Author Topic: Race from 500k to 1M!  (Read 141965 times)

2Birds1Stone

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Re: Race from 500k to 1M!
« Reply #1000 on: January 02, 2019, 07:17:01 AM »

Still in this race ;)

Boom, goes the dynamite.

Good to know we will be racing again this year!

YoungGranny

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Re: Race from 500k to 1M!
« Reply #1001 on: January 02, 2019, 08:41:45 AM »

Dec. 2017: $502k
Jan. 2, 2018: $513.7k
Feb. 5, 2018: $539.9k
Mar. 5, 2018: $543.6k
Apr. 2, 2018: $557.6
Apr. 30, 2018: $574.5k
June 4, 2018: $616.2k
July 2, 2018: $623.4k
Aug. 1, 2018: $643.8k
Sep. 4, 2018:$670.2k
Oct. 2, 2018: $677.7k
Nov. 2, 2018: $659.6k

Jan 2, 2019: $631.2k

onlykelsey

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Re: Race from 500k to 1M!
« Reply #1002 on: January 02, 2019, 09:16:52 AM »
December 2013: 142K
December 2014: 231K (+89K year on year, although numbers back this far are a bit fuzzy because my old student loan providers have wonky websites)
December 2015: 326K (+185K year on year, including self-financed wedding and 60K assessment paid mostly in cash)
December 2016: 511K (+185K year on year)
December 2017: 698K (+187K year on year)
March 2018: 667K
June 2018: 689K
July 2018: 723K 
September 2018: 765K
October 2018: 721K. Down 44K this month. $1500 a day! Ooof.  I think I have invested about.... 100K this year (plus principal on my mortgage), and I have 23K of it to show. Condo valuation also went down a bit.
November 2018: 739K.  I have a 2K home expense and probably an 8K divorce retainer pending, but at least the market has recovered a bit.  I also have my annual bonus coming in a few weeks, so it shouldn't hurt too badly.
December 2018: 766K (+68K year on year).  Doesn't look bad, but I put 60K in the market this month, so it's not great. I paid that 8K divorce retainer, though!

SEAK

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Re: Race from 500k to 1M!
« Reply #1003 on: January 02, 2019, 10:54:38 AM »
We contributed $62k to our investments in 2018. Below numbers are our invested assets and do not include the value of our pensions, home equity, or the kids 529 plans. Glad we at least had a minor gain to our 'stache in 2018!

End 2015- $482k
End 2016- $628k
End 2017- $811k
End 2018- $813k

Should have contributions of around $65k in 2019, $70k if we can keep our costs down! Good luck to everyone in the New Year.


ToughMother

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Re: Race from 500k to 1M!
« Reply #1004 on: January 03, 2019, 07:49:20 PM »
Sheesh. What a finale to the year.  On this thread, I usually post an update when I hit another networth benchmark.  Evidently, to participate, I have to note the benchmarks in BOTH directions!

Hereís hoping to a better 2019 trajectory.

Net Worth Benchmarks
4/3/14     $430k (start tracking, thx MMM)
9/19/14    $500k
11/6/14    $550k
5/9/15     $600k
4/13/16    $650k
9/7/16     $700k
5/6/17     $750k
9/9/17     $800k
12/15/17   $850k
3/10/18    $900k
6/16/18    $950k
12/26/18   $900k


ScottsdaleSaver

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Re: Race from 500k to 1M!
« Reply #1005 on: January 04, 2019, 08:57:02 AM »
12/18 Update - $803K; $250K in home equity, $17K in cash, remainder in investments. Hurts to go down from prior quarters, but I'm still up ~$85K over last year, due to new contributions and an aggressive-ish mortgage paydown.

9/18 Update - $850K; $245K in home equity, $7K in cash, remainder investments. Up $180K YOY. I just turned 39 and would love to hit $1M by/during my 40th year. That's mostly up to stock market performance, so it's an arbitrary goal, but a fun one no less...


6/18 Update - $799K; $231K in home equity, $11K in cash, remainder in investments. Up ~$170K from when I first started tracking in earnest a year ago (I know, I know). So grateful for the inspiration from MMM and this community!

3/2018 Update - $756K; $222K in home equity, $5K in cash, remainder in investments. It's refreshing to see we're actually up in total over last quarter, although about half of it is home appreciation, which I consider total funny money as we have no plans to sell any time soon.

