Author Topic: Race from 10 to 100k!!  (Read 376894 times)

Trifele

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Re: Race from 10 to 100k!!
« Reply #1450 on: November 10, 2017, 03:25:12 AM »
Hello Everybody,

I'm new to the Forum but i will start my journey to FI here

Nov\2017     65000€


Next Milestone 100000€ in 12\2019

Welcome Repman!  You'll find lots of support among the folks here. 

katthjul

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Re: Race from 10 to 100k!!
« Reply #1451 on: November 15, 2017, 12:26:32 PM »
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
Okt 2017: €60,679

Forgot to post last month's result. Feels strange that it took 8 months for 40k to 50k, but only 2 months for 50k to 60k.

Slow&Steady

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Re: Race from 10 to 100k!!
« Reply #1452 on: November 16, 2017, 02:37:19 PM »

                    401K          IRA          Total
Dec 2013:   $43,660     $0           $43,660
Dec 2014:   $52,943     $0           $52,943
Dec 2015:   $55,622     $0           $55,622
Dec 2016:   $68,870     $700       $69,570
 Feb 2017:   $74,784      $700       $75,484
   4/11/17:   $76,834     $1002      $77,836
 Apr 2017:   $78,946      $1026     $79,972
  5/24/17:    $80,007     $1040      $81,047
  6/05/17:    $82,048     $1057      $83,105
  7/21/17:    $84,508     $1075      $85,583
  8/02/17:    $85,737     $1075      $86,812
  9/01/17:    $86,830     $1079      $87,909
10/02/17:    $89,275     $1100      $90,375
11/03/17:    $91,994     $1124      $93,118

I had a goal of $90k in the 401k by the end of the year, 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. 

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 do true NW but 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.

              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
Feb-17      $74,784       $700       $75,484       $200,000       $135,000       $281,000       $129,484
Apr-17      $78,946       $1,026       $79,972       $200,000       $135,000       $281,000       $133,972
May-17      $80,007       $1,040       $81,047       $240,000       $135,000       $281,000       $175,047
Jun-17      $82,048       $1,057       $83,105       $240,000       $135,000       $306,000       $152,105
Jul-17      $84,508       $1,075       $85,583       $240,000       $135,000       $306,000       $154,583
Aug-17      $85,737       $1,075       $86,812       $240,000       $135,000       $306,000       $155,812
Sep-17      $86,830       $1,079       $87,909       $240,000       $135,000       $319,000       $143,909
Oct-17      $89,275       $1,100       $90,375       $240,000       $135,000       $319,000       $146,375
Nov-17      $91,994       $1,124       $93,118       $240,000       $135,000       $317,000       $151,118

ETA: Those all looked like the would line up awesome when I put them in, somebody might have to show me how to paste a table in here.

JLee

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Re: Race from 10 to 100k!!
« Reply #1453 on: November 16, 2017, 06:02:35 PM »

                    401K          IRA          Total
Dec 2013:   $43,660     $0           $43,660
Dec 2014:   $52,943     $0           $52,943
Dec 2015:   $55,622     $0           $55,622
Dec 2016:   $68,870     $700       $69,570
 Feb 2017:   $74,784      $700       $75,484
   4/11/17:   $76,834     $1002      $77,836
 Apr 2017:   $78,946      $1026     $79,972
  5/24/17:    $80,007     $1040      $81,047
  6/05/17:    $82,048     $1057      $83,105
  7/21/17:    $84,508     $1075      $85,583
  8/02/17:    $85,737     $1075      $86,812
  9/01/17:    $86,830     $1079      $87,909
10/02/17:    $89,275     $1100      $90,375
11/03/17:    $91,994     $1124      $93,118

I had a goal of $90k in the 401k by the end of the year, 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. 

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 do true NW but 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.

              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
Feb-17      $74,784       $700       $75,484       $200,000       $135,000       $281,000       $129,484
Apr-17      $78,946       $1,026       $79,972       $200,000       $135,000       $281,000       $133,972
May-17      $80,007       $1,040       $81,047       $240,000       $135,000       $281,000       $175,047
Jun-17      $82,048       $1,057       $83,105       $240,000       $135,000       $306,000       $152,105
Jul-17      $84,508       $1,075       $85,583       $240,000       $135,000       $306,000       $154,583
Aug-17      $85,737       $1,075       $86,812       $240,000       $135,000       $306,000       $155,812
Sep-17      $86,830       $1,079       $87,909       $240,000       $135,000       $319,000       $143,909
Oct-17      $89,275       $1,100       $90,375       $240,000       $135,000       $319,000       $146,375
Nov-17      $91,994       $1,124       $93,118       $240,000       $135,000       $317,000       $151,118

ETA: Those all looked like the would line up awesome when I put them in, somebody might have to show me how to paste a table in here.

