Author Topic: Race from $1M to $2M  (Read 532212 times)

alcon835

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Re: Race from $1M to $2M
« Reply #2500 on: February 17, 2024, 10:04:16 AM »
Just updated our net worth. We are at 1,999k. It’s so painful waiting for that last 1k! 😂

I may just wait until next month after payday, when we will solidly be over 2M, to check again.

We did it!

Took us 7 years to get to the first M, and slightly over 4 years to get to the second M. It will probably take us a lot longer to get to the third M, because we’ve hit our number and will probably FIRE soon. Oh happy day!


Congratulations!!!

alcon835

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Re: Race from $1M to $2M
« Reply #2501 on: February 17, 2024, 10:04:55 AM »
Happy Valentine's day! Finally hit the $2M.

Really can't believe it. :) Planning to FIRE in about 2-4 years, really nice to feel very secure at this point in our lives 58/60

$663,280   12/31/2014
$741,364   12/31/2015
$764,693   12/31/2016
$989,247   12/31/2017
$968,191   12/31/2018
$1,166,831 12/31/2019
$1,395,029 12/31/2020
$1,659,169 12/31/2021
$1,513,836 12/31/2022
$1,955,236 12/31/2023
$2,001,336 2/14/2023


Wow!!! That's amazing!! What fantastic progress!!!!!!

TempusFugit

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Re: Race from $1M to $2M
« Reply #2502 on: February 17, 2024, 01:56:02 PM »
Congratulations @Freedomin5 and @fmzip

JupiterGreen

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Re: Race from $1M to $2M
« Reply #2503 on: February 18, 2024, 08:35:12 AM »
congratulations @Freedomin5 good luck on your plans to pull the plug. @fmzip wow congrats to you too, you're moving on to the next thread. I'm looking at your numbers and doing the math on mine. Unfortunately for me I wont be joining you over in the 2 million beyond thread any time soon, but hope to see you there eventually.

fmzip

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Re: Race from $1M to $2M
« Reply #2504 on: February 18, 2024, 07:12:17 PM »
congratulations @Freedomin5 good luck on your plans to pull the plug. @fmzip wow congrats to you too, you're moving on to the next thread. I'm looking at your numbers and doing the math on mine. Unfortunately for me I wont be joining you over in the 2 million beyond thread any time soon, but hope to see you there eventually.

Had a really good year in 2022, socked a bunch of cash away. Never would have ever dreamed on having this much. I guess it's true with what they say, first Mil is the hardest. Wish I felt  a bit more secure than I do. My career may be possibly ending sooner than anticipated.....

 

Finwiz

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Re: Race from $1M to $2M
« Reply #2505 on: February 18, 2024, 09:02:21 PM »
Looking forward to month end as bonus will hit, with retro pay bump back to 1/1. Also got a small equity grant this year which is exciting.

Hoping 1.3mm is possible by year end, with a goal of getting to 2mm by 6/30/2026 (we'll be ~34 at that point & still a long ways off our $8-10mm target).

01/01/21 - $400,149
03/31/21 - $458,005 (+$57,856)
06/30/21 - $517,109 (+$116,960)
09/30/21 - $563,939 (+$163,790)
12/31/21 - $603,373 (+$203,224)

01/16/22 - $601,346 (-$2,026)
03/31/22 - $646,383 (+$43,010)
06/30/22 - $638,810 (+$35,437)
10/17/22 - $672,896 (+$69,523)
12/31/22 - $736,945 (+$133,573)

01/15/23 - $758,371 (+$21,425)
03/31/23 - $842,402 (+$105,457)
07/15/23 - $957,667 (+$220,721)
10/16/23 - $988,762 (+$251,816)
11/07/23 - $1,005,005 (+$268,059)
12/31/23 - $1,102,511 (+$365,566)

01/31/24 - $1,117,437 (+$14,925)
02/16/24 - $1,149,646 (+$47,135)

moof

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Re: Race from $1M to $2M
« Reply #2506 on: February 24, 2024, 05:09:47 PM »
Just updated our net worth. We are at 1,999k. It’s so painful waiting for that last 1k! 😂

I may just wait until next month after payday, when we will solidly be over 2M, to check again.

We did it!

Took us 7 years to get to the first M, and slightly over 4 years to get to the second M. It will probably take us a lot longer to get to the third M, because we’ve hit our number and will probably FIRE soon. Oh happy day!

Congrats!  Currently at 1.989M here, just that last little bit before we can join the graduation party...

Off the Wheel

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Re: Race from $1M to $2M
« Reply #2507 on: February 26, 2024, 03:25:11 PM »
Just graduated to this thread. Felt a lot bigger when I set this milestone ($1M by 40) in my 20s!