12/2017 Update - We hit a big milestone this quarter - over $500K in investments!
Current totals - $719K; $194K in home equity, $5K in cash, remainder in investments

9/2017 Update - $670K; $187K in home equity, $10K in cash, remainder in investments

Somewhat embarrassingly, I didn't starting keeping close tabs on my net worth until finding MMM this year. Thankfully, I didn't muck it up too bad up to this point, but I'm hoping to do even better now that I know better! So, let's start here...

6/2017 - $630K; ~$180K in home equity, ~$10K in cash, remainder in investments

talltexan

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Re: Race from 500k to 1M!
« Reply #1006 on: January 07, 2019, 08:37:28 AM »
I'm part of a group of people at work who post their ROR's on the 401K. no one was positive, most returns ranged from down 8% to down 3.8% during calendar year 2018.

Arbitrage

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Re: Race from 500k to 1M!
« Reply #1007 on: January 07, 2019, 08:46:46 AM »
I'm part of a group of people at work who post their ROR's on the 401K. no one was positive, most returns ranged from down 8% to down 3.8% during calendar year 2018.

Beat them all!  Down 9.3% per XIRR.  Wasn't a good year to be heavily into International Small Cap and Emerging Markets. 

letsdoit

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Re: Race from 500k to 1M!
« Reply #1008 on: January 09, 2019, 03:36:28 PM »
we invested 70 k this year! 

RWD

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Re: Race from 500k to 1M!
« Reply #1009 on: January 18, 2019, 02:56:02 PM »
Quarterly update:

10/1/2017 - 502k
1/1/2018 - 544k
4/1/2018 - 559k
7/1/2018 - 604k
10/1/2018 - 640k
1/1/2019 - 608k

My wife's retirement contributions for December had some hiccups and it took until today for me to get the final share prices. Net worth drop correlates with the stock market, as expected. Though we are already back up to ~640k since the first so it's hard to complain (too much).


2018 AUG:620k
2018 DEC:580k

Here is to a great 2019! We project saving much more due to my DW getting a huge promotion!
Looks like we increased our lead on you guys by about $8k last quarter. But with that promotion you could start catching back up. The race continues!

ToughMother

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Re: Race from 500k to 1M!
« Reply #1010 on: January 18, 2019, 07:44:03 PM »
Ok, back to an old benchmark.  Welcome back $950k.

Net Worth Benchmarks
4/3/14     $430k (start tracking, thx MMM)
9/19/14    $500k
11/6/14    $550k
5/9/15     $600k
4/13/16    $650k
9/7/16     $700k
5/6/17     $750k
9/9/17     $800k
12/15/17   $850k
3/10/18    $900k
6/16/18    $950k
12/26/18   $900k
1/10/19    $950k
« Last Edit: February 02, 2019, 08:41:23 AM by ToughMother »

OurTown

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Re: Race from 500k to 1M!
« Reply #1011 on: January 31, 2019, 06:04:18 AM »
6/1/17 = $500
7/1/17 = $508
8/1/17 = $518
9/1/17 = $523
10/1/17 = $543
11/1/17 = $550
12/1/17 = $558

1/1/18 = $580
2/1/18 = $593
3/1/18 = $589
4/1/18 = $587
5/1/18 = $603
6/1/18 = $617
7/1/18 = $612
8/1/18 = $623
9/1/18 = $639
10/1/18 = $644
11/1/18 = $622
12/1/18 = $636

1/1/19 = $630
2/1/19 = $664



winkleweizen

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Re: Race from 500k to 1M!
« Reply #1012 on: January 31, 2019, 06:23:18 AM »
1/1/18: 760K
2/1/18: 802K
3/1/18: 805K
4/1/18: 843K
5/1/18: 845K
6/1/18: 885K
7/1/18: 926K
8/1/18: 954K
9/1/18: 989k
10/1/18: 992K
11/1/18: 962k
12/1/18: 970k
1/1/19: 930K
2/1/19: 1013K.   Woohoo-made it!!! for now. 

