Race from 10 to 100k!!

[grantmeaname]

“To refer to a personal taste of mine, I’m going to buy hamburgers the rest of my life. When hamburgers go down in price, we sing the ‘Hallelujah Chorus’ in the Buffett household. When hamburgers go up in price, we weep. For most people, it’s the same with everything in life they will be buying — except stocks. When stocks go down and you can get more for your money, people don’t like them anymore.”
- Warren Buffett

[Nederstash]

Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171 (+1150 but that's earmarked to prepay next year's health insurance)

EOY 2018: 87686

Whoo, what a year! I still managed 14.4k networth increase. On a 40k take home income, could've been better, but I'm not mad at it.

Grant, thanks for quoting Buffet. The market might be giving us coal for Christmas, but it'll turn into diamonds over time! Under the pressure of... the powerful... thighs of the economy..? idk I'm sorry.

Anyway, goals for 2019: break that 100k!

[Hirondelle]

Dec 2017 €14.300
Jan 2018 €16.000 (+1700)
Feb 2018 €17.050 (+1050)
Mar 2018 €17.300 (+250)
Apr 2018 €18.600 (+1300)
May 2018 €21.200 (+2600)
June 2018 €23.300 (+2100)
July 2018 €24.400 (+1100)
Aug 2018 €25.700 (+1300)
Sept 2018 €26.100 (+400)
Oct 2018 €26.100 (+0)
Nov 2018 €29.100 (+3000!!)
Dec 2018 €35.600 (+6500)

Had a 7.5k windfall but the market tanking and paying my health insurance ate up some of those savings. However, still at +€21.3k for the year which is amazing! Stretch goal for next year will be to reach €60k.

[jojoguy]

October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396


Even with the markets going down this has been surreal.

[paulkots]

11/26/17: $47,707.48
06/22/18: $72,953.75
07/27/18: $71,676.31
08/23/18: $65,034.83
10/04/17: $63,306.87
10/26/18: $64,270.98
11/27/18: $66,467.65

The number is going up only because I am putting away funds for next quarters tax payment. Ultimate goal is paying house down aggressively but I don't count the equity into this number. Overall a very good month. Hosted part of Thanksgiving(1 of the many gtgs my family had) but since I cut away spending in other parts, I came in significantly under budget. Since gifts are bought, I am hoping for a good December.

12/26/18: $66,160.59

Very happy with this December, spending was at the minimal but it was also a fun month.

[M5]

Been awhile since I've posted, trying to get back on track to start the new year. Also just started to max my TSP and wife will be contributing $8800/yr to her 401k with the hopes of working towards maxing hers out as well by the middle of 2019. Should let our NW grow much faster!

4/13/18: $14,324.67
12/27/18: $20,377.45

[jojoguy]

Been awhile since I've posted, trying to get back on track to start the new year. Also just started to max my TSP and wife will be contributing $8800/yr to her 401k with the hopes of working towards maxing hers out as well by the middle of 2019. Should let our NW grow much faster!

4/13/18: $14,324.67
12/27/18: $20,377.45

Nice to break 20K right before the new year!

[Serendip]

Dec'17    18,146
Jan'18     23,607
Feb'18     27,000
Mar'18     29,008
Apr'18     30,100
May'18    35,030
June'18   36,700
July'18    39,000
Aug'18    40,150
Sept'18   42,500
Oct'18     43,300
Nov'18    44,500
Dec'18    46,250* thought this was my  end of year number- but was able to add another chunk due to overpaying a tax installment --hurrah!
final      48,380

[repman]

Nov 2017     65.000€
Dez 2017     69.000€  a frugal month and a christmas paycheck !
Jan  2018     73100€
Feb  2018     74100€
Mar  2018     57300€  some expenses and bad investment decisions
Apr 2018      58800€
May 2018      62285€
June 2018     65500€
July 2018      71538€
Aug 2018      76500€
Sep 2018      78600€
Oct 2018      81500€
Nov 2018      83980€
Dez 2018      86500€
Jan 2019       90900€  some boni

Goal: 100.000€ in April 2019

Retire:
plan:      3\1\2025     24 x Living Expenses(year)
is:          now            7,3 x Living Expenses(year)

Don't forget to enter data into the column on the right side of the speadsheet! Not into the first column!
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0

[M5]

Been awhile since I've posted, trying to get back on track to start the new year. Also just started to max my TSP and wife will be contributing $8800/yr to her 401k with the hopes of working towards maxing hers out as well by the middle of 2019. Should let our NW grow much faster!