I use the [ code ] tags:

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
Feb-17 $74,784 $700 $75,484 $200,000 $135,000 $281,000 $129,484
Apr-17 $78,946 $1,026 $79,972 $200,000 $135,000 $281,000 $133,972
May-17 $80,007 $1,040 $81,047 $240,000 $135,000 $281,000 $175,047
Jun-17 $82,048 $1,057 $83,105 $240,000 $135,000 $306,000 $152,105
Jul-17 $84,508 $1,075 $85,583 $240,000 $135,000 $306,000 $154,583
Aug-17 $85,737 $1,075 $86,812 $240,000 $135,000 $306,000 $155,812
Sep-17 $86,830 $1,079 $87,909 $240,000 $135,000 $319,000 $143,909
Oct-17 $89,275 $1,100 $90,375 $240,000 $135,000 $319,000 $146,375
Nov-17 $91,994 $1,124 $93,118 $240,000 $135,000 $317,000 $151,118

With proper tab usage, it works great.
« Last Edit: November 16, 2017, 06:05:35 PM by JLee »

NevermindScrooge

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Re: Race from 10 to 100k!!
« Reply #1454 on: November 17, 2017, 08:21:36 AM »
Hi Everyone!

I just passed the 10k mark and I could use some motivation to keep going :)

About me: I'm 33 years old, have a stable but stressful job and discovered MMM this summer. By now I have reduced spending and increased savings, which was quite exciting. Now that I'm set up for the long wait, I'm looking around blinking in the bright mustachian light "...and now?". I'm not very patient ^^

No kids, no pets, and we're renting but we are looking to buy a house in the next year. So next year I will leave you guys for the x to 10K race I guess! Below my numbers, savings and investments only:

July 2017:            € 7.208 <--- Discovered MMM (and many other great bloggers!)
August 2017:        € 8.918
September 2017:  € 9.480
October 2017:     € 10.225
November 2017:  € 10.906/ $ 12.855

[edit: forgot to mention the currency and added conversion to dollars]
« Last Edit: November 18, 2017, 01:58:19 PM by NevermindScrooge »

MEJG

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Re: Race from 10 to 100k!!
« Reply #1455 on: November 21, 2017, 10:15:57 AM »
unexpected windfall and an unexpected inheritance:

1/31/17: -14,738  (-1,790)
2/29/17: -8,482  (+6,256)
3/31/17: -3,510 (+4,972)
4/30/17: 7,386 (+10,896)
5/31/17: 12,338.55 (+4,953)
6/30/17: 16,864 (+4,526)
7/31/17: 28,092.96 (+11229.14)
8/31/17: 11927.63 (-16,102.33)
9/30/17: 10,855.00 (-1072.63)
10/31/17:  115,192.30 (+104,337.30)
11/30/17:
12/31/17:
2017 calculated YOY: +128,140.53 on 10/31/2017

paulkots

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Re: Race from 10 to 100k!!
« Reply #1456 on: November 26, 2017, 10:21:59 AM »
Joining so I can track myself. Amount will jump around because of quarterly tax prepayments.

11/26/17: $47,707.48

Hirondelle

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Re: Race from 10 to 100k!!
« Reply #1457 on: November 27, 2017, 12:57:27 PM »
Oct 2017 EUR 13400,-
Nov 2017 EUR 13900,- (+500)

Trifele

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Re: Race from 10 to 100k!!
« Reply #1458 on: November 28, 2017, 03:13:46 AM »
unexpected windfall and an unexpected inheritance:

1/31/17: -14,738  (-1,790)
2/29/17: -8,482  (+6,256)
3/31/17: -3,510 (+4,972)
4/30/17: 7,386 (+10,896)
5/31/17: 12,338.55 (+4,953)
6/30/17: 16,864 (+4,526)
7/31/17: 28,092.96 (+11229.14)
8/31/17: 11927.63 (-16,102.33)
9/30/17: 10,855.00 (-1072.63)
10/31/17:  115,192.30 (+104,337.30)
11/30/17:
12/31/17:
2017 calculated YOY: +128,140.53 on 10/31/2017

Wow, MEJG, congratulations on the huge leap forward!  Though it sounds like you had a death in your family, and I am sorry for your loss.  I've not gotten one, but these posthumous gifts from loved ones are huge.  They can push us forward years on the FIRE pathway, giving us the gift of time and peace of mind.       

