Author Topic: Net worth increase 2022 (i.e. the 'present' you give yourself)  (Read 453530 times)

SaucyAussie

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Re: Net worth increase 2017 (i.e. the 'present' you give yourself)
« Reply #1450 on: December 24, 2021, 10:23:04 AM »
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
Zero to a mil in 8 years.  Thank you market.  Thank you sensible Camry.  Thank you divorce!

2013 - $0
2014 - $68K
2015 - $152K
2016 - $238K
2017 - $350K
2018 - $420K
2019 - $560K
2020 - $744K
2021 - $1,009K
Years to FIRE - 1.36

Roland of Gilead

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1451 on: December 24, 2021, 10:25:42 AM »
I made the mistake of looking to see where we would be if we had kept working.  Even if we had sold all of the company stock bonuses right when they vested, if we had continued to work through 2021 instead of retiring in 2015, our net worth would be something around $14,000,000.

Oops.

maisymouser

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1452 on: December 24, 2021, 10:28:57 AM »
I made the mistake of looking to see where we would be if we had kept working.  Even if we had sold all of the company stock bonuses right when they vested, if we had continued to work through 2021 instead of retiring in 2015, our net worth would be something around $14,000,000.

Oops.

Had me chuckling. How honest!

Roland of Gilead

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1453 on: December 24, 2021, 10:32:33 AM »
I made the mistake of looking to see where we would be if we had kept working.  Even if we had sold all of the company stock bonuses right when they vested, if we had continued to work through 2021 instead of retiring in 2015, our net worth would be something around $14,000,000.

Oops.

Had me chuckling. How honest!

Gotta never look at the river card when you have already folded I guess.   And you never know how fate works.  We could have died in a horrible car accident while commuting to work during those 6 retired  years.  Also, time is money, but money can't buy time.

johndoe

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1454 on: December 25, 2021, 06:48:28 AM »
Gotta never look at the river card when you have already folded
I suppose you should be comparing 6 years of retirement to something more positive to losing a card game ha!

Here's a request: when we do these annual stats, can we include how much of the NW change was contributions and how much was passively-earned?  It's nice to see other people's results, but it doesn't mean much without some other data.  Thoughts?  And maybe specify real estate assumptions? (And maybe we should move the talk to a new thread that isn't titled "2020"?)
« Last Edit: December 25, 2021, 06:54:02 AM by johndoe »

G-dog

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1455 on: December 25, 2021, 09:26:25 AM »
Gotta never look at the river card when you have already folded
I suppose you should be comparing 6 years of retirement to something more positive to losing a card game ha!

Here's a request: when we do these annual stats, can we include how much of the NW change was contributions and how much was passively-earned?  It's nice to see other people's results, but it doesn't mean much without some other data.  Thoughts?  And maybe specify real estate assumptions? (And maybe we should move the talk to a new thread that isn't titled "2020"?)

The OP ( @marty998 ) can (and has in the past) change the thread title.  The thread was started in 2014, and I like seeing folks cumulative results (versus a new thread).  Some of us show a summary of past years with each update.
« Last Edit: December 25, 2021, 09:29:13 AM by G-dog »

marty998

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1456 on: December 25, 2021, 03:45:28 PM »
Gotta never look at the river card when you have already folded
I suppose you should be comparing 6 years of retirement to something more positive to losing a card game ha!

Here's a request: when we do these annual stats, can we include how much of the NW change was contributions and how much was passively-earned?  It's nice to see other people's results, but it doesn't mean much without some other data.  Thoughts?  And maybe specify real estate assumptions? (And maybe we should move the talk to a new thread that isn't titled "2020"?)

The OP ( @marty998 ) can (and has in the past) change the thread title.  The thread was started in 2014, and I like seeing folks cumulative results (versus a new thread).  Some of us show a summary of past years with each update.

Hello. OP checking in after being fairly absent the past few months. I'd forgotten all about this thread... and I didn't even get the bat-signal notification that you'd pinged me :(

Was just feeling a little nostalgic today about a few things and people so I logged in.

I will update the thread heading now.

Reminder that the thread was inspired by the blog post about giving your future self a present by having your shit sorted yesterday (I love a play on words).

Given it is now the future, it is nice to see so many with big fat presents this year.