2Birds1Stone

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Re: Race from 500k to 1M!
« Reply #1013 on: January 31, 2019, 09:33:50 AM »
Combined NW
08/1/2018 - $511,000
09/1/2018 - $519,000
10/1/2018 - $526,000
11/1/2018 - $511,000
12/1/2018 - $523,700
01/1/2019 - $515,100
02/1/2019 - $552,000

That bump was almost an entire year of expenses for us!
« Last Edit: January 31, 2019, 03:28:26 PM by 2Birds1Stone »

onlykelsey

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Re: Race from 500k to 1M!
« Reply #1014 on: January 31, 2019, 01:54:31 PM »
December 2013: 142K
December 2014: 231K (+89K year on year, although numbers back this far are a bit fuzzy because my old student loan providers have wonky websites)
December 2015: 326K (+185K year on year, including self-financed wedding and 60K assessment paid mostly in cash)
December 2016: 511K (+185K year on year)
December 2017: 698K (+187K year on year)
March 2018: 667K
June 2018: 689K
July 2018: 723K 
September 2018: 765K
December 2018: 766K (+68K year on year).  Doesn't look bad, but I put 60K in the market this month, so it's not great. I paid that 8K divorce retainer, though!
January 2019: 808K  Good but not great given the cash I've plowed in.  Oh, well.  On the horizon are potential home sale and relocation so it probably won't be a great six months.  I've been booking 50K in "home sale costs" which hopefully be roughly accurate.

I'm also going to take a probably significant pay cut, which will really slow my progress.  I'm trying to remind myself that the POINT of saving was to be able to down shift!

RWD

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Re: Race from 500k to 1M!
« Reply #1015 on: January 31, 2019, 03:06:33 PM »
2/1/19: 1013K.   Woohoo-made it!!! for now.
Congrats!

BriarRose111

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Re: Race from 500k to 1M!
« Reply #1016 on: January 31, 2019, 03:40:57 PM »
Month end update:

Liquid assets / Net worth

Jan 2018 $415.5K / $508K
Jun 2018  $518.8K / $578.4K
Jul  2018  $528.3K / $588.2K
Aug 2018  $543K  / $603.2K
Sep 2018  $548K / $608.6K
Oct 2018   $492.6K / $569.5K
Nov 2018   $502K / $585.3K
Dec 2018  $476.8K / $554K
Jan 2019   $509.1K / $587K

Nice to see the liquid NW back above the lower threshold.

Arbitrage

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Re: Race from 500k to 1M!
« Reply #1017 on: January 31, 2019, 08:24:41 PM »
Liquid NW / Total NW

1/1/16: $455k / 675k
1/1/17: $555k / 822k
1/1/18: $735k / 1.071M
5/17/18: $765k / 1.112M
6/29/18: $773k / 1.137M
7/31/18: $795k / 1.170M
8/31/18: $813k / 1.189M
9/29/18: $811k / 1.192M
11/1/18: $772k / 1.160M
12/1/18: $796k / 1.182M

1/1/19: $765k / 1.152M
2/1/19: $826k / 1.227M

TheAnonOne

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Re: Race from 500k to 1M!
« Reply #1018 on: January 31, 2019, 09:50:30 PM »
Returning to update . . .

2015 DEC:252k<- Crossed 250k
--
2016 JAN:260k(+8k)
2016 FEB:281k(+21k)
2016 MAR:285k(+4k)
2016 APR:298k(+13k)
2016 MAY:305k(+7k)
2016 JUN:307k(+2k)
2016 JUL:320k(+13k)
2016 AUG:326k(+6k)
2016 SEP:336k(+10k)
2016 OCT:337k(+1k)
2016 NOV:361k(+24k)
2016 DEC:368k(+7k)
--
2017 JAN:382k(+14k)
2017 FEB:403k(+21k)
2017 MAR:416k(+13k)
2017 APR:427k(+11k)
2017 MAY:436k(+9k)
2017 JUN:449k(+13k)
2017 JUL:464k(+15k)
2017 AUG:478k(+14k)
2017 SEPT:494k(+16k)
2017 OCT:510k(+16k) <- Crossed 500k
2017 NOV:523k(+13k)
2017 DEC:534k(+11k)
--
2018 JAN:558k(+24k)
2018 FEB:569k(+11k)
2018 MAR:560k(-9k)
2018 APR:574k(+14k/+5k)
2018 MAY:575k(+1k)
2018 JUNE:575k(+0k)
2018 JULY:599k(+24k)
2018 AUG:620k(+21k)
2018 SEPT:625k(+5k)
2018 OCT:597k(-28k)
2018 NOV:606k(+9k/-19k)
2018 DEC:580k(-26k/-45k)
--
2018 JAN:628k(+48k/+3k)

Woo! First new high since September. We made a whopping $48,000 improvement this month pushing us $3,000 over our previous high(in sept)