MEJG

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Re: Race from 10 to 100k!!
« Reply #1459 on: November 28, 2017, 08:45:20 AM »

Wow, MEJG, congratulations on the huge leap forward!  Though it sounds like you had a death in your family, and I am sorry for your loss.  I've not gotten one, but these posthumous gifts from loved ones are huge.  They can push us forward years on the FIRE pathway, giving us the gift of time and peace of mind.     

Thanks!
One death, and one very generous “pre-inheritance” structured in such a way as to wipe out all but $16,000 of my student loans.  It effectively frees up 800/month. And puts us squarely into the stache builing rather than debt paying territory.
It’s pretty amazing to look at the numbers! But also doesn’t change much day to day.  Five years ago my student loans being gone was so insurmountable and in creating a plan and following it now the steady climb was made inevitable (barring disaster of course). We’re deeply greatful for the gifts! It’s interesting how perspective has changed along this road.

Looking forward to MORE tax advantaged investments than debt repayment in 2019!

LittleWanderer

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Re: Race from 10 to 100k!!
« Reply #1460 on: November 29, 2017, 09:21:55 AM »
Hi everyone!  I'm so excited to be able to post in this thread after graduating from the race to $10k.  That said, I'm settling in here for the long haul because I know reaching $100k is going to take me a looonngggg time.  So I'll get a pot of coffee going and make myself at home.  Right now I'm still building up my emergency fund, while putting 10% into my 401k.  Hoping to have the e-fund done by the end of 2018, then start saving for a house while bumping up the 401k too.   I have a paid off car not included in my net worth (2012 Honda Civic that I hope to drive f-o-r-e-v-e-r), student loans are gone (paid in full in late 2016), and zero debt.  I'm 34 and feeling very behind at this adult thing, but I'm doing my best to catch up now. 

November 2017 - $10,267
« Last Edit: November 29, 2017, 09:25:16 AM by MSquared »

dreadmoose

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Re: Race from 10 to 100k!!
« Reply #1461 on: November 29, 2017, 12:44:10 PM »
Hi everyone!  I'm so excited to be able to post in this thread after graduating from the race to $10k.  That said, I'm settling in here for the long haul because I know reaching $100k is going to take me a looonngggg time.  So I'll get a pot of coffee going and make myself at home.  Right now I'm still building up my emergency fund, while putting 10% into my 401k.  Hoping to have the e-fund done by the end of 2018, then start saving for a house while bumping up the 401k too.   I have a paid off car not included in my net worth (2012 Honda Civic that I hope to drive f-o-r-e-v-e-r), student loans are gone (paid in full in late 2016), and zero debt.  I'm 34 and feeling very behind at this adult thing, but I'm doing my best to catch up now. 

November 2017 - $10,267

Welcome! Behind on this forum is still way ahead in real life, congrats!

Trifele

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Re: Race from 10 to 100k!!
« Reply #1462 on: November 29, 2017, 01:23:37 PM »
Hi everyone!  I'm so excited to be able to post in this thread after graduating from the race to $10k.  That said, I'm settling in here for the long haul because I know reaching $100k is going to take me a looonngggg time.  So I'll get a pot of coffee going and make myself at home.  Right now I'm still building up my emergency fund, while putting 10% into my 401k.  Hoping to have the e-fund done by the end of 2018, then start saving for a house while bumping up the 401k too.   I have a paid off car not included in my net worth (2012 Honda Civic that I hope to drive f-o-r-e-v-e-r), student loans are gone (paid in full in late 2016), and zero debt.  I'm 34 and feeling very behind at this adult thing, but I'm doing my best to catch up now. 

November 2017 - $10,267

Hey MSquared
Nice to see you, and welcome aboard!

akzidenz

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Re: Race from 10 to 100k!!
« Reply #1463 on: November 30, 2017, 02:54:15 PM »
My net worth finally crossed $100,000! Here's my progression according to Personal Capital:

January 1$45,372
March 1$65,063+$19,691(company bonus in February)
June 1$78,821+$13,758
August 1$76,010–$2,811(the end of an extremely spendy summer and some investment dips, I think)
October 1$92,860+$16,850(got a 20% raise in September)
December 1$104,856+$11,996

I saved $47,250 in total…so it looks like I might just be able to hit another gauntlet goal to save $50k in 2017.