Beginning of...
2018 $246K
2019 $282K
2020 $330K
2021 $456K
2022 $654K
2023 $717K
2024 $958K - $1M as of Feb 23

Freedomin5

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Re: Race from $1M to $2M
« Reply #2508 on: February 26, 2024, 04:00:37 PM »
Just updated our net worth. We are at 1,999k. It’s so painful waiting for that last 1k! 😂

I may just wait until next month after payday, when we will solidly be over 2M, to check again.

We did it!

Took us 7 years to get to the first M, and slightly over 4 years to get to the second M. It will probably take us a lot longer to get to the third M, because we’ve hit our number and will probably FIRE soon. Oh happy day!

Congrats!  Currently at 1.989M here, just that last little bit before we can join the graduation party...

It’s a really nice feeling to be fully “work optional”.

afuera

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Re: Race from $1M to $2M
« Reply #2509 on: February 29, 2024, 08:23:47 AM »

Investments Only (as of 2/29/24)

                       2015                2016                2017                2018                2019                2020                2021                2022                2023                2024               
January$12,964$53,694$117,156$286,460$366,568$554,279$789,070$1,023,691$954,586$1,202,797
February$14,893$57,320$130,755$284,267$388,104$530,928$829,754$1,000,887$947,661$1,243,768
March$22,065$71,035$150,924$291,192$415,305$575,079$873,947$1,035,654$971,612-
April$24,785$75,120$161,757$306,848$429,917$529,397$925,944$962,250$990,639-
May$26,931$87,541$171,174$317,739$416,867$573,991$938,401$935,331$1,002,016-
June$29,021$90,964$191,558$321,370$458,412$607,523$952,115$875,560$1,052,128-
July$31,341$93,025$210,018$339,122$459,062$630,288$962,887$965,972$1,106,098-
August$34,251$95,245$220,293$353,410$466,936$686,631$998,422$912,288$1,086,297-
September$39,854$97,814$231,801$361,506$481,531$669,786$970,317$837,917$1,039,276-
October$42,018$98,335$242,954$336,674$499,757$663,596$1,023,332$895,518$1,006,297-
November$45,987$100,344$256,324$356,143$528,712$743,883$1,025,096$918,718$1,105,904-
December$49,877$106,390$265,731$332,761$548,679$779,415$1,062,376$896,791$1,174,920-


1.5M net worth showed up on empower for the first time ever today.  It's not real because it includes HSAs and our homes Zestimate which I know not to trust but it was still a fun number to see!

Imustacheyouaquestion

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Re: Race from $1M to $2M
« Reply #2510 on: February 29, 2024, 09:57:00 AM »
Month              2023                2024              2025               
January-$1,075,000-
February-$1,090,000-
March-$1,124,000--
April---
May---
June---
July---
August---
September$1,000,003--
October$990,000--
November$975,000--
December$1,034,700--

Dogastrophe

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Re: Race from $1M to $2M
« Reply #2511 on: February 29, 2024, 02:10:29 PM »
Investments only; Household combined.

                       2019 ($)            2020 ($)            2021 ($)            2022 ($)            2023 ($)            2024 ($)           
January-496,255674,413898,547902,6871,180,214
February-472,573700,728880,646903,2281,254,552
March-444,067732,652901,213928,990-
April-495,051762,029848.393982,455-
May-524,063759,955843,438990,932-
June-524,530796,116789,2511,032,315-
July330,406552,296826,664856,6471,070,543-
August437,870632,115866,404848,3201,080,553-
September443,081617,959827,075813,6681,033,191-
October452,295604,646873,651865,5081,045,192-
November483,711664,577898,767905,3571,118,401-
December484,963674,843925,511860,9541,140,987-

2Birds1Stone

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Re: Race from $1M to $2M
« Reply #2512 on: February 29, 2024, 02:42:20 PM »
01/01/2022 - $1,025,500
02/01/2022 - $1,056,900
03/01/2022 - $1,053,800
04/01/2022 - $1,113,000
05/01/2022 - $1,155,000
06/01/2022 - $1,204,900
07/01/2022 - $1,160,100
08/01/2022 - $1,218,800
09/01/2022 - $1,209,600
10/01/2022 - $1,189,600
11/01/2022 - $1,267,000
12/01/2022 - $1,325,000
01/01/2023 - $1,315,100
02/01/2023 - $1,380,000
03/01/2023 - $1,405,000
04/01/2023 - $1,440,000
05/01/2023 - $1,481,000
06/01/2023 - $1,505,300 - Officially FIRE'd
07/01/2023 - $1,565,500
08/01/2023 - $1,604,500
09/01/2023 - $1,582,200
10/01/2023 - $1,538,400
11/01/2023 - $1,513,300
12/01/2023 - $1,588,700
01/01/2024 - $1,646,500
02/01/2024 - $1,646,600
03/01/2024 - $1,697,800

bigote2032

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Re: Race from $1M to $2M
« Reply #2513 on: February 29, 2024, 08:55:13 PM »
2/28/2023    $1.46
3/31/2023    $1.49
4/30/2023    $1.52
5/31/2023    $1.54
6/30/2023    $1.62
7/31/2023    $1.68
8/31/2023    $1.65
9/30/2023    $1.60
10/31/2023    $1.55
11/30/2023    $1.69
12/31/2023    $1.77
1/31/2024    $1.78
2/29/2024    $1.87 (+82K)

Great month! Getting closer to the 2MIL!!!!!!!!!!!!!!!!!!!!!!! LET'S GO!

