Author Topic: Net worth increase 2022 (i.e. the 'present' you give yourself)  (Read 421101 times)

dandarc

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1500 on: December 31, 2021, 11:14:39 AM »
NW since first posting in this thread:

Dec 2013 - $210K
Dec 2014 - $327K
Dec 2015 - $422K
Dec 2016 - $523K
Feb 2018 - $643K
Jan 2019 - $666K
Jan 2020 - $851K
Jan 2021 - $1,061K
Jan 2022 - $1,274K

Market continues to do the heavy lifting.

rebel_quietude

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1501 on: December 31, 2021, 12:08:34 PM »
2017: NW grew + 123,302, including 40k in contributions
2018: NW grew + 22, 942  / 61k in contributions
2019: NW grew +245,568 / 63k in contributions
2020: NW grew +193,504 / 51k in contributions
2021: NW grew +248,847 / 47k in contributions

It's amazing to see the increasing lack of correlation between contributions and growth.  Geeze.

Happy new year, everyone!

zygote

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1502 on: December 31, 2021, 02:57:33 PM »
My net worth is my emergency fund, the cash I keep on hand for basic expenses, and my retirement accounts. I rent, so no mortgage or home value to consider.

12/17: $44k
12/18: $70k (+$26k)
12/19: $118k (+$48k)
12/20: $192k (+$74k)
12/21: $266k (+$74k)

I contributed about $38k this year, so the rest is gains! Really happy with how far I've come in just 4 years.





Longwaytogo

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1503 on: December 31, 2021, 02:58:54 PM »
Man, seeing some of theses huge increases sure makes me wish I had more invested during this awesome decade of returns. On the bright side we only had ~$22,000 in retirement accounts in 2013 and we have about $220K now so a 10 time increase.

We also paid off/rolled into mortgage about $100K of Credit card debt and I was a SAHD from 2012- late 2016. Next 10 years should be even better with both my wife and I's salary's increasing and having some money invested and less debt.

Dec 31, 2012  -($33,302)
Dec 31, 2013 -($20,162)    +13,140
Dec 31, 2014    $15,333      +35,495
Dec 31, 2015    $38,330     +22,997
Dec 31, 2016    $62,995     +24,665
Dec 31, 2017   $106,827     +43,833
Dec 31, 2018    $138,312    +31,484
Dec 31, 2019   $196,500     +58,189
Dec 29, 2020  $254,500      +58,000

Dec 28, 2021 - $327,000    +72,500

Really picking up steam now :) This was our best year yet despite remodeling a bathroom and spending 50 nights on vacation!!

If we can average say ~$60K increases next 12-13 years we should be a little over a million NW by the time DW's pension hits.  With her pension covering ~50% of our spend that million should do it!!

Sailor Sam

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #1504 on: December 31, 2021, 03:23:29 PM »
I want to play!

31 Dec 2010: $85,203
31 Dec 2011: $106,303   (Δ $21,100)
31 Dec 2012: $144,111   (Δ $37,808)
31 Dec 2013: $212,510   (Δ $68,399)
31 Dec 2014: $264,836   (Δ $52,326)
31 Dec 2015: $299,579   (Δ $34,743)
31 Dec 2016: $371,611   (Δ $72,032)
31 Dec 2017: $496,452   (Δ $124,841)
31 Dec 2018: $528,285   (Δ $31,833)
31 Dec 2019: $706,933   (Δ $178,648)
31 Dec 2020: $914,880   (Δ $207,947)

31 Dec 2021: $1,135,245  (Δ $220,365)

I saved $27,144, and the rest is holy shit cats market growth. Golden handcuffs still firmly clamped.

Sandi_k

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1505 on: December 31, 2021, 03:40:03 PM »
My calcs show a NW increase of $595k in 2021.

- $136k increase in our portfolio, year-over-year. Only $16k was contributions.
- $22k increase in home equity via paid-down principal, and $100k increase in value.
- $325k increase in lump-sum pension value.

