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

[Zoot]

December 2014:  $696K
December 2015:  $761K
December 2016:  $878K

Wow--how is that even possible?  But there it is in black and white in my spreadsheet, so it must be true.  :)

2017 hasn't officially closed yet, but I wanted to go ahead and update (note: numbers include home equity):

December 2014:  $  696K
December 2015:  $  761K
December 2016:  $  878K
December 2017:  $1,056K

It boggles my mind that our NW increased $178K last year--more than our entire year's post-tax household income--in a year where we sank roughly $40K into getting a house ready for sale and doing renovations on the new house we bought.  Roughly $56K of the increase was 401(k)/Roth contributions and company match, but sheesh, that still leaves $122K in increase coming from investments.

If you'd asked me ten years ago, or even five years ago, if I thought I'd ever be a millionaire, I'd have laughed in your face.  And yet here we are!

[marty998]

I am kinda all over the place but this includes a lot of investing in 2017 hence the drop in net worth.

2011 -16K
2012  3.5K
2013  33K
2014  17.5K
2015  41K
2016  104.5K
2017  85K

I'm curious how investing brought you NW down. It should be up, so what are you investing in?

I bought a duplex and reno'ed the kitchen.  The house cost 10K cash out of pocket, then the reno cost a total of 14 (would have been cheaper, but tools are something one needs to do the job).  So that is the bulk of the decrease there and a large portion of my company investments have not vested yet, so they dont show up on my mint.  If that did then I would have about 14K more in there.

Why do a renovation then if it doesn't increase the value of your property? Assuming it is worth more after the reno, shouldn't your equity in the property (and net worth) have increased?

[valk001]

I am kinda all over the place but this includes a lot of investing in 2017 hence the drop in net worth.

2011 -16K
2012  3.5K
2013  33K
2014  17.5K
2015  41K
2016  104.5K
2017  85K

I'm curious how investing brought you NW down. It should be up, so what are you investing in?

I bought a duplex and reno'ed the kitchen.  The house cost 10K cash out of pocket, then the reno cost a total of 14 (would have been cheaper, but tools are something one needs to do the job).  So that is the bulk of the decrease there and a large portion of my company investments have not vested yet, so they dont show up on my mint.  If that did then I would have about 14K more in there.

Why do a renovation then if it doesn't increase the value of your property? Assuming it is worth more after the reno, shouldn't your equity in the property (and net worth) have increased?

It did, (cause any thing would, the kitchen was bad) but I have not had it reassessed.  I used a VA loan with 0 down so I have very little equity in the property. 

[BobTheBuilder]

First business did not work out in 2014, got my degree in 2014. Started ph.d position on Jan 1st 2015 with 22€ cash left at the end of the month.

Jan 2015: NW -20,643€
Dec 2015: NW -16,794€
Dec 2016: NW -11,676€
Dec 2017: NW -4,484€

Hoping for a "positive" 2018 :-D

[merlin7676]

Well I came late to the party.  Only found MMM about 3 years ago. Was pretty good money-wise and not spendypants (well I was compared to people on here but not most people "out there").
But I still learned a lot about reducing spending and up savings.  Made big gains in 2017 due to the market and paying off all my debt in 2016.

This is only savings, 401K, index fund, IRA...don't include my house as I don't consider it an asset until I sell it.

12/24/15  $46292.52
12/23/16  $80288.06
12/23/17  $128286.70

[Suit]

Dec 2014: approx -12,308 (found MMM Feb 2014)
Dec 2015: 31,308
Dec 2016: 95,640
Dec 2017: 182,961

Gave myself a big present this year! This was my highest income year ever, I paid down student loans and the stock market gains have been a big help.

[minority_finance_mo]

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.

[sisto]

I am kinda all over the place but this includes a lot of investing in 2017 hence the drop in net worth.

2011 -16K
2012  3.5K
2013  33K
2014  17.5K
2015  41K
2016  104.5K
2017  85K

I'm curious how investing brought you NW down. It should be up, so what are you investing in?

I bought a duplex and reno'ed the kitchen.  The house cost 10K cash out of pocket, then the reno cost a total of 14 (would have been cheaper, but tools are something one needs to do the job).  So that is the bulk of the decrease there and a large portion of my company investments have not vested yet, so they dont show up on my mint.  If that did then I would have about 14K more in there.

