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

[waltworks]

2020 was total insanity. We gained ~$200k in liquid net worth and another $400-500k or so in RE equity, depending on how much you believe Zillow. I guess maybe we'll hit $2 million NW, despite making zero efforts to do so, in a few more years, even if the markets completely stagnate from here on out. Hell, we could hit it in a year the way the RE market here is going.

Honestly I'd rather not have the RE equity if it meant I could send home all the out-of-state folks who moved to our town.

Anyone got good ideas for charities to donate stimulus funds to?

-W

[Imustacheyouaquestion]

Dec 2015: $65,356
Dec 2016: $106,701    (+ $41,345)
Dec 2017: $206,349.74    (+ $99,648)
Dec 2018: $255, 892.49    (+ $49,542.26)
Dec 2019: $424, 020.62    (+ $168,128.13)
Dec 2020: $584,000 (+ $160,000)

Hit my 2020 goal of $500k and then some. New goal for 2021 is $700k by end of year.

[SanDiegoFIhopeful]

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.

[Sugaree]

With the final numbers in, I'm up almost $71k or 78.03%


It's not as impressive as those of you in the double comma club, but I'll take it.

[G-dog]

With the final numbers in, I'm up almost $71k or 78.03%


It's not as impressive as those of you in the double comma club, but I'll take it.

It is absolutely FANTASTIC.  Up 78!  We all had to start somewhere - so you will be in the double comma club faster than you think.

[frogstomp81]

1/1/16: $462,464.13
1/1/17: $598,065.11 (+$135,600.98)
1/1/18: $719,775.17 (+$121,710.06)
1/1/19:  $708,180.68 (-11,594.49)
1/1/20: $935,648.51 (+227,467.83)

1/1/21: $1,184,146.26 (+$248,497.75)

[givemesunshine]

31st Dec 2015 - $161K
31st Dec 2016 - $195K
31st Dec 2017 - $236K
31st Dec 2018 - $266K
31st Dec 2019 - $347K
31st Dec 2020 - $377K

Happy with my progress, slow and steady.

[WhiteTrashCash]

Just investment growth:

Jan. 2018: $122747.70
Jan. 2019: $166175.31
Jan. 2020: $250137.09
Jan. 2021: $355978.36

It's impressive to see things accelerate as time passes.

[aceyou]

Total Net Worth
 2015    317,475
 2016    425,853
 2017    548,846
 2018    630,100
 2019    804,562
 2020   1,009,251

Net worth not counting pension value:
2015   245,192
2016   282,184
2017   384,000
2018   441,100
2019   585,211
2020   766,079

Stache Only
2015   21,840
2016   72,970
2017   185,700
2018   256,100
2019   407,211
2020   571,479

[DeniseNJ]

Not a regular participant but I just checked my progress since starting MMM and WOW.
Dec. 2017 344K not including cc debt of maybe 25K and a car payment
Dec. 2018 355K (just started MMM two months ago)
Dec. 2019 485K (THANK YOU MMM and this forum!!)
Dec. 2020 662K oh my! Did I really increase my stash by 300K in two years?!?! Yes, it was the market but we've been maxing out retirement funds and even bought a little extra during the huge dip. A big diffeence from being always in debt.

[Accrual]

2016: 40k
2017: 86k
2018: 123k
2019: 210k
2020: 301k

[startingsmall]

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)

The actual increase should be even higher, but I changed my accounting this year. I used to include the cost of our (newer, non-mustachian) vehicles in our overall NW, because it seemed like the most complete picture, but then I decided it was a silly waste of time to be checking KBB every few months. If I was still including them, it'd be about $50k higher. Not too shabby for a year in which I've had my daughter home from school AND we moved across several states.

[UnleashHell]

net worth
2015: 438K
2016: 534K

2017: did well. was going to fire but divorced instead and gave half of it away/ DO year end was just my numbers:

2017: 333K
2018: 349K  +16K
2019: 490K  +141K
2020: 738K  +248K

so - more than doubled since divorce and I paid off the mortgages on the old house (that the ex kept) in 2020

I now have a new house (and a rental) and the other half pays for half the mortgage and the bills. A far better arrangement.
We don't mingle finances but she wasn't far behind me and the option to both fire was very close. She's actually worth a lot more now (or will be) due to the sad death of her mother. But that bit is family money and will be invested with just some of it being tapped for her (like 4% as I keep telling her!!! :D  )

anyway. 2020 was a cracking year financially.  The rest - not so much...

[SwordGuy]

@UnleashHell , check your math in your post above.