OurTown

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Re: Race from $1M to $2M
« Reply #2514 on: March 01, 2024, 05:24:06 AM »
April 2021 = $1,004
May 2021 = $1,070
June 2021 = $1,054
July 2021 = $1,070
August 2021 = $1,088
September 2021 = $1,104
October 2021 = $1,083
November 2021 = $1,116
December 2021 = $1,117

January 2022 = $1,140
February 2022 = $1,080
March 2022 = $1,110
April 2022 = $1,125
May 2022 = $1,080
June 2022 = $1,089
July 2022 = $1,045
August 2022 = $1,082
September 2022 = $1,068
October 2022 = $1,021
November 2022 = $1,051
December 2022 = $1,100

January 2023 = $1,089
February 2023 = $1,128
March 2023 = $1,123
April 2023 = $1,138
May 2023 = $1,155
June 2023 = $1,157
July 2023 = $1,182
August 2023 = $1,210
September 2023 = $1,200
October 2023 = $1,179
November 2023 = $1,165
December 2023 = $1,231

January 2024 = $1,293
February 2024 = $1,305
March 2024 = $1,327

hudsoncat

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Re: Race from $1M to $2M
« Reply #2515 on: March 01, 2024, 06:25:28 AM »
                       2018                2019                2020                2021                2022                2023                2024               
January$222,019$261,809$403,264$550,326$775,790$707,881$988,431
February$236,831$286,584$414,417$555,120$740,206$754,468$1,005,722
March$234,104$303,681$388,201$577,440$732,898$751,869$1,066,926
April$234,452$314,939$355,475$606,455$774,258$781,814-
May$241,470$331,080$398,672$647,810$714,112$812,967-
June$249,398$320,926$417,280$654,138$719,842$822,222-
July$253,884$342,700$424,818$671,808$668,503$875,635-
August$264,666$354,784$456,512$693,782$732,736$907,972-
September$276,905$351,842$491,411$718,331$709,518$898,165-
October$285,986$360,853$482,214$700,515$662,362$865,823-
November$267,359$374,706$475,471$744,130$698,468$847,225-
December$281,461$391,293$531,137$754,319$745,704$930,012-

I guess we should be over here now since we stayed above $1M for an entire month. Retirement accounts only. Planning to jump ship somewhere between $1.75M and $2M. While spending puts us at FIRE at $1.5M, we expect the first few years of retirement to be a bit spendy and want to have a nice buffer. Also the spouse would just feel more comfortable with a cushion... and I like spouse, so cushion it is!

turketron

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Re: Race from $1M to $2M
« Reply #2516 on: March 01, 2024, 07:44:59 AM »
2015              2016              2017              2018              2019              2020              2021              2022              2023             
Jan141,251.00$193,414.19$283,829.36$359,505.30$546,089.75$762,355.51$1,008,596.87$896,405.70$1,174,870.51
Feb$135,573.00$200,758.63$304,851.88$397,087.41$557,258.06$780,137.13$954,587.38$956,408.33$1,202,663.79
Mar$138,331.39$211,677.78$303,796.17$428,309.57$522,077.78$815,764.71$949,999.72$942,437.96$1,254,741.17
Apr$98k$146,788.37$217,643.71$307,682.67$440,342.71$451,185.96$829,307.88$999,856.70$978,864.73
May$111k$149,149.52$225,773.04$315,634.59$456,285.80$510,875.92$874,326.67$928,584.50$995,095.52
Jun$112k$161,205.21$232,222.09$337,046.55$441,047.77$551,923.37$878,873.50$916,075.45$998,436.27
Jul$113k$165,947.80$235,779.19$340,399.63$476,489.51$567,485.67$907,568.86$840,059.88$1,064,698.17
Aug$113k$176,198.00$244,461.55$363,304.76$486,559.27$601,161.19$923,408.92$915,283.13$1,106,018.02
Sept $116k$178,840.37$247,101.69$385,572.12$483,967.28$653,037.25$950,899.02$891,457.82$1,086,863.98
Oct$184,372.64$256,365.91$392,296.56$490,200.54$639,398.62$907,416.93$822,036.27$1,043,259.18
Nov$120,330.91$181,625.28$266,140.14$370,000.25$501,003.17$637,260.06$963,453.56$886,527.53$1,022,278.77
Dec$138,810.56$187,972.57$279,806.93$386,361.40$531,904.82$723,586.82$964,037.88$938,630.06$1,112,472.28

