Author Topic: Race from 100 to 250k  (Read 149374 times)

tarheeldan

  • Pencil Stache
  • ****
  • Posts: 665
Re: Race from 100 to 250k
« Reply #750 on: February 01, 2017, 07:23:32 PM »
Broke $200k! I'm super excited about it. Took 1 year 9 months to go from $100k to $200k. Let's see if I can double it again in another 1.75 years! :D

Congratulations!!!


For me, another great month last month, up 4.9% or $6,655 to $142,004 :-)

Some of us are tracking our progress here:
https://docs.google.com/spreadsheets/d/1Z8OcegKpbeNJoqSI0nzoBuypFKqDD7BT2SS60oFEeCw/edit?usp=drive_web

babystache89

  • 5 O'Clock Shadow
  • *
  • Posts: 26
  • Age: 28
  • Location: USA
Re: Race from 100 to 250k
« Reply #751 on: February 01, 2017, 07:32:57 PM »
9/1/16: $217,000
10/1/16: $220,000
11/1/16: $232,000
12/1/16: $234,500
1/1/17: $238,500
2/1/17: $245,000

Getting close!

cakie

  • Stubble
  • **
  • Posts: 136
  • Age: 27
  • Location: Australia
Re: Race from 100 to 250k
« Reply #752 on: February 01, 2017, 07:46:01 PM »
Just passed $100k mark in December, will have to join in! I'll try to remember put my numbers into the spreadsheet...

Current: ~$103k

Uncle Scrooge

  • 5 O'Clock Shadow
  • *
  • Posts: 51
  • Age: 33
  • Location: USA
Re: Race from 100 to 250k
« Reply #753 on: February 02, 2017, 05:57:08 AM »
Jan 1,2015- $111,500
July 1,2015- $112,000
Jan 1,2016- $131,900
July 1,2016- $156,400
Aug 1,2016- $159,000
Sept 1, 2016- $162,000
Oct 1, 2016- $164,100
Nov 1,2016-$162,200
Dec 1,2016-$166,900
Jan 1,2017-$174,700
Feb 1, 2017-$175,000

Paid 6 months of property taxes and DW and my car insurance for the year. Lots of bills!

RetireGermane

  • 5 O'Clock Shadow
  • *
  • Posts: 11
  • Age: 55
  • Location: Munich
Re: Race from 100 to 250k
« Reply #754 on: February 02, 2017, 09:48:12 AM »
A little update

In January i hesitated to invest because of a possible financial Trump Turmoil at the stock markets, but now i'm back in business. I use short running bonus certificates (1 to 2 months) on the german DAX.
No liabilities + a paid Appartment (approx. 300,000€)

Invested Assets+ Cash Account:

1/1/2016 Jan:    64,400€

1/1/2017 Jan:  104,000€
2/1/2017 Feb:  105,000€

Planned Graduation Date 250k: Sept 2021

Happy Investing
« Last Edit: February 07, 2017, 04:38:45 AM by RetireGermane »

Slinky

  • 5 O'Clock Shadow
  • *
  • Posts: 95
  • Age: 33
  • Location: Wisconsin
Re: Race from 100 to 250k
« Reply #755 on: February 02, 2017, 11:58:02 AM »
Just the FIRE stash
-----------------------
Dec 2016 - $101,671
Jan 2017 - $105,278   (+3,607)
Feb 2017 - $111,155   (+5,877)

$2k into taxable to meet a fund minimum for investing and get that doing something, standard $1,500 into the 401k. Cash flow is settling now that our big restoration project is finishing up so the next priority is this year's Roth contribution.

Mustachio Bashio

  • 5 O'Clock Shadow
  • *
  • Posts: 36
  • Age: 32
  • Location: Denver, CO
Re: Race from 100 to 250k
« Reply #756 on: February 02, 2017, 06:27:36 PM »
Just came across this thread, and sounds like the perfect one to join since that's around where I'm at.

