Author Topic: Race from 100 to 250k  (Read 918761 times)

Jim Fiction

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Re: Race from 100 to 250k
« Reply #3350 on: December 01, 2020, 08:36:46 AM »

Hi all! Finally joining this thread after spending a few years in the 10K to 100K thread. Here's my history from that thread:

9/29/17 - $11,511
6/30/18 - $36,000
1/31/19 - $53,028
6/30/2019 - $75,757
12/31/2019 - $96,225
1/31/2020 - $96,048
2/29/2020 - $94,556
3/31/2020 - $92,438
4/30/2020 - $101,897

This was previously just my personal net worth, however with the graduation I've decided to move to household net worth, so Mrs. Fiction gets to join the fun too. It makes too much sense at this point, given how intertwined our finances have become.

Background - I'm 35 and my wife is 31. DD is two and we have another on the way this summer. Looking to buy a house around this time next year.

Total joint net worth as of 4/30/2020 is $203,198. We are debt-free outside of whatever is on our credit cards, which always get paid each month.

With some market cooperation, some inspiration and some hard work (and some luck!) We just might be able to graduate this thread by the end of the year.

Looking forward to following along with everyone's progress!

New Joint Tracker

                  Solo NW      Joint NW
4/30/2020 -       101,897        203,198
5/31/2020 -       109,544        218,023
6/30/2020 -       114,288        227,585
7/31/2020 -       117,338        236,196
8/31/2020 -       128,213        251,254
9/30/2020 -       125,543        246,779
10/31/2020 -     130,200        251,727
11/30/2020 -  141,260       266,097   

That's more like it. Probably time to move on.

See ya'll soon in the next thread.

peppermint

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Re: Race from 100 to 250k
« Reply #3351 on: December 01, 2020, 08:38:13 AM »
12/2019 - $107584.51
01/2020 - $110275.32
02/2020 - $112541.25
03/2020 - $111798.73
04/2020 - $104009.25
05/2020 - $110144.85
06/2020 - $117347.04
07/2020 - $127842.20
08/2020 - $130977.05
09/2020 - $137485.43
10/2020 - $138465.64
11/2020 - $140222.66
12/2020 - $150053.85

Sugaree

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Re: Race from 100 to 250k
« Reply #3352 on: December 01, 2020, 08:53:10 AM »
5/1/2015     $4,419.53
5/1/2016     $15,689.46
5/1/2017     $34,125.20
5/1/2018     $51,663.60
5/1/2019     $64,340.45
5/1/2020     $106,341.84

6/1/2020     $113,372.31  (+$7030.47  or +6.61%)
7/1/2020     $120,466.16  (+$7093.85  or +6.26%)
8/3/2020     $127,953.51  (+$7487.46  or +6.22%)
9/1/2020     $135,625.59  (+$7672.08  or +6.00%)
10/1/2020   $137,342.47  (+$1716.88  or +1.27%)
11/2/2020   $136,857.08  (-$1000.24   or  -0.73%)
12/1/2020   $152,706.85  (+$15849.77 or +11.58%)

Huge month.  Some of it had to do with the way that some of the contributions fell last month (contributions from the last paycheck in October didn't hit the accounts until a few days in November after I'd already run October's numbers).  And there was a small bonus ($1200).  I'm most excited about the fact that my retirement accounts, finally crossed the $100k mark and then some. 

jps

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Re: Race from 100 to 250k
« Reply #3353 on: December 01, 2020, 09:29:13 AM »
End of Month Balance
7/2020: $107,142
8/2020: $117,360
9/2020: $116.8K
10/2020: $117.5K
11/2020: $133.8K

 $16K or 13.9% increase since last month. Contributed a normal amount, but the rest was market gain after a couple slow months.

zygote

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Re: Race from 100 to 250k
« Reply #3354 on: December 01, 2020, 09:54:13 AM »
For context: I'm 31 in a HCOL city. I'm married, but these are my own numbers since we keep our finances separate. Includes cash, retirement, and credit cards, which are used for normal expenses and paid off in full every month.

3/18: $48,533.91 (found MMM and started tracking)
3/19: $83,762.93
8/19: $101,572.33 (graduated to this thread)
3/20: $118,287.76 (-6,129.86, -4.93%)
4/20: $109,838.67 (-8,449.09, -7.14%)
5/20: $124,495.18 (+14,656.51, +13.34%)
6/20: $132,228.82 (+7,733.64, +6.21%)
7/20: $136,568.75 (+4,339.93, +3.28%)
8/20: $151,084.80 (+14,516.06, +10.63%)
9/20: $161,536.16 (+10,451.36, +6.92%)
10/20: $151,832.73 (-9.703.43, -6.01%)
11/20: $152,166.82 (+334.09, +0.22%)
12/20: $167,115.60 (+14,948.78, +9.82%)

Much better month, all thanks to the market. Spending and contributions as normal.

sportsportsports

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Re: Race from 100 to 250k
« Reply #3355 on: December 01, 2020, 10:23:59 AM »
01-2020   $82,260.85
02-2020   $83,005.15
03-2020   $83,326.38
04-2020   $95,827.22
05-2020   $104,082.90
06-2020   $108,773.96
07-2020   $118,687.61
08-2020   $126,358.17
09-2020   $123,712.57
10-2020   $122,624.17
11-2020   $135,680.66

Great uptick for me this month, along with the fact that I once again have a job! Downside is that I'm not eligible for my company's 401k until the start of my 7th month at the company...but hopefully I can use that extra cash to quickly max out my roth IRA, then possibly dump some of it into a new investment account, or keep it for a house downpayment, we will see!

