Net worth increase 2022 (i.e. the 'present' you give yourself)

[trashtalk]

We're still updating the spreadsheet but broadly speaking we are up about $200k this year. We could have done better on savings rate but up is better than down so we'll take it.


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[Glenstache]

Not including buying a house this year in my numbers, I am at about half of my target stash as of this month. If I include home equity, I am well on my way. I have a low % rate on loan, so won't be prioritizing paying down mortgage in the near term unless I get an unexpected windfall that would make a significant dent in it (and yes, that would be mostly psychological rather than mathy).

[Retireatee1]

I'm in my 40's and have been doing the LBYM thing for over a decade.  For the past five years I've been using my own Retireator Excel spreadsheet (posted in this thread https://forum.mrmoneymustache.com/share-your-badassity/2020-retireator-released-(v0105)/) to do my early retirement planning.  I went back and looked at my future net worth predictions from the year 2015 and charted it against the real numbers.  Net worth is calculated by the Retireator to include savings and home equity minus debt and tax liability.  My predictions were slightly optimistic but tracked pretty well.  I've since revised my forecasts to be a bit more conservative.  The current Retireator prediction of my FI date is June 1, 2021.

[EngagedToFIRE]

2019 was a pretty darn great year!

[Simpli-Fi]

YES! it was...I was less than $8k shy of half a million increase, which is insane to me.

[PVD_Kev]

People are damn inspiring on here!  So, for posterity I did my best estimate of NW since discovering MMM in 2015.  The fact that I can actually go back and reliably track this information is itself a testament to the good ideas from MMM.

FWIW, I've been doing this as a recently (2014) divorced dad of two who had the kinds of expenses that no one preparing for FIRE would advise (child support, outfitting a new home, less control over kids expenses, etc).  DO NOT RECOMMEND!

Also note, I do not include the >$500,000 I have in 529 funds since it's the kids money and we are now withdrawing from it for college tuition. Lastly, also note that I did get re-married in 2018 and that she brought $40k (that's it...her first husband bankrupted them!).

July 2016:   $247,000
July 2017:   $319,000
July 2018:   $356,000
July 2019:   $432,000
July 2020:   $477,000?

Now that divorce-based expenses end in July 2020 I hope to get to $1m by 2025, or sooner.

[w@nker]

My best year yet for NW increase.  Up about $600k in 2019, and I now sit at just over $3 million.  Snowballing toward my $5 million fat FIRE, but I don’t trust the market from these levels.  Nevertheless, I stay fully invested because that is the way.

[StarBright]

I wasn't expecting much of an increase this year, since I quit my job in February and donated a decent chunk of money to charity. But sweet baby FSM did investment growth get my FIRE off to a great start. Net worth increased by $172,000. I never earned close to that amount in even my highest-income year.

That is so cool!

[Mrs. D.]

Up $80K for 2019. Record-breaking year for us! Hoping to top that in 2020.

[Elle 8]

Wow, how have I never noticed this thread before? Below is my year end Retirement Savings (rounded to $500), not net worth. Interesting how I skipped right over the 500Ks.  Add in my short-term savings, home equity minus mortgage, and some other small adjustments and my net worth right now looks like about 887K. I'll be a millionaire in no time!

2012 . 225,000
2013 . 240,000
2014 . 276,500
2015 . 324,000
2016 . 364,000
2017 . 453,000
2018 . 487,000
2019 . 608,500
NOW . 631,000

[Steveray7071]

109K gain for 2019!

[Spitfire]

I'll join, this is invested only (401k, Roth, Taxable):

2015: 184,891
2016: 238,968 (+29%)
2017: 325,950 (+36%)
2018: 359,485 (+10%)
2019: 525,556 (+46%)

Now if 2019 could happen a few more times in a row...

[terrifictim]

2016: 232K - Started tracking with Mint
2017: 320K (+88K) - Combination of some investing and some real estate appreciation. Had been doing good saving but only started to get serious about investing this year
2018: 534K (+214K) - Got married and combined assets. Started DINKING and really hitting the pre-tax accounts. Went from aggressively paying off mortgage to aggressively investing.
2019: 675K (+141K) - Starting to see investment accounts becoming signficant. DW went to part time.