Currently my stash is at 167,752.  I have a trip coming up in a month to Melbourne and New Zealand, so that'll probably effect the stash a bit (hello $400 ice climbing on a glacier once in a lifetime experience plus being MOH in my friend's wedding and all that that entails, though trying to balance it out by mostly camping throughout the NZ part of the trip and the hotel in Melbourne is covered from last years travel credit from Chase Sapphire Reserve), but hopefully I'm still able to save a significant amount.  Figured either way, this would be a great place to push myself and keep me accountable.

jda85

  • 5 O'Clock Shadow
  • *
  • Posts: 36
Re: Race from 100 to 250k
« Reply #757 on: February 02, 2017, 07:52:12 PM »
9/1/16: $99,187.71
9/9/16: $101,885
10/1/16: $103,713.66
11/1/16: $108,566.60
12/1/16: $116,317
1/1/17: $125,770
2/1/17: $131,945

Check2400

  • 5 O'Clock Shadow
  • *
  • Posts: 86
Re: Race from 100 to 250k
« Reply #758 on: February 03, 2017, 09:27:50 AM »
Just passed $100k mark in December, will have to join in! I'll try to remember put my numbers into the spreadsheet...

Current: ~$103k

Cakie, we're in the same starting place!  Join the spreadsheet and we'll race.  Our firehoses of cash may be different, but friendly competition and accountability makes things more fun.

Plus, I'm finding that this Race is extremely helpful in concentrating on the next rung instead of the end goal.  Breaking up a 13 year FIRE journey into 2-3 year goals is a lot more tangible. 

retireatbirth

  • Stubble
  • **
  • Posts: 151
Re: Race from 100 to 250k
« Reply #759 on: February 03, 2017, 05:21:20 PM »
June 2015: $120,300
July 2015: $120,800
August 2015: $125,300

December 1, 2015: $137,000

October 1, 2016: $200,000

February 3, 2017: $224,000

richmadethis

  • 5 O'Clock Shadow
  • *
  • Posts: 11
Re: Race from 100 to 250k
« Reply #760 on: February 03, 2017, 07:07:52 PM »
Newbie here from New Zealand!
Past year's progress:

01/01/16   : 70127
01/02/16   : 71010
01/03/16   : 73416
01/04/16   : 74102
01/05/16   : 77079
01/06/16   : 79954
01/07/16   : 80915
01/08/16   : 84609
01/09/16   : 87883
01/10/16   : 90308
01/11/16   : 92726
01/12/16   : 95496
01/01/17   : 97661

01/02/17: 101,101 YES!

Currently about 50/50 home equity / investments split.  Home equity included at conservative guess (basically ignores last year's 20% increase property values in my city, no plans to sell), our mortgages interest rates range from 4-6% - so we make extra payments on that, as well as invest. Plan on reaching the 250k mark in 4 years, mortgage free in 7, able to comfortably semi-retire/go for extended travel/do volunteer work in 10 years (Will be 45 years old then).

tarheeldan

  • Pencil Stache
  • ****
  • Posts: 665
Re: Race from 100 to 250k
« Reply #761 on: February 03, 2017, 07:14:41 PM »
Newbie here from New Zealand!

Just passed $100k mark in December, will have to join in! I

Welcome!

Mazzinator

  • Pencil Stache
  • ****
  • Posts: 541
  • Location: Pa, Ga, Fl, Pa, Az, Tn, Va, Hi, Va, Pa, NoVa
Re: Race from 100 to 250k
« Reply #762 on: February 03, 2017, 07:56:12 PM »
Does not include real estate.

5/3/16 - $100,825
6/3/16 - $104,923
7/6/16 - $106,848
8/3/16 - $116,321
9/5/16 = $127,594
10/4/16 = $134,384
11/1/16 = $136,144
12/6/16 = $146,890

1/2/17 = $156,358
2/3/17 = $167,434
"This is the life I chose or rather the life that chose me." - Jay-Z

Rhoon

  • 5 O'Clock Shadow
  • *
  • Posts: 86
  • Age: 2013
  • Location: South East U.S.
Re: Race from 100 to 250k
« Reply #763 on: February 04, 2017, 08:40:27 AM »
Hi all,

I had been hanging out in the Race to $100K before I added my home equity, which got a huge bump in value as a few homes sold around me for really good prices. Here's to the race to $250K!

With Home Equity:
Jan 2017 - $152,454.47
Feb 2017 - $190,691.99

Equity: $74,388

AK

  • Stubble
  • **
  • Posts: 132
Re: Race from 100 to 250k
« Reply #764 on: February 04, 2017, 10:43:38 AM »
I am in. We hit 100K in June 2015 and just hit 200K today so it took roughly 19 months. Should hit 250 by end of this year / early next.

nathan01xl

  • 5 O'Clock Shadow
  • *
  • Posts: 20
Re: Race from 100 to 250k
« Reply #765 on: February 04, 2017, 06:46:05 PM »
New to this 'race' but making great progress so far. Relocated last month for work and received a nice bonus!