Turtle

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Re: Race from $1M to $2M
« Reply #2517 on: March 01, 2024, 09:20:21 AM »
401K/IRA/HSA and Stock/Bond Investments only

Solo numbers for historical data
End of 2011 - $119,519
End of 2012 - $182,941
Didn't track for a few years
End of 2018 - $373,648
End of 2019 - $516,500
End of 2020 - $613,300
End of 2021 - $771,504

Table is combined inherited and earned myself

                       2022                2023                2024               
January-$1,682,771$1,932,150
February-$1,651,301$2,002,751
March-$1,695,258-
April$1,616,393$1,709,287-
May$1,620,128$1,685,455-
June$1,502,733$1,769,299-
July$1,609,981$1,833,052-
August$1,553,391$1,801,133-
September$1,429,000$1,726,665-
October$1,534,000$1,680,000*-
November$1,637,342$1,818,188-
December$1,567,591$1,927,629-


Officially double member of the double comma club.  Riding out the rest of this work year while my youngest is on my health insurance still, but I have to admit it will be tempting to move up the retirement date if this trend continues.

rebel_quietude

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Re: Race from $1M to $2M
« Reply #2518 on: March 01, 2024, 10:12:25 AM »
2020         $1,019,917
APR 2021  $1,100, 966
AUG 2021 $1,200,662
JUN 2023 $1,303,602
DEC 2023 $1,405,881

About two months for a 100k increase. Noice.

FEB 2024 - $1,507,378

dandarc

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Re: Race from $1M to $2M
« Reply #2519 on: March 01, 2024, 01:03:40 PM »
Date          TotalNW   Stache Only
Nov 12 2020 - 1.001M    0.953M
Jan 01 2021 - 1.061M    1.026M
Jan 01 2022 - 1.279M    1.246M
Jan 01 2023 - 1.066M    1.032M
Jan 01 2024 - 1.259M    1.221M
Feb 03 2024 - 1.269M    1.229M
Mar 01 2024 - 1.311M    1.261M

Stache Highwater mark: November 9 2021 - 1.282M Total, 1.261M Stache


Total NW highest ever - woo! Stache $1,500 from highest ever - and with what the market is doing today, might well be there if I add it all up again tomorrow. Woo!

Finwiz

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Re: Race from $1M to $2M
« Reply #2520 on: March 01, 2024, 07:37:32 PM »
Broke 1.2mm for the first time! Seems like 1.3mm EoY goal is reasonable if the market generally behaves.

A house on our street just set the record price for our town, and another home four houses down from us just listed for 300k more than the record sale... feels a bit frothy to me, so we'll stick with our super conservative number (although you could argue we're tracking 50-80k under market).

01/01/21 - $400,149
03/31/21 - $458,005 (+$57,856)
06/30/21 - $517,109 (+$116,960)
09/30/21 - $563,939 (+$163,790)
12/31/21 - $603,373 (+$203,224)

01/16/22 - $601,346 (-$2,026)
03/31/22 - $646,383 (+$43,010)
06/30/22 - $638,810 (+$35,437)
10/17/22 - $672,896 (+$69,523)
12/31/22 - $736,945 (+$133,573)

01/15/23 - $758,371 (+$21,425)
03/31/23 - $842,402 (+$105,457)
07/15/23 - $957,667 (+$220,721)
10/16/23 - $988,762 (+$251,816)
11/07/23 - $1,005,005 (+$268,059)
12/31/23 - $1,102,511 (+$365,566)

01/31/24 - $1,117,437 (+$14,925)
02/16/24 - $1,149,646 (+$47,135)
02/29/24 - $1,212,796 (+$110,285)

ToughMother

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Re: Race from $1M to $2M
« Reply #2521 on: March 01, 2024, 08:59:58 PM »
A little early for a 1st quarter update, but I hit some nice milestones:

date         NW        Investments
4/3/14     $430k         $225k
9/19/14    $500k         $275k
11/6/14    $550k         $300K
5/9/15     $600k         $341k
4/13/16    $650k         $375k
9/7/16     $700k         $410k
5/6/17     $750k         $674k (*I think I lost info on one of our accounts prior to this)
9/9/17     $800k         $717k
11/22/17      Assets hit $1M
12/15/17   $850k         $770K
3/10/18    $900k         $770k (refinanced house, put $ in, and moved from 30 to 15 yrs)
6/16/18    $950k         $818k
12/26/18   $900k         $750k
1/10/19    $950k         $803k
2/19/19    $1M !!!       $856k
6/12/19    $1.05M        $900k
10/9/19    $1.08M        $895k (downpayment on new house)
12/31/19   $1.16M        $974k
2/12/20    $1.19M        $1M !!!
bad, scary, viral things happened, sold first house, interior reno on new house, then back at it
8/13/21    $1.46M        $1.27M
12/31/21   $1.54M        $1.34M (refinanced house)
12/29/22   $1.48M        $1.26M (major house repairs/construction; invested ~$95K this year not including pension contributions)
3/31/23    $1.50M        $1.33M (major house repairs/construction con't)
6/30/23    $1.53M        $1.40M (just finished house work)
9/30/23    $1.53M        $1.39M
12/31/23   $1.68M        $1.52M
2/29/24       Assets hit $2M
3/1/24     $1.78M        $1.60M (FIRE'd)
« Last Edit: March 02, 2024, 08:00:24 PM by ToughMother »

