 10:09:40 AM »

Congrats to the graduates, see you in the next race soon.

Code: [Select]
Jan-2014 $24,525.00
Jan-2015 $32,090.00
Jan-2016 $39,258.00
Jan-2017 $59,072.00 (found MMM   3/17)
----------
                Total      Saved        Market G/L
01/01/18 93684.00   2136.40 908.60

kaders

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Re: Race from 10 to 100k!!
« Reply #1552 on: January 02, 2018, 10:23:29 AM »
Happy New Year everyone! Congrats to those who recently graduated :)

                            403b             Roth             Total
December 2017     21,066.48     44,192.03     65,258.51
January    2018     21,279.96     46,322.92     67,602.61 (+2344.1)

peppermint

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Re: Race from 10 to 100k!!
« Reply #1553 on: January 02, 2018, 01:12:58 PM »
OK. I am in for the second time. Embarrassed I didn't graduate the first time, but it is what it is.

NW 01/2018: $40796.81

dootsiez

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Re: Race from 10 to 100k!!
« Reply #1554 on: January 02, 2018, 04:04:25 PM »
Happy new year everyone. I'm close to 100K, but about to go into training and then self-employment in March-June, so I will have a few negative net worth months ahead of me. My goal is to graduate by the end of the year, depending on how my business goes.

Excited to be doing this and to keep myself on track despite any setbacks.

Cash and non-superannuation investments (Australian):

Jan 2018 - $93,613.31

junga

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Re: Race from 10 to 100k!!
« Reply #1555 on: January 02, 2018, 05:54:20 PM »
My progress since April 2014.

April, 2014               : -$9,000
October, 2014          : $1500
December, 2015       : $20,000
December, 2016       : $48,000
September 1, 2017   : $82,000
October 1, 2017       : $87,996
November 1, 2017    : $90,085
December 1, 2017    : $94,182
January 1, 2018       : $97,318

gutts

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Re: Race from 10 to 100k!!
« Reply #1556 on: January 03, 2018, 01:01:43 AM »
A newbie/wannabe mustachian is reporting in:

January 3 2018 - 16.189$

I started 3 months ago, so no long history yet but I'll check in to this thread every month

Slow&Steady

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Re: Race from 10 to 100k!!
« Reply #1557 on: January 03, 2018, 08:16:34 AM »
I had a goal of $90k in the 401k by the end of 2017, I made it!!  There should be a pretty decent dividends increase in Dec, not sure if I will be able to hit $95k in the 401k alone before the end of the year but it seems pretty likely in the combination of the 401k and IRA I might even hit $95k in the 401k alone before the end of year.  It would be really cool to graduate from this before baby #2 comes in March!

I was reading some of the other "Race from" threads and decided that although I don't count true NW it would be nice to look back and see it so I figured I would add it!  I am staying in this thread because the "Invested Total" is the column that I am tracking.

Looks like the new company started the transfer of our 401K on 12/30 so all that money is currently not playing in the market which is disappointing.  I am tempted to take what is in savings (~$3000) for DH's potential self employment taxes and put it into his IRA as I don't think we should owe anything above what has been paid in for 2017.  This would move us on to the next race, I don't currently count that savings as it has a clearly defined purpose, or I could do the practical thing and wait to make sure we don't have any tax liability 1st.  Waiting is not an area that I excel at.

Code: [Select]
        401K        IRA Invested Total Home Value Rental Value Debt         Total NW
Dec-13 $43,660 $0         $43,660 $120,000 $120,000 $232,000 $51,660
Dec-14 $52,943 $0         $52,943 $125,000 $125,000 $227,000 $75,943
Dec-15 $55,622 $0         $55,622 $130,000 $130,000 $227,000 $88,622
Dec-16 $68,870 $700 $69,570 $200,000 $130,000 $281,000 $118,570
Dec-17 $96,294 $1,167 $97,461 $240,000 $135,000 $317,700 $154,761

dreadmoose

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Re: Race from 10 to 100k!!
« Reply #1558 on: January 03, 2018, 10:40:41 AM »
@Trifele @MSquared

Thank you both, it sure makes me look back at all the money I wasted back in the day... but one foot forward and all that.