I'm excited to move on to the next gauntlet thread!
« Last Edit: November 30, 2017, 02:57:02 PM by akzidenz »

twistedfirestarter

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Re: Race from 10 to 100k!!
« Reply #1464 on: November 30, 2017, 07:55:24 PM »
April '17 £1,250
May '17 £2,515
June '17 £3,841
July '17 £6,774 / $8,705
August '17 £8,916 / $11,597 !
September '17 £10,812
October '17 £14,169
November '17 £16,320 / $21,449 !
I've decided to make some changes to my strategy after reading the 4 pot saving method http://the7circles.uk/savings-rate-four-pot-solution/
from 7 Circles (UK centric) which focuses on staggering your investments to fill gaps before you can access personal pension, company pension and state pension.

Now I'm putting much more into my pension and less into my ISA (accessible savings), this is much more tax efficient but also reduces my national insurance and student loan contributions. Salary sacrifice pension up by £1170 but take home pay only reduced by £600 :-)

This means I am now going to report my accessable (ISA) and pension pot (SIPP) here which will provide a boost to my numbers.

ISA £17,576 - $23,650
SIPP £29,162 -$39,242

Total £46,738 - $62,892

Trifele

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Re: Race from 10 to 100k!!
« Reply #1465 on: December 01, 2017, 03:40:29 AM »
My net worth finally crossed $100,000! Here's my progression according to Personal Capital:

January 1$45,372
March 1$65,063+$19,691(company bonus in February)
June 1$78,821+$13,758
August 1$76,010–$2,811(the end of an extremely spendy summer and some investment dips, I think)
October 1$92,860+$16,850(got a 20% raise in September)
December 1$104,856+$11,996

I saved $47,250 in total…so it looks like I might just be able to hit another gauntlet goal to save $50k in 2017.

I'm excited to move on to the next gauntlet thread!

Congrats!!!!  Well done! 

without_a_map

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Re: Race from 10 to 100k!!
« Reply #1466 on: December 01, 2017, 06:34:48 AM »
I'm in! I was waiting for the month end to get my numbers together. I'm in the UK so working towards £100k.

1 Dec 2017 - £16,900

Currently adding approximately £800 per month to the stash, I'm very jealous of everyone that can add thousands each month! My take home salary is quite low (~£20k/year), but I'm living rent free with family at the moment so living expenses are low too, meaning my savings rate is around 50% of my take home pay.

I'm not counting my pension in my networth as it is a superannuation scheme so too complicated to include, plus who knows what the UK retirement age will be for me, currently have to be 68 years old to claim!

No assets to include in that number (no house, car), so just cash/investments in index funds.

Ok I just depressed myself and worked out it will take about 8.5 years to get to 100k at my current rate of saving :(

mustache you a question

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Re: Race from 10 to 100k!!
« Reply #1467 on: December 01, 2017, 06:51:48 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

Interesting month...received an inheritance of a few thousand dollars that was put into savings and then our home value jumped another 5k according to the mortgage company.  Assets of 261,948 and liabilities of 178,163.

A question for all of you, how do you track your home value (if you include it in NW)?  The most accurate way I know how to is just to follow what the value is according to Quiken Loans, it's consistent but might not be the most accurate.  Does anyone have any advice there?

Epor

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Re: Race from 10 to 100k!!
« Reply #1468 on: December 01, 2017, 07:19:06 AM »
Code: [Select]

                Total           Saved           Market G/L
04/01/17 68457.00 1190.50 103.50
05/01/17 70223.00 921.10  844.90
06/01/17 73782.00 2941.60 617.40
07/01/17 76009.00 1559.60 667.40
08/01/17 78615.00 1271.20 1334.80
09/01/17 79916.00 1271.20 29.80
10/01/17 85194.00 3271.20 2006.80
11/01/17 87497.00 1271.20 1031.80
12/01/17 90639.00 1271.20 1870.80


So close...

vertkurt

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Re: Race from 10 to 100k!!
« Reply #1469 on: December 01, 2017, 10:29:18 AM »
10/10/17
Roth VTSMX currently $8995.
TSP $0.
11/1/17
rIRA= $10,095
TSP= $121

12/1
rIRA= 10,300
TSP= 1,483

LittleWanderer

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Re: Race from 10 to 100k!!
« Reply #1470 on: December 01, 2017, 10:34:19 AM »
I'm in! I was waiting for the month end to get my numbers together. I'm in the UK so working towards £100k.