DadJokes

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Re: Race from 100 to 250k
« Reply #3356 on: December 01, 2020, 11:28:23 AM »
                       2018                2019                2020                2021               
January     $49,303$60,898$136,893-
February$52,048$71,098$141,411-
March$53,600$77,557$139,993-
April$56,545$81,086$133,696-
May$52,774$81,836$153,560-
June$44,834$79,012$160,156-
July$41,258$88,897$169,495-
August$43,517$94,848$181,122-
September$48,733$110,671$197,984Grad Goal
October$49,642$116,467$196,207
November$52,012$122,664$197,735
December$56,889$130,826$213,491

SquashingDebt

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Re: Race from 100 to 250k
« Reply #3357 on: December 01, 2020, 11:57:07 AM »
Just graduated from this challenge, a month earlier than I expected!  (Thank you market gains!)  Looks like I'm in good company!

I started in June 2019 with $111,550 (up from $95,651 the month prior) and am graduating with $252,566 as of the end of November.

I looked back - it took me 27 months to go from -$82,000 to zero, then 21 months for my first $100,000, and now 18 months for another $150,000.  Pretty cool to see the power of compound interest/gains in action, though $40,000 of the most recent gains are from receiving more shares plus vesting of previous shares in my company's ESOP program.

Psyche

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Re: Race from 100 to 250k
« Reply #3358 on: December 01, 2020, 09:23:02 PM »
Quote
End of each fiscal year (08/31)
2013:    $40,287
2014:    $42,874
2015:    $65,235 
2016:    $77,445
2017:  $121,655   
2018:  $158,647
2019:  $137,632   
2020:  $187,023 (08/31/20)

09/30/20: $181,327
10/31/20: $180,649
11/30/20: $205,086

Well this is just ridiculous... but I'll take it!

https://docs.google.com/spreadsheets/d/1Z8OcegKpbeNJoqSI0nzoBuypFKqDD7BT2SS60oFEeCw/edit#gid=0

aliene

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Re: Race from 100 to 250k
« Reply #3359 on: December 02, 2020, 12:24:37 AM »

August 2020 - 101.700
Sept 2020    - 109.200 (+7,4%)
Oct 2020      - 111.200 (+1,8%)
Nov 2020     - 118.900 (+6,9%)
Dec 2020     - 124.300 (+4,5%)

Master of None

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Re: Race from 100 to 250k
« Reply #3360 on: December 02, 2020, 11:13:26 AM »
4/1/19-$102,995.86
5/1/19- $103,951.81
7/1/19- $110,074.26
8/1/19- $112,049.87
9/4/19- $111,441.64
11/1/19- $119,582.07
12/2/19- $124,511.64
1/2/20- $130,371.79
Buried my head in the sand the last few months, but now I've come out to check on my progress. Glad I ignored everything and just kept investing as planned.
2/3/20- $128482.56
3/1/20- $131004.08
4/1/20- $107340.93
5/1/20- $124514.08
6/1/20- $137013.82
7/1/20- $140654.19
8/3/20- $148634.10
9/1/20- $158343.22
10/1/20- $155,463.51- yuck...just keep swimming!
11/1/20- What the heck...I missed a month!
12/1/20- $175469.04

eav

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Re: Race from 100 to 250k
« Reply #3361 on: December 02, 2020, 02:01:13 PM »
September: $100,788
October: $100,753
November: Forgot to check! ~$103,000
December: $110,900

This feels a bit crazy right now, but I'll take it! Excited to be starting back up on Roth IRA contributions for the new year soon!

cassafrass

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Re: Race from 100 to 250k
« Reply #3362 on: December 02, 2020, 02:51:04 PM »
Had a great month like everyone else thanks to the market. Let's see where December takes us...

Date     
Net Worth     Annual Gain
Dec 2018     $56,494
-
Dec 2019     $86,259
$27,765

Date     
Net Worth     
Monthly Gain
Jan 2020     $93,140
$6,881
Feb 2020     $93,862
$722
Mar 2020     $90,666
($3,196)
Apr 2020     $101,232
$10,566
May 2020     $108,998
$7,766
Jun 2020     $106,480
($2,518)
Jul 2020     $113,794
$7,314
Aug 2020     $123,505
$9,711
Sept 2020     $127,257
$3,752
Oct 2020     $132,660
$5,403
Nov 2020     $143,771
$11,111

Year-to-Date Gain: $50,631
Projected Graduation: Aug 2022

tacticalteam4

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Re: Race from 100 to 250k
« Reply #3363 on: December 02, 2020, 09:32:17 PM »
30m and 33f, married with joint finances. All figures are in retirement accounts and cash. Not reflective of net worth since we have a lot of student loan debt that will hopefully be forgiven under PSLF in the future. Apart from cash, rest is in equities (total market and large cap US mostly, with a small % in individual stocks). Have followed this thread and happy to join in on the fun.