I'm incredibly happy I bought in right before my wage doubled, been pretty funny watching my friends / family know I make so much more while cutting out 50% of my frivolous spending at the same time. Savings!!
Just starting on my FIRE journey, hopefully posting here creates accountability and eventually lowers my very anti-mustachian life habits.

carozy

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back to tracking
« Reply #1559 on: January 04, 2018, 02:52:18 PM »
Would like it to start going up again!  I've just enrolled in my company's 401k plan, so that's a start.  Here's my chart from the beginning of tracking:

May 14 - $6,590
Jun 14 - $6,590
Jul 14 - $7,267
Aug 14 - $8,902
Sep 14 - $10,162
Oct 14 - $11,419
Nov 14 - $12,826
Dec 14 - $14,319

Jan 15 - $5,657
Feb 15 - $8,830
Mar 15 - $19.745
Apr 15 - $21,361
May 15 - $22,183
Jun 15 - $23,114
Jul 15 - $23,835
Aug 15 - $24,567
Sep 15 - $17,037
Oct 15 - $19,906.58
Nov 15 - $22,432.54
Dec 15 - $24,483.03

Jan 16 - $25,329.42
Feb 16 - $27,698.48
Mar 16 - $30,131.47
Apr 16 - $32,868.52
May 16 - $36,583.68
Jun 16 - $37,083.17
Jul 16 - $39,049.63
Aug 16 - $38,179.37
Sep 16 - $39,189.08
Oct 16 - $39,353.24
Nov 16 - $39,670.42
Dec 16 - $43,765.79

Jan 17 - $41,627.44
Feb 17 - $42,496.43
Mar 17 - $48,952.17
Apr 17 - $47,878.28
May 17 - $46,875.80
Jun 17 - $48,022.60
Jul 17 - $47,621.47
Aug 17 - $48,267.28
Sep 17 - $49,914.59
Oct 17 - $46,652.10
Nov 17 - $47,303.34
Dec 17 - $47,255.37

Lelyy

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Re: Race from 10 to 100k!!
« Reply #1560 on: January 04, 2018, 08:19:45 PM »
Hey guys! Im new to the forum and like all of you my goal is to reach 100k!
Im looking forward to achieving this with all of you!

December 31, 2017- $25,583

* Im only counting my 457 plan.

Trifele

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Re: Race from 10 to 100k!!
« Reply #1561 on: January 05, 2018, 04:41:14 AM »
Welcome Lelyy!  It's going to be one fine year.

Nederstash

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Re: Race from 10 to 100k!!
« Reply #1562 on: January 06, 2018, 09:33:00 AM »
Aug 15: 5327 (found MMM)
Sep 15: 5775
Oct 15: 6964
Nov 15: 8551
Dec 15: 12085
Jan 16: 12700
Feb 16: 13691
Mar 16: 14818
Apr 16: 16220
May 16: 17510
Jun 16: 21149
Jul 16: 22024
Aug 16: 23325
Sep 16: 24285
Oct 16: 25400
Nov 16: 26932
Dec 16: 31121
Jan 17: 31444
Feb 17: 42849
Mar 17: 43989
Apr 17: 45143
May 17: 46766
Jun 17: 49646
Jul 17: 52567
Aug 17: 54267
Sep 17: 54565
Oct 17: 68832
Nov 17: 70574
Dec 17: 72864
Jan 18: 73227

Slow progress, but prepaying a full year's health insurance will do that...

Serendip

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Re: Race from 10 to 100k!!
« Reply #1563 on: January 06, 2018, 02:05:09 PM »
This will be a slowish race for me but interesting to track :)

DEC /17
$20,624.84


Trifele

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Re: Race from 10 to 100k!!
« Reply #1564 on: January 06, 2018, 04:18:01 PM »
This will be a slowish race for me but interesting to track :)

DEC /17
$20,624.84

Welcome Serendip!  No worries if you end up at a slow pace.  It took me forever and a day to get to $100k; I was way slower than all you youngsters. The important thing is that you are on the path.  You can do it!

JuicyCrab

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Re: Race from 10 to 100k!!
« Reply #1565 on: January 06, 2018, 08:56:19 PM »
Jun-16    $ 2,906
Jul-16    $ 14,768
Aug-16    $ 15,777
Sep-16    $ 20,413
Oct-16    $ 17,007
Nov-16    $ 18,000
Dec-16    $ 21,231
Jan-17    $ 24,364
Feb-17    $ 26,984
Mar-17    $ 39,100
Apr-17    $ 45,000
May-17    $ 51,839
Jun-17    $ 57,905
Jul-17    $ 62,258
Aug-17    $ 72,784
Sep-17    $ 76,429
Oct-17    $ 82,650
Nov-17    $ 79,200
Dec-17    $ 88,200
insert any quote from Alan Watts....

katthjul

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Re: Race from 10 to 100k!!
« Reply #1566 on: January 07, 2018, 03:48:52 AM »
EOY 2014: 0
EOY 2015: 16,728
EOY 2016: 41,467
Jan 2017: 42,037
Feb 2017: 45,956
Mar 2017: 48,399
Apr 2017: 48,580
May 2017: 48,527
Jun 2017: 47,553
Jul 2017:  46,952
Aug 2017: 51,030
Sep 2017: 55,257
Oct 2017: 60,679
Nov 2017: 62,449
Dec 2017: 64,929

Had a really expensive vacation this year, but still ended up with a large increase in net worth.