1 Dec 2017 - £16,900

Currently adding approximately £800 per month to the stash, I'm very jealous of everyone that can add thousands each month!

Ok I just depressed myself and worked out it will take about 8.5 years to get to 100k at my current rate of saving :(

Don't feel too badly, I'm in about your same situation!  I can only save about $850/month too right now.  But your life (and my life!) won't be the same in 8.5 years.  I have hopes that we'll both be able to save more in the future!  100k will come sooner than we think. 

anadyne

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Re: Race from 10 to 100k!!
« Reply #1471 on: December 01, 2017, 11:31:46 AM »
I'm also in the lower end of the savings camp here! I'm creeping my savings up now but have had some super big medical bills lately so they've eaten in to the maxing of retirement funds I'd been doing. My goal is to just slowly inch up the % contribution from my paycheck to my 403b again until it hurts. Every % will help!

I'm categorizing my net worth differently than I was before, so I'm going to abandon what I posted before on this thread and now since joining, my numbers look thusly...


Oct 2017   $54,722.60
Nov 2017  $56,146.72 [+1424.12]
Dec 2017  $59,041.97 [+2895.25]

I keep reading that the first $100K is the hardest, the second goes faster. Here's hoping!

ingrownstudentloans

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Re: Race from 10 to 100k!!
« Reply #1472 on: December 01, 2017, 12:19:54 PM »
6/1/2017   $44,119
7/1/2017   $46,553
8/1/2017   $48,477
9/1/2017   $51,618
10/1/2017 $55,740
11/1/2017  $60,079 (will slow down through EOY as 401K is now maxed)
12/1/2017 $62,686.85

LurkerStache

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Re: Race from 10 to 100k!!
« Reply #1473 on: December 01, 2017, 12:25:04 PM »
Sep 2016: 51598.42
Oct 2016: 54210.76
Nov 2016: 57821.07
Dec 2016: 59471.44
Jan 2017: 63,813.13
Feb 2017: 66,722.32
Mar 2017: 70,782.46
Apr 2017: 73,027.41
May 2017: 76,803.28
Jun 2017: 78,061.77
Jul 2017: 81,104.24
Aug 2017: 84,125.91
Sep 2017: 88,561.32
Oct 2017: 92,457.44
Nov 2017: 98,335.44

Looks like I may be able to graduate next month! Fingers crossed!!

vertkurt

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Re: Race from 10 to 100k!!
« Reply #1474 on: December 01, 2017, 01:09:19 PM »

Looks like I may be able to graduate next month! Fingers crossed!!

Yeah i agree, your average save per month is 3,338. I think you made it for new years. Congrats!

dreadmoose

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  • Location: Canada
  • Just starting out..
Re: Race from 10 to 100k!!
« Reply #1475 on: December 01, 2017, 03:50:43 PM »
   Jul 1, 2016      -$19,048.00    
   Aug 1, 2016      -$18,739.00    
   Sep 1, 2016       $9,463.00    
   Oct 1, 2016      -$25,832.00    
   Nov 1, 2016      -$25,621.00    
   Dec 1, 2016      -$25,405.00    
   Jan 1, 2017      -$25,189.00    
   Feb 1, 2017      -$24,977.00    
   Mar 1, 2017      -$21,759.00    
   Apr 1, 2017      -$15,838.00    
   May 1, 2017       $7,477.00    
   Jun 1, 2017       $16,623.25    
   Jul 1, 2017       $27,638.49    
   Aug 1, 2017       $39,025.21    
   Sep 1, 2017       $49,626.13    
   Oct 1, 2017       $59,438.41    
   Nov 1, 2017       $71,949.94    
   Dec 1, 2017       $82,267.23     (+10,317)

A good month for gains, next month I will slide a ton of unpaid overtime into my account after I confirm business taxes so I should graduate on Dec 29 with a decent margin for lost gains.

ardrum

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Re: Race from 10 to 100k!!
« Reply #1476 on: December 01, 2017, 05:25:33 PM »
1/1/17   $31,938
2/1/17   $36,861
3/1/17   $43,690
4/1/17   $46,035
5/1/17   $49,860
6/1/17   $53,551
7/1/17   $59,289
8/1/17   $64,996
9/1/17   $68,439
10/1/17   $73,881
11/1/17   $79,385
12/1/17   $84,711

The theme for this year has been steady progress.  I can only hope to match  the focus and consistency I've managed grinding out this year.  I'm feeling more and more motivation to get to that 6 figures.  Right now I want to see that $90,000 extremely badly!