Jan. 1, 2019: $2.3M
Jan. 1, 2020: $2.75M
Jan. 1, 2021: $3.1M
Jan. 1, 2022: $3.695M

Note that half of that NW is in the form of the lump sum cash value of a defined benefit pension.

SimpleCycle

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Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #1506 on: December 31, 2021, 08:34:53 PM »
December '12 - $161,110
December '13 - $225,147 ($64,037, 40%)
December '14 - $261,912 ($36,765, 16%)
December '15 - $272,926 ($11,014, 4%, ouch)
December '16 - $371,957 ($99,031, 36%)
December '17 - $528,534 ($156,577, 42%)

December '12 doesn't have home equity and we sold the house and rented in '13, so that's where that jump came from.  For '16 and '17 I've included very conservative estimates of home equity.

December '18 - $651,778 ($123,244, 23%)

We did well on contributions, but our conservative estimate of home equity is down and investments were a mixed bag.

December '19 - $799,312 ($147,534, 23%)

We're up more than that for the year, because I reported last December before the year end dip.  It's amazing to look back and see all the progress we've made.

December '20 - $1,115,691 ($316,379, 40%)

We broke the million mark through a combination of aggressive contributions and market gains.

December '21 - $1,443,453 ($327,762, 29%)

McStache

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1507 on: December 31, 2021, 08:45:05 PM »
2013 - $10k?
2014 - $49k
2015 - $101k
2016 - $180k
2017 - $288k
2018 - $318k
2019 - $442k
2020 - $575k
2021 - $775k

The market made more than I contributed this year (again) - 92k me + 108k market = 200k total

boarder42

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1508 on: December 31, 2021, 08:53:08 PM »
463k. Good year.

Holocene

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1509 on: December 31, 2021, 09:44:47 PM »
Liquid Assets only (no home equity)
2013: 154k
2014: 222k
2015: 275k
2016: 366k
2017: 483k
2018: 712k (Inherited an IRA worth ~$200k at market lows in Dec 2018)
2019: 974k
2020: 1.2M
2021: 1.51M

Another ridiculous year.  This shit really works!  I'm well past my FI number now.  I wanted to get there on my own without including the inheritance so now I've way over saved.  The inherited IRA is my extra safety margin but I see a lot more charitable donations in my future especially if the market keeps growing nearly 30% a year!  Planning to RE in a few months.

Happy New Year everyone and congrats all on your progress in 2021!

NotJen

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1510 on: January 01, 2022, 06:09:01 AM »
Year End          NW            NW change
  2014     $   426,858.76   
  2015     $   480,051.14     $  53,192
  2016     $   573,296.77     $  93,246
  2017     $   738,621.46     $165,325
  2018     $   765,895.59     $  27,274
  2019     $1,007,273.79     $241,378
  2020     $1,205,500.96     $198,227
  2021     $1,469,460.06     $263,959

Highest increase ever!  $75k of that was from my home sale (way underestimated in my tracking).  Otherwise it was all market gains since I made a whopping $8k this year.


RobertFromTX

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1511 on: January 01, 2022, 06:43:26 AM »
+$108,000

37, on gross annual income of $94,000.

SpareChange

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #1512 on: January 01, 2022, 09:03:19 AM »
EOY    Networth (US$)   
2011    -50k           
2012    -41k           
2013    -10k           
2014     33,726       
2015     90,497       
2016     146,590     
2017     224,985
2018     282,015
2019     381,913
2020     495,309
2021     591,399

Up 96,090. Not as good as last year, but no complaints here. The machine keeps humming along. Fuller 2021 picture:

Added approx $37/mon to SS at 62, or approx $64/mon at 70.
Increased pto bank by 34 hours to 514.
Averaged 27.37 hrs/wk at work.

$20,850.40 spent
$41,110.06 saved
56.2% of gross income saved.
66.3% of net income saved.

Congrats on all the wonderful progress! Happy New Year to everyone!