Feb 2016 - $49,164   
March 2016 - $62,581   
April 2016 - $66,697   
May 2016 - $71,586   
June 2016 - $76,413   
July 2016 - $83,499   
August 2016 - $88,924   
September 2016 - $95,816   
October 2016 - $99,624   
November 2016 - $106,957   
December 2016 - $114,443   
January 2016 - $127,417
« Last Edit: February 07, 2017, 11:16:48 PM by nathan01xl »

Mustachio Bashio

  • 5 O'Clock Shadow
  • *
  • Posts: 36
  • Age: 32
  • Location: Denver, CO
Re: Race from 100 to 250k
« Reply #766 on: February 05, 2017, 10:27:09 AM »
Are a lot of people doing this as a couple?  I'm amazed by how much money people are saving each month.  Seems like people are regularly adding over 5k a month.

AK

  • Stubble
  • **
  • Posts: 132
Re: Race from 100 to 250k
« Reply #767 on: February 05, 2017, 11:11:39 AM »
Quote
Are a lot of people doing this as a couple?  I'm amazed by how much money people are saving each month.  Seems like people are regularly adding over 5k a month.

We are a family of 3 with one parent working full time. Having a high-income and low expenses helps a lot. The MMM community has many high earners that definitely help skew the savings rates and amounts higher. Admittedly, I used to be quite envious of other people's income and saving rates but that doesn't do any good. Track your own progress and say good for those that are also doing well too.

Rhoon

  • 5 O'Clock Shadow
  • *
  • Posts: 86
  • Age: 2013
  • Location: South East U.S.
Re: Race from 100 to 250k
« Reply #768 on: February 05, 2017, 11:28:37 AM »
Are a lot of people doing this as a couple?  I'm amazed by how much money people are saving each month.  Seems like people are regularly adding over 5k a month.

Family of 3, 1x high income earner. My monthly numbers do shoot up a bit, but it's also a reflection of savings + debt reduction which gets obscured away by just posting the net of everything.

My Jan -> Feb 2017 numbers are an unfortunate oddity due to a high bonus/commission payment, which will most likely cause the remainder of my yearly numbers to remain relatively flat. I'm taking all the tax advantaged savings I can and once I fill those pots of money up, I attack debt; which I'm hoping I can cut in 1/2 this year.

Canadian Ben

  • Bristles
  • ***
  • Posts: 351
  • Age: 27
  • Location: Quebec City
Re: Race from 100 to 250k
« Reply #769 on: February 06, 2017, 01:56:06 AM »
Are a lot of people doing this as a couple?  I'm amazed by how much money people are saving each month.  Seems like people are regularly adding over 5k a month.

If it makes you feel more normal, I'm only going up 2-3k month. (I include my mortgage principal repayment). I just don't put my numbers up, as I wait for the yearly, rather then monthly (since there isn't a huge change monthly... it would make it seem even longer)

Guava

  • Stubble
  • **
  • Posts: 194
Re: Race from 100 to 250k
« Reply #770 on: February 06, 2017, 07:15:40 AM »
Are a lot of people doing this as a couple?  I'm amazed by how much money people are saving each month.  Seems like people are regularly adding over 5k a month.

I am recently married but haven't included his numbers yet. Together we gross about 115k.  Between savings and mortgage principle payment, I add between 2500-3000 per month to my net worth. Lately the market has been helping a lot too.

Mustachio Bashio

  • 5 O'Clock Shadow
  • *
  • Posts: 36
  • Age: 32
  • Location: Denver, CO
Re: Race from 100 to 250k
« Reply #771 on: February 06, 2017, 09:34:30 AM »
Thanks for the info, everyone.  Also, really impressive how much everyone's putting away.  My goal is to add about 2.2k+ a month, not including any income from investments.  I should be getting a raise this year (hopefully sooner rather than later, obviously) with a promotion, so then it'll be nice to at least bump that up a bit more.  Also crossing fingers and toes for a bonus, which I'm assuming I'll hear about by the end of the month.

MrStash

  • 5 O'Clock Shadow
  • *
  • Posts: 23
Re: Race from 100 to 250k
« Reply #772 on: February 06, 2017, 11:07:44 AM »
Hello, I posted here a long time ago but then I realized my spreadsheet was not pulling my liabilities correctly. :D I was very impressed with myself.

No such mistakes going forward. With all the calculations done right, I just broke 100k NW last month.