Trifele

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Re: Race from 500k to 1M!
« Reply #1019 on: February 01, 2019, 04:34:40 AM »
Tracking retirement accounts only, excludes house, cash, and 529s:

5/1/17 --    $631k     
6/1/17 --    $647k (+$16k)     
7/1/17 --    $655k (+$8k)   
8/1/17 --    $665k (+$10k)   
9/1/17 --    $672k (+$7k)   
10/1/17 --  $684k (+$12k)   
11/1/17 --  $702k (+$18k)
12/1/17 --  $724k (+$22k)

1/1/18  --   $731k (+$7k)
2/1/18  --   $761k (+$30k)
3/1/18  --   $737k (-$24k)
4/1/18 --    $731k (-$6k)
5/1/18 --    $738k (+$7k)
6/1/18 --    $747k (+$9k)
7/1/18 --    $744k (-$3k)
8/1/18 --    $761k (+$17k)
9/1/18 --    $776k (+$15k)
10/1/18 --  $776k (+$0)
11/1/18 --  $729k (-$37k)
12/1/18 --  $745k (+16k)

1/1/19 --    $703k (-$42k)
2/1/19 --    $751k (+$48k)

YoungGranny

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Re: Race from 500k to 1M!
« Reply #1020 on: February 01, 2019, 08:12:46 AM »


Dec. 2017: $502k
Jan. 2, 2018: $513.7k
Feb. 5, 2018: $539.9k
Mar. 5, 2018: $543.6k
Apr. 2, 2018: $557.6
Apr. 30, 2018: $574.5k
June 4, 2018: $616.2k
July 2, 2018: $623.4k
Aug. 1, 2018: $643.8k
Sep. 4, 2018:$670.2k
Oct. 2, 2018: $677.7k
Nov. 2, 2018: $659.6k
Jan 2, 2019: $631.2k


Feb 1, 2019: $659.1k - onwards and upwards!

neo von retorch

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Re: Race from 500k to 1M!
« Reply #1021 on: February 01, 2019, 08:31:16 AM »
Net Worth
Quote
1/31/2016:       $254,591
...
7/30/2018:       $486,199
8/31/2018:       $502,494 (+16,295)
9/30/2018:       $519,994 (+17,500)
10/31/2018:     $520,014 (+20)
11/30/2018:     $532,342 (+12,328)
12/31/2018:     $502,059 (-30,283)
1/31/2019:       $505,379 (+3,320)

Still in this race ;) Logging Q4 investment value changes puts me "back 4 months" but I own a lot more shares than I did back then, so I'm feeling OK about it!

No investment changes logged - that would make a big difference, but I do that quarterly. Had to make my last estimated quarterly tax payment as a contractor. Now I'm full-time - less pay. Things will be on a smaller scale, and growth will be a little slower. But overall everything will be a little smoother.

YellowCat

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Re: Race from 500k to 1M!
« Reply #1022 on: February 01, 2019, 07:31:25 PM »
Jan 2017: $444,411
Feb 2017: $466,365 (+$21,954)
Mar 2017: $473,859 (+$7,494)
Apr 2017: $496,610 (+$22,751)
May 2017: $509,180 (+$12,570)
Jun 2017: $522,280 (+$13,100)
Jul 2017: $539,829 (+$17,549)
Aug 2017: $547,156 (+$7,327)
Sept 2017: $568,755 (+$21,599)
Oct 2017: $588,681 (+$19,926)
Nov 2017: $612,643 (+$23,962)
Dec 2017: $628,029 (+$15,386)
--------------------------
Jan 2018: $664,203 (+$36,174)
Feb 2018: $662,419 (-$1,784)
Mar 2018: $667,963 (+$5,544)
Apr 2018: $687,251 (+$19,288)
May 2018: $713,039 (+$25,788)
Jun 2018: $719,898 (+$6,859)
Jul 2018: $749,307 (+$29,409)
Aug 2018: $777,551 (+28,244)
Sept 2018: $782,645 (+$5,094)
Oct 2018: $747,078 (-$35,567)
Nov 2018: $768,361 (+$21,283)
Dec 2018: $718,610 (-$49,751)
--------------------------
Jan 2019: $777,609 (+$58,999)

We're almost back to where we were last September, and up nearly $60k since this time last month.

gerardc

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Re: Race from 500k to 1M!
« Reply #1023 on: February 01, 2019, 09:41:36 PM »
Now at $754k all invested in stocks, it should be 1.5 years to $1M assuming %0 market return. I've only been working for 3 years, so it could be worse.