moof

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Re: Race from $1M to $2M
« Reply #2522 on: March 01, 2024, 11:25:11 PM »
$2.029M in total investments as of 3/1.  $77k of that is a 529 for the kiddo, so I am not graduating myself until the actual retirement fund ticks over.  Just $48k to go to hit that.

pasadenafr

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Re: Race from $1M to $2M
« Reply #2523 on: March 02, 2024, 09:08:03 AM »
Invested assets, long term savings and debts:

12/31/14       $51,962
12/31/15       $92,762
12/31/16      $163,900
12/31/17      $251,415
12/31/18      $330,093 - new job, nice retention bonus from previous job
12/31/19      $519,878 - pension lump sum after leaving old job (rolled into 401k)
12/31/20      $714,958
12/31/21      $993,847 - reached $1M on 11/03 and then, well... yeah.
12/31/22      $855,784
12/31/23    $1,184,285 - $1M reached (again) on 05/18
---

01/31/24    $1,196,456
02/29/24    $1,249,619


Because of course I always end the month just shy of a new round number.

Total saved this month: $13,800 but the number only includes $7,150 because my 401(k) contribution on 02/29 hadn't made it to BrokerageLink yet.

Timeforfocus

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Re: Race from $1M to $2M
« Reply #2524 on: March 02, 2024, 07:03:00 PM »
For some reason I've never done one of these, but here we are-exactly one year to the day from when we hit 1M invested, so-I guess let's check the progress.
2/9/21 $1004483
2/9/22 $1249290 (+244807)

Holy cow! Thanks bull market and compound interest. We cracked the 100k combined income first in 2016, and this year we made it to 150k. Still working on convincing my husband that we are closer to FIRE than he thinks :)

Huh, I've not been keeping up well with this, but
2/9/23 $1142996 (-106294)
2/9/24 $1491501 (+348505)

Essentially 3 years from 1M-1.5M in investments.
TNW is 11k from 2M...when do I get to graduate to the next thread? Is there a gatekeeper who will keep me out if I try to jump?
DH is still not on board with pulling the plug, but he likes his job. On the plus side for me, he'll let me bail whenever!

Bartie Musa

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Re: Race from $1M to $2M
« Reply #2525 on: March 02, 2024, 08:42:14 PM »
Bartie Musa - Wow i've never seen a thread like this before, you guys are ROCKING IT! Truly motivational. Thank you for sharing.

WesternAugust

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Re: Race from $1M to $2M
« Reply #2526 on: March 03, 2024, 09:21:22 AM »
05/01/14 Cash & Investments: $135,000
02/21/21 Cash & Investments: $855,000
07/23/21 Cash & Investments: $1,010,510
09/02/21 Cash & Investments: $1,056,104
11/03/21 Cash & Investments: $1,097,920
01/03/22 Cash & Investments: $1,130,791
09/25/22 Cash & Investments: $970,496
11/04/22 Cash & Investments. $1,002,769
02/01/23 Cash & Investments: $1,109,044
04/20/23 Cash & Investments: $1,139,393
06/02/23 Cash & Investments: $1,175,438
06/14/23 Cash & Investments: $1,200,739
07/28/23 Cash & Investments: $1,253,933
11/15/23 Cash & Investments: $1,260,711
12/11/23 Cash & Investments: $1,301,887
12/28/23 Cash & Investments: $1,367,990
02/02/24 Cash & Investments: $1,400,428
03/01/24 Cash & Investments: $1,452,506

I was digging through some old documents and I think the first time I ever calculated our net worth was in 2014 with $135k. That’s grown over $1.3m in less than 10 years!

