Net Worth by End-of-Year:
2016 (start): ($27,015.16)
2017: $2,474.33
2018: $33,203.90
2019: $68,192.96
2020: $130,715.91
2021: $296,922.14
2022: $400,055.05
Current: $519,129.00
Goals Breakdown
Q4 2023: $540K
Q1 2024: $580K
Q2 2024: $620K
Q3 2024: $660K
Q4 2024: $700K
Q1 2025: $740K
Q2 2025: $780K
Q3 2025: $820K
Q4 2025: $860K
Q1 2026: $900K
Q2 2026: $940K
Q3 2026: $980K
Q4 2026: $1M
November 18, 2023: $580,473.22 as of this morning. Small market upswing plus a fairly large payment from my business deal earlier this year means I hit both my Q4 2023 and Q1 2024 goals well in advance on paper. Some of this will be taken out for taxes, but its been a crazy month for progress toward my goals.
December 1, 2023: $603,891.35 as of today's paycheck. Approximately $27K of this is earmarked for taxes, so I'm sitting at around $576K "true" net worth. I've reached out to my CPA to see if I can to do anything before year end to reduce that bill.
January 18, 2024: $601,752.29 as of today. This is the adjusted "true" net worth after taking out the tax account I have earmarked (currently sitting just under $45k). So I'm well on my way to my Q2 goal of $620K early, but I also have a lot of work that needs to be done around the house. I just paid for a bathroom remodel, and have a lot of other work that needs to be done (water penetration issues and remediation). Overall doing well and feeling good about the progress I'm making.
February 12, 2024: Weird mid-month update I guess. $622,698.18 adjusted "true" net worth with earmarked taxes taken out of consideration. Hit Q2 goal already, but I likely won't hang onto it for too long since I still have a LOT of work around the house to get done. I'm hoping to keep the kitchen + flooring + drywall down to ~$25K or so but we'll see. Already $23K in this year between bathroom, re-grading the lawn, and installing gutters and french drains.
March 6, 2024: $628,383.97 for now after bathroom, re-grading lawn, and installing gutters and french drains at the house. Still have more work to do, but just glad NW is still mostly holding through the spending. I'll go ahead and mark my quarterly goal as met, ahead of the curve and still waiting on some disbursements.
April 8, 2024: $704,138.33. Still doesn't really feel real, but I'm going to keep my head down and keep moving forward.
June 4, 2024: $757,837.00. Missed the May update, can't believe it's already June. Hit Q1 2025 goal. I need to adjust my goals but it's hard to keep projecting increases when I'm not really sure when the "gravy train" comes to a halt. I'm keeping my head down, working, investing, and fixing up my damaged house. Not a whole lot else going on.
July 15, 2024: $835,443.55. Got a distribution that was long overdue from my OldBoss. About $30K of this will be going toward home renovations in the next month, I have a lot of damage that needs to be fixed. I feel like there's an end in sight with the home repairs and damage, at least, which is good. I'm about a year ahead of what I projected, but like I said, I still don't know when the rug is getting pulled.
September 3, 2024: $850,387.46. I totally forgot about August apparently with everything that has been going on. Been staying with my brother, and the house is nearly done (hopefully by the end of this week). I ended up doing some additional upgrades/work (all windows and sliding glass doors replaced) so the out of pocket was higher than the $30K originally anticipated, but overall very happy with the progress and still "up" in net worth despite dropping closer to 50-60K on all of the renovations.
September 27, 2024: $875,718.11. I guess the market jumped a bit. I feel like I'm continuing the march. Now that the home repairs are (mostly) done, I'll have some breathing room. I'll need to do the windows in the front unit of my house, but overall the big spending is done. Looking at tying the knot by the end of this year and doing a honeymoon trip in lieu of a wedding, then buckling down for the next chapter.
November 12, 2024: $904,689.05. I forgot to update in October but it was kind of a wash. Im getting another moderate paycheck on Friday, but I figured Id rather update now than chance forgetting again. Absolutely absurd, looking at this time last year I am up $324.2K in net worth. Already beat my Q1 2026 goal and may very well soon become a graduate of this thread in the early months of next year.