I think $1M is my number for quitting FT work; after that I'll try to reach $1.5M eventually by other means (lower spending, occasional work but no pressure/rush to get ahead, maybe business, completely different jobs, etc.).

I also recently made it to $1m NW. Around $1007k currently.

Zamboni

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Re: Race from 500k to 1M!
« Reply #1024 on: February 03, 2019, 10:18:48 AM »
Another Round of numbers for the end of the month . . .
Month Year: Investments
June 2017: 504K
July 2017: 523K
Add in home value - debts; net worth as second number:
Aug 2017: 533K / 666K
Sep 2017: 539K / 679K
Oct 2017: 551K / 698K
Nov 2017: 561K / 711K
Dec 2017: 569K / 724K
Jan 2018: 589K / 751K
Feb 2018: 577K / 741K
May 2018: 585K / 744K
July 2018: 600K / 763K
Aug 2018: 618K / 779K
Sept 2018: 621K / 795K
Oct 2018:  587K / 764K
Nov 2018: 599K / 778K
Dec 2018: 568K / 739K
Jan 2019: 607K / 767K

My life is so cushy now that I'm working from home for the next several months . . . I've hardly spent anything on gasoline.




skip207

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Re: Race from 500k to 1M!
« Reply #1025 on: February 03, 2019, 12:34:17 PM »
01/01/17 £374668
01/01/18 £497097
01/01/19 £547415
01/02/19 £561491

Roots&Wings

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Re: Race from 500k to 1M!
« Reply #1026 on: February 04, 2019, 06:29:18 AM »
Now at $754k all invested in stocks, it should be 1.5 years to $1M assuming %0 market return. I've only been working for 3 years, so it could be worse.

I think $1M is my number for quitting FT work; after that I'll try to reach $1.5M eventually by other means (lower spending, occasional work but no pressure/rush to get ahead, maybe business, completely different jobs, etc.).

I also recently made it to $1m NW. Around $1007k currently.

Fairly accurate prediction, congrats! If you're also quitting FT work, double congrats!!

Ladychips

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Re: Race from 500k to 1M!
« Reply #1027 on: February 04, 2019, 03:13:17 PM »


         Investments/cash     Net worth

5/18 - $503,164               $742,902
6/18 - $506,463               $747,871
7/18 - $520,768               $764,243
8/18 - $542,574               $787,745
9/18 - $541,489               $788,357
10/18 - $518,567             $766,694


skipped November (didn't want to see the ugly).  Did December only because it was year end (and saw the ugly)  Decided to show January.  Since I'm back in the club, I'm posting even though it's definitely not my high...


1/19 - $539,255           $792,981

FireHiker

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Re: Race from 500k to 1M!
« Reply #1028 on: February 05, 2019, 04:38:59 PM »
Well, it took me awhile to dig up my history here. 2018 sucked bad. Our stash numbers are in spite of adding $62,500 to our 401k's in 2018 between our maxed contributions (husband is 51 and gets catch up), company match. Oh well, we are staying the course, I just haven't been looking as often. Maybe 2019 will be the year, but it really depends on the market. We won't be adding anything more than 401k contributions and match this year because we start paying for college for kid #1 in the fall...

               Stash           Total NW including home equity
3/28/17:   667k           1.208M
4/28/17:   704k           1.193M
5/25/17:   716k           1.244M
6/27/17:   734k           1.284M
7/24/17:   752k           1.287M
8/24/17:   753k           1.303M
9/28/17:   783k           1.384M
10/31/17: 800k           1.411M
11/27/17: 821k           1.432M
12/26/17: 844k           1.452M
1/25/18:   890K           1.511M
2/27/18:   876k           1.512M
3/29/18:   854k           1.515M
5/1/18:     871k           1.542M
2/1/19:     898k           1.517M

tightwaddy

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Re: Race from 500k to 1M!
« Reply #1029 on: February 09, 2019, 05:55:19 AM »
Stash (NW):
April 9, 2016:  $319,737
April 16, 2017: $379,833

March 8, 2018: $500,818
March 30, 2018: $505,467 ($924,670)
April 30, 2018:  $510,215 ($937,731)
May 31, 2018: $514,410 ($950,830)
June 30, 2018 $525,227 ($964,045)
July 31, 2018: $535,419 ($984,617)
August 31, 2018: $557,743 ($1,011,442)
November 30, 2018: $543,559 ($1,012,390)
December 30, 2018: $543,647 ($1,013,883)
February 9, 2019: $571,129 ($1,095,782)

Real Estate is a bit nuts in my area & Zillow has my house up $50K, which I take with a 5-pound bag of salt.

drumstache

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Re: Race from 500k to 1M!
« Reply #1030 on: February 18, 2019, 11:14:07 AM »
New to the thread.  Unexpected inheritance is what pushed total Net Worth up the past 6 months. It's currently sitting in the cash/stash, will be moving into VSTAX.