[UnleashHell]

@UnleashHell , check your math in your post above.

@SwordGuy I did. which bit?

[Morning Glory]

@UnleashHell , check your math in your post above.

@SwordGuy I did. which bit?

Math looks fine to me. @UnleashHell I'm with you in that my money went up more than ever in 2020, but my happiness went down. I guess money doesn't make me happy. In other years I saw those numbers going up as an achievement, this year not so much. 

 I keep thinking that the huge gains in share prices are maybe because the dollar is going down in value, or people think it will soon. I'm still working towards FIRE because I don't want to be beholden to an employer any more. This year I also want to find more meaning in my life outside of those numbers.

[SwordGuy]

@UnleashHell , check your math in your post above.

@SwordGuy I did. which bit?

490K  +141K != 738K  , it 631K

[UnleashHell]

@UnleashHell , check your math in your post above.

@SwordGuy I did. which bit?

490K  +141K != 738K  , it 631K

increase for the year is after the net amount.

490k (increase of 141k from prior year end..)

[UnleashHell]

@UnleashHell , check your math in your post above.

@SwordGuy I did. which bit?

Math looks fine to me. @UnleashHell I'm with you in that my money went up more than ever in 2020, but my happiness went down. I guess money doesn't make me happy. In other years I saw those numbers going up as an achievement, this year not so much. 

 I keep thinking that the huge gains in share prices are maybe because the dollar is going down in value, or people think it will soon. I'm still working towards FIRE because I don't want to be beholden to an employer any more. This year I also want to find more meaning in my life outside of those numbers.

the only bright side is that the increase is setting me up for the future when the 2020 conditions are no longer in place (and 2021 so far).
Too many people went out of my life in the last year. plus not seeing my parents for over a year. Things will improve but its still pretty bleak right now as, even with the good news, none of the things that have happened can be undone.

[crimp]

@UnleashHell , check your math in your post above.

@SwordGuy I did. which bit?

Math looks fine to me. @UnleashHell I'm with you in that my money went up more than ever in 2020, but my happiness went down. I guess money doesn't make me happy. In other years I saw those numbers going up as an achievement, this year not so much. 

 I keep thinking that the huge gains in share prices are maybe because the dollar is going down in value, or people think it will soon. I'm still working towards FIRE because I don't want to be beholden to an employer any more. This year I also want to find more meaning in my life outside of those numbers.

the only bright side is that the increase is setting me up for the future when the 2020 conditions are no longer in place (and 2021 so far).
Too many people went out of my life in the last year. plus not seeing my parents for over a year. Things will improve but its still pretty bleak right now as, even with the good news, none of the things that have happened can be undone.

My sentiment, exactly. +112k for the year, which is amazing, but I'd take a worse market and a better year if I had the choice.

[fat-johnny]

Age 47.  Ohio.

2013       $402k
2014       $470k
2015       $461k
2016       $608k
2017       $718k
2018       $725k
2019       $887k
2020       $1,096k

Finally got that 2nd comma!
FJ

[JSMustachian]

2017   $248,262.40   + $159,225

2018   $340,317.07   + $92,055

2019   $529,160.43   + $188,843

2020   $760,653.25   + $231,493

We are up to $950,000 if  you throw in home equity. Hoping to get to a million at 35 years old!

[Exflyboy]

                         Investments    Paid off house     Pensions              Total NW
12/31/19                $2295            $500                   $607                  $3.4M

12/31/20                $2650            $600                   $638                  $3.89M

[change_seeker]

September 2019 Update:
Net worth:  $357,000 (as per Mint, includes primary residence)

January 2021 Update:
Current net worth: $558,000 (as per Mint, includes primary residence)

$201k!!!!!!  Property values are nuts around here.

[Zikoris]

We went from $462,553 to $550,120, an increase of $87,567. That was on a joint 78K income, with spending of $24,429 for the year.

[Gerard]

339K to 388K = 49K (14%) gain, despite being retired. Combination of no travel expenses and market gains.

I'd like to claim I planned well, but in fact I had money (from selling a house) that I'd procrastinated on investing, so I was able to put a fair whack into the markets in March and May.

[Nately]

We haven't been tracking it all that closely. But we added it all up recently, and we're at about $3.2M.

Having said that, it's probably right about time for a crash.

[ducky19]

$504k to $648k, $144k increase, or 28.5%!

[anni]

January 2019 ... (-$35K)
January 2020 ... $20K
January 2021 ... $80K

I'm not even sure how it all happened!