Chrissy

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #1513 on: January 01, 2022, 09:09:47 AM »
2015:  $604k
2016:  $724k
2017:  $860k
2018:  $900k
2019:  $977k
2020:  $1.180M
2021:  $1.618M

That's $323k of growth in savings & investments and $20k in additional home appreciation; plus, an $90k family loan was forgiven, and we received an unexpected $5k gift.

johndoe

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1514 on: January 01, 2022, 09:59:03 AM »
I thought it might be interesting to see (graphically) everyone who posted values recently.  You should be able to edit the Y axis range to see how your progress compares to others:

https://docs.google.com/spreadsheets/d/1QLc_BgAkKqj3kIj_JYo8Sf_7XRotWfYx-7p9-W4HMRY/edit?usp=sharing

turns out @givemesunshine is my twin!

G-dog

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1515 on: January 01, 2022, 10:03:51 AM »
ALL NW numbers exclude house value (house is paid off)
End 2013: about $822000
End 2014: about $1015000 -> Change: about $193000
    Finally did some work to update my tracking sheets I just started this year. The above does not include house in the total
12/6/16: about $1,125,000
FIREd 7/2/2015
12/20/16: about $1,150,000
12/30/17: about $1,333,000  - Using the actual numbers - up about $184K in 2017
12/31/18: about 1,260,000 - DOWN about $73K in 2018
12/19/19: about 1,600,000* - UP about $340K* (amplified by the dip at the end of 2018)
UP about $510K* since retiring.
**12/31/19: about $1,620,000 - crazy.
** updated due to market move. And I discovered an error in my spreadsheet such that one account wasn’t included in my total.
1/1/2021: $1,933,000 - WUT? 
-  Up about $313K
-  Up over $820K since retiring 7/2015

UPDATE 2021:
  Well, the market giveth, and the market GIVETH EVEN MORE!
12/31/21: : $2,317,000 - UP $384K.  Money has more than doubled since I have retired.  Go little green soldiers, GO!

SaucyAussie

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1516 on: January 01, 2022, 10:27:48 AM »
I thought it might be interesting to see (graphically) everyone who posted values recently.  You should be able to edit the Y axis range to see how your progress compares to others:

https://docs.google.com/spreadsheets/d/1QLc_BgAkKqj3kIj_JYo8Sf_7XRotWfYx-7p9-W4HMRY/edit?usp=sharing

turns out @givemesunshine is my twin!

Very cool!  I found my twin with 2Birds1Stone.

Wile E. Coyote

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #1517 on: January 01, 2022, 11:24:37 AM »
I little over 200k over the last 12 months.

Not quite as good this year at $180k. Saved more, but my investments didn't do nearly as well.

Up a ridiculous $660K this year, but a lot of that is inflated Zillow values.  Investments were up $241K.

Down about $50K this year, mostly due to the Zillow value of my home becoming more reasonable.  I left my full-time job and started a new venture in February 2017, so I wasn't saving nearly as much as before.  Investments were up $192K.

I've been away for a while so I missed a few years.  Over these last few years, the Zillow value of my home (which I know isn't really accurate anyway) has come down to a more normal level.  The rest of the changes are from investments. 2018 was flat as I drew out some of my investment gains for the year as I was still in the early stages of a new venture (the rest of my investment gains helped to offset the decrease in Zillow "value" of my home).  2019 things started to pick up so investment gains of $140K were able to accumulate without much drawdown.  2020 was really a good year with an increase of $410K as I was able to start adding to my investments again and the market reached new highs. Here's to 2021!

2021 was another good year financially.  Sticking with Zillow values (which I think are quite high) to be consistent with prior updates, total increase was $791K.  Excluding equity in our home, the increase was $560K.  Really mind boggling!

Exflyboy

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1518 on: January 01, 2022, 11:48:10 AM »
Added $425k this year to exit at $3.1M liquid.

(not counting paid off house and about $40k/year in pensions if we drew on them).