WesternAugust

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Re: Race from $1M to $2M
« Reply #2527 on: March 03, 2024, 09:26:15 AM »
Looks like this latest run made several folks official multimillionaires. Congrats all!

grantmeaname

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Re: Race from $1M to $2M
« Reply #2528 on: March 04, 2024, 09:00:11 AM »
Hello everyone! Graduation day for us this month with my annual bonus just tipping us up and over into the two comma squad. With my 401(k) totally filled, the focus for the rest of the year is mortgage paydown.
Year       Jan  Feb  Mar  |      Apr  May  Jun  |      Jul  Aug  Sep  |      Oct  Nov  Dec
2015 -$10k-$10k-$10k|-$10k-$10k-$10k|-$10k-$10k-$10k|-$9k-$6k-$5k
2016 -$3k-$2k-$0k|$1k$3k$4k|$6k$7k$9k|$9k$11k$13k
2017 $15k$16k$18k|$20k$22k$24k|$26k$27k$30k|$32k$35k$36k
2018 $45k$44k$53k|$56k$55k$52k|$63k$62k$65k|$75k$72k$73k
2019 $80k$100k$104k|$108k$119k$126k|$127k$130k$133k|$141k$153k$163k
2020 $167k$162k$156k|$187k$196k$208k|$228k$242k$246k|$252k$287k$303k
2021 $316k$365k$377k|$403k$414k$428k|$444k$460k$461k|$485k$485k$516k
2022 $489k$567k$586k|$540k$551k$518k|$566k$564k$535k|$566k$600k$587k
2023 $612k$640k$660k|$679k$712k$748k|$793k$795k$791k|$783k$817k$873k
2024 $873k$1.000M-|---|---|---

catbend

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Re: Race from $1M to $2M
« Reply #2529 on: March 04, 2024, 09:25:53 AM »
@caracarn you're totally right. It's funny I noticed that +husband gains, and somehow didin't say anything about it. I am honestly surprised at how much of a benefit it has been.  We've both gotten raises (same time as getting married) and decided to really lean into paying off our mortagage, which we did and then shifted all the mortage payment money and even more into investing.  You're absolutely right that I could not have done this without the husband!

drumstache

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Re: Race from $1M to $2M
« Reply #2530 on: March 04, 2024, 11:46:03 AM »

DATE      INVESTMENTS + EF
Dec 2010      $137,800   
Dec 2011      $145,000   
Dec 2012      $179,000   
Dec 2013      $199,543   
Dec 2014      $221,787   
Jan 2015      $247,945   
May 2015      $279,652   
May 2016      $328,980   
Jul 2017      $417,772   *Discovered MMM
Aug 2018      $491,708   
Jul 2019      $617,447   
Jul 2020      $727,000   
Jul 2021      $935,000   
Jul 2022      $877,000   
Jan 2023      $930,091
Jul 2023      $971,263   
Oct 2023      $992,000   
Nov 2023      $1,032,057
Dec 2023      $1,078,425
Jan 2024      $1,110,511  ($1,320,511 TNW)
Feb 2024      $1,137,614  ($1,347,614 TNW)
Mar 2024      $1,167,962  ($1,377,962 TNW)


Turtle

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Re: Race from $1M to $2M
« Reply #2531 on: March 04, 2024, 12:15:38 PM »
Hello everyone! Graduation day for us this month with my annual bonus just tipping us up and over into the two comma squad. With my 401(k) totally filled, the focus for the rest of the year is mortgage paydown.
Year       Jan  Feb  Mar  |      Apr  May  Jun  |      Jul  Aug  Sep  |      Oct  Nov  Dec
2015 -$10k-$10k-$10k|-$10k-$10k-$10k|-$10k-$10k-$10k|-$9k-$6k-$5k
2016 -$3k-$2k-$0k|$1k$3k$4k|$6k$7k$9k|$9k$11k$13k
2017 $15k$16k$18k|$20k$22k$24k|$26k$27k$30k|$32k$35k$36k
2018 $45k$44k$53k|$56k$55k$52k|$63k$62k$65k|$75k$72k$73k
2019 $80k$100k$104k|$108k$119k$126k|$127k$130k$133k|$141k$153k$163k
2020 $167k$162k$156k|$187k$196k$208k|$228k$242k$246k|$252k$287k$303k
2021 $316k$365k$377k|$403k$414k$428k|$444k$460k$461k|$485k$485k$516k
2022 $489k$567k$586k|$540k$551k$518k|$566k$564k$535k|$566k$600k$587k
2023 $612k$640k$660k|$679k$712k$748k|$793k$795k$791k|$783k$817k$873k
2024 $873k$1.000M-|---|---|---

Welcome to the thread!  So exciting to watch everyone's progress in the last year or so!

grantmeaname

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Re: Race from $1M to $2M
« Reply #2532 on: March 04, 2024, 12:25:00 PM »
Thank you! It's a nice new neighborhood to be in!