JuicyCrab

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Re: Race from 10 to 100k!!
« Reply #1477 on: December 01, 2017, 11:49:06 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 Had to liquidate and loan 10k cash to business, bit of a setback but still on target!

katthjul

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Re: Race from 10 to 100k!!
« Reply #1478 on: December 02, 2017, 02:52:43 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
My savings made up most of the increase this month. Found out that the Ireland-based Vanguard ETFs are available on XETRA (German stock exchange) as of last month. Which means I can once again buy my favorite ETF, although on a different stock exchange.

junga

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Re: Race from 10 to 100k!!
« Reply #1479 on: December 02, 2017, 09:25:03 AM »
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

LurkerStache

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Re: Race from 10 to 100k!!
« Reply #1480 on: December 02, 2017, 12:54:20 PM »

Looks like I may be able to graduate next month! Fingers crossed!!

Yeah i agree, your average save per month is 3,338. I think you made it for new years. Congrats!

Thanks! I will be going on a vacation closer to new years. Hopefully it set me back too much.

anadyne

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Re: Race from 10 to 100k!!
« Reply #1481 on: December 03, 2017, 05:39:50 AM »
So many people teetering on the edge, super inspirational!

NevermindScrooge

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Re: Race from 10 to 100k!!
« Reply #1482 on: December 03, 2017, 08:05:19 AM »
I'm in! I was waiting for the month end to get my numbers together. I'm in the UK so working towards £100k.

1 Dec 2017 - £16,900

Currently adding approximately £800 per month to the stash, I'm very jealous of everyone that can add thousands each month!

Ok I just depressed myself and worked out it will take about 8.5 years to get to 100k at my current rate of saving :(

Don't feel too badly, I'm in about your same situation!  I can only save about $850/month too right now.  But your life (and my life!) won't be the same in 8.5 years.  I have hopes that we'll both be able to save more in the future!  100k will come sooner than we think.

I also can save about €850 in a good month, but I have to admit I'm pretty happy with that. Maybe because I'm a newbie :-)
More seriously though, since discovering MMM I have been trying to figure out what a typical Dutch family would save and how much in debt they are, just to get my bearings on where I stand. It's not easy to find the numbers but from what I read and hear from colleagues, we (SO and I) are doing extremely well. So yes, saving like crazy to obtain 100k includes a long wait but we are still So Much Better Off than most people. I truly feel privileged and I'm trying to figure out a way of giving some of my luck back to our community. If any of you has tips or ideas I would love to hear!

For all of the super-savers, but a bit more for the smaller-savers like us: You can do it! :-)

without_a_map

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Re: Race from 10 to 100k!!
« Reply #1483 on: December 04, 2017, 05:42:19 AM »
I'm in! I was waiting for the month end to get my numbers together. I'm in the UK so working towards £100k.

1 Dec 2017 - £16,900

Currently adding approximately £800 per month to the stash, I'm very jealous of everyone that can add thousands each month!

Ok I just depressed myself and worked out it will take about 8.5 years to get to 100k at my current rate of saving :(

Don't feel too badly, I'm in about your same situation!  I can only save about $850/month too right now.  But your life (and my life!) won't be the same in 8.5 years.  I have hopes that we'll both be able to save more in the future!  100k will come sooner than we think.

Thanks! I hope you are right, good luck to you, we'll get there eventually!

without_a_map

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  • Location: UK
Re: Race from 10 to 100k!!
« Reply #1484 on: December 04, 2017, 05:48:53 AM »
I'm in! I was waiting for the month end to get my numbers together. I'm in the UK so working towards £100k.

1 Dec 2017 - £16,900

Currently adding approximately £800 per month to the stash, I'm very jealous of everyone that can add thousands each month!

Ok I just depressed myself and worked out it will take about 8.5 years to get to 100k at my current rate of saving :(

Don't feel too badly, I'm in about your same situation!  I can only save about $850/month too right now.  But your life (and my life!) won't be the same in 8.5 years.  I have hopes that we'll both be able to save more in the future!  100k will come sooner than we think.