Guessing at value of house and total value of pensions gives us a "funny money" networth of $4.4M.
« Last Edit: January 01, 2022, 11:59:02 AM by Exflyboy »

SanDiegoFIhopeful

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Re: Net worth increase 2019 (i.e. the 'present' you give yourself)
« Reply #1519 on: January 01, 2022, 11:52:19 AM »
Jan 1, 2019: $419k ($284k in investments, $135k in home equity)
Jan 1, 2020: $654k ($434k in investments, $220k in home equity)
Jan 1, 2021: $1,016k ($751k in investments, $265k in home equity)
Jan 1, 2022: $1,447k ($947k in investments, $500k in home equity using a 5% discount from the avg of Zillow & Redfin's estimates for my house)

Change of $431k or 42%. Need a 38% increase to hit 2mm this year. Seems highly unlikely but will give it our best!

Jan 1, 2019: $419k ($284k in investments, $135k in home equity)
Jan 1, 2020: $654k ($434k in investments, $220k in home equity)
Jan 1, 2021: $1,016k ($751k in investments, $265k in home equity)

Change of $361k or 55%. Holy moly, I didn't realize that in the last week of the year we crossed the $1mm threshold!


Jan 1, 2019: $419k ($284k in investments, $135k in home equity)
Jan 1, 2020: $654k ($434k in investments, $220k in home equity)

Change of $235k or 56%. This was by far our best year from an income and savings standpoint. This also encouraged me to move from being a lurker on here to actually participating :)

In our investments, we saved $78k, or 35% of our net income (take home pay, then adding back 401k contributions). We maxed out two 401k accounts, one HSA, and an ESPP. We also had an overly concentrated stock portfolio due to DW's company stock RSUs that vested during the year, and ESPP stock that we were holding until we could sell for long term cap gains tax. While I thought the company was undervalued at the beginning of the year, I didn't expect a ~60% increase in 2019, which was by far the biggest driver of our investment account increase. Finally, we refinanced our mortgage after some renovations (paid for by selling some of the company stock), so we saw a large jump in value that will not be repeated (I will just keep my appraisal value as the home value until a sale/refinancing event in the future).

I am beyond pumped, but trying to stay realistic. We are extremely unlikely to get even half as lucky in 2020, but are aiming to make up for some of that by increasing to a 45% savings rate.

chasesfish

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1520 on: January 01, 2022, 12:07:57 PM »
I'm pretty excited about 2021, I had a decent bond allocation, boomer stocks, and have been a net withdrawal scenario since retiring in early 2019.  Here is the progression:

2011:  $323
2012:  $470
2013:  $716
2014:  $894
2015:  $1,019
2016:  $1,208
2017:  $1,519
2018:  $1,640
2019:  $2,046
2020:  $2,081  (not the smoothest ride!)
2021:  $2,655

Almost 2/3rds of the way to the next million!

samanil

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1521 on: January 01, 2022, 12:14:47 PM »
Happy New Year everyone! Those are some damn impressive numbers.

Jan 1 2021 - ~50k
Jan 1 2022 - 139k (growth 89k)

2021 was my first year of applying Mustachianism. Seeing as my net worth almost tripled, I am pleased with the results, to put it lightly, especially since I have a modest income. Simply cannot wait to see this unfold.

Exflyboy

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1522 on: January 01, 2022, 12:23:41 PM »
Happy New Year everyone! Those are some damn impressive numbers.

Jan 1 2021 - ~50k
Jan 1 2022 - 139k (growth 89k)

2021 was my first year of applying Mustachianism. Seeing as my net worth almost tripled, I am pleased with the results, to put it lightly, especially since I have a modest income. Simply cannot wait to see this unfold.

Oh yeah you are in for some eye opening numbers. It won't always go straight up, heck some years it will go down.. but over the next decade you re likely to be impressed.

I have friends who started this journey 5 years ago and today hit $700k.. They have decent incomes but not huge by any stretch.