Woodro85

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Re: Race from $1M to $2M
« Reply #2533 on: March 04, 2024, 01:13:18 PM »


8/1/2023   $1,078,000
9/1/2023   $1,082,000
10/1/2023 $1,063,000
11/1/2023   $1,069,000
12/1/2023   $1,103,000

Ah how nice this recent market rally has been. Was hoping to get over $1.1 before the end of the year, and I've hit that if things hold. I'd be very happy if my NW increased by $100k in a year after what felt like a very expensive year. Good luck to you all in the final month of 2023!
[/quote]

1/1/2024   $1,142,037
2/1/2024   $1,149,992
3/1/2024   $1,181,883

Life continues to be expensive and expenses roll in. At the end of the month, I don't think I'm going to be happy with the results. But I keep to the plan, socking away funds, and the market helps through the expensive months. This does include my house but I have it conservatively built in. The snowball is starting to roll and really start seeing an impact on those big market days. Waiting to hear about salary increase by early next week which might expedite this further still. I'm just shy of 10 years out from having a negative networth :)

fuzzy math

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Re: Race from $1M to $2M
« Reply #2534 on: March 05, 2024, 09:14:08 PM »
Another big month!

Investments only

                   2018            2019            2020            2021            2022            2023             2024             
January-$226,942$401,746$603,129$905,792$860,957$1,139,972
February-$249,796$414,430$610,412$867,164$930,363$1,201,046
March-$270,351$412,631$630,438$856,028$938,053$1,287,113
April-$285,770$393,815$679,078$900,389$957,750-
May-$295,838$414,524$719,534$837,895$973,337-
June$219,320$283,393$452,579$737,483$849,385$968,752-
July$228,483$307,071$471,455$771,570$798,307$1,013,927-
August$234,711$315,942$496,982$784,835$861,929$1,059,239-
September$245,993$318,301$529,603$815,664$837,259$1,057,189-
October$251,023$334,301$525,945$795,014$780,500$1,011,786-
November$238,881$352,430$528,082$851,714$844,902$971,634-
December$244,687$370,715$585,310$880,980$899,305$1,079,203-


Mrs. Healthywealth

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Re: Race from $1M to $2M
« Reply #2535 on: March 09, 2024, 02:45:30 PM »
Just updated our net worth. We are at 1,999k. It’s so painful waiting for that last 1k! 😂

I may just wait until next month after payday, when we will solidly be over 2M, to check again.

We did it!

Took us 7 years to get to the first M, and slightly over 4 years to get to the second M. It will probably take us a lot longer to get to the third M, because we’ve hit our number and will probably FIRE soon. Oh happy day!

Congrats!  Currently at 1.989M here, just that last little bit before we can join the graduation party...

Also, very close. At 1.85M. In process of buying some lease to own rentals that will take us over 2M next week. Surpassing our March NW goal.

SEAK

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Re: Race from $1M to $2M
« Reply #2536 on: March 14, 2024, 01:25:39 PM »
Oh so close, was really hoping to hit $2M in LNW before celebrating my 50th bday Saturday on the Big Island. Looking like I'll have to wait a bit longer...

LNW
2019- $1.08M
2020- $1.35M
2021- $1.68M
2022- $1.46M
2023- $1.83M
3/12/24- $1.98M

use2betrix

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Re: Race from $1M to $2M
« Reply #2537 on: March 14, 2024, 02:54:49 PM »
*Bought home in Feb 2024 - put $200k down, including downpayment in NW, remainder is liquid/investments

Mar 1, 2015 - -$9k
Feb 1, 2016 - $90k
Apr 1, 2016 - $100k 

Jan 1, 2017 - $177k
Dec 1, 2017 - $187k
Jan 1, 2018 - $196k
Feb 1, 2018 - $214,462
Mar 1, 2018 - $225,651
Apr 1, 2018 - $238,764
May 1, 2018 - $251,725

June 1, 2018 - $265,145
July 1, 2018 - $272,423
Aug 1, 2018 - $277,896
Sep 1, 2018 - $298,543
Oct 1, 2018 - $296,603
Nov 1, 2018 - $288,618
Dec 1, 2018 - $304,127
Jan 1, 2019 - $294,621
Feb 1, 2019 -  $326,081
Mar 1, 2019 - $354,771
Apr 1, 2019 - $384,308
May 1, 2019 - $407,770
June 1, 2019 - $404,625
July 1, 2019 - $420,082
Aug 1, 2019 - $441,976
Sep 1, 2019 - $458,940
Oct 1, 2019 - $481,915
Nov 1, 2019 - $501,937

Dec 1, 2019 - $518,283
Jan 1, 2020 - $544,655
Feb 1, 2020 - $573,474
Mar 1, 2020 - $557,410
Apr 1, 2020 - $494,414
May 1, 2020 - $572,326
June 1, 2020 - $618,048
July 1, 2020 - $600,510
Aug 1, 2020 - $659,872
Sep 1, 2020 - $704,682
Oct 1, 2020 - $696,932
Nov 1, 2020 - $694,944
Dec 1, 2020 - $782,831
Jan 1, 2021 - $823,189
Feb 1, 2021 - $846,277
Mar 1, 2021 - $891,092
Apr 1, 2021 - $903,097
May 1, 2021 - $954,334
June 1, 2021 - $973,181
June 25, 2021 - $1,000,494