I also can save about €850 in a good month, but I have to admit I'm pretty happy with that. Maybe because I'm a newbie :-)
More seriously though, since discovering MMM I have been trying to figure out what a typical Dutch family would save and how much in debt they are, just to get my bearings on where I stand. It's not easy to find the numbers but from what I read and hear from colleagues, we (SO and I) are doing extremely well. So yes, saving like crazy to obtain 100k includes a long wait but we are still So Much Better Off than most people. I truly feel privileged and I'm trying to figure out a way of giving some of my luck back to our community. If any of you has tips or ideas I would love to hear!

For all of the super-savers, but a bit more for the smaller-savers like us: You can do it! :-)

Good point, I know I am doing a lot better than my work colleagues that can barely make it payday to payday! I do feel lucky that I discovered MMM before I started earning big, because it will be easier to just avoid lifestyle inflation than it must be having to cut back if you have already had several years of spending all or most of a big salary.

Slow&Steady

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Re: Race from 10 to 100k!!
« Reply #1485 on: December 04, 2017, 08:58:03 AM »
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
Feb-17 $74,784 $700 $75,484 $200,000 $135,000 $281,000 $129,484
Apr-17 $78,946 $1,026 $79,972 $200,000 $135,000 $281,000 $133,972
May-17 $80,007 $1,040 $81,047 $240,000 $135,000 $281,000 $175,047
Jun-17 $82,048 $1,057 $83,105 $240,000 $135,000 $306,000 $152,105
Jul-17 $84,508 $1,075 $85,583 $240,000 $135,000 $306,000 $154,583
Aug-17 $85,737 $1,075 $86,812 $240,000 $135,000 $306,000 $155,812
Sep-17 $86,830 $1,079 $87,909 $240,000 $135,000 $319,000 $143,909
Oct-17 $89,275 $1,100 $90,375 $240,000 $135,000 $319,000 $146,375
Nov-17 $91,994 $1,124 $93,118 $240,000 $135,000 $317,000 $151,118
Dec-17 $94,085 $1,124 $95,209 $240,000 $135,000 $317,000 $153,209

I had a goal of $90k in the 401k by the end of the year, 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.
« Last Edit: December 04, 2017, 09:09:24 AM by Slow&Steady »

martyconlonontherun

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Re: Race from 10 to 100k!!
« Reply #1486 on: December 04, 2017, 01:00:59 PM »
I'm crashing two threads and this will be my joint account. I like my personal one since it's easier to motivate myself then my wife, but it still nice seeing the change in combined NW/Investments which is what matters.

29dh/29dw
Combined 120k income
Midwest City

09/01/2017: $65k Investments/$59k Net Worth
10/01/2017: $68.3k Investments/$65.6k Net Worth
10/27/2017: $72k Investments/$70.5k Net Worth
Original Goal: graduate this thread by March.
12/4/2017: $76.5k Investments/$81.9k Net Worth

dutty

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  • Age: 24
  • Location: London
Re: Race from 10 to 100k!!
« Reply #1487 on: December 04, 2017, 03:55:50 PM »
Low earnings and high spending (vacation) means I am way off my monthly target. But, it's just another bump along the road maan.

05/17 | £1020
06/17 | £470      (-£550 ~    -50%)
07/17 |  £1,590   (+£1120 ~ +340%)
08/17 |  £2,080   (+£490   ~ +30%)
09/17 |  £7,250   (+£5170 ~ +350%)
10/17 |£12,000   (+£4750 ~ +65%)
11/17 |£12,360 (+£360 ~ +3%)

Jim Fiction

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Re: Race from 10 to 100k!!
« Reply #1488 on: December 04, 2017, 06:29:04 PM »
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

I'm looking forward to following everyone's progress. Good luck to us all!

Missed a month, but my net worth as of Nov 30th is $18,617.

Nederstash

  • Bristles
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  • Posts: 268
Re: Race from 10 to 100k!!
« Reply #1489 on: December 05, 2017, 12:11:56 PM »
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

kaders

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Re: Race from 10 to 100k!!
« Reply #1490 on: December 06, 2017, 08:20:29 AM »
Hi everyone!

