Author Topic: Race from 100 to 250k  (Read 837441 times)

Pizzabrewer

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Re: Race from 100 to 250k
« Reply #850 on: April 03, 2017, 02:25:01 PM »
It's amazing how much value disappears between real estate commissions, closing costs, home inspections, appraisals, repairs, and everything else.

YES.

We recently sold our old house, bought a new house and moved.  The transaction costs are insane.  The real estate industry is set up to suck the maximum amount of money out of the buyers and the sellers.

ranchingretirement

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Re: Race from 100 to 250k
« Reply #851 on: April 03, 2017, 06:44:51 PM »
4.1.2017: $129,129

Good progress this past month with both of us working again. Projecting $175,000 by my wife's 29th birthday in September.


Coming over from the $10k-$100k thread.

2013
July    $14,992
2016
Dec  $100,665

It took me and my wife over 3 years to go from $10k-$100k...excited to be working toward $250k now.

1.1.2017: $109,099
2.1.2017: $112,920
3.1.2017: $113,923

My wife just started working full-time again, and with another promotion in sight, we should really be able to crank up the savings rate in 2017 & 2018.

Projected date for $250k in net worth: September 2018

retireatbirth

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Re: Race from 100 to 250k
« Reply #852 on: April 03, 2017, 07:39:34 PM »
June 2015: $120,300
July 2015: $120,800
August 2015: $125,300

December 1, 2015: $137,000

October 1, 2016: $200,000

February 3, 2017: $224,000

April 3, 2017: $244,000

Almost!

Mazzinator

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Re: Race from 100 to 250k
« Reply #853 on: April 04, 2017, 07:56:42 AM »
Does not include real estate.

5/3/16 - $100,825
6/3/16 - $104,923
7/6/16 - $106,848
8/3/16 - $116,321
9/5/16 = $127,594
10/4/16 = $134,384
11/1/16 = $136,144
12/6/16 = $146,890

1/2/17 = $156,358
2/3/17 = $167,434
3/3/17 = $181,696

4/4/17 = $158,601

Went down..hubby bought a car😬

Cornel_Westside

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Re: Race from 100 to 250k
« Reply #854 on: April 04, 2017, 05:53:08 PM »
03/2017 - $130,500
04/2017 - $133,780 (+3280 - Saved $2500, Market Gains $780)

Saved less than I wanted thanks to car trouble. Nothing major - I expect this car to last at least 3 more years and save me lots of money. Market gave decent returns. Next month I expect to save more - about ~$3500.
« Last Edit: April 04, 2017, 05:57:18 PM by Cornel_Westside »

richmadethis

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Re: Race from 100 to 250k
« Reply #855 on: April 05, 2017, 01:12:03 AM »

01/01/16   : 70127
01/02/16   : 71010
01/03/16   : 73416
01/04/16   : 74102
01/05/16   : 77079
01/06/16   : 79954
01/07/16   : 80915
01/08/16   : 84609
01/09/16   : 87883
01/10/16   : 90308
01/11/16   : 92726
01/12/16   : 95496
01/01/17   : 97661
----------------------
01/02/17   : 101,101
01/03/17   : 104,109
01/04/17   : 106,512

rg422

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Re: Race from 100 to 250k
« Reply #856 on: April 05, 2017, 09:50:45 AM »
New to the 'group'. First, thank you for the motivation; it's threads like this that keep my wife and I on the right path.

In short, my wife and I have come a long way the past few years. We are both nurses, two kids, married young at 20 (classic high school sweetheart kind of story). We were the typical anti-Mustachian, spending ALL our earned income and not saving anything for retirement. It wasn't until April 2015 when things changed. The new company I work for (2nd job working from home) offered 100% match up to 6% into the 401K and 1000 annual company contribution to my HSA. I started at 6% 401K contribution and gradually increased that up to the 18K max within a year's time. My wife eventually adopted the same 'FIRE' mindset and started contributing to her 401K. Starting this year, we'll both max out our 401Ks, ROTHs via backdoor and my HSA, as well as contribute 500 to each kids' 529.