Jan 2016 - $76,305.60
Feb 2016 - $77,709.92
Mar 2016 - $81,665.18
Apr 2016 - $83,367.03
May 2016 - $85,264.84
Jun 2016 - $90,386.10
Jul 2016 - $93,985.40
Aug 2016 -  $76,869.18 - New car... I know I know.
Sep 2016 -  $82,323.51
Oct 2016 - $84,265.82
Nov 2016 -  $89,583.71
Dec 2016 - $95,959.42
Jan 2017 - $100,636.31

If I can keep up my projections, assuming no kids/job loss/inheritance/major promotions, my goal is to graduate from this thread by December 2019. I remember back in the day when I first started lurking around here in 2014 people who could save 50k/year seemed nuts. Keep up the good work everyone, the math behind early retirement is truly shockingly simple!
« Last Edit: February 06, 2017, 11:09:32 AM by MrStash »

Check2400

  • 5 O'Clock Shadow
  • *
  • Posts: 86
Re: Race from 100 to 250k
« Reply #773 on: February 06, 2017, 12:37:11 PM »
Thanks for the info, everyone.  Also, really impressive how much everyone's putting away.  My goal is to add about 2.2k+ a month, not including any income from investments.  I should be getting a raise this year (hopefully sooner rather than later, obviously) with a promotion, so then it'll be nice to at least bump that up a bit more.  Also crossing fingers and toes for a bonus, which I'm assuming I'll hear about by the end of the month.

Realize, though, that everyone here is including income from investments.  Which means that if you are in the 100K club, you're going to average almost $600 more a month in interest over the course of a year.  So you're almost at $3000 a month too.   

Tris Prior

  • Pencil Stache
  • ****
  • Posts: 934
Re: Race from 100 to 250k
« Reply #774 on: February 07, 2017, 02:27:57 PM »
401k: 94,441.07
Roth: 48,328.69
E-fund: 9,680.24    

Total: 152,450.00

Total 1 month ago: 146,426.95

Increase: 6,023.05

CorpRaider

  • Stubble
  • **
  • Posts: 208
Re: Race from 100 to 250k
« Reply #775 on: February 10, 2017, 01:33:40 PM »
I'm in.  Let's get it!

Using marketable securities investments: 

12/15 ~    $81,000
12/16 ~  $109,000
01/17 ~  $116,000

Hey, people who include home or other real estate equity, do you just use like a zestimate or tax value and reduce for transaction costs or how do you value your RE?  I'm thinking I might start tracking dual figures just for FI/FU money purposes.
« Last Edit: February 21, 2017, 11:03:09 AM by CorpRaider »

SGontour

  • 5 O'Clock Shadow
  • *
  • Posts: 19
Re: Race from 100 to 250k
« Reply #776 on: February 11, 2017, 06:43:54 AM »

Investments only, end of month:
Jan15 CHF 49,805
...
Jan16 CHF 78,098
...
Nov16 CHF 106,096
Dec16 CHF 103,554
Jan17 CHF 115,617

Haselbacher

  • 5 O'Clock Shadow
  • *
  • Posts: 17
  • Location: SoCal
Re: Race from 100 to 250k
« Reply #777 on: February 11, 2017, 11:09:04 PM »
I am also in. All investments combined.
Projected graduation date: July 2021. Let’ go!

Jan 2017 - 104.349,70 €
Feb 2017 - 107.347,94 €

Apples

  • Pencil Stache
  • ****
  • Posts: 719
Re: Race from 100 to 250k
« Reply #778 on: February 12, 2017, 06:30:24 AM »
Nov. 1 2015:  $101,701.11 --- gain of $8,228.48
Dec 1 2015:  $106,488.64 --- gain of $4,787.53
Jan. 1 2016:  $107,709.77 --- gain of $1,221.14
Feb. 1 2016:  $106,318.40 --- loss of $1,402.91
Mar. 1 2016:  $108,550.55 --- gain of $2,232.15
Apr. 1 2016:  $115,724.63 --- gain of $7,174.08  woohoo market swing up!
May 1 2016:  $119,946.35 --- gain of $4,221.72
June 1 2016:  $125,160.93 --- gain of $5,214.58
July 1 2016:  $127,094.93 --- gain of $1,934.00
August 1 2016:  $133,039.69 --- gain of $5,944.76
September 1 2016:  $136,465.21 --- gain of $3,425.52
October 1 2016:  $140,391.81 --- gain of $3,926.60
November 1 2016:  $145,497.13 --- gain of $5,105.32
December 1 2016:  $149,771.11 -- gain of  $3,732.60
January 1 2017:  $153,948.79 -- gain of $4,177.68

February 1 2017:  $163,262.29 -- gain of $9,313.60   We were reimbursed for some canceled travel plans, plus our Christmas bonuses went into the savings account in January to reflect in this number.  Big month!