The next few years will be interesting. Kid #1 is on the way so expecting lower jumps for a few years especially if DW becomes a SAHM.

[evanc]

So many inspiring stories. Here's mine:

16: 346,143
17: 397,687
18: 414,661
19: 600,400

And today I'm at 660~ plus 300 in home equity (not included in above figures), so 2020 is shaping up to be the year of officially becoming a net worth millionaire. If you had told me that a couple of years ago when I started this journey, I would have thought it impossible. So fortunate and thankful to have found MMM and all you mustachians. You all rock!

[Dicey]

Just put pencil to scratchpad. We flipped a house last year, so this number is unusually high. Our primary bank account + out primary investment account are up $562k over last year. There is other stuff, but I'm too gobsmacked to dig any further. Yowza!

[marty998]

Just put pencil to scratchpad. We flipped a house last year, so this number is unusually high. Our primary bank account + out primary investment account are up $562k over last year. There is other stuff, but I'm too gobsmacked to dig any further. Yowza!

Oh my god @Dicey that's freaking huge! Well done!

[eazyebeneezer]

Dec 2011: ~53k
Dec 2012: ~59k
Dec 2013: ~65k
Dec 2014: ~78k
Dec 2015: ~85k
Dec 2016: ~91k
Dec 2017: ~108k
Jan 2018: enter the Mustachian awakening
July 2018: ~145k

Thanks to MMM, the concept of net worth and how to save (and invest!) money finally sunk in for me this year. I was on a paltry savings rate, content that I was contributing to my teacher pension plan for the last ten years (11% of gross income). Then I realized how much better I could be doing. This year I'm on track to max out 403b, 457b, Roth IRA, and put substantial money in a 529 and a taxable account after that. Target is a 75% savings rate. It wasn't even hard to do given my lifestyle preferences. I was just woefully in the dark about how and where to save and invest. Long live MMM and the FI blogosphere!

Dec 2018: ~420k (got married and combined finances; I married well)
Dec 2019: ~600k

2020 is looking unlikely to see returns like last year (putting it mildly), but we are still in accumulation mode, so we won't stress over stock market gyrations. Our income hit its peak in 2019, and our savings rate was over 70%. We plan to continue at the same rate for at least a couple more years. The FI number isn't set in stone for us, as we have various options on the table about where we live, taking a sabbatical, etc. I do think that if the economy enters recession territory, this will be an instructive time for those of us who are newer to investing. Since I've only had serious money in the market for a few years, I'm used to seeing the number go in one direction- UP, BY A LOT. Getting used to lower (possibly flat or negative) returns will be an important step in getting comfortable with long-term investing, ignoring the sort term swings and trusting our asset allocation. Although I've read enough to know that this is part of the process, it's another thing altogether to watch it happen to your own portfolio. If anything, this motivates me to save more and not get complacent.

[bbqbonelesswing]

1/4/19: $46,197 NW
1/3/20: $89,902 NW

Increase: $43,705 or 95%

Let's go!

[Dicey]

Dec 2011: ~53k
Dec 2012: ~59k
Dec 2013: ~65k
Dec 2014: ~78k
Dec 2015: ~85k
Dec 2016: ~91k
Dec 2017: ~108k
Jan 2018: enter the Mustachian awakening
July 2018: ~145k

Thanks to MMM, the concept of net worth and how to save (and invest!) money finally sunk in for me this year. I was on a paltry savings rate, content that I was contributing to my teacher pension plan for the last ten years (11% of gross income). Then I realized how much better I could be doing. This year I'm on track to max out 403b, 457b, Roth IRA, and put substantial money in a 529 and a taxable account after that. Target is a 75% savings rate. It wasn't even hard to do given my lifestyle preferences. I was just woefully in the dark about how and where to save and invest. Long live MMM and the FI blogosphere!