4/13/18: $14,324.67
12/27/18: $20,377.45

Nice to break 20K right before the new year!

Thank you! I'm setting a goal to hit 75k by the end of next year!

[adamsputnik]

1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00
12/31/18 - 30,072.00

Ending the year on a bit of a down note with investments decreasing, but the EF is in better shape now. Still above 30k though.

[zee dot]

9/2017 (168,529.23)
10/2017 (156,730.67)
12/2017 (155, 778.96)
1/2018 (146,335.62)
2/2018 (146,208.20)
3/2018 (90,769.56) annual bonus
4/2018 (83,753.06)
6/2018 (73,857.57)
9/2018 (61,215.95)
10/2018 (51,434.89)
12/2018 60,865.74 sold a house

This doesn't count the equity in my primary home. Still trying to figure out best way to categorize my networth. Didn't originally track equity so trying this out. 

[JCGreen]

I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big, and I just started it in July. My checking account is also not included as it has money I will likely spend this month. Money in retirement accounts that is not vested is also not included. Part of the big jump in between April and August is that part of my 401K vested 20%.  My savings rate will probably be higher next year, as I am looking for a new job in a lower cost of living area, or if I keep my current job, the 401k match goes up to 6% for 4.5%.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
 

Dec2018: $23,959.92 (+12)
The market seems to be playing with me a lot this month. I might not update next month as all my work accounts are being transferred to a new service providers due to company buy out a while ago.  I might never get out of the 20's. My expenses this month were higher than usual, but none of that came out of my HSA or retirement account funds.

[zeli2033]

End of Year Update

8/31/18: $12,784
9/17/18: $14,547
9/28/18: $$22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219
12/31/18: $36,235 (+16)

WHEW, this month was a doozy with spending. That plus the markets being what they are basically makes December a flat month. But when taking a step back and looking at the beginning of the year, our NW climbed ~$63k over 2018 and that's nothing to sneeze at. Fingers crossed we can keep the pace up going into 2019.

[Tasse]

Jul 17	$6.2k
Aug 17	$6.8k
Sept 17	$8.2k
Oct 17	$9.0k
Nov 17	$9.9k
Dec 17	$11.1k
Jan 18	$12.1k
Feb 18	$13.6k
Mar 18	$15.1k
Apr 18	$16.6k
May 18	$17.7k
Jun 18	$18.5k
Jul 18	$20.2k
Aug 18	$20.8k
Sept 18	$22.2k
Oct 18	$21.7k
Nov 18	$22.5k

Dec 18: $22.4k

This month I saved $1.1k - more than my average - and lost $1.2k in the market. Not a very exciting end of the year, but I have still doubled my number from a year ago.

[ASW]

1/1/2018:   $38,800
2/1/2018:   $49,800
3/1/2018:   $55,707
4/1/2018:   $64,352
5/1/2018:   $68,097
6/1/2018:   $72,976
7/1/2018:   $80,555
8/1/2018:   $85,858
9/1/2018:   $90,137
10/1/2018: $93,806
11/1/2018: $89,537
12/1/2018: $92,795
1/1/2019:   $88,534

Saved about $1800 this month, but couldn't overcome the market moves.  Hoping to graduate in March or April.

[LittleWanderer]

December 2017 - $11,208
January 2018 - $10,713
February 2018 - $11,869
March 2018 - $14,175
April 2018 - $14,330
May 2018 - $14,592
August 2018 - $19,246
September 2018 - $20,031
October 2018 - $19,301
November 2018 - $20,523

December 2018 - $20,923

Despite saving my "usual" amount, my numbers didn't go up all that much because you know, the market and all that.  That's okay.  Happy New Year, everyone!

