Looks like we met our 2017 goals but I am not confident that 2018 will be the same. We went through a move and 3 job transitions between the two of us this year. We also moved to an HCOL area where our housing expenses have significantly increased. The good news is our salaries have increased by around 21% and there is much greater potential for salary growth where we are now.
IF we can continue to meet our goals it will most likely be driven by a hot stock market or the crazy real estate market we are currently in. I guess only time will tell. :)
Date Added Per Year Total Estimated Year over year Gain Total Actual
Estimated
Year-End
2014 $60,000 $106,700 $62,200 $106,700
2015 $60,000 $177,869 $96,666 $203,468
2016 $65,000 $259,141 $72,907 $276,375
2017 $65,000 $345,859 $91,676 $368,051
2018 $70,000 $443,721
2019 $70,000 $548,140
2020 $80,000 $670,226
2021 $80,000 $800,491
2022 $90,000 $950,154
2023 $90,000 $1,109,844
2024 $100,000 $1,290,904
Wow, it has been a while since I updated this thread. We are still meeting our goals and if you count housing appreciation then we are probably at the end of 2021 target already. Earlier this year I was doing a lot of research on building a custom portfolio and going away from strictly VTI. In Feb/March I started shifting about 65% of our investments into this new allocation which focuses more on growth/tech/small-cap, and then uses consumer staples and a small gold position to hedge risk. Well... I got lucky/smart because it has worked amazingly through the Covid crash. I was researching this and finalizing my new portfolio asset allocation for about 5 months before making the change so this was not a spur of the moment decision.
With all that said, updated numbers below.
Date Added Per Year Total Estimated Year over year Gain Total Actual NW Total Investments Only
Estimated
Year
2014 $60,000 $106,700 $62,200 $106,700 $67,995
2015 $60,000 $177,869 $96,666 $203,468 $133,291
2016 $65,000 $259,141 $72,907 $276,375 $203,004
2017 $65,000 $345,859 $91,676 $368,051 $329,652
2018 $70,000 $443,721 $26,421 $394,472 $327,587
2019 $70,000 $548,140 $165,723 $560,195 $507,311
2020 $80,000 $670,226 $182,398 $742,593 $659,747 - YTD
2021 $80,000 $800,491
2022 $90,000 $950,154
2023 $90,000 $1,109,844
2024 $100,000 $1,290,904
I'm setting a couple of new goals. The first will be to get to 1M NW by my 32 birthday in 2022 and the second will be a stretch goal to get to 1M invested by that same date.
I think we have a pretty good shot at accomplishing at least the first unless we decide to move and call it quits early.