Not counting value of house:
5/20/2016   INV-   $218,514      NW-   $328,980
7/17/2017   INV-   $306,386      NW-   $417,755
3/14/2018   INV-   $380,160      NW-   $467,160
8/08/2018   INV-   $423,708      NW-   $491,708
2/18/2019   INV-   $446,121      NW-   $581,759

ToughMother

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Re: Race from 500k to 1M!
« Reply #1031 on: February 19, 2019, 07:47:56 PM »
First time hitting a new benchmark -- joining those who hit $1M net worth in the last month.  Woo hoo and congrats to the others!

Net Worth Benchmarks
4/3/14     $430k (start tracking, thx MMM)
9/19/14    $500k
11/6/14    $550k
5/9/15     $600k
4/13/16    $650k
9/7/16     $700k
5/6/17     $750k
9/9/17     $800k
12/15/17   $850k
3/10/18    $900k
6/16/18    $950k
12/26/18   $900k
1/10/19    $950k
2/19/19    $1M !!!

winkleweizen

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Re: Race from 500k to 1M!
« Reply #1032 on: February 19, 2019, 10:58:32 PM »
congrats!

JGS1980

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Re: Race from 500k to 1M!
« Reply #1033 on: February 20, 2019, 06:14:41 AM »
Way to go TM!

Saskatchewstachian

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Re: Race from 500k to 1M!
« Reply #1034 on: February 20, 2019, 07:22:14 AM »
I guess it's time for me to join the club. I just crossed the 500k mark in Jan and am now enough above it that day to day fluctuations stay above 500k. Overall from 250k-500k I was able to cross it in 24months with an average increase of $10,300/month, my goal for 500k to 1M uses a similar rate to reach 1M in 46months. This would put my deadline at Dec 2022. When I first started on the MMM journey my goal was to have 1M by 35, this new timeline would mean I would hit my goal at 31 due to some good luck with compensation and OT as well as minimizing expenses.

I realize this is a slower rate when compounding is considered however with starting a family, DW dropping below fulltime and myself choosing to drop OT to spend more time with family I think it is still a lofty goal.

Date          NW
Dec-16     $243k
Jun-17     $308k
Dec-17      $388k
Jun-18      $445k
Dec-18      $479k
Jan-19      $501k

I look forward to joining you all in the race! Any others here just starting out or with an end of 2022 timeline to race against?

talltexan

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Re: Race from 500k to 1M!
« Reply #1035 on: February 20, 2019, 07:41:27 AM »
Congrats, ToughMother!

guelphinvestor

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Re: Race from 500k to 1M!
« Reply #1036 on: February 22, 2019, 09:45:09 AM »
I am back over a million again , 1,052,127.09

drumstache

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Re: Race from 500k to 1M!
« Reply #1037 on: February 22, 2019, 10:16:07 AM »

I look forward to joining you all in the race! Any others here just starting out or with an end of 2022 timeline to race against?

Hey Saskatchewstachian, I am new to this thread as well.  Hoping to hit 1M by 2022.
« Last Edit: February 22, 2019, 10:25:54 AM by drumstache »

ToughMother

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Re: Race from 500k to 1M!
« Reply #1038 on: February 23, 2019, 08:23:18 AM »
Thanks for the props, @talltexan  @JGS1980 @winkleweizen !!

When I started participating on this thread, we were just plugging away for a while.  Then we set our goal to be $1M in assets - hit that 11/22/17.  Next up was this recent milestone of $1M net work (2/19/19).  So, next up -- hitting $1M in investments.  So, here's the tracking data to get us started on that path.


date         NW        Investments
4/3/14     $430k         $225k
9/19/14    $500k         $275k
11/6/14    $550k         $300K
5/9/15     $600k         $341k
4/13/16    $650k         $375k
9/7/16     $700k         $410k
5/6/17     $750k         $674k (*I think I lost history on one of our accounts prior to this)
9/9/17     $800k         $717k
11/22/17   Assets hit $1M
12/15/17   $850k         $770K
3/10/18    $900k         $770k
6/16/18    $950k         $818k
12/26/18   $900k         $750k
1/10/19    $950k         $803k
2/19/19    $1M !!!       $856k

aceyou

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Re: Race from 500k to 1M!
« Reply #1039 on: February 23, 2019, 08:33:50 PM »
Alright, I'm joining the group. 