So real estate investments, that makes sense. You should turn that around in no time.

[valk001]

I am kinda all over the place but this includes a lot of investing in 2017 hence the drop in net worth.

2011 -16K
2012  3.5K
2013  33K
2014  17.5K
2015  41K
2016  104.5K
2017  85K

I'm curious how investing brought you NW down. It should be up, so what are you investing in?

I bought a duplex and reno'ed the kitchen.  The house cost 10K cash out of pocket, then the reno cost a total of 14 (would have been cheaper, but tools are something one needs to do the job).  So that is the bulk of the decrease there and a large portion of my company investments have not vested yet, so they dont show up on my mint.  If that did then I would have about 14K more in there.

So real estate investments, that makes sense. You should turn that around in no time.

Fingers are crossed on that one.  I am excited that I dont have to fund a reno any more.  So I should be seeing those gains in 2018.
Here is to another year of growth!

[Roots&Wings]

Fun way to close out the year, and to see compounding at work.

2012:  $219k  (salary $78k)
2013:  $315k  (salary $75k)
2014:  $420k  (salary $80k)
2015:  $475k  (salary $86k)
2016:  $601k  (salary $90k) - hit $500k in April

Financial goals: a paid off house + $1.3M stash to support a conservative 3% withdrawal rate via ~75% savings rate, 90/10 asset allocation.

Looking at 6-10 years out. Spent $20.5k in 2016. My FIRE budget ($36k) has a substantial cushion because of unknown health care costs, and other fluff that could be cut if necessary. To many here, this is irrationally conservative...and reckless to many Bogleheads :)

Onwards and enjoy!

2017: $754k

[Rhoon]

Lots of work done to shore up the finances, thanks to everyone here who helped us along the way:

We're up 93.5% from Dec 2016 to Dec 2017.

As a percentage, Equity in our house was nearly 50% of the Dec 2016 number. In Dec 2017, Equity of our house is only 8%. So we've seen a monstrous shift of assets away from physical property to cash.

Also as a percentage, in 2016, our non-mortgage debt was 65% of our Dec 2016 assets.
In 2017, this is down to 9%, which represents our car @ 0% interest (We traded out of a punch-me-in-the-face $55K truck @ $750/mo @ 4% interest, for a simple sedan (ford fusion) @ $378/mo with 0% interest).

[boarder42]

205k or approximately 33% increase. Will hit the double comma club with a similar increase in 2018. Hoping by my 32 bday in November.

[Lordy]

With the December pay-check cashing yesterday, my numbers are now complete:

2017: 384K
2016: 308K
2015: 255K
2014: 209K
2013: 166K
2012: 149K
2011: 137K
2010: 126K

As you can see, 2017 was the best year so far. I hope this trend continues :-)

[Chrissy]

I'm loving this thread!

2015:  $604k
2016:  $724k (+$124k)
2017:  $860k (+$136k)

[Wintergreen78]

End of 2016: $689,000
As of last week: $829,000

A combination of aggressive saving and ridiculous returns meant my net worth went up by more than my gross salary for the year.

[EscapeVelocity2020]

2017 was a present that was unexpected.  I never would've guessed that the YAT (Year after Trump) could be anything but moderating and misery, but it was financially kind to me and all of my family.  Maybe we are rich enough for it to continue for the foreseeable future, since the mortgage / bankruptcy king is in charge?  These are the questions that plague me from all sides.  It's not like I want to join Mar-a-lago - although I could afford to and might actually be a smart investment given the flexibility of our current President.

I do hate the idea that 2017 made individuals like Eric, Donald Jr., Jared Kushner, and Ivanka more economically powerful and influential in the US.

But, on net worth terms, a good year, soon to be followed by better years!  Cheers Mustachians!

(Edit to add:  +450k)

[Exflyboy]

I hate it when somebody as vile and disgusting as Trump makes me money!

About +340k for 2017...

[Runner77]

$253k increase based on an opening balance of $1.125m and an ending balance of $1.378m. Breakdown of the $253k increase:

Employer Contributions: $19,963 (8%)
My Contributions: $65,183 (26%)
Earnings: $168,106 (66%)
  * Asset allocation of 56% S&P 500, 26% stable value and 18% international

[SwordGuy]

$244,000 improvement in net worth, most of which was market earnings, followed by new investments and finally by removing all debt but our home mortgage.