Blissful Biker

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1523 on: January 01, 2022, 12:39:11 PM »
TNW increase of $626K CDN ($495K USD) in 2021!  Comprised of:
  • $68K in savings
  • $219K in inheritance & one-off income
  • $189K in market growth
  • $150K jump in our home property valuation (word seems to be out that our small mountain town is idyllic)
That's by far our largest annual increase and I am grateful to be in an excellent position to FIRE in a few months.

TempusFugit

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1524 on: January 01, 2022, 12:57:42 PM »
+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.

Looks like CY 2020 is pretty much the same as 2019, with about +240K to the TNW. 

About 60K of that is contributions by me and my employer, so once again the stash has made more money for me this year than employment. Even if I include my employer sponsored health insurance, my little green workers still made more money this year than I did from working.  That's pretty cool.  It doesn't always work out that way, of course (looking at you, 2017).   
 

CY 2021 is in the books and the YoY increase was $316K.  Pretty sweet. 

~$65K of that was contributions.


beantown

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1525 on: January 01, 2022, 02:08:35 PM »
12/31/2015 ~ -$51K
12/31/2016 - $16K
12/31/2017 - $98K
12/31/2018 - $221K (included SO’s net worth starting this year - about $40K)
12/31/2019 - $328K
12/31/2020 - $456K
12/31/2021 - $587K

Good net worth year despite having the lowest savings rate in the last 6 years due to adding a child

marty998

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Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #1526 on: January 01, 2022, 05:34:36 PM »
2012 - $295k
2013 - $419k
2014 - $534k
2015 - $713k
2016 - $897k
2017 - $1,082k
2018 - $1,176k
2019 - $1,330k
2020 - $1,588k

2021 - $1,958k (+$370k)

Scarcely believable - growth of over $1,000 a day this year! Spread across a general combination of everything - shares, property, superannuation and debt repayments.

It is tempting to start extrapolating out to see where the growth and compounding will take this number in the next 10 years.

Many of the FIREd contributors on this forum have seen their 'staches grow wildly since ER'ing. And personally I've seen the same with my parents (a normal R), despite them significantly increasing their spending since retiring.

It makes sense - if your withdrawal rate is 4% and the market grows at 7%, and if you've got a reasonably safe amount of leverage, then you're going to end up in a very nice place indeed.
« Last Edit: January 08, 2023, 04:55:25 AM by marty998 »

G-dog

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1527 on: January 01, 2022, 05:44:17 PM »
Quote
Scarcely believable - growth of over $1,000 a day this year! Spread across a general combination of everything - shares, property, superannuation and debt repayments.

My gawd, I hadn’t thought about it this way before. I had similar growth.

Freedomin5

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1528 on: January 01, 2022, 06:03:09 PM »
+306k for us. Not bad since DH went on sabbatical in July and we went down to one income for half a year.

DavidAnnArbor

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1529 on: January 01, 2022, 06:21:57 PM »
 761,025   2012
921,833     2013
1,041,652  2014
1,057,308  2015
1,220,721  2016
1,514,360  2017
1,486,906  2018
1,876,021  2019
2,118,259  2020
2,649,324  2021

Just financial assets, exclude real estate which is probably 1/2 million in equity.
« Last Edit: January 01, 2022, 06:24:15 PM by DavidAnnArbor »

Apples

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #1530 on: January 01, 2022, 06:33:08 PM »
December 2013:    $43,800
December 2014:    $70,200  (up $26,400)
December 2015:  $107,700  (up $37,500)
December 2016:  $153,950  (up $46,250)
December 2017:  $219,525  (up $65,575)
December 2018:  $272,446  (up $52,921)
December 2019:  $370,526  (up $98,080)

