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

[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!

[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

[WhiteTrashCash]

2016: $77000

2017: $128000

Not including home equity.

[SpareChangeYourLife]

This is my first post on this board, and also my first year to calculate our net worth.

12/31/2016   $196,296
12/31/2017   $289,041

We did very well in CryptoCurrency as well as the market.  Our expenses are high right now due to having a child in daycare, but that won't last forever.  I'm hoping to turn up the notch this year in more Mustachian ways than just good investments.

[pancakes]

Our household net worth:

Dec 2014 $150k
Dec 2015 $195k
Dec 2016 $256k
Dec 2017 $283k Nov 2017 $278k

+$27k in the year we had a baby, moved 5000km away, dropped to a single income and spent 3 months on holidays. It isn’t last years gains but I’m pretty happy regardless.

$250k of the above is sitting in cash earning very little. 2018 is the year we will finally do something with it because we are finally settled enough to buy a home. Once that is done we will hopefully feel more confident investing more elsewhere.

[FireRun]

EOY    Invested Assets     
2011    $5,220           
2012    $19,330         
2013    $52,312       
2014    $128,996       
2015    $159,167     
2016    $242,885     
2017    $363,983

Pretty great year. +121K for a nearly 50% increase.

[DavidAnnArbor]

Invested Assets:

12/31/16   $1,220,721   + $60,000 in cash savings
12/31/17   $1,514,360   + $63,000 in cash savings  -  $34,000 car loan @2.22% (Chevrolet Bolt)

[chasesfish]

I just wrote a detailed post about this, interestingly I found MMM and these boards in 2013 after halfway poking around on other financial forums for over a decade:

2011:  $323,000
2012: $470,000
2013: $716,000
2014: $894,000
2015: $1,019,000
2016: $1,208,000
2017:  $1,519,000

$311,000 is a record increase, the 17% overall return on the investment accounts didn't hurt and income keeps going up every year.

[YellowCat]

Turns out we had a pretty good year despite the massive money-letting that was the renovations to our new-to-us old house. This is our first home so we went from NW compromised of purely investments and cash to that plus home equity.

Our NW as of December 31, 2015 was $333,176.15 and current NW including home equity is $427,947.20 (+$94,771.05). This is impressive considering we spent just shy of $45k in closing costs and home improvements this year.

2016 NW breakdown
Cash and investments: $370,799.22
Home equity (purchase price - mortgage balance): $46,619.89
Cars (2): $10,528.09
Total: $427,947.20

Good news for 2017
- Annual husehold income has increased from $170,600 to $183,570 (+$12,970) due to my husband's recent promotion plus year-end increases for both of us. This doesn't include any bonus income we may see this year. Woo hoo!
- As of May 2016 my husband and I work in the same location and carpool to work most days. I'm looking forward to greatly reduced car usage and gas consumption now that we only have one home.
- All of the major renovation work in the house is finished, so we can get back to dumping serious cash into investments! We just have some small stuff left now...lawnmower, some paint, garden supplies, etc.
- We have no big spendy plans for 2017. We're talking about keeping our travel local and hosting my in-laws instead of traveling internationally to see them.

2017 NW Goal
Hit $500k NW (cash, investments, home equity) by my husband's 30th birthday in August, with a stretch goal of $550k by this time next year. --> We exceeded this goal massively, thanks to a crazy year in the market!

Well, final numbers are in and it's been a hell of a year! Current NW including home equity is $628,029.19, which represents an increase of +$200,082 (!!) over our Dec 2016 NW of $427,947.20. This is higher than our combined salaries for the year!

Good news for 2018
- Annual household income has increased from $183,570 to approx. $190,640 (+$7,070) due to year-end increases for both of us. This doesn't include any bonus income we may see this year.
- Much of our 2018 travel was paid for already in 2017 (big trip to visit in-laws planned for Feb 2018, personal trip to Iceland for May 2018). Hopefully we can curb our travel spending a bit this year, as it's consistently about 15-20% of what we spend annually. This is ok, as it aligns with our priorities, but it's still a huge pile of money.

2018 Goals
I have no idea where the market is heading, so I'm hesitant to make a NW goal. But I will set a few goals for things which I actually do have some control over....
- Reduce household spending below what we spent in 2017 ($50,347.57) & continue to plow the rest into investments. Spending goal: sub $4k / month or $48k / year. My husband's car loan is finished in June, so this should free up some cash, and there's always room for additional optimization in other areas as well.
- Personal sub-goal, inspired by Mrs. Frugalwoods: No clothing shopping for me in 2018. I don't have a clothing "problem" per-se, just want to re-program myself and really think hard about all of my purchases and make sure they align with my priorities.