Merry Christmas everyone.

G-dog

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1457 on: December 25, 2021, 05:30:47 PM »
Happy Holidays @marty998!

SwordGuy

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1458 on: December 25, 2021, 08:41:57 PM »
2012 $0.50M Found MMM in November after 30 years of toil.  Changed behavior in December.
2015 $1.05M 3 rental properties plus a 66% savings rate.
2016 $1.90M Inheritance plus savings
2017 $2.52M
2018 $2.53M Retired in May
2019 $2.73M
2020 $2.82M
2021 $3.12M

Helped someone start a trucking business and spent gobs of money on improving our home studio's electrical and hvac needs, repairing and painting home exterior, a new hvac for a rental, and lots of metal casting and 3D printing equipment.

Real estate appreciation plus stock market growth account for the gains.

Other than covid it was a great year.
« Last Edit: December 26, 2021, 09:02:34 PM by SwordGuy »

Wintergreen78

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1459 on: December 25, 2021, 10:13:22 PM »
Jan 2018 - $857k I quit working at the end of January and was just over $900k with my final paychecks and vacation payout.
Jan 2019 - $787k The little downturn during my first year not working was an interesting little gut check, but I stuck to my spending/investment plan.
Jan 2020 - $902k Back to where I was when I “retired” and I even bought a brand new car! Living a life of luxury.
Jan 2021 - $981k I started a new job almost the exact day my net worth rolled over $1M
Now - $1.132M

It is kind of nice working a job when you know you don’t actually need the money. I’ve been putting my savings this last year into cash. I expect I will buy a place in the coming year. This second round of my career will keep going as long as I’m enjoying it.

SimpleCycle

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1460 on: December 26, 2021, 08:41:49 AM »
I made the mistake of looking to see where we would be if we had kept working.  Even if we had sold all of the company stock bonuses right when they vested, if we had continued to work through 2021 instead of retiring in 2015, our net worth would be something around $14,000,000.

Oops.

Had me chuckling. How honest!

Gotta never look at the river card when you have already folded I guess.   And you never know how fate works.  We could have died in a horrible car accident while commuting to work during those 6 retired  years.  Also, time is money, but money can't buy time.

This really strikes me as true.  My dad never got to retire - he died of melanoma at 61.  But he and my mom decided not to put off travel until retirement, so we have wonderful memories of trips together.  I'm so glad they made that decision, even if the math said otherwise.

Metalcat

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1461 on: December 26, 2021, 10:54:35 AM »
I made the mistake of looking to see where we would be if we had kept working.  Even if we had sold all of the company stock bonuses right when they vested, if we had continued to work through 2021 instead of retiring in 2015, our net worth would be something around $14,000,000.

Oops.

Had me chuckling. How honest!

Gotta never look at the river card when you have already folded I guess.   And you never know how fate works.  We could have died in a horrible car accident while commuting to work during those 6 retired  years.  Also, time is money, but money can't buy time.

I personally have no problem noting how rich I would be if I had made different choices. Whenever I think about that, it reminds me that no amount of money would have been worth burning myself out and injuring myself even further.

Just a year ago I made a brutally difficult decision to either be very rich or very happy. I actually enjoy thinking about how useless those millions would be to me knowing what I know now.

That said, I retired with the most perfect timing that was ever humanly possible. So I have the benefit of knowing without a scrap of a doubt that more money would not have been worth the trade off.

So I just laugh at the wealth I could have had, because it would have been worthless to me compared to the time I actually NEED right now.

givemesunshine

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1462 on: December 28, 2021, 02:53:15 AM »
31st Dec 2015 - $161K
31st Dec 2016 - $195K
31st Dec 2017 - $236K
31st Dec 2018 - $266K
31st Dec 2019 - $347K
31st Dec 2020 - $377K
31st Dec 2021 - $471K

Significant salary increase (promotion), a good investment year and compounding is starting to make an impact.

StarBright

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Re: Net worth increase 2020 (i.e. the 'present' you give yourself)
« Reply #1463 on: December 28, 2021, 08:07:11 AM »
The engine of money is astonishing.

In January 2016 (when I started focusing on FIRE for myself) we had just over 125k in retirement savings. That is also the year StarHus started his full time career.