[Old Ball Coach]

This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
Aug 2018 - $72,231.70
Sept 2018 - $76,755.71
Oct 2018 -  $64,348.89
Nov 2018 - $70,839.76
Dec 2018 - $58,351.73

Loss was all due to market loss. Our 401(k), 403(b), and HCSP were down a combined $13,600. We were still able to eliminate one credit card and only have one to go on that. We were also able to continue to fund a "new" vehicle account, so things still going well other than the market. Of course, no plans to use those retirement funds for another 15 or so years, so there is plenty of time for them to bounce back.

For the New Year, we are looking at putting an additional 5% of our salaries into our retirement accounts. That will definitely give us a boost to our savings rates.

[zygote]

For context: I'm 29 in a HCOL city. I'm married, but these are my own numbers since we keep our finances separate. Includes cash, retirement, and credit cards, which are used for normal expenses and paid off in full every month.

3/18: $48,533.91
4/18: $53,215.13 (+4,681.22 - extra paycheck)
5/18: $55,433.65 (+2,218.52)
6/18: $57,041.95 (+1,572.27)
7/18: $59,753.49 (+2,711.54)
8/18: $63,816.19 (+4,062.70)
9/18: $70,101.27 (+6,285.08 - extra paycheck)
10/18: $73,538.91 (+3,437.64)
11/18: $69,595.61 (-3,943.30)
12/18: $73,126.64 (+3,531.03)
1/19: $69,733.94 (-2,712.15)

Loss is due to the market. The fluctuations make more of an impact as my net worth increases. My savings were the same this month as they've been all year. I even hit my $3,000 goal of money earmarked for a taxable account, so I opened one with Vanguard and put it all in VTSAX. When the market goes back up, so will all my new shares!

[peppermint]

01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63
09/2018: $62036.49
10/2018: $64543.48
11/2018: $63002.61
12/2018: $65136.29
01/2019: $64776.35

Like others here, I took a bit of a hit because of the market. Still ended up saving ~25K over the course of the year. Happy 2019, everyone!

[JAYSLOL]

2018
Jan1 - 63.8k
Feb1 - 64.0k (+200)
Mar 1 - 65.0k (+1000)
Apr 1 - 65.4k (+400)
May 1 - 67.5k (+2100)
June 1 - 69.5k (+2000)
July 1 - 72.3k (+2800)
Aug 1 - 74.0k (+1700)
Sept 1 - 76.7k (+2700)
Oct 1 - 79.6k (+2900)
Nov 1 - 79.5k (-100)
Dec 1 - 81.8k (+2300)
2019
Jan 1 - 82.5k (+700)

Happy New Year everyone! Edit: changed Jan 1 number from 80.5 to 82.5, had 2k transferred into my account which I didn't count.  Here's to 2019, and hopefully graduation by Aug or so. 

[Jim Fiction]

Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

June ended around 36,000 (estimate, was too busy to exactly keep track). July ends with my NW up to $38,676.

Happy with my progress, though I've been spendier than I should.  On a plus side, it looks like I'll be taking a new job which should see a ~20% bump in pay, plus a nice sign on bonus. So my NW should begin to grow more quickly! Ohh and my commute will be dropping from 42 miles down to 2.5 miles! As a result I'll be saving a ton on gas and wear and tear on my car.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003

December Notes

I was really hoping to crack $50,000 again, but market downturn coupled with some pricey medical bills, my car getting stolen (got it back, but had to change the locks) and Christmas spending made sure that didn't happen.

Hopefully 2019 will start off on a better note!

[L2]

End of July NW: 84,495
End of Year projected NW: 104,324

End of August NW: 88,430.58
End of Year projected NW: 105,233.73

End of September NW: 90,725.77
End of Year Projected NW: 105,847.91

Definitely a rougher month for me expense wise. Had $700 of work expenses that I covered up front, $750 in car repairs, weekend trips to Chicago and Toronto, and the girlfriend's birthday dinner/night out.