Dec 2018: ~420k (got married and combined finances; I married well)
Dec 2019: ~600k

2020 is looking unlikely to see returns like last year (putting it mildly), but we are still in accumulation mode, so we won't stress over stock market gyrations. Our income hit its peak in 2019, and our savings rate was over 70%. We plan to continue at the same rate for at least a couple more years. The FI number isn't set in stone for us, as we have various options on the table about where we live, taking a sabbatical, etc. I do think that if the economy enters recession territory, this will be an instructive time for those of us who are newer to investing. Since I've only had serious money in the market for a few years, I'm used to seeing the number go in one direction- UP, BY A LOT. Getting used to lower (possibly flat or negative) returns will be an important step in getting comfortable with long-term investing, ignoring the sort term swings and trusting our asset allocation. Although I've read enough to know that this is part of the process, it's another thing altogether to watch it happen to your own portfolio. If anything, this motivates me to save more and not get complacent.

Shifting your focus to the number of shares owned solves this problem. When the market's down, shares accumulate faster. When the market rebounds, it's an incredible boost. #askmehowiknow

[BTDretire]

We are retired, but still have college kid expenses of about $90k plus our living expenses, we still managed an increase of $110,000.
More than we ever earned while working!

[SwordGuy]

Our net worth was up $181,232 for 2019.   Not bad for folks who aren't working for a living!

Net real estate gains based on Zillow values was $350.00.    The rest was the market.

As of 2/28/2020, the last time I checked, we were only up $96,345 since 12/31/2018.   

Also not bad for people who aren't working for a living!  :)

I suppose with the current market gains we're not up quite as much.   

Not particularly worried  since I just got a $24k a year raise by going on social security in January of 2020.

We're about to refinance our new house if we can get lower terms at a low closing cost.    We'll be selling off 3 houses this year which will drop our annual expenses by about $30,000, which is more than the raise we got this year by me going on social security.   

Not only that, but we expect to cut our mortgage balance by 50% to 75% this year, depending on how the house sales go.   We should have it paid off in 2 to 3 years which will drop our annual expenses by another $20,000.   Or, if the market drops big time we'll funnel those housing sale funds into the market and make even more money when the market rebounds.

Some of y'all used to make a bit of good-hearted fun at me for over-engineering our retirement plans.  :)   But this is why.   I just don't have to sweat about this stuff because I know we'll have enough for us and our mentally handicapped daughter regardless. 

[marty998]

I'm going to have to change this thread to Net worth decrease 2020 (i.e. the 'present' taken away from yourself).

[G-dog]

I'm going to have to change this thread to Net worth decrease 2020 (i.e. the 'present' taken away from yourself).

Maybe, but imagine where we would be if we hadn’t been working on building our NW.  Watching somewhat theoretical numbers go up is nice, but now the rubber hits the road. We are playing the long game.  Stay safe @marty998

[Dicey]

I'm going to have to change this thread to Net worth decrease 2020 (i.e. the 'present' taken away from yourself).

Bwahahahahaha!   Ouch!

[Zaga]

That's why I try to track how much I saved, not just the actual net worth increase.  We've had 2 years now with no increase, but we did invest nicely during those years.

[TempusFugit]

+245K in CY 2019

As Ender noted above, the December correction (nearly a bear) makes this year's numbers look better than they would otherwise.  But I'll take it.

aaaand gone.   But you know that's actually comforting.  Easy come easy go, right? I'm down ~265K from peak (so far)and that's ok.  It's comforting because this was only a little over a year ago.  I certainly didn't feel 'poor' before I gained that 265K, so I don't feel poor now. I'm still pretty darn rich. 

[EscapeVelocity2020]

+245K in CY 2019

As Ender noted above, the December correction (nearly a bear) makes this year's numbers look better than they would otherwise.  But I'll take it.

aaaand gone.   But you know that's actually comforting.  Easy come easy go, right? I'm down ~265K from peak (so far)and that's ok.  It's comforting because this was only a little over a year ago.  I certainly didn't feel 'poor' before I gained that 265K, so I don't feel poor now. I'm still pretty darn rich.

so apropos - https://youtu.be/-DT7bX-B1Mg

[marty998]

I'm going to have to change this thread to Net worth decrease 2020 (i.e. the 'present' taken away from yourself).

Bwahahahahaha!   Ouch!

Eh - my net worth is only down 3% on account of some dumbshit lucky market timing. But if the property market tanks then I'll be joining in the party :)

[ysette9]

We haven't updated the spreadsheet in a few weeks but it is looking like we are down $500k from our high water mark. oof.