My net worth has been over 500k for a while, but only if you count the cash out value of my and my wife's pensions.  This is the first month we are worth a half million even without the pensions.  My wife(34) and I(35) are are both teachers, 55% ish savings rate.  Pensions will start paying out when we are 48, so the plan is to teach till then.  Fifteen year mortgage will be paid off when we are 47.  And whatever the stache is at that point, well than that's just what it is.  Here's the numbers:

February Net Worth Update

  • Stache went over 300k for the first time.
  • Net Worth not including the pension went over a half million for the first time...this is the one I'm most pumped about!
  • Net worth is just 6k away from reaching 700k.  If the market just stays flat I'll reach it next month.

Roth IRA     $111,858
Trad IRA     $188,680
Stache Total    $300,538
Pensions    $193,294
Life Insurance    $15,472
House Equity    $150,375
Cars    $7,700
Cash    $26,843
   
Net Worth    $694,222
Net Worth Without Pension    $500,928

% of NW   
Stache   43.3
Pension   27.8
House Equity   21.7
Cash   3.9
Life Insurance   2.2
Car Value   1.1
Total   100
   
Increase     $19,810

NinetyFour

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Re: Race from 500k to 1M!
« Reply #1040 on: February 24, 2019, 06:44:49 PM »
First time hitting a new benchmark -- joining those who hit $1M net worth in the last month.  Woo hoo and congrats to the others!

Net Worth Benchmarks
4/3/14     $430k (start tracking, thx MMM)
9/19/14    $500k
11/6/14    $550k
5/9/15     $600k
4/13/16    $650k
9/7/16     $700k
5/6/17     $750k
9/9/17     $800k
12/15/17   $850k
3/10/18    $900k
6/16/18    $950k
12/26/18   $900k
1/10/19    $950k
2/19/19    $1M !!!


YAYAYAYAY!!!!  A huge congrats to you!!  :)  Especially since you took the big pay cut in order to improve your quality of life.  You could have hit this milestone sooner in your previous soul-sucking job, but you made the wiser choice.....and you still got to the milestone!!  Very happy for you!  :)

CarolinaGirl

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Re: Race from 500k to 1M!
« Reply #1041 on: February 27, 2019, 01:09:23 PM »

I look forward to joining you all in the race! Any others here just starting out or with an end of 2022 timeline to race against?

Hey Saskatchewstachian, I am new to this thread as well.  Hoping to hit 1M by 2022.

Me too!  Would love to hit 1M by 2021 since Iíll be turning 50 but 2022 seems more likely.  Will be posting my numbers in the next couple of days.  So excited to join the club!

OurTown

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Re: Race from 500k to 1M!
« Reply #1042 on: February 28, 2019, 06:09:43 AM »
6/1/17 = $500
7/1/17 = $508
8/1/17 = $518
9/1/17 = $523
10/1/17 = $543
11/1/17 = $550
12/1/17 = $558

1/1/18 = $580
2/1/18 = $593
3/1/18 = $589
4/1/18 = $587
5/1/18 = $603
6/1/18 = $617
7/1/18 = $612
8/1/18 = $623
9/1/18 = $639
10/1/18 = $644
11/1/18 = $622
12/1/18 = $636

1/1/19 = $630
2/1/19 = $664
3/1/19 = $682

onlykelsey

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Re: Race from 500k to 1M!
« Reply #1043 on: February 28, 2019, 08:43:59 AM »
December 2013: 142K
December 2014: 231K (+89K year on year, although numbers back this far are a bit fuzzy because my old student loan providers have wonky websites)
December 2015: 326K (+185K year on year, including self-financed wedding and 60K assessment paid mostly in cash)
December 2016: 511K (+185K year on year)
December 2017: 698K (+187K year on year)
December 2018: 766K (+68K year on year).  Doesn't look bad, but I put 60K in the market this month, so it's not great. I paid that 8K divorce retainer, though!
January 2019: 808K  Good but not great given the cash I've plowed in.  Oh, well.  On the horizon are potential home sale and relocation so it probably won't be a great six months.  I've been booking 50K in "home sale costs" which hopefully be roughly accurate.  I'm also going to take a probably significant pay cut, which will really slow my progress.  I'm trying to remind myself that the POINT of saving was to be able to down shift!
February 2019: 821K (+13K this month)  Hoping the separation agreement will be final and I will have relocated in the next 60-90 days.  I'm sure I'll be hemorrhaging cash for a while, but hopefully worth it long term.