Feb 2020: $73,400
...
Oct 2020: $174,695
Nov 2020 $187,998+13,293
Dec 2020 $204,962+16,974

Staunch Aim

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Re: Race from 100 to 250k
« Reply #3364 on: December 03, 2020, 08:44:33 AM »
Graduation time!  My goal was to hit 250K invested in 2020 and I made it with a month left over.  Lots of help from the markets here, as my savings rate in 2020 was less that I'd forecast needing.  It took 1 year and 10 months to push from 100K to 250K.

I'll be working to hit the 500K mark sometime in 2022.  Hope to see you all in the next thread!


DateInvestedNet
2/1/2019$100,047.32$243,630.87
3/1/2019$105,434.50$270,922.05
4/1/2019$114,967.04$292,914.68
3/1/2020$157,729.02$344,058.04
5/1/2020$169,003.88$361,813.52
6/1/2020$186,949.47$383,276.04
7/1/2020$190,979.72$391,899.41
8/1/2020$204,593.74$400,580.69
12/1/2020$250,111.64$459,725.47

alcon835

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Re: Race from 100 to 250k
« Reply #3365 on: December 03, 2020, 11:03:09 AM »
So many graduates this month!!!! y'all are amazing!

lcmac32

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Re: Race from 100 to 250k
« Reply #3366 on: December 03, 2020, 02:21:33 PM »
Just graduated from this challenge, a month earlier than I expected!  (Thank you market gains!)  Looks like I'm in good company!

I started in June 2019 with $111,550 (up from $95,651 the month prior) and am graduating with $252,566 as of the end of November.

I looked back - it took me 27 months to go from -$82,000 to zero, then 21 months for my first $100,000, and now 18 months for another $150,000.  Pretty cool to see the power of compound interest/gains in action, though $40,000 of the most recent gains are from receiving more shares plus vesting of previous shares in my company's ESOP program.

I love the shorter and shorter amount of time to make milestones.  Well, done!!!

lcmac32

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Re: Race from 100 to 250k
« Reply #3367 on: December 03, 2020, 02:28:26 PM »
Update #6 (tracking 401k only)    It looks like I will stay in the group for 2020.  I am fine with staying around for a bit, but will join the $250-500k group once I am $20-40k above the $250k mark.  No need to flip back and forth when market fluctuations come along.                         
                                 401k
Nov. 12, 2019         $238,035.96
Dec.   3, 2019         $240,880.64
Jan.   1, 2020          $249,417.11
Feb. 11, 2020          $257,961.03
Oct.  13, 2020         $277,374.19
Dec.   3, 2020         $296,200.72

So, I am $46k above the $250k mark, so I will graduate.  I will post a year end balance in this group and then move over to the Race $250-$500k.  Look forward to seeing you all there.  You all inspire me to do more of what got me here: Earn, Save, Budget, Life Hack, etc.  May you all be blessed with continued successes in 2020 and 2021.
« Last Edit: December 04, 2020, 08:31:46 PM by lcmac32 »

Cezil

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Re: Race from 100 to 250k
« Reply #3368 on: December 04, 2020, 06:40:59 AM »
                       2016                2017                2018                2019                2020                2021               
January     -$39,268.86$65,122.37$81,866.77$115,567.59-
February-$40,863.10$67,352.98$87,222.31$111,573.16-
March-$42,371.10$66,410.59$88,865.95$99,504.35-
April-$43,864.83$65,377.11$93,050.94$111,360.82-
May-$44,450.52$68,032.74$91,719.70$118,208.83-
June-$47,031.44$68,405.97$95,665.54$122,592.19-
July-$48,401.46$70,232.18$99,502.49$128,466.93-
August-$49,222.48$72,016.38$98,339.71$137,931.07-
September-$51,435.45$73,657.42$102,459.81$134,150.29-
October-$52,990.22$71,492.09$104,199.94$135,243.05-
November-$55,388.92$75,678.29$109,178.17$150,933.68-
December$32,870.70 $58,271.55$72,493.16$111,642.78--
Annual gain$32,870.70$25,400.85$14,221.61$39,149.62--

lexde

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Re: Race from 100 to 250k
« Reply #3369 on: December 04, 2020, 08:17:08 AM »
07/17/2020: $103,981.86 (+$0.00)
07/31/2020: $106,885.86 (+$2,904.00)
08/17/2020: $111,111.20 (+$4,225.34.00)
08/31/2020: $112,706.75 (+$1,595.55)
09/11/2020: $114,004.80 (+$1,298.05)
09/25/2020: $113,644.95 (-$359.85)
10/09/2020: $114,192.23 (+$547.28)
11/06/2020: $117,270.42 (+$3,078.19)

12/04/2020: $126,995.87 (+$9,725.45)

I didn't update my balance again last paycheck. I'm finally settling into the new place, renter is in place and timely (!!) paying rent (she's awesome), and I don't need any more immediate work on the house, so we can cash flow a bit.

I learned a lesson re: selecting contractors though, and ended up paying for it both in time, money, and energy. Lesson learned, and I can happily move on from it without too much grief.

I'm trying to break down my race into smaller goals.
Q4 2020: $130k
Q1 2021: $145k
Q2 2021: $160k
Q3 2021: $175k
Q4 2021: $200k
Q1 2022: $215k
Q2 2022: $230k
Q3 2022: $250k.