October should set up to be a nice month - very little out of the ordinary expenses, work expense reimbursement, and ~$1200 in net bonuses.
November should also be a nice month. Raise will go into effect beginning 11/1 and its a 3 paycheck month. Goal is now to hit 100k effective 11/30.

End of October NW: 92,808.68
End of Year Projected NW: 103,981.71

Bleh stock market.

End of November NW: 98,999.81
End of Year Projected NW: 103,693.80

Lot of money moving around right now being end of year, so its hard to get a to-dollar amount. However for purposes of tracking:

End of December NW: 98,000.

Sucks man.

[snoot]

January              67,602
February             72,789
March                 75,413
April                    75,770   
May                    73,933   
June                   77,260
July                    77,632   
August               79,049
September         83,381 
October             88,081
November          94,261
December          98,822
January             101,315

Just made it to the next thread! Great job everyone, hope to see many of you in the 100k - 250k thread soon!

[JAYSLOL]

January              67,602
February             72,789
March                 75,413
April                    75,770   
May                    73,933   
June                   77,260
July                    77,632   
August               79,049
September         83,381 
October             88,081
November          94,261
December          98,822
January             101,315

Just made it to the next thread! Great job everyone, hope to see many of you in the 100k - 250k thread soon!

Congrats, see you there sometime later this year

[vertkurt]

1/1= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642
9/1/18= 37,413
10/1/18= 41,426
11/1/18= 37,475
12/1/18= 44,300
1/1/19= 46,862

[Mattrim]

6/30: 5828.16$
8/1:   15412.83$ (+9586.67$)
8/31: 19351.65$ (+3938.82$)
9/31: 25450$ (+6099$)
11/1: 29805$ (+4355$)
12/3: 35490$ (+5685$)
1/3:   41338$ (+5848$)

Reached my goal of 40k! Very happy with that :) Goal for 2019 is to pass 100k, it should absolutely be possible. The biggest challenge is that I and DW will take out unpaid leave to stay home with our newborn son. Still, I think we should manage :)

[twistedfirestarter]

£24,041 Apr '17
£26,105 May '17
£28,229 Jun '17
£31,961 Jul '17
£34,902 Aug '17
£37,596 Sep '17
£41,756 Oct '17
£45,885 Nov '17
£49,200 Dec '17
£53,000 Jan '18
£55,765 Feb '18
£58,840 Mar '18
£61,802 Apr ‘18
£66,336 May ‘18
£70,866 Jun ‘18
£74,169 Jul ‘18
£78,963 Aug '18
£82,615 Sep '18
£79,540 Oct ‘18
£84,005 Nov ‘18
£87,300 Dec ‘18

£88,150 Jan ‘19
Still plugging away

[Eric222]

Oh boy - I can join this thread now!  I'm a bit premature, but I'll be over 10k with my next paycheck.  :)

Jan 13th 2019:  $6.5k!

[MrUpwardlyMobile]

Oh boy - I can join this thread now!  I'm a bit premature, but I'll be over 10k with my next paycheck.  :)

Jan 13th 2019:  $6.5k!

Cheater!! :-p. It’s always exciting to join one of these threads. So welcome.

[jojoguy]

October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396

Okay, now I am making a few adjustments by adding my 401K totals into the mix. For a long time I have not been checking mine or my wife`s balance and have been doing company match for several years now. After taking advice from a bunch of different places, we are making some changes. From a couple of weeks back until now we have set our 401k deductions much higher to hit that $19,000 employee limit for each of us each year. I am estimating 31% of my paycheck and my wife`s is 38%. I am also setting aside an emergency fund of at least 6 months. Which will be roughly $10,000. I will keep it in our totals in each update though. Just to make things simpler in keeping count of our tally. I`ll be adding HSA as well. Now, comes the exciting part.