[OurTown]

Looks like about -$95,000.  So far.

[Zaga]

-105K, that's bigger than our largest single year increase so far.  Have rebalanced twice.

[Apple_Tango]

-$30,000 from the highest point! However, in my vanguard account, still over half of the value is just  gains made from 2009-present. Still a much better return than putting it under the mattress :)

[OtherJen]

We were down $25K as of last Friday. I haven't wanted to look since. I actually started laughing when I opened Quicken because it just adds to the insanity of the current global situation.

[soccerluvof4]

Down 467k from the highs as of this morning from the highs.

[2Birds1Stone]

Down about $150k since mid February.....yikes! Thats 5 years of living expenses for our household.

[DaMa]

Down $115k since 1/1/2020.  And I'm not worried.  This is the greatest feeling in the world.  Thank you MMM community!

[MM_MG]

Calling the decrease already?   Haha!

This will be an interesting thread to watch this year.

No real reaction to the drop for us.  Feel bad for all those that recently retired, or were close to retiring and had not planned for this type of event.   

[maginvizIZ]

Down $60k since 1/1/2020. Fuck that hurts.

I'm still in accumulation phase and I think my job is fairly secure.... I'm panic buying stocks... But I'd be a liar if I said it didn't hurt a little bit.

[DadJokes]

Investment balance on 1/1/20: $80,418
Added to investments: $11,744
Investment balance on 4/1/20: $74,853
Losses: $17,309

C'est la vie

[foghorn]

Down just over $430,000 between 1/1/20 and today (4/4/20).  Ugh - that hurts to write.

[facepalm]

I'm down about 50K. Meh

I think my tolerance for risk is higher than I assumed. I just look at that number and think it could have been way worse. I'm five years out from retiring, so looks like it's time to start shopping the sales.

[marty998]

Calling the decrease already?   Haha!

This will be an interesting thread to watch this year.

Pestilence is not easily defeated.

Only those whose 'stache's' are in the very early phase will likely see an increase this year.

[Dicey]

This is not something I believe to be true, nor anything I would disclose IRL, so I'll share it here. Zillow has a "service" that pings you when your property values change. At the crack of dawn on Friday, I got a ping that our primary home in our HCOLA had increased in value by $260k. That's about what I'm guessing our investment accounts are down, but I'm not looking. So, according to the infallible algorithms employed by Zillow, it's a wash, as far as total net worth goes. Hahahahaha...

[frogstomp81]

Down 140k in 2020 so far.

[G-dog]

Down. ALOT. About 30+%.

Easy come and all that.

[SwordGuy]

We're fluctuating between $200,000 and $270,000 down from the start of the year.  1% up or down in the S&P 500 index gives roughly a $10K change.  That's handy 'cause I can know about where we are without having to actually check our balances, all I have to do is check the S&P 500 YTD %.

[FIreDrill]

We are down about 24K YTD or -4.3%.  The portfolio is mostly vtsax but we have added a lot to it this year so far.  Buy the dip ride the rip right?

[Dicey]

This is not something I believe to be true, nor anything I would disclose IRL, so I'll share it here. Zillow has a "service" that pings you when your property values change. At the crack of dawn on Friday, I got a ping that our primary home in our HCOLA had increased in value by $260k. That's about what I'm guessing our investment accounts are down, but I'm not looking. So, according to the infallible algorithms employed by Zillow, it's a wash, as far as total net worth goes. Hahahahaha...

More fun and games.  Zillow is sill standing by the new Zestimate and our investments are down just 10%. We're sitting on a fat cash cushion, so our "actual" NW loss is less than 10%. Interestingly, Redfin's guess is 300k below Zillow's Zestimate. My answer is who knows, who cares? We're fine, even if our NW is in flux. MPP for sure.

[Gerard]

I'm actually about even for the year, because I'm stupid. I had a bunch of cash not invested. So my investments lost ground, then I bought meh ETFs at the bottom of the trough, and the rebounded value of those has made up for my losses on the original investments (which are also recovering ground).

Yay for stupid!

[Gardo]

I bought a nice  tube-based amplifier for my 2009 Gibson SG.