In January 2020 we were at around 440k and as of a few days ago we were at just under 550k (not including home equity).

What is even crazier to me is that I've never managed to max my 401k (though I've come close a few years). The only "strategy" we've had is to try and squeeze a bit extra to throw into the market during obvious drops and we've never pulled money out.

I've been saving steadily since I was 17 years old and it is wild to me how the savings took off with several years of a good market, hitting the hundred k threshold, and having two incomes.

One year later - we are up around 200k, not including home equity.

I am from a very blue collar background, and while I have an academic understanding of capital, I am weirded out by seeing these gains as mine on paper. It doesn't quite compute.
« Last Edit: December 28, 2021, 08:12:49 AM by StarBright »

Turtle

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1464 on: December 28, 2021, 11:53:07 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.

soily

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1465 on: December 29, 2021, 11:36:02 AM »
2021: 111k
Goal 2022: 183k (investments, finish heated/cooled addition, misc)
« Last Edit: December 29, 2021, 12:19:08 PM by soily »

BoonDogle

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1466 on: December 29, 2021, 01:24:11 PM »
2020 - +527k
2021 - +286k

Not quite as good as 2020 but I'll take it.  Need another round of panic-selling by investors.

ETA - numbers for 2021 are through 9/30.  Should be quite a bit higher for the year barring a major setback between now and 12/31.
« Last Edit: December 29, 2021, 01:28:49 PM by BoonDogle »

johndoe

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1467 on: December 29, 2021, 07:01:03 PM »
2021: saved ~$40k while investments up ~$100k ... kind of sobering to see passive growth rival annual salary!  Investments are now at 21x annual budget and 5x annual salary.  Zillow claims home value increased 25%, which seems absurd.

JAYSLOL

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1468 on: December 30, 2021, 08:41:22 AM »
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!

SpareChange

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1469 on: December 30, 2021, 10:32:13 AM »
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!

Good luck!!!

MissNancyPryor

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1470 on: December 30, 2021, 10:37:22 AM »
I am sheepish about my ridiculously high current net worth but this thread is really valuable so I will contribute.  I FIREd in 2019 and have only added the $3,600-ish annual contribution maximum for my HSA, that is the only "saving" I do now. 

In 2020 my stache grew +900K and in 2021 it will be about +650k added.  I paid off my daughter's six figure student loan this year.  I really should go update that thread soon, it is timely given the moratorium on payments.

Remember the crash of Christmas Eve 2018? Dow closed at ~21,800 that day, a blood bath.  If someone told me at that time that in 3 years you will have 250% of that stache and will have enjoyed a blissful retirement for most of the time since then I would not have believed it.  Especially when you consider the gutting of the early Covid days, where quite a few posters on this board were absolutely certain that selling was the smart thing to do because it was different this time.  We don't hear much from them now. 

For those aspiring to get to FIRE, keep chugging, keep planting those seeds.  It is absolutely worth it as you later relax in the shade of the mighty oaks you cultivate.

Strange how I am "sheepish."  I saved and carefully grew this stache and I am rooting for those still working toward their goal, but it is awkward to admit the actual numbers, even among like-minded and anonymous folk.   

Dr Kidstache

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1471 on: December 30, 2021, 12:24:30 PM »
I'm up about $140,000 for the year. A little less than prior years but I did just buy a spendy house so there have been extra expenses with that.

StarBright

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1472 on: December 30, 2021, 12:27:26 PM »
I am sheepish about my ridiculously high current net worth but this thread is really valuable so I will contribute.  I FIREd in 2019 and have only added the $3,600-ish annual contribution maximum for my HSA, that is the only "saving" I do now. 

In 2020 my stache grew +900K and in 2021 it will be about +650k added.  I paid off my daughter's six figure student loan this year.  I really should go update that thread soon, it is timely given the moratorium on payments.

Remember the crash of Christmas Eve 2018? Dow closed at ~21,800 that day, a blood bath.  If someone told me at that time that in 3 years you will have 250% of that stache and will have enjoyed a blissful retirement for most of the time since then I would not have believed it.  Especially when you consider the gutting of the early Covid days, where quite a few posters on this board were absolutely certain that selling was the smart thing to do because it was different this time.  We don't hear much from them now. 