This assumes steady growth rather than increased growth, which is fairly conservative. My NW grew by about 50k this year so it's not absurd to hope for 70k next year.



Projected Graduation date: December 2022

Prior Progress: Race from 10 to 100k!

Lamancha

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Re: Race from 100 to 250k
« Reply #3370 on: December 04, 2020, 07:51:11 PM »
Jan 2020- 130,855
Feb 2020- 141,124
March 2020- 146,604
April 2020- 139,975
May 2020- 130,984
June 2020- 146,634
July 2020- 157,219
Aug 2020- 174,393
Sept 2020- 191,005
Oct 2020- 201,581

Nov 2020- 219,023

Dec 2020- 240,702

CanadianTeacher

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Re: Race from 100 to 250k
« Reply #3371 on: December 05, 2020, 08:08:20 PM »
A good month! I have big $7500 purchase this month though... kind of a treat...

January 2018: $18,944.35
February 2018: $22,047.46
March 2018: $23,463.61
April 2018: $24,224.19
May 2018: $26,173
Jun 2018: $29,519.62

October 2018: $29,676.50
November 2018: $32,923.90
December 2018: $34,394.85
January 2019: $39,825.43
February 2019" $43,508.66
April 2019: $48,394.91
July 2019: $80,041.52
December 2019: $86,963.15

January 2020: $96,301.56
February 2020: $101,272.15.
March 2020: $102,362.65
April 2020: $98,415.77
May 2020:$111,832.84
June 2020: $116,958.23
July 2020: $125,945.15
August 2020: $130,494.78
September 2020: $136,844.71
October 2020: $131,422.24
November 2020: $133,493.15
December 2020: $147,149.14

Huskerfan

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Re: Race from 100 to 250k
« Reply #3372 on: December 05, 2020, 09:02:22 PM »
Im jumping in this thread with a few ideas and thoughts in mind. I dont plan to add house equity or extras like that. Im not even going to add the spouses 401k. Ill be solely tracking
My 401k and my Roth IRA Numbers to go toward the goal of $250k. I may add the savings account numbers later, but most of that pays toward the last of my mortgage and a basement remodel right now.

My stats:

Jul2019 $101953
Aug2019 $106277
Sep2019 $111050
Oct2019 $114791
Nov2019 $120215
Dec2019 $122692
Jan2020 $120521
Feb2020 $123625
Mar2020 $124248
Apr2020 $133240
May2020 $145475
Jun2020 $143581
Jul2020 $151652
Aug2020 $155546
Sep2020 $149687
Oct2020 $161159
Nov2020 $182840

Numbers updated thru the last day of the month.  I already reached my temp check of getting to $150k by the end of 2020.   So Im happy about that.  But the numbers seem to far exceed where I thought Id be.  I suppose that happens with over 35% gains this year.  While I expected to be at $150k by 31Dec, Im currently sitting around $190k  I am about to consider tossing the hat in the safety columns for the remainder of the year, but there really isnt a lot of bad news on the horizon aside from COVID number increases.  With vaccine news, election news and Tesla moving the the S&P, I dont see a true reason to push pause for the rest of the year.

Hopefully the numbers by the end of December are good as well.

ColoAndy

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Re: Race from 100 to 250k
« Reply #3373 on: December 06, 2020, 11:59:01 AM »
January 29, 2020------------$157,404.75
February 3, 2020------------$157,171.27
April 19, 2020----------------$153,349.63
May 11, 2020----------------$157,000.40
June 2, 2020-----------------$164,950.82
July 12, 2020----------------$168.681.81
August 14, 2020-------------$177,109.86
August 28, 2020-------------$182,107.05
September 12, 2020---------$180.475.44
November 11, 2020----------$192,778.07
December 5, 2020-----------$201,446.92

clynn

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Re: Race from 100 to 250k
« Reply #3374 on: December 09, 2020, 08:23:52 AM »
Jumping in!

Nov 2020  $ 204,524.36

An Unassuming Moose

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Re: Race from 100 to 250k
« Reply #3375 on: December 15, 2020, 11:50:09 AM »
Nov 20, 2019 -- $113,800
January 15, 2020 -- $120,900
February 15, 2020 -- $136,916
March 17, 2020 -- $65,556
April 15, 2020 -- $97,329
May 15, 2020 -- $106,497
June 15, 2020 -- $144,753
July 16, 2020 -- $168,424
August 15, 2020 -- $176,358
September 15, 2020 -- $212,832
October 15, 2020 -- $199,625
November 15, 2020 -- $225,026
December 15, 2020 -- $248,842

For most of last week, I was actually out of this race. But the market fell a bit. Oh well. Goals for the new year I guess. At least my net worth is palindromic...