[Superman]

2016 - $1,460,216
2017 - $1,756,306

[Nate R]

End of 2013: 27K
End of 2014: 41K
End of 2015: 78K
End of 2016: 120K
End of 2017: 199K

Difference: + 79K / 65%

Changes this year: Sold our original single family home. Bought in 2006 for 52K, put 20K+ in improvements in before it became a rental for us in 2013, and sold this November for 43K. Ended up having to bring 8K to closing after putting in another 3K in repairs this year. Ouch! Glad we didn't spend more in 2006! Upside is I'll have losses that will reduce my taxes for a few years to come! (Limited to 3K/year, can carry forward)

Had a chimney rebuilt in our duplex we live in, that was $3K.

Went back to school to get my Associate's degree, getting my employer to pay for the bulk of it. But it will still cost me a few K by the time I'm done.

Had trees on our 4 acre recreation property thinned. That brought in about $6K, but we spent that on getting a shed put in, and having some cleanup work done after the logging.

Overall, other than the house repairs/closing costs, no huge expenses this year. Getting rid of the house was expensive, but a big mental weight gone, too. 2018: Starting some projects on our duplex (Lots of deferred maintenance to catch up on, some from us, mostly from previous owners.) Other than that, continuing saving to build an off-grid cabin on our 4 acre land, continuing school, and continuing to add to the 401ks.

Extremely happy with the progress this year. Our financial house is in better shape and less total debt, so even if the market gains were erased, we're in a better spot than 1 year ago!

[G-dog]

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 (the value of which is not going to change drastically).

I was pleasantly surprised with the net change for 2014!

12/6/16: about $1,125,000 (excluding house)
FIREd 7/2/15

12/20/16: about $1,150,000 (excluding house)
12/30/17: about $1,333,000 (excluding house)
       Using the actual numbers - up about $184K in 2017. 

[McStache]

2013 - $10,000? (records aren't great back then)
2014 - $49,193
2015 - $101,290
2016 - $179,734
2017 - $287,830

Whoa! >$100K increase in one year! That's about $70K in savings and $30K in gains.

[Jim Fiction]

2016 - $(8,578)
2017 - $23,350

Change of $31,927. In the process I paid of $18,500 in debt (only $15,622 to go!). All told it was a pretty good year!

[NinetyFour]

My NW went up $171,341 this year.  And my main job only paid me ~$80K gross.  My rental income mostly paid my mortgage, and I had $17K in side-gig income.  Still.  Jeepers.

[Exflyboy]

My NW went up $171,341 this year.  And my main job only paid me ~$80K gross.  My rental income mostly paid my mortgage, and I had $17K in side-gig income.  Still.  Jeepers.

Niiice.. Still quitting in 2018?

[NinetyFour]

My NW went up $171,341 this year.  And my main job only paid me ~$80K gross.  My rental income mostly paid my mortgage, and I had $17K in side-gig income.  Still.  Jeepers.

Niiice.. Still quitting in 2018?

Yes--very definitely.  No turning back now, even if I wanted to, as I signed paperwork for the Voluntary Separation Incentive Payout, which I will receive on 6/30/18.  My last day of classes will be on April 19.....109 days from now.  :)

[AllTheLights]

Changes in NW by year (not total NW):
2013: +$29,300
2014: +$28,700
2015: +$40,900
2016: +$69,800

2017: +76,000

Although it doesn't look like much more than 2016, 2017 was my most successful year for increasing my savings by far.  Part of the issue with those numbers is that they include property value increases which can distort the facts a little bit.  If I take property value out out of the equation and just focus on cash and investment assets, my numbers would be:

2013: +$29k (saving diligently for downpayment on house)
2014: -$7k (bought a house, probably spent too much money on household things and improvements)
2015: +$19k (stopped the spend and got refocused thanks to this blog and others about half way through the year)
2016: +$37k (first full year post house purchase, more focused on saving)
2017: +$69k (increased salary, investments actually providing a return in a significant way, feels like hypedrive compared to previous years)

[Exflyboy]

My NW went up $171,341 this year.  And my main job only paid me ~$80K gross.  My rental income mostly paid my mortgage, and I had $17K in side-gig income.  Still.  Jeepers.

Niiice.. Still quitting in 2018?