For those aspiring to get to FIRE, keep chugging, keep planting those seeds.  It is absolutely worth it as you later relax in the shade of the mighty oaks you cultivate.

Strange how I am "sheepish."  I saved and carefully grew this stache and I am rooting for those still working toward their goal, but it is awkward to admit the actual numbers, even among like-minded and anonymous folk.   

This is incredible and thank you for sharing! For what it is worth, my parents retired at traditional retirement age and are finding the same thing. Their money is earning more than they can spend (as they've always been frugal). Sheepish is exactly the word my dad used when he and I were talking about it last week.

marty998

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1473 on: December 30, 2021, 04:28:43 PM »
I am sheepish about my ridiculously high current net worth but this thread is really valuable so I will contribute.  I FIREd in 2019 and have only added the $3,600-ish annual contribution maximum for my HSA, that is the only "saving" I do now. 

In 2020 my stache grew +900K and in 2021 it will be about +650k added.  I paid off my daughter's six figure student loan this year.  I really should go update that thread soon, it is timely given the moratorium on payments.

Remember the crash of Christmas Eve 2018? Dow closed at ~21,800 that day, a blood bath.  If someone told me at that time that in 3 years you will have 250% of that stache and will have enjoyed a blissful retirement for most of the time since then I would not have believed it.  Especially when you consider the gutting of the early Covid days, where quite a few posters on this board were absolutely certain that selling was the smart thing to do because it was different this time.  We don't hear much from them now. 

For those aspiring to get to FIRE, keep chugging, keep planting those seeds.  It is absolutely worth it as you later relax in the shade of the mighty oaks you cultivate.

Strange how I am "sheepish."  I saved and carefully grew this stache and I am rooting for those still working toward their goal, but it is awkward to admit the actual numbers, even among like-minded and anonymous folk.   

This is incredible and thank you for sharing! For what it is worth, my parents retired at traditional retirement age and are finding the same thing. Their money is earning more than they can spend (as they've always been frugal). Sheepish is exactly the word my dad used when he and I were talking about it last week.

Amazing, yes thanks for sharing @MissNancyPryor.

Like you and @StarBright I am also a bit sheepish now at how things have gone this year. Not just with the absolute size of the stash, but also because so many people out there have struggled over the past two years with job losses and being in need of assistance, through no fault of their own. A little bit of guilt in other words.

The pandemic has exposed a fault line here - it's not as simple as saying "it's all on you, you should have been prepared", but those who were prepared with emergency funds and buffers in the good years will have fared better now than those who did not (self evident truth).

I'm not going to be sorry for the decisions I took 5, 10, 15 years ago. I am going to be grateful for them, and thank my past self for the present I now have. I never would have dreamed of a NW approaching $2m... it's a relief to know a solid base is there for the rest of my life.

MissNancyPryor

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1474 on: December 30, 2021, 04:44:42 PM »
I am sheepish about my ridiculously high current net worth but this thread is really valuable so I will contribute.  I FIREd in 2019 and have only added the $3,600-ish annual contribution maximum for my HSA, that is the only "saving" I do now. 

In 2020 my stache grew +900K and in 2021 it will be about +650k added.  I paid off my daughter's six figure student loan this year.  I really should go update that thread soon, it is timely given the moratorium on payments.

Remember the crash of Christmas Eve 2018? Dow closed at ~21,800 that day, a blood bath.  If someone told me at that time that in 3 years you will have 250% of that stache and will have enjoyed a blissful retirement for most of the time since then I would not have believed it.  Especially when you consider the gutting of the early Covid days, where quite a few posters on this board were absolutely certain that selling was the smart thing to do because it was different this time.  We don't hear much from them now. 

For those aspiring to get to FIRE, keep chugging, keep planting those seeds.  It is absolutely worth it as you later relax in the shade of the mighty oaks you cultivate.

Strange how I am "sheepish."  I saved and carefully grew this stache and I am rooting for those still working toward their goal, but it is awkward to admit the actual numbers, even among like-minded and anonymous folk.   

This is incredible and thank you for sharing! For what it is worth, my parents retired at traditional retirement age and are finding the same thing. Their money is earning more than they can spend (as they've always been frugal). Sheepish is exactly the word my dad used when he and I were talking about it last week.