We bought my grandparents' farm at the beginning of 2020.  I was correct in predicting, in my old post in 2019, that the transaction costs and interest we would pay the first year would put a damper on net worth growth.  Hopefully just for one year.  That turned out to be true, and I was too sad to post an update here a year ago.  So here's two years at once, and buying the farm was worth it.  (note, we track the farm loans on our personal balance sheet, but not the income/expenses, so when the farm has income to pay down its loans, our NW suddenly jumps up)

December 2020:  $392,251  (up  $21,725) lowest increase since I graduated college and we got married.  Long slog of a year.
December 2021:  $606,664  (up $214,413) 

Well, that turned around!  The farm had a decent year and we had the opportunity to pay down some loans.  Our net worth is above the amount of our outstanding debt again, which always makes me feel better.  $58,300 of it was contributions.  $94,500 of it came from the farm.  The remaining $61,600 was gains in the stock market and appreciation of farm value.  Damn, that's amazing.  I don't expect a repeat of this next year, due to some farm stuff.

fraylock

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1531 on: January 01, 2022, 06:46:52 PM »
Jan 2019: 150k
Jan 2020: 368k (+218k)
Jan 2021:624k (+256k)
Jan 2022: 1,050k (+426k)

Grateful for the FI community; so much still to learn.  Hoping to downshift soon.

bmjohnson35

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1532 on: January 02, 2022, 12:06:28 AM »

Our NW increased 13.5% in 2021.

Nate R

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1533 on: January 02, 2022, 12:23:15 PM »
End of 2013: 27K
End of 2014: 41K
End of 2015: 78K
End of 2016: 120K
End of 2017: 199K
End of 2018: 241K
End of 2019: 315K   
End of 2020: 386K
End of 2021: 493K -- Increase of 107K or 27%.

Not bad at all this year! Increased our overall debt level and still did OK here.  18x the NW we had 8 years ago.... wow!

Bateaux

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1534 on: January 02, 2022, 12:42:14 PM »
Our net worth excluding any real estate, gained  $1450 a day in 2021.  Never thought it was possible.  I'm expecting about $750 a day in the future with average gains of 7 or 8 percent.

Jaayse

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Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #1535 on: January 02, 2022, 07:09:20 PM »
Investments only, solo journey (so far)

January 2015          80500                          (Late 2015 I bought my condo with 30k down, no condo worth is included so that disappeared)
January 2016          112500          +32000
January 2017          142500          +30000   (I found MMM in January 2017 while on another deployment)
January 2018          232000          +89500   (End of first year with MMM, was promoted on January 1st 2017 to a higher paygrade which helped)
January 2019          356500        +124500   (Sale of condo +60k, total of 144k invested)
January 2020          500000        +143500   (Change of location significantly decreased income by almost 28k)
January 2021          660000        +160000   
January 2022          861000        +201000   

I spent an extra $3,600 this year compared to last year for a total of almost $28,800, my biggest category increases were rent (+700), travel (+700 trip home and family wedding vs nothing in 2020), entertainment (+500), pet (+1200 due to terminal cancer and adopting a new pet) and clothes (+600 for the wedding and I barely bought any in 2020).  Some other categories went down, but I expect rent to increase by a lot over the next year and some other expenses to decrease, so hopefully I can continue to keep expenses below 30k.

hydra

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1536 on: January 02, 2022, 07:53:25 PM »
Started the year at $3,518,306 and ended at $4,441,984, for an increase of $923,678. If this keeps up, we will be on our way to Fatfire, though our tastes and lifestyle are chubby.

EscapeVelocity2020

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1537 on: January 02, 2022, 08:17:22 PM »
2021 was great for me monetarily like many other Mustachians, but my kids are probably going to struggle more than I did at their age trying to afford their first homes (since prices on existing homes are up 10 - 20% and new supply is severely constrained)...  Glad I can help then with down-payments I guess, but makes me worry about those similarly caring parents that can't. 

A 2021 replay cannot be sustainable nor a situation anyone should be satisfied with...