July 1, 2021 - $1,002,759
Aug 1, 2021 - $1,022,662
Sep 1, 2021 - $972,952
Oct 1, 2021 - $944,614
Nov 1, 2021 - $1,036,993
Dec 1, 2021 - $1,007,306
Jan 1, 2022 - $1,049,006
Feb 1, 2022 - $1,020,265
Mar 1, 2022 - $991,144
Apr 1, 2022 - $1,053,412
May 1, 2022 - $949,710
June 1, 2022 - $955,306
July 1, 2022 - $945,090
Aug 1, 2022 - $1,027,031
Sep 1, 2022 - $1,006,388
Oct 1, 2022 - $949,870
Nov 1, 2022 - $1,024,554
Dec 1, 2022 - $1,096,536
Jan 1, 2023 - $1,048,891
Feb 1, 2023 - $1,138,646
Mar 1, 2023 - $1,134,378
Apr 1, 2023 - $1,149,801
May 1, 2023 - $1,173,561
June 1, 2023 - $1,184,619
July 1, 2023 - $1,236,477
Aug 1, 2023 - $1,268,195
Sep 1, 2023 - $1,141,753
Oct 1, 2023 - $1,173,757
Nov 1, 2023 - $1,159,177
Dec 1, 2023 - $1,233,521
Jan 1, 2024 - $1,284,058
Feb 1, 2024 - $1,322,866
Mar 1, 2024 - $1,365,079


Wow, hadn’t updated since Nov 1, 2021. Getting back in the groove. Would love to hit $1.5mm this year, but it’ll be largely dependent on the market. January last year I accepted a new position at a major pay cut for a major work life balance increase. While it’s hurt the savings, the work life balance has been very well worth it. I’m ‘thinking’ if I can save $60k/yr (reasonable) for 8 years, at 8% return, I’ll have around $3mm which will put me comfortably in FIRE territory. I would probably take the next major step back in my career at around $2.5mm-$3mm and do part time consulting work to cover our living expenses while the ‘stache continues to grow.. We’ll see what happens, the last several months is the first time I’ve started to feel more comfortable with a FIRE number..

^above assuming I can continue finding the job tolerable (and they find me tolerable)!

*also realizing that I think I need to create a more forum friendly table to document this lol.

PassMMM

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Re: Race from $1M to $2M
« Reply #2538 on: March 15, 2024, 08:09:28 AM »
*Bought home in Feb 2024 - put $200k down, including downpayment in NW, remainder is liquid/investments

January last year I accepted a new position at a major pay cut for a major work life balance increase. While it’s hurt the savings, the work life balance has been very well worth it. I’m ‘thinking’ if I can save $60k/yr (reasonable) for 8 years, at 8% return, I’ll have around $3mm which will put me comfortably in FIRE territory. I would probably take the next major step back in my career at around $2.5mm-$3mm and do part time consulting work to cover our living expenses while the ‘stache continues to grow.. We’ll see what happens, the last several months is the first time I’ve started to feel more comfortable with a FIRE number..

^above assuming I can continue finding the job tolerable (and they find me tolerable)!

*also realizing that I think I need to create a more forum friendly table to document this lol.

We are in a remarkably similar position. Very similar NW; same FIRE target, and I also very recently took a very large pay cut (approx. 50%) for a massive work-life upgrade that will dramatically slow my progress, but similarly hoping to save approx. 80k a year for the next 9 or so years and leave full time work. I also post non-forum-friendly updates. Just weird enough I had to comment lol, best of luck out there.

jmutt

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Re: Race from $1M to $2M
« Reply #2539 on: March 17, 2024, 05:46:07 AM »
JAN 2024 NW 1.4M

Net worth flatlined for a bit as I changed jobs and dealt with the rough stock market 2022. 

Not a bad year.

DEC 2021 NW: 1.30M
DEC 2020 NW: 1.11M
SEP 2020  NW: 1.0M
DEC 2019 NW: 933k
DEC 2018 NW: 737K
DEC 2017 NW: 697k
DEC 2016 NW: 559k
DEC 2015 NW: 444k
DEC 2014 NW: 385k
DEC 2013 NW: 337k
DEC 2012 NW: 253k
DEC 2011 NW: 209K
DEC 2010 NW: 184k

AFrugalGuy

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Re: Race from $1M to $2M
« Reply #2540 on: March 17, 2024, 05:30:11 PM »
(Calculations include primary residence, current value of defined benefit pension plan, emergency fund and liquid retirement investments.)

November 30, 2023: $1,265,857.28
December 31, 2023: $1,375,143.79 (+$177,313.28 or 14% from December 31, 2022)
January 31, 2024: $1,438,100.90
February 29, 2024: $1,427,226.01 (future value of DB pension plan declined, but my own retirement investments rose by over $16k)

 

Wow, a phone plan for fifteen bucks!