Amazing, yes thanks for sharing @MissNancyPryor.

Like you and @StarBright I am also a bit sheepish now at how things have gone this year. Not just with the absolute size of the stash, but also because so many people out there have struggled over the past two years with job losses and being in need of assistance, through no fault of their own. A little bit of guilt in other words.

The pandemic has exposed a fault line here - it's not as simple as saying "it's all on you, you should have been prepared", but those who were prepared with emergency funds and buffers in the good years will have fared better now than those who did not (self evident truth).

I'm not going to be sorry for the decisions I took 5, 10, 15 years ago. I am going to be grateful for them, and thank my past self for the present I now have. I never would have dreamed of a NW approaching $2m... it's a relief to know a solid base is there for the rest of my life.

Exactly this.  I lived through the dot-com bust and 2008 among other gut wrenching bad market times.  I never bailed out, I never declared the whole thing as fixed and a big spinning wheel casino, I just kept plugging away and saving throughout.  I learned not to get in over my head and that no one owes me anything. 

Any chance there are people who are waking right the hell up now in the covid era?  Some will.  Lots more won't.     

Virtus3

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1475 on: December 30, 2021, 06:53:20 PM »
We increased our net worth $79k in 2021 from $298k to $377k.

Travis

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Re: Net worth increase 2014 (i.e. the 'present' you give yourself)
« Reply #1476 on: December 30, 2021, 08:45:35 PM »
JAN 2014 - $364k (owned a truck, a garage full of "stuff," investments were fairly conservative and spread across 30 high fee funds. And half that $364k was cash!
DEC 2014 - $458k (sold truck, sold stuff, started Roth IRA for DW, got into Vanguard with a much more aggressive AA, deployed and came close to maxing the extended TSP limit)

DEC 2015 - $525k give or take what happens next week.  This year was fairly straightforward as far as AA and contributions go so my NW increase was pretty much what I put in to it since I had zero growth.

DEC 2016 - $650k. So around a $125k increase, and $72k of that is contributions.

As of 1 Dec, $850k.  $200k increase, $71k in contributions. Compounding for the win.

As of 27 Dec close, $866k after $76k in contributions.  A more or less down year like a lot of folks, but I still ended the year up based on our savings rate.  On a different forum somebody remarked "OMG, I lost $100k in net worth this year...OMG, my net worth is high enough that I have $100k to lose!"  It's definitely a good way of looking at how the market went this year.

As of 28 DEC: $1,208,000. $90,500 in contributions.

Reporting a little early this year. 20 DEC: $1,507,000. $89,000 in contributions.  $1,600,000 is on the higher scale of my FIRE target, and still have three more years until retirement.

$1,972,000. So close to the $2MM club. $98,500 in contributions. The difference in contributions was COVID stimulus. Our spending stayed pretty flat YoY.

twbird18

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1477 on: December 30, 2021, 09:42:51 PM »

NW: 2020 - $265K
       2021 - $415K

$150K increase. Pretty good. Going for $200K this year.

The Beebsta

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1478 on: December 31, 2021, 01:01:09 AM »
Hey everyone! This is my first post to the forum. I've lurked for maybe close to 5 years but finally pulled the trigger on actually creating an account to post. I love seeing the annual updates so figured this was a great place for me to join in. I started tracking wealth in 2012 when we bought our first home. All values are in AUD and include the value of our PPOR (which makes up 45% of our assets and net wealth as we are in a major Australian city). Forgive me if the formatting doesn't work, I haven't figured it out yet.
Year     Net Assets  Movement
2012    $440k   
2013    $585k        $145k
2014    $791k        $206k
2015    $788k        $(3)k (sold first home and bought second home/PPOR. Paid roughly $100k in transaction costs)
2016   $1,039k      $251k
2017   $1,304k      $265k
2018   $1,343k      $ 39k (major house renovation when house values were decreasing)
2019   $1,626k      $283k
2020   $1,831k      $205k
2021   $2,480k      $650k (insane house price and share market increases)
So many life events are represented here over the last 10 years. Here's a summary of just a few of the highlights:
We sold our first home (a 3 bedroom townhouse in a very fancy suburb) and bought what could be a forever home (4 bedroom + large yard house in a slightly less fancy but still very nice neighbourhood).
We went from a single income household to a double income household paying childcare to not paying childcare.
Spouse hit a major career milestone that came with a significant pay increase.
Bought an investment property.
Started making monthly contributions to investment portfolio.
Started maxing out our superannuation contributions.
I was made redundant and started my own consulting business.
My spouse left their high paying job to join me in the consulting business.