Abe

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1538 on: January 02, 2022, 08:47:29 PM »
2021 was great for me monetarily like many other Mustachians, but my kids are probably going to struggle more than I did at their age trying to afford their first homes (since prices on existing homes are up 10 - 20% and new supply is severely constrained)...  Glad I can help then with down-payments I guess, but makes me worry about those similarly caring parents that can't. 

A 2021 replay cannot be sustainable nor a situation anyone should be satisfied with...

I agree...even here it's a bit nuts. (Not as bad as CA was, but that's a low bar.) Barring some catastrophe they'd have our house (we have just one kid), but the property taxes alone will require a substantial income. Whether they can sell it at that point is a bit of a gamble. Maybe better to downsize at a reasonable age so they're used to living with less...

Gatzbie

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1539 on: January 03, 2022, 01:37:52 AM »
12/31/2019 -- $126,169.78
12/31/2020 -- $214,245.98
12/31/2021 -- $334k

Added for fun:


https://docs.google.com/spreadsheets/d/1QLc_BgAkKqj3kIj_JYo8Sf_7XRotWfYx-7p9-W4HMRY/edit?usp=sharing


I wonder what 2022 will bring. Will see!

« Last Edit: January 03, 2022, 01:55:09 AM by Gatzbie »

Turtle

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1540 on: January 03, 2022, 07:31:56 AM »
Retirement and Investment accounts increase for the last three years, rounded to the nearest K

2019     135K
2020       88K
2021     139K (plus or minus market fluctuation this week)

Included in that increase is maxing out my 40lk contributions each year.  That is the only cash I've been putting in recently - no additional savings outside that for the past 3 years.

Primary residence (mortgaged) and paid off vehicle not included.

Market fluctuation ended the year up 146K.  (Which is the amount I paid for my first house.  Crazy.)

My little green soldiers again made more money than I did this year.  Stash is not yet to the point of counting on that, but it's great when it happens!
« Last Edit: January 03, 2022, 08:39:43 AM by Turtle »

mbk

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1541 on: January 03, 2022, 07:53:46 AM »
YearNet worthDelta
2015152,80030,800
2016189,00036,200
2017219,90030,900
2018230,60010,600
2019331,500100,900
2020430,80099,300
2021640,600209,900

My net worth increased by more than $200k, which is much higher than my salary. I contributed approximately $30k to the retirement accounts. The rest is market gains and property appreciation.

EscapeVelocity2020

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1542 on: January 03, 2022, 08:24:12 AM »
Speaking of increases and salary…. I wonder what my salary increase will be in 2022?  With the stock market paying so well and inflation picking up, I’m excited to see what employers have to offer!  If I’m disappointed, maybe I’ll give them a soft ER message and see what happens LOL

gooki

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1543 on: January 03, 2022, 11:40:21 AM »
Time to share mine.

2019 - 450k - hit our lean FIRE figure.

2020 - 600k - I went back to work for 9 months as I was concerned about a COVID market drop. TSLA growth helped out a lot.

2021 - 976k - one more year syndrome kicked in so I did another 9 month contract, wife had 4 months off between jobs, but my investments have been doing all the heavy lifting.

Now I'm close enough to our fat FIRE number that I should be able to avoid the temptation to return to work in 2022.

minority_finance_mo

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Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #1544 on: January 03, 2022, 11:47:46 AM »
Dec 2014: $554
Dec 2015: $32.2K
Dec 2016: $100.7K
Dec 2017: $149.6K

Somehow I managed to make more and save less in 2017. Hoping to reverse that savings trend in 2018.
December 2018: $208K.

Did manage to increase net worth more in 2018 than 2017 - about ~58K. Goal next year is to get back in the 70-80K range. Will check back in a year.

Unfortunately, didn't hit the 70-80K goal, but I did break the quarter-mill mark last year! Currently sitting at $264K in net-assets.

2021 has been an absolute whirlwind of a year. Despite the pandemic, a cut in my income for almost half of the year, and a lack of my usual bonus, I was able to save/earn more from investments this year than I ever have in my life.

