The Money Mustache Community
General Discussion => Share Your Badassity => Topic started by: Tyson on December 02, 2017, 12:04:53 PM
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Wow, I never thought I'd see this day. Assets have hit a million dollars. Of course, I also have $349k in liabilities (the mortgage), but it still feels pretty damn good. Here's the screenshot:
(http://i2.photobucket.com/albums/y10/tyort1/Screen%20Shot%202017-12-02%20at%2011.00.08%20AM.png)
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Awesome!! We are pretty close to that. I'm holding out hope we can make the net worth of $1M for my 40th birthday. 3 years to go.
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Wow, I never thought I'd see this day. Assets have hit a million dollars. Of course, I also have $349k in liabilities (the mortgage), but it still feels pretty damn good. Here's the screenshot:
Congratulations! How old are you?
I'm hoping to join 2 commas club in 5 years.
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Nice work. I'm hoping to join you within the year!
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Congrats! its nice to see that number isnt it!?!!!
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Terrific. I'm sure you'll find it much easier to get to 1mm net worth.
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Thanks all! I'm 45, and was a bad saver most of my life. Since I found MMM I've been dumping as much money into the market as I could, at the same time our house value went up like crazy. That's about it. Simple, just like MMM said it would be. The actual breakdown is:
$356k - Investments (VTSAX mostly).
$640k - Home value
-$349k - Mortgage
I want to get investments up to a million and then maybe pay off the house completely. We'll see what happens over the next few years. So far it's been a great ride.
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This is funny: we just hit a big milestone - our FI number, actually - and I took a screenshot of the Quicken display and stored it in our pictures for 2017! It was kind of odd, this was a milestone which meant a great deal to me, since I've been working towards it for years, and it didn't make my spouse happy at all, whereas I was very happy for a full day. Maybe because the market is so fickle ...
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I would look more at net worth considering much of your assets are owned by the bank.
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Congrats! We reached our target after many years of savings. Feels good!
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I also hit it a few days ago. But I got there 11 years (in age) after you did, tyort, so I'm super impressed that you got there at such a young age. Great job!!