I've been reading MMM and the forums for awhile, but have never posted. I've really enjoyed following everyone's progress on this thread and I'd like to join to keep me motivated and track my progress. I'll be tracking invested money, which for right now is in a 403b and Roth.
 
                            403b             Roth             Total
December 2017     21,066.48     44,192.03     62,258.51

arob54600

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  • Location: Saint Louis
Re: Race from 10 to 100k!!
« Reply #1491 on: December 06, 2017, 09:22:52 AM »
Checking in my IRAs for December

November- 41195
December- 42526

It’s a good start.

MoneyMouse

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  • Location: Alberta, Canada
Re: Race from 10 to 100k!!
« Reply #1492 on: December 06, 2017, 04:10:08 PM »
Oh, I can join this!

I've not yet started investing, but I've begun moving things around to start up my RRSP and an investing TFSA. I'll look forward to updating this as I grow my 'stache.

RRSPTFSA
Dec '175,5005,500

Total: $11,000

Trifele

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Re: Race from 10 to 100k!!
« Reply #1493 on: December 07, 2017, 04:31:29 AM »
Welcome Kaders and MoneyMouse!!

andy85

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Re: Race from 10 to 100k!!
« Reply #1494 on: December 07, 2017, 07:06:48 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

kaders

  • 5 O'Clock Shadow
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Re: Race from 10 to 100k!!
« Reply #1495 on: December 07, 2017, 04:03:33 PM »
Welcome Kaders and MoneyMouse!!

Thanks!

littlelykke

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Re: Race from 10 to 100k!!
« Reply #1496 on: December 10, 2017, 03:03:59 AM »
I'm in! I was waiting for the month end to get my numbers together. I'm in the UK so working towards £100k.

1 Dec 2017 - £16,900

Currently adding approximately £800 per month to the stash, I'm very jealous of everyone that can add thousands each month!

Ok I just depressed myself and worked out it will take about 8.5 years to get to 100k at my current rate of saving :(

Don't feel too badly, I'm in about your same situation!  I can only save about $850/month too right now.  But your life (and my life!) won't be the same in 8.5 years.  I have hopes that we'll both be able to save more in the future!  100k will come sooner than we think.

I also can save about €850 in a good month, but I have to admit I'm pretty happy with that. Maybe because I'm a newbie :-)
More seriously though, since discovering MMM I have been trying to figure out what a typical Dutch family would save and how much in debt they are, just to get my bearings on where I stand. It's not easy to find the numbers but from what I read and hear from colleagues, we (SO and I) are doing extremely well. So yes, saving like crazy to obtain 100k includes a long wait but we are still So Much Better Off than most people. I truly feel privileged and I'm trying to figure out a way of giving some of my luck back to our community. If any of you has tips or ideas I would love to hear!

For all of the super-savers, but a bit more for the smaller-savers like us: You can do it! :-)

Another Dutchie here :) We, as well, are certainly not able to save thousands and thousands of euros each month. But we'll do our best and are doing (like you said) extremely well, when compared to the 'average' Dutchie.

On another note. Just found out, that our net worth is 22.000 euros :) Yeay! Time to slowly climb towards that 100,000.
At this rate we'll be there in July 2024.

adamsputnik

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Re: Race from 10 to 100k!!
« Reply #1497 on: December 10, 2017, 03:06:12 PM »
First time poster. Reckon I fit in this thread pretty well.

Savings/investments: $30,442

Cc debt (0% apr) - $3,411
Student loans (7.9% apr) - $8,856

Total - $18,175

Currently looking to build up a 3-6 month emergency fund and then kill the remaining debt.
« Last Edit: December 10, 2017, 05:47:33 PM by adamsputnik »

Trifele

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Re: Race from 10 to 100k!!
« Reply #1498 on: December 10, 2017, 04:40:49 PM »
Welcome aboard AdamSputnik! Way to focus on killing the debt. 

Interesting that this thread (and the "Save to $10k" thread) have a lot of first time posters.  Excellent place to start out.  Building that first $100k is the hardest part.  It's a tough slog for many, but that journey -- however long that may take -- forms the foundation for all that follows.  Self accountability and companionship definitely help!  Onward, friends.  :)

JuicyCrab

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Re: Race from 10 to 100k!!
« Reply #1499 on: December 11, 2017, 05:17:45 AM »
How hard is the first $100k compared to say the first $250k, and then the first $500k, etc?

I'm finding it pretty hard to be honest but hoping it gets easier hitting the bigger numbers with time and compounding...