I'm ending 2020 with $424K in net assets - that's an increase of $160K in assets from the same time last year. That just feels like an absolutely unbelievable amount - I'm still in shock about how that has happened. I'm looking back at my investment contributions over the course of the last year, and I can account for ~$75K in contributions that I've made. It's possible that I've added another ~$10K or so in my cash savings. That leaves around $75K in pure investment earnings --  I'm a bit incredulous that I could make that much in investment returns, given the size of my portfolio, but my investment account summaries tend to point to a similar sum. I'm incredibly grateful for that growth and hope it will continue in the future.

To sum up, here is a summary of my financial journey to date:
Dec 2014: $554
Dec 2015: $32.2K (+31K)
Dec 2016: $100.7K (+68.5K)
Dec 2017: $149.6K (+48.9K)
Dec 2018: $208K (+58.4K)
Dec 2019: $264K (+56K)
Dec 2020: $424K (+160K)

My goal for 2021 will be to 1) cross the half-million mark in net assets and 2) match my contributions in 2020 of $85,000.

Dec 2021: $562,477 (+$138K)

Can I be honest? I truly don't know how this has happened. But I'm grateful and frankly humbled.

I hit the first goal above, but not the second. Ran into some slight hiccups between Hurricane Ira and a bigger-than-expected tax liability, but still immensely grateful for the progress.

This next year, my goal will be to 1) contribute at least $90,000 in savings (though I'm hoping it'll be closer to $95,000), and 2) hit my giving goal of $45,000 across personal and tax-deductible charity.

hoosier

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1545 on: January 03, 2022, 12:12:27 PM »
Jan 1 Balances

2014 - 238K
2015 - 264K
2016 - 292K
2017 - 394K
2018 - 511K
2019 - 519K
2020 - 753K
2021 - 957K
2022 - 1,254K


Simpli-Fi

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1546 on: January 03, 2022, 10:15:59 PM »
Quote
Scarcely believable - growth of over $1,000 a day this year! Spread across a general combination of everything - shares, property, superannuation and debt repayments.

My gawd, I hadn’t thought about it this way before. I had similar growth.
2021 Net worth increase $1985/day...saved 38% of my w2 income (12% tax bracket); which is the lowest it's been since about 2006.  This should push me closer to quitting Evil Corp, but all I think is...this can't be good, top in?  bubble about to burst? 

2022 is my 20 year anniversary of investing...but I've only started paying attention about 7-8 years ago.

JAYSLOL

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JAYSLOL

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1548 on: January 03, 2022, 10:27:58 PM »
End 2017 @ $64k
2018 +$18k  NW $82k @ end of 2018
2019 +$30k  NW $112k @ end of 2019
2020 +$16k  NW $128 @ end of 2020
2021 +$35k  NW $163 @ end of 2021

New record gain for this year, would love to say it was all savings but the market really helped.  Goal for 2022 is to save $100/day or $36,500 for the year plus or minus any market activity.  Not going to be easy, it would put us pretty much right at a 50% savings rate after tax.  Wish me luck!

$100 a day is a cool goal!!!

Might steal that one myself. I think if I count principal paydown on the mortgage and retirement I could maybe hit it

Good luck, you can do it.

Thanks!  I think I can can do it too, but it’s going to take me getting off my ass a bit more and putting some real work and planning in

startingsmall

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1549 on: January 04, 2022, 08:26:01 AM »
December 1, 2015 - NW $178k
December 1, 2016 - NW $247k (increase $69k)
December 1, 2017 - NW $323k (increase $76k)
December 1, 2018 - NW $391k (increase $68k)
December 1, 2019 - NW $495k (increase $104k)
Jan 1, 2021 - NW $610k (increase $115k)
Jan 1, 2022 - NW $892k (increase $282k)

A good chunk of this year's increase is home equity, because I'm in an area where property values are going especially crazy. Even if I eliminate home equity/mortgage, though, we're still up $131k from last year. Not too shabby!