Serendip

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Re: Race from 10 to 100k!!
« Reply #1567 on: January 07, 2018, 09:27:52 PM »
This will be a slowish race for me but interesting to track :)

DEC /17
$20,624.84

Welcome Serendip!  No worries if you end up at a slow pace.  It took me forever and a day to get to $100k; I was way slower than all you youngsters. The important thing is that you are on the path.  You can do it!

Thanks for the encouragement Trifele! It's true--once we are on the path, it becomes much easier to stay on course :)

beantown

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Re: Race from 10 to 100k!!
« Reply #1568 on: January 09, 2018, 08:44:57 AM »
Have not posted in several months but these were the last few months results:

Dec 2017: $16.4K
Jan 2017: $21.8K
Feb 2017: $28.8K
Mar 2017: $35.1K
Apr 2017: $40.9K
May 2017: $46.9K
June 2017: $51.8K
July 2017: $55.3K
Aug 2017: $75.2K - jump due to 401K matching and gift from parents
Sept 2017: $80.3K
Oct 2017: $83.8K
Nov 2017: $89.7K
Dec 2017: $98.4K - bonus from work came through


Expect to finish this month over $100K but also combining finances so that's going to add a big jump. See you on the next thread!

grantmeaname

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Race from 10 to 100k!!
« Reply #1569 on: January 12, 2018, 12:18:00 PM »
I’m in - I love this thread. We hit $50k last week and hope to double that by year end. Then I guess you will kick me out and I’ll have to go find a bigger sandbox to play in.

Much of it is denominated in GBP so our net worth in USD will depend on whether May or Trump more adeptly shits the bed in 2018. Early money on May but there’s a lot of year left...

FXF

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Re: Race from 10 to 100k!!
« Reply #1570 on: January 12, 2018, 02:35:41 PM »
Im in - I love this thread. We hit $50k last week and hope to double that by year end. Then I guess you will kick me out and Ill have to go find a bigger sandbox to play in.

Much of it is denominated in GBP so our net worth in USD will depend on whether May or Trump more adeptly shits the bed in 2018. Early money on May but theres a lot of year left...

grantmeaname

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Re: Race from 10 to 100k!!
« Reply #1571 on: January 12, 2018, 03:31:59 PM »
I’m sure we will have both. It’s just that the relative volume of shit pushes the exchange rate around. Trump won last year (of course) and the appreciation in the pound meant my UK pension was worth 15% more USD at peak than trough.

ardrum

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Re: Race from 10 to 100k!!
« Reply #1572 on: January 12, 2018, 08:32:22 PM »
Less than $1000 away... This. Is. Unreal.
"Stache" Goals by Year End as Multiples of Annual Living Expenses
2018: 6.27x
2019: 8.57x
2020: 10.98x
2021: 13.52x
2022: 16.18x
2023: 18.98x
2024: 21.92x
2025: 25x

MrUpwardlyMobile

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Re: Race from 10 to 100k!!
« Reply #1573 on: January 13, 2018, 09:15:37 AM »
1/12/18 - $75,103.12

Expect to crush 100k this year as Im hammering away at student loans.

zeli2033

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Re: Race from 10 to 100k!!
« Reply #1574 on: January 13, 2018, 09:23:54 AM »
Love these threads. I'm tracking net worth in the 0-10k thread but I think I'll jump in here and start tracking Savings/Invested assets to 100K. Watching everyone's progress gives me so much motivation!

10/31/17: $7,686
11/30/17: $18,654
12/31/17: $24,407
1/13/18: $28,518

Hoping to make some big changes this year with a positive job transition for DH and maxing contributions to our 401ks and Roth IRAs! Loose projection has us set to hit 100K+ by end of 2019.

ardrum

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Re: Race from 10 to 100k!!
« Reply #1575 on: January 13, 2018, 01:44:55 PM »
Love these threads. I'm tracking net worth in the 0-10k thread but I think I'll jump in here and start tracking Savings/Invested assets to 100K. Watching everyone's progress gives me so much motivation

Love these threads too!  In a world of complainypants people talking about it being impossible to get ahead, I see page after page after page of people ALL doing just that.
"Stache" Goals by Year End as Multiples of Annual Living Expenses
2018: 6.27x
2019: 8.57x
2020: 10.98x
2021: 13.52x
2022: 16.18x
2023: 18.98x
2024: 21.92x
2025: 25x

twistedfirestarter

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Race from 10 to 100k!!
« Reply #1576 on: January 13, 2018, 02:14:39 PM »