January 13, 2019 =

401K:
Me = $37,326.95
Wife = $25,337.03
Brokerage = $11,674.24
Emergency savings = $8300

Total =
$82,638.22

[M5]

October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396

Okay, now I am making a few adjustments by adding my 401K totals into the mix. For a long time I have not been checking mine or my wife`s balance and have been doing company match for several years now. After taking advice from a bunch of different places, we are making some changes. From a couple of weeks back until now we have set our 401k deductions much higher to hit that $19,000 employee limit for each of us each year. I am estimating 31% of my paycheck and my wife`s is 38%. I am also setting aside an emergency fund of at least 6 months. Which will be roughly $10,000. I will keep it in our totals in each update though. Just to make things simpler in keeping count of our tally. I`ll be adding HSA as well. Now, comes the exciting part.


January 13, 2019 =

401K:
Me = $37,326.95
Wife = $25,337.03
Brokerage = $11,674.24
Emergency savings = $8300

Total =
$82,638.22

Wow, what a nice surpise when you finally checked your balances!! Looks like you'll be moving on by mid-year!

[jojoguy]

October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396

Okay, now I am making a few adjustments by adding my 401K totals into the mix. For a long time I have not been checking mine or my wife`s balance and have been doing company match for several years now. After taking advice from a bunch of different places, we are making some changes. From a couple of weeks back until now we have set our 401k deductions much higher to hit that $19,000 employee limit for each of us each year. I am estimating 31% of my paycheck and my wife`s is 38%. I am also setting aside an emergency fund of at least 6 months. Which will be roughly $10,000. I will keep it in our totals in each update though. Just to make things simpler in keeping count of our tally. I`ll be adding HSA as well. Now, comes the exciting part.


January 13, 2019 =

401K:
Me = $37,326.95
Wife = $25,337.03
Brokerage = $11,674.24
Emergency savings = $8300

Total =
$82,638.22

Wow, what a nice surpise when you finally checked your balances!! Looks like you'll be moving on by mid-year!

To be fair though, Most of the 401k balances came from 15-18 previous years of passive small amounts from our bi-weekly pay. We started getting slightly more aggressive(6%) in the last 3 years. In combination to our brokerage and upping our 401k by a huge amount, things are going to be more interesting from here on out. 10 years(2019) is our goal, but we`ll probably be able to FIRE before then. I don`t want to FIRE earlier though. Unless we end up doing much better then my yearly hopeful expectations(+5%). 10 years will put us over 1 Million which is my goal. I don`t want to touch our 401K until at the earliest my wife`s, but that won`t be until 13 years. She is older than me(46), and we plan on drawing only 2% yearly(her 401K) once she turns 59 1/2 while drawing 2-3% from brokerage. My 401K won`t be touched for 21 years(I`m 38 now). That is fine because we should live fine off of the other two sources of income, plus whichever side jobs we may take when we FI. We have high goals in mind. Even if we only reach 75% or even 50%, it should be a pretty large amount compared to what we would have if we did nothing. Thanks @M5 !

P.S. I am sure to make adjustments to our plans. I am still learning the details about converting TIRA to a Roth. Mad Fientist is awesome!

[zeli2033]

Mid-January Update

8/31/18: $12,784
9/17/18: $14,547
9/28/18: $$22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219
12/31/18: $36,235
1/15/19: $44,961 (+8726)

[adamsputnik]

October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396

Okay, now I am making a few adjustments by adding my 401K totals into the mix. For a long time I have not been checking mine or my wife`s balance and have been doing company match for several years now. After taking advice from a bunch of different places, we are making some changes. From a couple of weeks back until now we have set our 401k deductions much higher to hit that $19,000 employee limit for each of us each year. I am estimating 31% of my paycheck and my wife`s is 38%. I am also setting aside an emergency fund of at least 6 months. Which will be roughly $10,000. I will keep it in our totals in each update though. Just to make things simpler in keeping count of our tally. I`ll be adding HSA as well. Now, comes the exciting part.


January 13, 2019 =

401K:
Me = $37,326.95
Wife = $25,337.03
Brokerage = $11,674.24
Emergency savings = $8300

Total =
$82,638.22

I did say you'd be done with this thread before me!