I am fully expecting to go backwards next year because 2021 was so good financially, and with both of us working in the new business we don't have any guaranteed income which is slightly scary but we are working hard to make it a success.
« Last Edit: December 31, 2021, 01:34:31 AM by The Beebsta »

YellowCat

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1479 on: December 31, 2021, 07:04:38 AM »
Dec 2019: $1,030,547
Dec 2020: $1,355,244 (+$324,697)
Dec 2021: $1,778,865 (+$423,621)

The increase in our NW since 2019 is honestly almost unimaginable to me. Let's see what 2022 will bring.

w@nker

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1480 on: December 31, 2021, 07:06:30 AM »
YE 2020 NW:  $3.60 M
YE 2021 NW:  $5.95 M
Gain:             $2.36 M

It has been a crazy year.  I am just waiting on the bubble of everything to come crashing down.

Rubyvroom

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #1481 on: December 31, 2021, 09:48:22 AM »
% of target stash:

* 2014 - 12%
* 2015 - 15%
* 2016 - 25% <-- found MMM
* 2017 - 42%
* 2018 - 37% <-- bought land
* 2019 - 67% <-- sold house

Onward!

* 2014 - 12%
* 2015 - 15%
* 2016 - 25% <-- found MMM
* 2017 - 42%
* 2018 - 37% <-- bought land
* 2019 - 67% <-- sold house
* 2020 - 74%
* 2021 - 102% <--- FIREd 2 weeks ago :)

Feeling immense gratitude to this community and all I've learned from you fine folks. I really appreciate all of the real world examples, resources/links, beating up/refining of certain topics that I might not have ever heard of on my own.

Happy New Year everyone - stay healthy and happy and keep on rocking it.

Longwaytogo

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1482 on: December 31, 2021, 09:53:44 AM »
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.

philli14

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #1483 on: December 31, 2021, 10:06:49 AM »
Jan 1 2018: $21,789
Jan 1 2019:  $67,786
Jan 1 2020: $127,304
Jan 1 2021: $203,920
Jan 1 2022: $310,057

Crazy to think that another year has come and gone. First year with >100k increase in NW. Wild!

Longwaytogo

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Re: Net worth increase 2018 (i.e. the 'present' you give yourself)
« Reply #1484 on: December 31, 2021, 10:13:36 AM »
Jan 1 2018: $21,789
Jan 1 2019:  $67,786
Jan 1 2020: $127,304
Jan 1 2021: $203,920
Jan 1 2022: $310,057

Crazy to think that another year has come and gone. First year with >100k increase in NW. Wild!

Wow!! Awesome job; should really start snowballing now :)

onecoolcat

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Re: Net worth increase 2016 (i.e. the 'present' you give yourself)
« Reply #1485 on: December 31, 2021, 10:26:46 AM »
1/1/2015 - ($62,000)
1/1/2016 - ($11,622.00)
1/1/2017 - $43,708.00
1/1/2018 - $113,000.00
1/1/2019 - $100,144.66
1/1/2020 - $182,677.98
1/1/2021 - $364,367.91
1/1/2021 - $692,149.26

A $327,781.35 increase in 2021. My wife and I hit a milestone this year as well: we passed $1m jointly. We estimate to have $1,265,123 including our home (no mortgage).  Just shy of $1m without the home.  It was a great year for our investments.


2Birds1Stone

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1486 on: December 31, 2021, 10:41:28 AM »
EOY....

2014- $84
2015- $160
2016- $308
2017- $445
2018- $521
2019- $718
2020- $800
2021- $1020*

Wowza.

*baring any crazy market slide this afternoon

dandarc

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Re: Net worth increase 2021 (i.e. the 'present' you give yourself)
« Reply #1487 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 #1488 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 #1489 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 #1490 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 #1491 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 #1492 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 #1493 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 #1494 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 #1495 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 #1496 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 #1497 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 #1498 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 #1499 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!