Hi, I am new to this race finally!
We sold our clown house, paid off our 401k loans, put a large downpayment on a much more modest home, and this is our new net worth picture:
cash savings: $55,459 (haven't decided what to do with all of this yet, just sold the house so it's sitting in savings temporarily)
401k savings: $999,573
Total liquid NW: $1,055,032
new home equity: $534,941
Total NW: $1,589,973
For the purposes of the "race" I only consider the liquid NW and not the home equity, but either way we are finally in the 1M to 2M race, woohoo!