QuillScroll

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Re: Race from 100 to 250k
« Reply #3376 on: December 16, 2020, 07:54:31 AM »
11/29/2019 - 101000
12/23/2019 - 107000
01/16/2020 - 112410
02/14/2020 - 120820
03/13/2020 - 101566
04/20/2020 - 124054
05/18/2020 - 131047
06/30/2020 - 147672
07/27/2020 - 158240
08/18/2020 - 164002
09/16/2020 - 172639
10/19/2020 - 187470
11/16/2020 - 197938

12/15/2020 - 212337

Feivel2000

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Re: Race from 100 to 250k
« Reply #3377 on: December 16, 2020, 08:36:25 AM »
Just crossed the 100k... Happy to start reporting here in January.

lexde

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Re: Race from 100 to 250k
« Reply #3378 on: December 17, 2020, 12:42:17 PM »
07/17/2020: $103,981.86 (+$0.00)
07/31/2020: $106,885.86 (+$2,904.00)
08/17/2020: $111,111.20 (+$4,225.34)
08/31/2020: $112,706.75 (+$1,595.55)
09/11/2020: $114,004.80 (+$1,298.05)
09/25/2020: $113,644.95 (-$359.85)
10/09/2020: $114,192.23 (+$547.28)
11/06/2020: $117,270.42 (+$3,078.19)
12/04/2020: $126,995.87 (+$9,725.45)

12/18/2020: $128,658.77 (+$1,662.90)

I had to get some work done on my car and got 90% of my Christmas shopping done, still came up a bit short. I was counting on a Christmas bonus that my employer pulled out from underneath me to hit the 130K goal for Q4 2020. That's a whole other story, but in keeping perspective, I got very close and am thrilled with my progress this year. That was my last paycheck of the year, and my net worth has grown by $51,867.84 even with the insane expenses involved in buying and rehabbing my first property. I count myself INCREDIBLY lucky this year to remain gainfully employed and look forward to 2021!

Goals Breakdown
Q4 2020: $130k
Q1 2021: $145k
Q2 2021: $160k
Q3 2021: $175k
Q4 2021: $200k
Q1 2022: $215k
Q2 2022: $230k
Q3 2022: $250k.



Projected Graduation date: December 2022

Prior Progress: Race from 10 to 100k!

bloodaxe

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Re: Race from 100 to 250k
« Reply #3379 on: December 20, 2020, 06:11:41 AM »
March 2020: 78,000
April 2020: 91,000
May 2020: 106,000
June 2020: 115,000
July 2020: 125,000
September 2020: 145,000
October 2020: 157,076.76
November 2020: 170,592.07
December 2020: 186,935

Might hit 190k before the end of the year.

life_travel

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Re: Race from 100 to 250k
« Reply #3380 on: December 20, 2020, 10:16:21 PM »
This is my first " race to.." thread , I've been reading MMM since 2014 :)

We have implemented a few things, life happened, good things , bad things. Anyway I am in my mid 40s with a partner, joint accounts and investments.

I am going to be tracking our investments , outside retirement accounts only. Money in retirement accounts can't be accessed for a few years yet, it's growing steadily so I'll just let it be.

Money in outside investments will buy us freedom . It may be a slow race as my full time work got affected by Covid and I haven't worked since April , AND once I go back I really want to be part-time. My partner works full time but is not on a high wage ( around 60K).


Anyway, here we go:

December 21 2020 - $140,390

lexde

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Re: Race from 100 to 250k
« Reply #3381 on: December 30, 2020, 09:35:12 AM »
07/17/2020: $103,981.86 (+$0.00)
07/31/2020: $106,885.86 (+$2,904.00)
08/17/2020: $111,111.20 (+$4,225.34)
08/31/2020: $112,706.75 (+$1,595.55)
09/11/2020: $114,004.80 (+$1,298.05)
09/25/2020: $113,644.95 (-$359.85)
10/09/2020: $114,192.23 (+$547.28)
11/06/2020: $117,270.42 (+$3,078.19)
12/04/2020: $126,995.87 (+$9,725.45)
12/18/2020: $128,658.77 (+$1,662.90)

12/18/2020: $130,003.35 (+$1,344.58)

Bit of an odd situation, work offered to cut a paper check today (12/30) vs. making me wait until 1/4 for a direct deposit to hit. So I took it, of course, and managed to hit my Q4 2020 goal by a hair's breadth! Of course, my 401(k) contribution won't hit until the 4th, so the jump in NW is slightly smaller than usual but will jump up again by the next time I measure. January 2021 will be a 3 paycheck month so I can't wait to get those gains. :-) I need to build my savings back up, so the second paycheck of the month should go almost completely into savings which will be nice.

My renter is great and pays early, and I don't anticipate too much capex over the next few months which should give me plenty of breathing room to grow my net worth a little more quickly than anticipated. In the meantime, I'm trying new recipes and weekend activities to pass the time and enjoy life a little more, too. :-)

Goals Breakdown
Q4 2020: $130k Reached 12/30!
Q1 2021: $145k
Q2 2021: $160k
Q3 2021: $175k
Q4 2021: $200k
Q1 2022: $215k
Q2 2022: $230k
Q3 2022: $250k.



Projected Graduation date: December 2022

Prior Progress: Race from 10 to 100k!

edmundblackadder

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Re: Race from 100 to 250k
« Reply #3382 on: December 30, 2020, 09:07:30 PM »
End of year numbers:

18K cash (15K emergency fund)
142K in investments (20K in my IRA, 110 in my 403b, 10K in taxable, 1K in HSA)

Started the taxable and HSA this year (the HSA also has 2K they won't let me invest). Total net worth is 160K.

2019 is going to be about tracking expenses, I haven't done that very closely in a few years. If I can break 195K net worth by the end of the year, that will make me very happy.

2019 was an unstable year and I'm still recovering in some ways.