Yes--very definitely.  No turning back now, even if I wanted to, as I signed paperwork for the Voluntary Separation Incentive Payout, which I will receive on 6/30/18.  My last day of classes will be on April 19.....109 days from now.  :)

Awesome..:)

[Ocinfo]

$150k increase with around $60k as investment gains. Had an unusual year with lower than planned contributions so very happy with the gains. Aiming for at least another $150k increase next year if market returns are around average. Really crazy how quickly NW goes up when market does well and you invest ~$100k per year.


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[warehouse]

12/31/14   $176,682
12/31/15   $194,077
12/31/16   $240,276
12/30/17   $321,091

This doesn't include any equity in our house, just retirement and cash accounts only. My year end goal was $300k, hit that in September! This seems too easy... I hope I don't lose my mind when a correction comes.

[salt cured]

Congratulations everyone. Here's our recorded progress. Our 2015 was actually pretty decent, but we took over $25k in debt from my in-laws. I also got a job that summer (though my wife became unemployed), which has really propelled us these last few years. Hoping to hit $750k this time next year.

12/31/13   $180,500
12/31/14   $228,200
12/31/15   $254,200
12/31/16   $374,800
12/31/17   $566,000

[Rubyvroom]

* Dec 2014 - 12% of target stash
* Dec 2015 - 15% of target stash
* Dec 2016 - 25% of target stash

We found MMM in summer 2016, so the "stash" concept did not exist for us in 2014 or 2015, hence the lackluster improvement from 2014 to 2015. With just a half year of deliberate savings in 2016, we are now 1/4 of the way to our goal. I'm hoping 2017 will be a big year for us, with a full year of MMM mindset under our belts.

And a big year it was. We managed to pull off a 63% savings rate this year. Huzzah.

* Dec 2017 - 42% of target stash

[MilesTeg]

16: 558k
17: 711K (+153k)

This will sound boastful but actually a disappointing year. Lots of money spent on new house and general spendy pants stuff. ~25k shortfall on cash savings. That said, made more than that in house appreciation so we're fine with it.

[ND]

Net worth started at around $200k in February, now around $290k.

It's been interesting keeping track of my expenses for the first time ever.
Current savings rate: ~57%
Yearly expenses: ~$20k,  $2k of which is taken up by travel (mostly hotels).

I opened up my first credit card this year around the same time I found out about FI.  My goal for next year is to sign up for my second credit card and hopefully get some nice travel rewards bonuses out of it, and also spend more nights camping instead of staying in hotels.

I've also been focusing on eating out less, about once a week now compared to... umm, literally every meal. *blushes*

[plainjane]

I've also been focusing on eating out less, about once a week now compared to... umm, literally every meal. *blushes*

That's a huge change to maintain. Congratulations on the improvement.

[marty998]

Net worth started at around $200k in February, now around $290k.

It's been interesting keeping track of my expenses for the first time ever.
Current savings rate: ~57%
Yearly expenses: ~$20k,  $2k of which is taken up by travel (mostly hotels).

I opened up my first credit card this year around the same time I found out about FI.  My goal for next year is to sign up for my second credit card and hopefully get some nice travel rewards bonuses out of it, and also spend more nights camping instead of staying in hotels.

I've also been focusing on eating out less, about once a week now compared to... umm, literally every meal. *blushes*

Being very generous and calling it $10 a meal... that's well over $10,000 a year on eating out :O

Can confirm camping is a whole lot of fun. Especially when there's no TV /phone reception and it's just you and the starry starry night.

[Bateaux]

Finally have a number.  $341,722 increase in investments.   $1,866,807 total in invested assets and no debt.  We got paid off real estate.   It's worth something so net worth crested 2MM this year.

[ND]

Net worth started at around $200k in February, now around $290k.

It's been interesting keeping track of my expenses for the first time ever.
Current savings rate: ~57%
Yearly expenses: ~$20k,  $2k of which is taken up by travel (mostly hotels).

I opened up my first credit card this year around the same time I found out about FI.  My goal for next year is to sign up for my second credit card and hopefully get some nice travel rewards bonuses out of it, and also spend more nights camping instead of staying in hotels.

I've also been focusing on eating out less, about once a week now compared to... umm, literally every meal. *blushes*

Being very generous and calling it $10 a meal... that's well over $10,000 a year on eating out :O

Can confirm camping is a whole lot of fun. Especially when there's no TV /phone reception and it's just you and the starry starry night.