FrugalLakes

  • 5 O'Clock Shadow
  • *
  • Posts: 27
  • Age: 31
  • Location: NY
Re: Race from 100 to 250k
« Reply #779 on: February 13, 2017, 09:54:28 AM »
I'm.  Finally hit the mark to join this race.  As of 11/1/16 my net worth is $101,051.  Hope to hit 250k in 2.5 years.

Time for an update!  2/1/17 net worth is $109,600. 
Moving towards financial independence one step at a time.

Goal: FIRE 1/1/2026

Nick_Miller

  • Bristles
  • ***
  • Posts: 361
  • Age: 43
Re: Race from 100 to 250k
« Reply #780 on: February 14, 2017, 08:51:59 AM »
Jan 2016     $80,165.78
Feb 2016     $88,372.39
March 2016 $101,768.81
April 2016   $106,876.35
May 2016    $106,529.21
June 2016   $109,892.28
July 2016    $115,035.02
Aug 2016    $125,235.44
Sept 2016   $126,076.92
Oct 2016     $129,441.04
Nov 2016    $135,152.36
Dec 2016    $138,352.17
Jan 2017     $147,729.69
Feb 2017    $150,339.59

Next few months will be crazy balance sheet-wise with selling a house and buying a new one and all the associated costs. Still hope to keep moving forward though!



facepalm

  • 5 O'Clock Shadow
  • *
  • Posts: 94
  • Location: California
Re: Race from 100 to 250k
« Reply #781 on: February 14, 2017, 09:30:12 PM »
New to the forum. Long time lurker, I came across this discussion and figured it was right up my alley so I registered.

EDIT: I was able to find my NW data in Mint. Here is last years progress:

Jan-16   23,769
Feb-16   37,777
Mar-16   36,324
Apr-16   36,503
May-16   38,348
Jun-16   45,604
Jul-16   43,749
Aug-16   46,696
Sep-16   47,970
Oct-16   92,135
Nov-16   120,118
Dec-16   119,694
Jan-17   123,913

My goal is to get to 200K by the end of the year.

Cheers!
« Last Edit: February 21, 2017, 09:40:39 AM by facepalm »

mrshudson

  • Stubble
  • **
  • Posts: 153
Re: Race from 100 to 250k
« Reply #782 on: February 16, 2017, 05:51:00 AM »
Jan 2015 - $94,000
Feb 2015 - $ 97,000
Mar 2015 - $106,000
Apr 2015 - $108,000
May 2015 - $114,000
June 2015 - $ 117,000
...
April 2016 - $145,000
January 2017: 190,000

I probably will be there in a year, less if I continue saving in the aggressive mode that I'm in these last few months.

Enough

  • 5 O'Clock Shadow
  • *
  • Posts: 88
Re: Race from 100 to 250k
« Reply #783 on: February 20, 2017, 10:40:42 AM »
Slow and Steady

Jan-15    $103,510
Feb-15    $104,580
Mar-15    $113,223
Apr-15    $118,072
May-15    $122,214
Jun-15    $124,279
Jul-15    $126,969

Guessing that I'll hit it March 2018.

Aug-15    $121,517
Sep-15    $119,105
Oct-15    $130,210
   

Nov-15   $139,276
Dec-15   $142,945
Jan-16   $142,996
Feb-16   $145,610
Mar-16   $161,315
Apr-16   $161,141
May-16   $181,902

New estimate is Dec 2017 (rather than March 2018)

Jun-16    $185,289
Jul-16     $182,691
Aug-16   $196,373
Sep-16    $207,180

Recent gains are mostly real estate investment that wont be income producing for 3-6 months, so I don't expect this rate of growth to continue.  Estimate on 250k timeline is still ~late 2017.

Oct-16   $208,696.97    
Nov-16   $215,053.79    
Dec-16   $224,049.49    
Jan-17   $230,337.25    
Feb-17   $247,801.30    
Feb-17   $251,409.30    (Inc. estimated tax return)

Tax return should be deposited on Wednesday - which will bump me over the 250k edge!

It's interesting looking back how far my original estimate was off.  Took ~22 months from my first post in July 2015 rather than the 34 months I had projected.  The two factors in the difference between the actual and projection:
1. Gains from real estate were not included in the projection.
2. The recent stock market gains were not expected.