16K cash (11K emergency fund, 2K in a CD as the beginning of a CD ladder)
218K in investments (taxable account, tIRA, Roth IRA, rollover IRA, current 403b, HSA)

Total net worth is 234K. I'm pretty thrilled about that, given that I had some major unanticipated expenses and a lot of emotional upheaval this year. 2020 is going to be about continuing to track expenses and stick to my grocery budget. I can break 250K NW easy, and I'd love to get to 300K by the end of the year.

End-of-year for 2020, and my last post in this thread, _holy bananas_.

34.5K cash (checking and emergency fund accounts)
303K investments (CDs, tIRA, Roth IRA, HSAs, 403bs)

Total net worth is 337.5K.

So, uh, that happened. I've been very lucky in this terrible year; the job I got last year has been stable and was a substantial raise; I moved to a slightly-cheaper apartment partway through the year; my previous apartment waived some rent for a few months because of construction issues; I did not travel so that expense was completely gone; I was able to donate to charity and candidates and bail funds and tip generously on takeout and grocery delivery, which I got more than usual to support local businesses. At this point, I basically have a year's expenses in cash, which both feels like overkill and an absolutely necessary luxury in a terrifyingly unstable world. I have been really good about tracking expenses; I overshot my grocery budget consistently, but not by _that_ much, and it was (a) about the same every month and (b) in no small amount to aforementioned generous tipping.

I feel completely unprepared to make predictions about 2021. I very much hope to have travel expenses again; I want to lean into donations and mutual aid as much as possible. I'll see y'all in the next thread.
« Last Edit: December 31, 2020, 11:15:57 AM by edmundblackadder »

zeli2033

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Re: Race from 100 to 250k
« Reply #3383 on: December 31, 2020, 09:27:49 AM »
December Update

6/30/19: $106,071
7/31/19: $112,395
8/31/19: $116,527
9/30/19: $124,973
10/31/19: $135,196
11/30/19: $143,839
12/31/19: $150,705
1/31/20: $163,400
2/28/20: $156,457
3/31/20: $145,287
4/30/20: $163,919
5/31/20: $178,765
6/30/20: $185,289
7/31/20: $201,395
8/31/20: $222,183
9/30/20: $221,234
10/31/20: $225,329
11/28/20: $257,563 $221,148 (no longer counting cash)
12/31/20: $234,567 (+13419)

Hoping to hit $250k by end of Q1 2021.

philli14

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Re: Race from 100 to 250k
« Reply #3384 on: December 31, 2020, 10:57:01 AM »
1/10/18: 43,071
1/11/18: 46,223 (+3152)
1/12/18: 50,605 (+4382)

1/01/19: 57,786 (+7181)
1/02/19: 65,133 (+7347)
1/03/19: 71,695 (+6562)
1/04/19: 77,573 (+5878)
1/05/19: 86,088 (+8515)
1/06/19: 86,749 (+0661)
1/07/19: 95,468 (+8719)
1/08/19: 99,958 (+4490)
1/09/19: 103,810 (+3852)
1/10/19: 107,111 (+3301)
1/11/19: 112,338 (+5227)
1/12/19: 120,227 (+7889)

1/01/20: 127,304 (+7077)
1/02/20: 131,547 (+4243)
1/03/20: 125,438 (-6109)
1/04/20: 114,410 (-11028)
1/05/20: 131,316 (+16906)
1/06/20: 143,277 (+11961)
1/07/20: 149,491 (+6214)
1/08/20: 158,440 (+8949)
1/09/20: 170,460 (+12020)
1/10/20: 170,416 (-44)
1/11/20: 172,359 (+1943)
1/12/20: 193,043 (+20684)

1/01/21: 203,920 (+10877)

Pretty shocking, especially in the context of what 2020 has been. Beyond fortunate to be where I am right now, and to have been able to work all through the COVID environment.

zee dot

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Re: Race from 100 to 250k
« Reply #3385 on: December 31, 2020, 02:15:57 PM »
I'm back!  In September 2020 I bought a cabin. Hoping to graduate by the end of 2021.

9/2017 (168,529.23)
10/2017 (156,730.67)
12/2017 (155, 778.96)
1/2018 (146,335.62)
2/2018 (146,208.20)
3/2018 (90,769.56) annual bonus
4/2018 (83,753.06)
6/2018 (73,857.57)
9/2018 (61,215.95)
10/2018 (51,434.89)
12/2018 $90,683.73 (sold a house)
01/2019 $96,400.22
02/2019 $150,040.56 (annual bonus)
03/2019 $152,786.73
04/2019 $200,186.35
05/2019 $195,428.02
06/2019 $106,265.42 (bought an apartment for my mom)
09/2019 $133,351.70 (market movement, my own apt appreciated)
11/2019 $157,752.34
12/2019 $161,956.70
1/2020 $240,295.73 (raise, bonus, market movement)
2/2020 $233,248.37
3/2020 $210,091.77 (COVID-19 market movement)
4/2020 $239,976.10
5/2020 $254,753.20
6/2020 $267,135.65
7/2020 $285,722.37
8/2020 $304,363.96
9/2020 $153,230.49 (bought cabin)
10/2020 $161,197.31
11/2020 $192,106.43


Huskerfan

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Re: Race from 100 to 250k
« Reply #3386 on: December 31, 2020, 06:03:33 PM »
Im jumping in this thread with a few ideas and thoughts in mind. I dont plan to add house equity or extras like that. Im not even going to add the spouses 401k. Ill be solely tracking
My 401k and my Roth IRA Numbers to go toward the goal of $250k. I may add the savings account numbers later, but most of that pays toward the last of my mortgage and a basement remodel right now.