1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00
12/31/18 - 30,072.00
1/15/19 - 32,774.00

[M5]

October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396

Okay, now I am making a few adjustments by adding my 401K totals into the mix. For a long time I have not been checking mine or my wife`s balance and have been doing company match for several years now. After taking advice from a bunch of different places, we are making some changes. From a couple of weeks back until now we have set our 401k deductions much higher to hit that $19,000 employee limit for each of us each year. I am estimating 31% of my paycheck and my wife`s is 38%. I am also setting aside an emergency fund of at least 6 months. Which will be roughly $10,000. I will keep it in our totals in each update though. Just to make things simpler in keeping count of our tally. I`ll be adding HSA as well. Now, comes the exciting part.


January 13, 2019 =

401K:
Me = $37,326.95
Wife = $25,337.03
Brokerage = $11,674.24
Emergency savings = $8300

Total =
$82,638.22

Wow, what a nice surpise when you finally checked your balances!! Looks like you'll be moving on by mid-year!

To be fair though, Most of the 401k balances came from 15-18 previous years of passive small amounts from our bi-weekly pay. We started getting slightly more aggressive(6%) in the last 3 years. In combination to our brokerage and upping our 401k by a huge amount, things are going to be more interesting from here on out. 10 years(2019) is our goal, but we`ll probably be able to FIRE before then. I don`t want to FIRE earlier though. Unless we end up doing much better then my yearly hopeful expectations(+5%). 10 years will put us over 1 Million which is my goal. I don`t want to touch our 401K until at the earliest my wife`s, but that won`t be until 13 years. She is older than me(46), and we plan on drawing only 2% yearly(her 401K) once she turns 59 1/2 while drawing 2-3% from brokerage. My 401K won`t be touched for 21 years(I`m 38 now). That is fine because we should live fine off of the other two sources of income, plus whichever side jobs we may take when we FI. We have high goals in mind. Even if we only reach 75% or even 50%, it should be a pretty large amount compared to what we would have if we did nothing. Thanks @M5 !

P.S. I am sure to make adjustments to our plans. I am still learning the details about converting TIRA to a Roth. Mad Fientist is awesome!

Sounds like you have some pretty solid goals! My wife and I constantly struggle on whether we want to continue doing jobs we don't enjoy that have killer benefits or just pull the plug in a few years. We could make it work either way but would definitely be forced to work in some capacity for several extra years if we quit what we're doing currently. I'm getting ready to turn 26, her 25 and if we continue until I'm 45 I can retire with free family medical for life and a minimum pension of about 30k/yr, possibly more. By that point our combined traditional TSP/401k balances should exceed $2M. Other than not enjoying our jobs, the rest of our lives could be a breeze financially.... tough decision

[jojoguy]

October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396

Okay, now I am making a few adjustments by adding my 401K totals into the mix. For a long time I have not been checking mine or my wife`s balance and have been doing company match for several years now. After taking advice from a bunch of different places, we are making some changes. From a couple of weeks back until now we have set our 401k deductions much higher to hit that $19,000 employee limit for each of us each year. I am estimating 31% of my paycheck and my wife`s is 38%. I am also setting aside an emergency fund of at least 6 months. Which will be roughly $10,000. I will keep it in our totals in each update though. Just to make things simpler in keeping count of our tally. I`ll be adding HSA as well. Now, comes the exciting part.


January 13, 2019 =

401K:
Me = $37,326.95
Wife = $25,337.03
Brokerage = $11,674.24
Emergency savings = $8300

Total =
$82,638.22

Wow, what a nice surpise when you finally checked your balances!! Looks like you'll be moving on by mid-year!