Cool beans.

afuera

  • Bristles
  • ***
  • Posts: 323
  • Age: 25
  • Location: Houston, TX
Re: Race from 100 to 250k
« Reply #784 on: February 20, 2017, 10:44:28 AM »
Oct-16   $208,696.97    
Nov-16   $215,053.79    
Dec-16   $224,049.49    
Jan-17   $230,337.25    
Feb-17   $247,801.30    
Feb-17   $251,409.30    (Inc. estimated tax return)

Tax return should be deposited on Wednesday - which will bump me over the 250k edge!

It's interesting looking back how far my original estimate was off.  Took ~22 months from my first post in July 2015 rather than the 34 months I had projected.  The two factors in the difference between the actual and projection:
1. Gains from real estate were not included in the projection.
2. The recent stock market gains were not expected.

Cool beans.
Congrats!
"The price of anything is the amount of life you exchange for it" - Henry David Thoreau

6/2017: INV-3.4x, NW-5.0x
Projected FIRE date: 2025
Journal.

facepalm

  • 5 O'Clock Shadow
  • *
  • Posts: 94
  • Location: California
Re: Race from 100 to 250k
« Reply #785 on: February 22, 2017, 06:20:35 PM »
Jan 2015 - $94,000
Feb 2015 - $ 97,000
Mar 2015 - $106,000
Apr 2015 - $108,000
May 2015 - $114,000
June 2015 - $ 117,000
...
April 2016 - $145,000
January 2017: 190,000

I probably will be there in a year, less if I continue saving in the aggressive mode that I'm in these last few months.

Nice work!

brute

  • Bristles
  • ***
  • Posts: 345
Re: Race from 100 to 250k
« Reply #786 on: February 23, 2017, 10:00:25 AM »

2014-1-1: $60k
2015-1-1: $92k
2016-1-1: $125k
2016-12-2: $187,320
2017-1-1:   $202,158
2017-2-23: $209k

t5inside

  • 5 O'Clock Shadow
  • *
  • Posts: 37
Re: Race from 100 to 250k
« Reply #787 on: February 24, 2017, 08:38:04 AM »
...
May-16   $177,354.00
Jun-16   $183,866.00
Jul-16   $195,548.00
Aug-16   $204,734.00

Time to update!
Sep-16   $212,181.00
Oct-16   $209,160.00 (Mortgage refi from 30/3.625% to 15/2.5%)
Nov-16   $218,918.00
Dec-16   $227,348.00

With bonus season coming, hopefully by end of February I'll be moving on to the next phase.

Happy new year, all.

Time for my final update. Jumping the gun a tiny bit since my paycheck doesn't hit until Tuesday, but I know the amounts :)

Jan-17   $240,822.00
Feb-17   $251,681.00

See you all in the next thread!

kickel

  • 5 O'Clock Shadow
  • *
  • Posts: 19
  • Age: 27
Re: Race from 100 to 250k
« Reply #788 on: February 24, 2017, 01:24:02 PM »
Finally made it into this thread! I'm amazed at how much some of you guys are able to put away each month. Is it high income, dual income, market return. Either way I'm jealous. Well here is my starting point, with no home equity.

8/8/16: $101,750

I may have skipped a few months of posting, but It's time to get back on track.

2/24/17: $110,773

Imustacheyouaquestion

  • Stubble
  • **
  • Posts: 148
Re: Race from 100 to 250k
« Reply #789 on: February 27, 2017, 07:24:21 AM »
Aug 2016      $104,410.00
Sept 2016    $106,084.00   
Oct 2016       $107,559.00
Nov 2016      $103,227.00
Dec 2016      $107,460.00
Jan 2016       $111,400.00
Feb 2016       $145,239.58

Big jump this month after combining finances with my wife, including her student loans and retirement accounts. Combining finances was honestly pretty tedious - so much double-checking things we both had on autopay, changing direct deposits, etc. But it's a good chance to review our spending priorities and goals. We have a major budget review planned for this weekend now that our new joint system should be fully in place.