My stats:

Jul2019 $101953
Aug2019 $106277
Sep2019 $111050
Oct2019 $114791
Nov2019 $120215
Dec2019 $122692
Jan2020 $120521
Feb2020 $123625
Mar2020 $124248
Apr2020 $133240
May2020 $145475
Jun2020 $143581
Jul2020 $151652
Aug2020 $155546
Sep2020 $149687
Oct2020 $161159
Nov2020 $182840
Dec2020 $197090


Numbers updated thru the last day of the month.  I already reached my temp check of getting to $150k by the end of 2020.   So Im happy about that.  But the numbers seem to far exceed where I thought Id be.  I suppose that happens with over 40% gains this year. 

I was secretly pushing to hit $200k for the year, but it wasnt in the cards.  I made a few moves in TSP at the end of the year that were a bit misguided and away from my normal plan. Lesson learned.

The gains I made this year were pretty much one of the few only good things about 2020.  Ill hold onto that though.  Im happy for sure.  My temp check had me hitting $179k for 2021.  Ill have to rewrite that and I think my goal is to hit $230k now.  Heres to a healthy and prosperous 2021!

alcon835

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Re: Race from 100 to 250k
« Reply #3387 on: January 01, 2021, 08:58:43 AM »
Note: all numbers are from the 1st of the month. Only tracking investments, no savings, assets, etc.

Jan 2020: $100,566
Jan 2021: $215,994 (+115,428) [+114.77%] <- 2020 gains

Year-to-date change: (+$0) [+0.00%]

My stretch goal for 2020 was to get past the $200k mark - and I did it and then some. Depending on how the stock market moves and how soon things start going "back to normal", I suspect I will easily hit my goal of $250k by July. In Q4, the family made some decisions to dramatically increase our savings rate and I expect 2021 to show significant bumps because of it.

The other thing I'm excited about is seeing the big jumps post $200k. That's the point I've heard multiple folks says the yearly growth starts to overtake yearly contributions. Fingers crossed on that one!

Here's to a new year with the same old financial goals.

Overview
                       2018                2019                2020                2021               
January$37,094$62,251$100,566$215,994
April$46,098$74,093$90,626 (COVID)-
July$59,013$82,898$136,291(Grad Goal)
October$63,418$85,605$170,871-
Annual gain$25,157$38,315$115,428-

peppermint

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Re: Race from 100 to 250k
« Reply #3388 on: January 01, 2021, 09:16:11 AM »
12/2019 - $107584.51
01/2020 - $110275.32
02/2020 - $112541.25
03/2020 - $111798.73
04/2020 - $104009.25
05/2020 - $110144.85
06/2020 - $117347.04
07/2020 - $127842.20
08/2020 - $130977.05
09/2020 - $137485.43
10/2020 - $138465.64
11/2020 - $140222.66
12/2020 - $150053.85
01/2021 - $156537.17

ASW

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Re: Race from 100 to 250k
« Reply #3389 on: January 01, 2021, 09:29:58 AM »
Tumultuous year, but ended up ahead of where I expected.  I think I'm on pace to graduate before I move this summer!

                       2018                2019                2020                2021               
January     $38,800$88,534$153,292$227,655
February$49,800$96,439$154,220-
March$55,707$107,387$121,400-
April$64,352$110,960$132,182-
May$68,097$117,622$152,737-
June$72,976$113,078$165,000(Grad Goal)
July$80,555$124,700$168,340
August$85,858$129,322$180,956
September$90,137$133,156$193,332
October$93,806$136,540$191,781
November$89,537$142,714$191,781
December$92,795$147,950$213,280
Annual gain$49,734$64,758$74,363

Optimiser

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Re: Race from 100 to 250k
« Reply #3390 on: January 01, 2021, 10:08:00 AM »
Dec 2017: -30,800
Dec 2018: -200
Dec 2019 $37,200
Nov 2020 $108,900

Dec 2020 $110,600

2020 was a wild ride, but we're up $73,400 from 2019!

zygote

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Re: Race from 100 to 250k
« Reply #3391 on: January 01, 2021, 11:21:54 AM »
For context: I'm 31 in a HCOL city. I'm married, but these are my own numbers since we keep our finances separate. Includes cash, retirement, and credit cards, which are used for normal expenses and paid off in full every month.