To be fair though, Most of the 401k balances came from 15-18 previous years of passive small amounts from our bi-weekly pay. We started getting slightly more aggressive(6%) in the last 3 years. In combination to our brokerage and upping our 401k by a huge amount, things are going to be more interesting from here on out. 10 years(2019) is our goal, but we`ll probably be able to FIRE before then. I don`t want to FIRE earlier though. Unless we end up doing much better then my yearly hopeful expectations(+5%). 10 years will put us over 1 Million which is my goal. I don`t want to touch our 401K until at the earliest my wife`s, but that won`t be until 13 years. She is older than me(46), and we plan on drawing only 2% yearly(her 401K) once she turns 59 1/2 while drawing 2-3% from brokerage. My 401K won`t be touched for 21 years(I`m 38 now). That is fine because we should live fine off of the other two sources of income, plus whichever side jobs we may take when we FI. We have high goals in mind. Even if we only reach 75% or even 50%, it should be a pretty large amount compared to what we would have if we did nothing. Thanks @M5 !

P.S. I am sure to make adjustments to our plans. I am still learning the details about converting TIRA to a Roth. Mad Fientist is awesome!

Sounds like you have some pretty solid goals! My wife and I constantly struggle on whether we want to continue doing jobs we don't enjoy that have killer benefits or just pull the plug in a few years. We could make it work either way but would definitely be forced to work in some capacity for several extra years if we quit what we're doing currently. I'm getting ready to turn 26, her 25 and if we continue until I'm 45 I can retire with free family medical for life and a minimum pension of about 30k/yr, possibly more. By that point our combined traditional TSP/401k balances should exceed $2M. Other than not enjoying our jobs, the rest of our lives could be a breeze financially.... tough decision

Wow, definitely tough decision! I work the type of job most hate(retail), but I have gotten more to liking it over the last year or so. Definitely more in the last 4 or 5 months since this journey to FIRE began. I actually feel motivated to work harder and to try to get the most overtime that I can while I can. In turn, my reputation has gained significantly. My higher up boss says that he knows that I am not a waste of money when it comes to allowing me overtime. By far, the biggest compliment that I have gotten on my job. He is even allowing me to have overtime during this slow time of the year. What helps motivate me the most though is trying to stay positive even during stressful events. So, keep positive. Keep doing what you do for as long as you can stand it. The rewards will multiply the longer you persevere, my friend.

[L2]

End of July NW: 84,495
End of Year projected NW: 104,324

End of August NW: 88,430.58
End of Year projected NW: 105,233.73

End of September NW: 90,725.77
End of Year Projected NW: 105,847.91

Definitely a rougher month for me expense wise. Had $700 of work expenses that I covered up front, $750 in car repairs, weekend trips to Chicago and Toronto, and the girlfriend's birthday dinner/night out.

October should set up to be a nice month - very little out of the ordinary expenses, work expense reimbursement, and ~$1200 in net bonuses.
November should also be a nice month. Raise will go into effect beginning 11/1 and its a 3 paycheck month. Goal is now to hit 100k effective 11/30.

End of October NW: 92,808.68
End of Year Projected NW: 103,981.71

Bleh stock market.

End of November NW: 98,999.81
End of Year Projected NW: 103,693.80

Lot of money moving around right now being end of year, so its hard to get a to-dollar amount. However for purposes of tracking:

End of December NW: 98,000.

Sucks man.

Checked my numbers today and it looks like I've graduated! $101,635!

Keep up the hard work everyone. I'll be seeing you all in the race to $250k thread before we know it!

[M5]

End of July NW: 84,495
End of Year projected NW: 104,324

End of August NW: 88,430.58
End of Year projected NW: 105,233.73

End of September NW: 90,725.77
End of Year Projected NW: 105,847.91

Definitely a rougher month for me expense wise. Had $700 of work expenses that I covered up front, $750 in car repairs, weekend trips to Chicago and Toronto, and the girlfriend's birthday dinner/night out.

October should set up to be a nice month - very little out of the ordinary expenses, work expense reimbursement, and ~$1200 in net bonuses.
November should also be a nice month. Raise will go into effect beginning 11/1 and its a 3 paycheck month. Goal is now to hit 100k effective 11/30.

End of October NW: 92,808.68
End of Year Projected NW: 103,981.71

Bleh stock market.