I thought I wouldn't have much historical data to go on, but it turns out I do still have all of my bank transactions for the ~250 days preceding my discovery of FI.  My spending during that time averages out to ~$25,300 a year.  Food makes up almost all of the difference, I'm sure of it. lol

I still spend more than necessary on groceries, too.  There's definitely still room for improvement.

[BrokenBiscuits]

Uk based so numbers are in gbp

Dec 2013 NW 68k
Dec 2014 NW 82.5k (14.5k / 21.32%)
Dec 2015 NW 110k   (27.5k / 33.33%)
Dec 2016 NW 142k  (32k / 29.09%)
Dec 2017 NW 165k  (23k/ 16.19%)

Dec 2018 NW 190k stretching target.

Just shy of 100k in the 4 years I have been recording. I’ll admit I’ve not been as focused for 2017 and so will try to push on a bit more with 2018 and go for 25k.

From the numbers, looking in from the outside, 25k looks easy as I already achieved more in previous years but in 2015 I got a redundancy payout and 2016 I lived like a monk! So 25k will be a stretching target and will need the markets to continue to be kind to us all.

Wishing you all a successful 2018.

[CorpRaider]

Great job everyone!  I added ~ $75K.

[Adge]

My goal for 2017 was to double my net worth, and I ended up doing even a bit better :) Because I was starting low, this is probably the only year I will actually DOUBLE my net worth so I'm celebrating!

2016 year end: $16,400
2017 year end: $34,700

That's $18k saved on a salary of $41k a year gross, I'm very pleased with my progress! I expect to earn the same next year and maintain similar expenses, so without any significant downfalls I should clear $50k by the end of 2018. At 31 with those numbers I'm obviously not a candidate for extreme RE, but I should be well-set to cut back on fulltime work long before 67.

[kissthesky]

I finished my end of month/year financial reporting wrap-up yesterday and somehow didn't even look at the NW increase. Seeing it now - guess I have been good this year! NW increase was an insane 210k. This really is the best present.

2017: 672k
2016: 462k
2015: 307k
2014: 229k
2013: 132k
2012: 70k
2011: 41k
2010: 4k

[Cherry Lane]

I'm up 13% in 2016, leaving me only $6k short of my "bare-bones" FI target and $206k short of "comfortable" FI.  Planning to RE in 15 months, when I expect to be somewhere in between those numbers.

What a year!  Reached "comfortable FI" a few months early.  I'm up ~15% in 2017, leaving me at 100.7% of my target #.  My 2017 increase was 57% more than my gross salary. 

75 days until RE!

[Half Stached]

Wow! I'm not sure I'll ever see this kind of gains again annually. It was a convergence of a strong market and a higher than usual bonus. Our net worth increased 423K this year.

2017 EOY: 1502K
2016 EOY: 1079K
2015 EOY: 820K
7/1/15: 749K (when I started tracking)

Retirement in 15 months...

[SpareChange]

EOY    Networth     
2011    -50k           
2012    -41k           
2013    -10k           
2014     33,726       
2015     90,497       
2016     146,590     
2017     224,985

[pachnik]

January 2 2017 - $408,000.00
December 31 2017 - $458,000.00

I put $16,000.00 this year into my RRSP so the rest of the increase is the market.  I am amazed!  Good work everybody! 

[fattest_foot]

Fun thread. It's interesting to compare yourself to others with common goals. This is just investment assets and not cash or mortgage factoring into net worth.

2014: $97k
2015: $129k
2016: $205k
2017: $318k

[letired]

Oh man, this thread is really a kick in the pants! I'm up a paltry 12%, partially due to a lack of focus and partially due to shifting a lot of things around to purchase a house.

Here's to 2016 being much more focused!

Revisiting the 2015 numbers, turns out I shorted myself a percent. That said, I did much better this year with a NW increase of 21.7%!

2015: +13.0%
2016: +21.7%
2017: +30.1%

What a year! I've been trying to manage my expectation that I can't increase the percentage increase all the time, but the market this year really wants me to expect it!

[ardrum]

My net worth rose by OVER 3x annual living expenses this year!  Sure, perhaps markets could be crazy inflated, but it's still nice buffer in future down years!  Pleased to say the least.

1/1/16: Around $2000
1/1/17: $31,881
12/31/17: $92,725