3/18: $48,533.91 (found MMM and started tracking)
3/19: $83,762.93
8/19: $101,572.33 (graduated to this thread)
3/20: $118,287.76 (-6,129.86, -4.93%)
4/20: $109,838.67 (-8,449.09, -7.14%)
5/20: $124,495.18 (+14,656.51, +13.34%)
6/20: $132,228.82 (+7,733.64, +6.21%)
7/20: $136,568.75 (+4,339.93, +3.28%)
8/20: $151,084.80 (+14,516.06, +10.63%)
9/20: $161,536.16 (+10,451.36, +6.92%)
10/20: $151,832.73 (-9.703.43, -6.01%)
11/20: $152,166.82 (+334.09, +0.22%)
12/20: $167,115.60 (+14,948.78, +9.82%)
1/21: $192,139.61 (+25,024.01, +14.97%)

I'm very grateful for the progress this month. It was a 27 paycheck year, and I got the last one yesterday. I also got an unexpected windfall from my parents, meant to be an early inheritance pass-down. Going to use some of it on a fun vacation when travel is safe again, but investing most of it.

mckaylabaloney

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Re: Race from 100 to 250k
« Reply #3392 on: January 01, 2021, 03:21:33 PM »
                       2018                2019                2020                2021               
January     $(170,956.12)$(80,750.78)$(4,484.13)$124,124.66
February$(166,849.63)$(72,922.02)$(4,647.56)-
March$(161,395.88)$(65,244.64)$398.59-
April$(156,590.44)$(57,807.71)$(9,003.54)-
May$(159,977.61)$(52,358.05)$8,209.01-
June$(154,655.48)$(52,769.97)$19,606.73-
July$(149,000.22)$(39,802.87)$26,480.37-
August$(143,758.38)$(35,751.08)$40,657.65-
September$(139,839.66)$(45,074.66)$52,868.32-
October$(136,009.14)$(54,949.47)$53,926.77-
November$(137,519.76)$(53,156.01)$61,241.09-
December$(132,193.25)$(52,946.03)$78,742.07-
Annual gain$90,205.34$75,902.65$128,972.79-

Very excited to be joining this thread! I still have six figures of student loans, but have been prioritizing retirement contributions for a few years, and it's definitely been paying off. I'm tracking total net worth.

If the markets are good this year, I may graduate next January. We'll see!
« Last Edit: January 02, 2021, 11:49:59 AM by mckaylabaloney »

alcon835

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Re: Race from 100 to 250k
« Reply #3393 on: January 01, 2021, 04:22:10 PM »
1/1/2021: $124,124.66

Very excited to be joining this thread! I still have six figures of student loans, but have been prioritizing retirement contributions for a few years, and it's definitely been paying off. I'm tracking total net worth.

If the markets are good this year, I may graduate next January. We'll see!

@ASW @alcon835 and others who are using tables comparing your year-to-year numbers -- how do you format those?

@mckaylabaloney - do a "quote" of my post and you'll see how it works. Use preview to validate everything formats correctly.

Gingersnaps

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Re: Race from 100 to 250k
« Reply #3394 on: January 02, 2021, 08:26:59 AM »
01/07/2020 - 75,523.86
01/08/2020 - 76,466.46
01/09/2020 - 79,690.65
01/10/2020 - 95,664.71
01/11/2020 - 97,515.00
01/12/2020 - 112,302.49
01/01/2021 - 114,965.12

Happy new year all! Having issues with one pension figure as can't log on and assume offices shut until every one is back to work. So should be a touch higher, will catch up next month instead

mbk

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Re: Race from 100 to 250k
« Reply #3395 on: January 02, 2021, 09:14:05 AM »
I am using this challenge for my retirement savings.

--------------------
12/31/16     107k
12/31/17     137k
12/31/18     110k
12/31/19     204k
-------------------
03/31/20     170k
06/30/20     220k
09/01/20     252k
10/01/20     247.7k
11/30/20     278k

12/31/20     290k

Considering myself graduated.

mckaylabaloney

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Re: Race from 100 to 250k
« Reply #3396 on: January 02, 2021, 11:21:30 AM »
@ASW @alcon835 and others who are using tables comparing your year-to-year numbers -- how do you format those?

@mckaylabaloney - do a "quote" of my post and you'll see how it works. Use preview to validate everything formats correctly.

Thank you!

FICurious

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Re: Race from 100 to 250k
« Reply #3397 on: January 02, 2021, 11:33:35 AM »

This will track only my investments and savings.

Apr 2011:  $49k
Jan 2013:  $80K 
Jan 2014:  $97k
Jan 2015:  $100k   
Jan 2016:  $103k   
Jan 2017:  $108k
Jan 2018:  $127k
Jan 2019:  $133k
Jan 2020: $171,809   

01 Dec 2020: $191,698

01 Jan 2021: $200,820

+29,011 for 2020.

Monthly Google Doc Tracker:  https://docs.google.com/spreadsheets/d/1Z8OcegKpbeNJoqSI0nzoBuypFKqDD7BT2SS60oFEeCw/edit#gid=0    *Just put in your numbers. Do not sort.*
[/quote]

Queen Frugal

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Re: Race from 100 to 250k
« Reply #3398 on: January 02, 2021, 12:06:04 PM »
2020 Investments    $169,634.07    45%    $52,877.36
2019 Investments    $116,756.71    73%    $49,430.81
2018 Investments    $67,325.90       

Goal: Graduate from this thread by year end 2022!

Evasion

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Re: Race from 100 to 250k
« Reply #3399 on: January 03, 2021, 03:24:38 AM »
20 Dec 18 - 37,800
1 Sept 20 - 100,406
1 Oct 20 - 100,147
1 Nov 20 - 106,985
1 Dec 20 - 116,193
1 Jan 20 - 118,784

Not such a good month but personal finance is not my priority at the moment. I've had a difficult year, and December is always a high spending month. Still on track with my plan, probably even a little early. Keen to get back on track and make even more progress in the next few months.