End of November NW: 98,999.81
End of Year Projected NW: 103,693.80

Lot of money moving around right now being end of year, so its hard to get a to-dollar amount. However for purposes of tracking:

End of December NW: 98,000.

Sucks man.

Checked my numbers today and it looks like I've graduated! $101,635!

Keep up the hard work everyone. I'll be seeing you all in the race to $250k thread before we know it!

Congrats @L2 !!

[Evasion]

20 Dec 18 - 37,800
16 Jan 18 - 39,900

A bit disappointing but not too bad considering it's holidays season, I got a quarterly tax bill and paid 6 months gym membership upfront.
Will hit 40k next month!

[lexde]

3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10

1/18/2019: $35,782.18

I think I forgot to update last paycheck. I'm on track to be debt-free by the end of the first quarter this year. In the meantime, shoving $800/mo into my IRA and paying down the last of my debt which is all at 0%. I'll be interested to see how much progress I make by 3/15/19, since it will have been exactly one year from joining this thread!

[Eric222]

Oh boy - I can join this thread now!  I'm a bit premature, but I'll be over 10k with my next paycheck.  :)

Jan 13th 2019:  $6.5k!

Cheater!! :-p. It’s always exciting to join one of these threads. So welcome.

Now I'm not cheating!

1/18/2019: $20.2k. :)

[Nederstash]

Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171
Jan 18: 88673

[jojoguy]

Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171
Jan 18: 88673

Great job!

[Serendip]

I won't receive another cheque before the end of month so here is my update:

Dec '17    18,146
Jan '18     23,607
Feb '18     27,000
Mar '18     29,008
Apr '18     30,100
May '18    35,030
June '18   36,700
July '18    39,000
Aug '18    40,150
Sept '18   42,500
Oct '18     43,300
Nov '18    44,500
Dec '18     48,380
Jan '19     51,210

**made it to the halfway point for this thread!**

[Hirondelle]

Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
July 2018 €24.400 (+1.100)
Aug 2018 €25.700 (+1.300)
Sept 2018 €26.100 (+400)
Oct 2018 €26.100 (+0)
Nov 2018 €29.100 (+3.000!!)
Dec 2018 €35.600 (+6.500)
Jan 2019 €39.000 (+3.400)

No clue how I managed to save so much this month. It was a good one for business, stocks went back up, salary is increased and tax cuts were introduced so all together it adds up I guess? Seems like I'm gonna be able to hit €40k next month!

[Tasse]

Wow, Hirondelle, you've really taken off in the last 3 months!

[Hirondelle]

Wow, Hirondelle, you've really taken off in the last 3 months!

Thanks! I have to admit that the big december jump came from a windfal (old savings account set up by parents when I was a baby) but yes, November and January have both been pretty amazing! I was actually quite surprised when I added up the numbers today. My net salary is still only 2k/month :p.

[Cezil]

Dec-2016: $32,870.70
Dec-2017: $58,271.55   (+ 25,400.85)
Dec-2018: $72,493.16   (+ 14,221.61)

The market drop helped me buy more shares at a cheaper price at the end of the year.  While my net worth isn’t where I thought it would be (ended November over $75K), the lower number now means I’ll grow greater later (ideally).  [Will this year be the year I reach 100K?  I hope so!]

[jojoguy]

October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396

January 13, 2019 =
401K:
Me = $37,326.95
Wife = $25,337.03
Brokerage = $11,674.24
Emergency savings = $8300


January 26, 2019 =
401K:
Me = $39,050
Wife = $26,676
Brokerage = $12,465.85
Emergency savings = $12,000? I`ve got some precious metals from years past for a really rainy day. Not sure of total value. Guesstimate is $4K or so. I bought them over ten years ago and they lost value. They were worth double that at one point. Originally I wasn`t going to add it to the tally, but what the heck. It puts me physically and psychologically in the mind to reach that $100,000 current goal. Honestly, I`ll feel more accomplishment reaching $100K in 401K and brokerage accounts.

Total for accounts = $78,191
Total Total = $90,091