£24,041 Apr '17
£26,105 May '17
£28,229 Jun '17
£31,961 Jul '17
£34,902 Aug '17
£37,596 Sep '17
£41,756 Oct '17
£45,885 Nov '17
£49,200 Dec '17

£53,000 Jan '18

Hi All,

So happy with our progress, goal is £100k this time next year
« Last Edit: January 13, 2018, 02:56:31 PM by twistedfirestarter »

Slow&Steady

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Re: Race from 10 to 100k!!
« Reply #1577 on: January 15, 2018, 10:46:50 AM »
I was reading some of the other "Race from" threads and decided that although I don't count true NW it would be nice to look back and see it so I figured I would add it!  I am staying in this thread because the "Invested Total" is the column that I am tracking.

Looks like the new company started the transfer of our 401K on 12/30 so all that money is currently not playing in the market which is disappointing.  I am tempted to take what is in savings (~$3000) for DH's potential self employment taxes and put it into his IRA as I don't think we should owe anything above what has been paid in for 2017.  This would move us on to the next race, I don't currently count that savings as it has a clearly defined purpose, or I could do the practical thing and wait to make sure we don't have any tax liability 1st.  Waiting is not an area that I excel at.

Code: [Select]
        401K        IRA Invested Total Home Value Rental Value Debt         Total NW
Dec-13 $43,660 $0         $43,660 $120,000 $120,000 $232,000 $51,660
Dec-14 $52,943 $0         $52,943 $125,000 $125,000 $227,000 $75,943
Dec-15 $55,622 $0         $55,622 $130,000 $130,000 $227,000 $88,622
Dec-16 $68,870 $700 $69,570 $200,000 $130,000 $281,000 $118,570
Dec-17 $96,294 $1,167 $97,461 $240,000 $135,000 $317,727 $154,724
*Jan-18 $99,676 $1,201 $100,877 $240,000 $135,000 $317,727 $158,150
*Stats for Jan 15th, 2018 (not end of month)

The 401k transfer finalized and the 1st contribution was made so half way through with Jan 2018 and we hit $100k in invested total!!! Other good news I accepted a job offer on Friday that includes a 37% raise and an increase in potential bonus % (although I won't that part until 2019). 

In the not so good news category the expense fees on the new 401k vs the old 401k are not making me happy.  I wonder what my options will be with the new job although I will not be able to contribute until I have been here for 30 days and that will be very close to when I take maternity leave.  It looks like this number will depend almost solely on the market for the next several months.
« Last Edit: January 15, 2018, 10:52:07 AM by Slow&Steady »

andy85

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Re: Race from 10 to 100k!!
« Reply #1578 on: January 16, 2018, 06:57:13 AM »
Jan 16   $39,550
Feb 16   $41,468
Mar 16   $47,974
Apr 16   $51,484
May 16   $52,730
Jun 16   $53,694
Jul 16   $55,669
Aug 16   $56,725
Sep 16   $58,793
Oct 16   $58,748
Nov 16   $60,551
Dec 16   $61,253
Jan 17   $64,001
Feb 17   $66,905
Mar 17   $71,221
Apr 17   $73,018
May 17   $71,772
Jun 17   $69,832
Jul 17   $72,166
Aug 17   $73,360
Sep 17   $76,497
Oct 17   $77,675
Nov 17   $80,642
Dec 17   $82,238


MrUpwardlyMobile

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Re: Race from 10 to 100k!!
« Reply #1579 on: January 16, 2018, 07:40:43 PM »
1/12/18 - $75,103.12
Expect to crush 100k this year as Im hammering away at student loans.
1/12/18 - $75,103.12
1/16/18 - $83,567.53

mustache you a question

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Re: Race from 10 to 100k!!
« Reply #1580 on: January 17, 2018, 07:10:56 AM »
1/12/18 - $75,103.12
Expect to crush 100k this year as Im hammering away at student loans.
1/12/18 - $75,103.12
1/16/18 - $83,567.53

Just curious...how did you jump 8k in 4 days?

MrUpwardlyMobile

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Re: Race from 10 to 100k!!
« Reply #1581 on: January 17, 2018, 06:09:52 PM »
1/12/18 - $75,103.12
Expect to crush 100k this year as Im hammering away at student loans.
1/12/18 - $75,103.12
1/16/18 - $83,567.53

Just curious...how did you jump 8k in 4 days?
student loan payments cleared and my year end bonuses and employer contribution hit my 401k finally.  Sorry, no black magic for huge jumps like that.