I have not run any rough numbers on taxes, but assume I will be in the hole this year as a dual income coastal HCOL professional.

skip207

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Re: Race from 500k to 1M!
« Reply #1044 on: February 28, 2019, 02:30:36 PM »
01/01/17 £374668
01/01/18 £497097
01/01/19 £547415
01/02/19 £561491
01/03/19 £568388

Slow month due to tax bill but upwards and onwards

CarolinaGirl

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Re: Race from 500k to 1M!
« Reply #1045 on: February 28, 2019, 04:22:42 PM »
Okay, so here are my numbers:

Date         NW        Investments
2/28/19    $722k    $508k

2Birds1Stone

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Re: Race from 500k to 1M!
« Reply #1046 on: February 28, 2019, 06:17:38 PM »
Combined NW
08/1/2018 - $511,000
09/1/2018 - $519,000
10/1/2018 - $526,000
11/1/2018 - $511,000
12/1/2018 - $523,700
01/1/2019 - $515,100
02/1/2019 - $552,000
03/1/2019 - $576,000

Trifele

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Re: Race from 500k to 1M!
« Reply #1047 on: March 01, 2019, 04:50:08 AM »
Tracking retirement accounts only, excludes house, cash, and 529s:

5/1/17 --    $631k     
6/1/17 --    $647k (+$16k)     
7/1/17 --    $655k (+$8k)   
8/1/17 --    $665k (+$10k)   
9/1/17 --    $672k (+$7k)   
10/1/17 --  $684k (+$12k)   
11/1/17 --  $702k (+$18k)
12/1/17 --  $724k (+$22k)

1/1/18  --   $731k (+$7k)
2/1/18  --   $761k (+$30k)
3/1/18  --   $737k (-$24k)
4/1/18 --    $731k (-$6k)
5/1/18 --    $738k (+$7k)
6/1/18 --    $747k (+$9k)
7/1/18 --    $744k (-$3k)
8/1/18 --    $761k (+$17k)
9/1/18 --    $776k (+$15k)
10/1/18 --  $776k (+$0)
11/1/18 --  $729k (-$37k)
12/1/18 --  $745k (+16k)

1/1/19 --    $703k (-$42k)
2/1/19 --    $751k (+$48k)
3/1/19 --    $769k (+$18k)

YellowCat

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Re: Race from 500k to 1M!
« Reply #1048 on: March 01, 2019, 05:03:32 AM »
Jan 2017: $444,411
Feb 2017: $466,365 (+$21,954)
Mar 2017: $473,859 (+$7,494)
Apr 2017: $496,610 (+$22,751)
May 2017: $509,180 (+$12,570)
Jun 2017: $522,280 (+$13,100)
Jul 2017: $539,829 (+$17,549)
Aug 2017: $547,156 (+$7,327)
Sept 2017: $568,755 (+$21,599)
Oct 2017: $588,681 (+$19,926)
Nov 2017: $612,643 (+$23,962)
Dec 2017: $628,029 (+$15,386)
--------------------------
Jan 2018: $664,203 (+$36,174)
Feb 2018: $662,419 (-$1,784)
Mar 2018: $667,963 (+$5,544)
Apr 2018: $687,251 (+$19,288)
May 2018: $713,039 (+$25,788)
Jun 2018: $719,898 (+$6,859)
Jul 2018: $749,307 (+$29,409)
Aug 2018: $777,551 (+28,244)
Sept 2018: $782,645 (+$5,094)
Oct 2018: $747,078 (-$35,567)
Nov 2018: $768,361 (+$21,283)
Dec 2018: $718,610 (-$49,751)
--------------------------
Jan 2019: $777,609 (+$58,999)
Feb 2019: $820,306 (+$42,697)

February ended up better than I expected.

JGS1980

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Re: Race from 500k to 1M!
« Reply #1049 on: March 01, 2019, 06:30:07 AM »
YellowCat -you went up 100K in 2 months? BadAss