Guava

  • Stubble
  • **
  • Posts: 194
Re: Race from 100 to 250k
« Reply #790 on: February 27, 2017, 08:48:18 AM »
Aug 2016      $104,410.00
Sept 2016    $106,084.00   
Oct 2016       $107,559.00
Nov 2016      $103,227.00
Dec 2016      $107,460.00
Jan 2016       $111,400.00
Feb 2016       $145,239.58

Big jump this month after combining finances with my wife, including her student loans and retirement accounts. Combining finances was honestly pretty tedious - so much double-checking things we both had on autopay, changing direct deposits, etc. But it's a good chance to review our spending priorities and goals. We have a major budget review planned for this weekend now that our new joint system should be fully in place.

I have been married for nearly six months and still haven't even attempted this. It is daunting to think about. Good for you for doing it!

JLee

  • Magnum Stache
  • ******
  • Posts: 3735
Re: Race from 100 to 250k
« Reply #791 on: February 27, 2017, 10:21:16 PM »
Code: [Select]
Date             Assets           Debts          Net Worth
August 2015 $248,737.62 -$143,484.78 $105,252.84
September 2015 $249,761.04 -$159,507.25 $90,253.79
October 2015 $266,557.35 -$151,064.75 $115,492.60
November 2015 $271,201.85 -$150,368.41 $120,833.44
December 2015 $271,845.32 -$148,613.59 $123,231.73
Code: [Select]
Date             Assets           Debts          Net Worth
January 2016 $272,798.52 -$148,222.89 $124,575.63
February 2016 $279,454.78 -$145,555.38 $133,899.40
March 2016 $292,126.61 -$145,803.30 $146,323.31
April 2016 $296,708.77 -$145,223.65 $153,621.56 (now including HSA)
May 2016        $302,220.28     -$144,314.68    $157,905.60
June 2016       $297,865.13     -$130,027.21    $167,837.92
July 2016       $300,335.43     -$129,034.70    $174,400.90
August 2016     $303,784.69     -$127,309.21    $176,475.48
September 2016  $304,374.41     -$124,141.38    $180,233.03
October 2016    $304,191.78     -$123,292.88    $180,898.90
November 2016   $317,059.14     -$130,935.47    $186,123.67
December 2016   $324,677.65     -$130,895.49    $193,782.16
Code: [Select]
Date             Assets           Debts          Net Worth
January 2017 $329,765.13 -$130,035.00 $199,730.13
February 2017 $343,003.22 -$128,715.39 $214,287.83

Holy shit. I've felt like I've been spending money like water this month, too (moved to a different apartment and bought a fair amount of kitchen and cleaning supplies). My annual profit sharing bonus came in ($10k pre-tax, ~$6k post-tax) which helped, but that wasn't even half of the growth.  I feel like I may be getting to the point where market gains start to eclipse work gains!

marcela

  • Bristles
  • ***
  • Posts: 371
Re: Race from 100 to 250k
« Reply #792 on: February 28, 2017, 07:19:33 AM »
Hello! I just graduated from the 100k board on Oct- 31st I thought I would mosey over here. I'm married, 28 years old and my husband is currently finishing up school. Total household income is 56k. We rent and have no outstanding debt. Worth of our single car is not included in the calculations.

Background on net worth:
08/2013: $9,216- had been making 18k, got a job making 27k
02/2014: $14,413- new job in December making 38k
08/2014: $17,890
02/2015: $34,041
08/2015: $58,584 - new job in May making 55k
02/2016: $77,264
09/2016: $96,145

10/31/2016: $101,606
11/17/2016: $103,940
12/30/2916: $109,785.19
1/31/2017: $112,318.74

2/28/2017: $119,499.39
Tax refund hit plus market gains. I have some outstanding work reimbursements that will boost next month together with it being a 3 paycheck month.

mrteacher

  • Stubble
  • **
  • Posts: 132
Re: Race from 100 to 250k
« Reply #793 on: February 28, 2017, 09:43:53 AM »
1/1/16: $93,782
2/1: $91,959
3/1: $93,145
4/1: $100,869
5/1: $104,268
6/1: $107,087
7/1: $112,489
8/1: $118,328
9/1: $120,838
10/1: $124,626
11/1: $126,949
12/1: $132,846
1/1/17: $141,336
2/1/17: $145,890

3/1/17: $152,308

Man, it's been a fun few months of market gains!

tarheeldan

  • Pencil Stache
  • ****
  • Posts: 665
Re: Race from 100 to 250k
« Reply #794 on: February 28, 2017, 10:03:53 AM »
Feb-17   $251,409.30    (Inc. estimated tax return)

Congratulations!!

tarheeldan

  • Pencil Stache
  • ****
  • Posts: 665
Re: Race from 100 to 250k
« Reply #795 on: February 28, 2017, 10:04:47 AM »
Feb-17   $251,681.00

See you all in the next thread!