[couponvan]

January 2019 ... (-$35K)
January 2020 ... $20K
January 2021 ... $80K

I'm not even sure how it all happened!

Not spending $ you didn’t have. 🤣
Better take a pregnancy test....kidding!

[anni]

January 2019 ... (-$35K)
January 2020 ... $20K
January 2021 ... $80K

I'm not even sure how it all happened!

Not spending $ you didn’t have. 🤣
Better take a pregnancy test....kidding!

I struggle with the basic facts of life 🤷‍♀️

[hoosier]

1/1/2020: 753K
1/1/2021:1,001K

[Morning Glory]

1/1/2020: 753K
1/1/2021:1,001K

Congratulations!!!!!!!

[SaucyAussie]

Single. Chugging along.  I just wish I had started this at 22 instead of 42. 

2013 - $0
2014 - $68K
2015 - $152K
2016 - $238K
2017 - $350K
Years to FIRE - 7.51

Theoretically, I could hit $500K by the end of 2018, but would need a lot to go right.

On the bright side, lots of debt eliminated this year - credit cards, student loans, and alimony all down to zero.  This year I'm going to tackle those pesky 401k loans. 

2013 - $0
2014 - $68K
2015 - $152K
2016 - $238K
2017 - $350K
2018 - $420K
Years to FIRE - 6.98

Still single.

2013 - $0
2014 - $68K
2015 - $152K
2016 - $238K
2017 - $350K
2018 - $420K
2019 - $560K
Years to FIRE - 5.51

I feel like I'm past the halfway mark.

Best year yet! It's starting to feel real...

2013 - $0
2014 - $68K
2015 - $152K
2016 - $238K
2017 - $350K
2018 - $420K
2019 - $560K
2020 - $744K
Years to FIRE - 3.95

[AllTheLights]

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)

2013: +$29k
2014: -$7k
2015: +$19k
2016: +$37k
2017: +$69k
2018: +43k (personal circumstances changed my spending patterns)
2019: +111k (big year but part of that is home value that was converted into cash with the plan to re-invest in our new house)
2020: +80k (high spending year after moving to a new city but it was planned)

Overall still moving in the right direction.  My spending is higher than ideal but some of that is a choice (and some of it is bad behaviours).

[dandarc]

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

Increased NW by more than our income in 2020. As is increasingly often the case, credit goes more to market returns than to anything we did. 2020 was a ridiculously high spend year for us. We did manage to have some surplus at the end of the day, but we've definitely done better on the savings rate in the past.

[redhead84]

NW since we started tracking it in Quicken.

12/31/2014 -  $922K
12/31/2015 -  $955K
12/31/2016 -  $1,097K
12/31/2017 -  $1,305K
12/31/2018 -  $1,272K
12/31/2019 -  $1,721K
12/31/2020 -  $2,292K

2020 was our best year ever with a $570K increase. 

[skyrefuge]

Jan 2020: $2.4M
Jan 2021: $3.1M

+$712k

Took 12 years into my career (the majority lived MMM-style) to hit a $712k NW, and now I got that in one year. Exponential growth, man, it's nuts. And the cool thing about riding the exponential curve is that it's the percentage that makes you feel like you're kicking ass, so when you're in it, growing $7k feels just as good as the year you grow $70k, and then the year you grow $700k.

After 2 decades of this, I didn't figure there would be much new to feel, but the one thing I discovered in 2020, as we got near (or, perhaps way-past) the "enough" level, is that even the enormous firehose of cash coming at us from my job (by far the most I've ever made in my career) feels like a squirt gun amidst the crashing waves of our investments in the market. Like, we just lost $50k today, after gaining $200k in the last 50 days. Even if you're making $1k a day at your job, it's like, "what's the point?", since it barely moves the NW needle. Which makes me feel stupid and guilty and evil to even think! But it seems to be a pretty good cure for OMY-itis.

[evanc]

Update: 6 months later, officially a net worth millionaire!

731,360 invested plus paid off home valued at 318,365 per Redfin (Zillow is about 7% higher, but based on recent sales, I think the more conservative Redfin estimate is more realistic).

As of today: $1,049,725.  Sticking to the plan, keep saving and I plan to retire in 5 more years. So close and yet so far lol

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!

Checking in to update:

Now at 1.24M+ total NW.

From the 13 months, Jan 20 to Feb 21, NW increased 29.2% (including paid off home). If not including home, investments alone increased 37.7% - obviously I have a high (~70%) savings rate. Ahead of schedule for FIRE, but keeping the pedal to the metal. Definitely a huge morale boost to see the needle move so much in a short time.

Thank you all for sharing your inspiring stories. 2021, let's go!

[flyfig]

Haven't been on the forums for a bit but 2020 returns made my head spin so glad to see other people feeling the same way.

Jan 2015: $650k
Jan 2016: $910k (real estate profit)
Jan 2017: $1.0M
Jan 2018: $1.2M
Jan 2019: $1.2M
Jan 2020: $1.9M

[Steveray7071]

2020 + 161K

[bmjohnson35]

2020 + $186K

It's always nice to see the continued high gains, but I'm convinced we will likely see 40% or more crash before midyear 2021 and the start of a much longer term recovery.......not the quick bounce back we saw in 2020.       

[Monocle Money Mouth]

2020 + $186K

It's always nice to see the continued high gains, but I'm convinced we will likely see 40% or more crash before midyear 2021 and the start of a much longer term recovery.......not the quick bounce back we saw in 2020.     

That would be sweet for those of us still accumulating. I was hoping last March's dip was going to last longer than it did. Everything in the markets seems to be happening at an accelerated pace now. If you wait a week or a month for prices to come down, you might miss your opportunity to buy at a relative discount.

I won't be surprised by a correction or two this year, but I'm not sure if we'll see an extended 40% decline. I think we'll see a few stocks with absurdly high prices plummet, but I don't think it will take down the entire market.

2020 was kind to my net worth too in spite of the craziness. I was forced to buy through the dip with my 401(k) and dividend reinvestments. I voluntarily purchased through the dip with my taxable brokerage account. The boring buy and hold index funds strategy works, especially if your time horizon is long and you buy frequently.

[fraylock]

Jan 2020: 368k
Jan 2021:624k

Change +256k.  New baby, new house, wife started new job.  So many changes!  I feel fortunate to be on the good side of this unequal economy.

[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
Dec 2018: ~420k (got married and combined finances; I married well)
Dec 2019: ~600k
Dec 2020: ~780k

[mbk]

My NW increase is modest compared to the awesome numbers being posted by others.

2019        ~$350k
2020        ~$430k

An increase of ~$80k.

Plusses (~$110k) are 401k contributions, stock market gains, equity gains in the rental properties and primary house by the rise in the zillow estimated value of properties plus mortgage pay-off.
Minus (~$30k) is write-off of loans given to family.

I am always astounded by the super high YOY NW gains achieved by the forum members. 5 years ago, an annual increase of NW by $80k seemed unthinkable for me. But now its becoming routine for me. So hopeful about bigger numbers in the future.

[Dicey]

My NW increase is modest compared to the awesome numbers being posted by others.

2019        ~$350k
2020        ~$430k

An increase of ~$80k.

Plusses (~$110k) are 401k contributions, stock market gains, equity gains in the rental properties and primary house by the rise in the zillow estimated value of properties plus mortgage pay-off.
Minus (~$30k) is write-off of loans given to family.

I am always astounded by the super high YOY NW gains achieved by the forum members. 5 years ago, an annual increase of NW by $80k seemed unthinkable for me. But now its becoming routine for me. So hopeful about bigger numbers in the future.

Just wait until you get to the point that you anticipate smaller numbers in the future. That's when the market goes "on sale" and creates lovely things called buying opportunities. The downs actually help you get ahead when managed correctly.

[SDF]

1/1/2017 ~ $70,000
1/1/2018 ~ $126,000 (+$56,000)

1/1/2019 ~ $154,000 (+$28,000)
1/1/2020 ~ $241,000 (+$87,000)
1/1/2021 ~ $336,000 (+$95,000)

Um, wow. Astounding to me, seeing back to back years with increases that eclipse my balance from just four short years ago. Almost half of the increase is contributions still, but that means that over half of the increase was the market at work, which, again...wow.

[marcus_aurelius]

Net worth, including a ~$2M house in the VHCOL Bay Area. The main story in the last few years: high-paying jobs combined with aggressive saving, great growth in 401K and taxable equities, and aggressive paying down of the mortgage (still owe ~$200K).

2015 ~ $2.6M
2016 ~ $2.7M
2017 ~ $2.9M
2018 ~ $3.3M
2019 ~ $3.6M
2020 ~ $4.1M
2021 ~ $4.9M

To paraphrase Albert Einstein, “The most powerful force in the Universe is compound interest.”

[Sailor Sam]

Time to resurrect this most enjoyable thread! I’m going to wait until 31-Dec to update, but this serves as a bump.