Congratulations!!!

afuera

  • Bristles
  • ***
  • Posts: 323
  • Age: 25
  • Location: Houston, TX
Re: Race from 100 to 250k
« Reply #796 on: February 28, 2017, 10:23:27 AM »
1/1/2015: $-7,391.00
2/1/2015: $14,385.00
3/1/2015: $23,410.26
4/1/2015: $26,035.00
5/1/2015: $40,351.00
6/1/2015: $45,024.00
7/1/2015: $49,653.00
8/1/2015: $55,698.00
9/1/2015: $64,143.00
10/1/2015: $69,752.00
11/1/2015: $73,258.00
12/1/2015: $78,264.00

1/1/2016: $85,216.00
2/1/2016: $108,561.00
3/1/2016: $120,587.00
4/1/2016: $126,840.00
5/1/2016: $141,235.00
6/1/2016: $158,354.00
7/1/2016: $163,000.00
8/1/2016: INV-$$91,234.65     NW-$189,193.00
9/1/2016: INV-$$93,526.67     NW-$172,000.00
10/1/2016: INV-$$95,922.07     NW-$175,024.00
11/1/2016: INV-$$97,640.51     NW-$179,773.00
12/1/2016: INV-$101,914.22     NW-$180,032.02

1/1/2017: INV-$107,733.74     NW-$188,244.05
2/1/2017: INV-$117,155.67     NW-$199,327.18
3/1/2017: INV-$130,755.36     NW-$209,268.66

Moved some money around from savings to investments this month in order to max last years IRAs. 
Loaned some $ to BIL in order to help him through a tough spot but the market pretty much made up for it and we saw the same NW increase as last month.
« Last Edit: February 28, 2017, 10:24:59 AM by afuera »
"The price of anything is the amount of life you exchange for it" - Henry David Thoreau

6/2017: INV-3.4x, NW-5.0x
Projected FIRE date: 2025
Journal.

facepalm

  • 5 O'Clock Shadow
  • *
  • Posts: 94
  • Location: California
Re: Race from 100 to 250k
« Reply #797 on: February 28, 2017, 10:46:43 AM »
Jan-16   23,769
Feb-16   37,777
Mar-16   36,324
Apr-16   36,503
May-16   38,348
Jun-16   45,604
Jul-16   43,749
Aug-16   46,696
Sep-16   47,970
Oct-16   92,135
Nov-16   120,118
Dec-16   119,694
Jan-17   123,913
Feb-17   132,459 (a 6.9% increase)

Funded my new 403(b) with Vanguard, and next month my contribution to my 457(b) will begin. I'll be contributing the max to both ($48,000) as well as my ROTH IRA. I'm very lucky to be able to have both type of accounts, as my school district gives us the option of either/both types of account. I may also be able to sock away another 3K per year into my 403(b) since I have been at my job over 15 years. All told, I'll be saving 66% of my gross pay. I'm renting and live a mile from work, so that helps. Looking back over the year, I can see there were months where I did not have my spending under control. This month I think I finally go it figured out.

Cheers!
« Last Edit: February 28, 2017, 02:06:23 PM by facepalm »

easternblockbabe

  • 5 O'Clock Shadow
  • *
  • Posts: 12
Re: Race from 100 to 250k
« Reply #798 on: February 28, 2017, 02:46:39 PM »
End of February update: Things are croozin!

                            retirement    total non-equity
July 28 2016:      $150,359      $204,445
Aug 26 2016:      $152,086      $213,655 
Sept 30 2016:     $156,721      $214,248 
Oct 28 2016:       $154,857     $210,419 
Dec 1 2016:        $158,555      $217,706 
Dec 31 2016:      $167,738      $219,839
Jan 29 2017:       $173,756      $223,428
Feb 28, 2017:      $179,476      $231,188
I just love to see my savings grow!

SeattleStache

  • Stubble
  • **
  • Posts: 117
  • Location: Los Angeles
Re: Race from 100 to 250k
« Reply #799 on: February 28, 2017, 05:00:28 PM »
Retirement only, does not include real estate or emergency savings. :

January 2015: $98,619

January 2016: $101,235
December 2016: $140,779 (total NW $269,089)

January 2017: $151,307 (total NW $276,052)
February 2017: $156,620 (total NW $285,663)

I know the total NW is over $250k but I'm focused on retirement only for this challenge. A good chunk of the NW is real estate equity.