Now, we are not 100% Mustachian. We do spend quite a bit more than we should, but we are content with our current savings/spending rate. At the beginning of our nursing careers, working at a hospital in Arizona, many of the older patient's we took care of preached that saving a lot is important, but enjoy some while we're young and able.

Investable amount....

4/5/17 - 101,800

Cheers,

Richard
« Last Edit: April 06, 2017, 10:02:59 AM by rg422 »

Money Badger

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Re: Race from 100 to 250k
« Reply #857 on: April 05, 2017, 09:39:03 PM »
End of Nov update: 110K thanks to quarterly divys and $300 in cash saved.  Slow and steady...

Been MIA on the challenge for awhile so checking in as of end of Feb...   112K for this challenge...  Building the after tax stache account while saving for a roof replacement at the same time sucks, but still growing nonetheless.

And the end of March testimonial is...  Still treading water at $112K even with some divy payments.   Too conservative a mix for the current market...   Fingers crossed for a more cooperative market and toes crossed for a bonus due in June to get moving upward again.   

josiah44

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Re: Race from 100 to 250k
« Reply #858 on: April 09, 2017, 12:58:52 PM »
New to the race.

@rg422, we're in pretty similar boats.  Love to have someone to track against, if you're game.

Tracking NW w/o home equity (too variable):

08/16   $55,949.68
09/16   $62,339.85
10/16   $64,945.95
11/16   $65,990.75
12/16   $76,255.57
01/17   $80,060.59
02/17   $87,372.32
03/17   $96,906.77
04/17   $99,890.68

rg422

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Re: Race from 100 to 250k
« Reply #859 on: April 10, 2017, 02:13:24 PM »
New to the race.

@rg422, we're in pretty similar boats.  Love to have someone to track against, if you're game.

Tracking NW w/o home equity (too variable):

08/16   $55,949.68
09/16   $62,339.85
10/16   $64,945.95
11/16   $65,990.75
12/16   $76,255.57
01/17   $80,060.59
02/17   $87,372.32
03/17   $96,906.77
04/17   $99,890.68

Yes, definitely. I also do not include our home's equity. I'm hoping to update my progress monthly.

-Richard

facepalm

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Re: Race from 100 to 250k
« Reply #860 on: April 11, 2017, 12:18:21 PM »
For those of you with government pensions, are you including the current balance in your total net worth? I have not included mine since it isn't liquid . . . but it's also not going away . . .

CorpRaider

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Re: Race from 100 to 250k
« Reply #861 on: April 12, 2017, 08:28:32 AM »
For those of you with government pensions, are you including the current balance in your total net worth? I have not included mine since it isn't liquid . . . but it's also not going away . . .

Personally haven't included pension or SS in my figures.  I suppose you could discount the estimated future cash flows for vested benefits back to get a PV.

dystopic

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Re: Race from 100 to 250k
« Reply #862 on: April 13, 2017, 06:45:26 PM »
16th March 2017 - $156,970.56
14th April 2017 - $172,158.80 (+$15,188.24)

Not entirely sure how I feel about these growing markets. Looks good on paper, that's for sure. Numbers are in AUD, only liquid investable assets.
« Last Edit: April 13, 2017, 07:26:44 PM by dystopic »

facepalm

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Re: Race from 100 to 250k
« Reply #863 on: April 14, 2017, 08:52:46 PM »
For those of you with government pensions, are you including the current balance in your total net worth? I have not included mine since it isn't liquid . . . but it's also not going away . . .

Personally haven't included pension or SS in my figures.  I suppose you could discount the estimated future cash flows for vested benefits back to get a PV.

Thanks for the reply. I have considered running a NPV calculation on future payouts. Doing so gives me a figure of about 600K. Seems like cheating to include it. STRS indicates I have contributed 90K, which does not include employer contribution. Again, seems like funny money.

I'll leave it out.









 


Nick_Miller

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Re: Race from 100 to 250k
« Reply #864 on: April 15, 2017, 07:17:32 AM »
Jan 2016     $80,165.78
Feb 2016     $88,372.39
March 2016 $101,768.81
April 2016   $106,876.35
May 2016    $106,529.21
June 2016   $109,892.28
July 2016    $115,035.02
Aug 2016    $125,235.44
Sept 2016   $126,076.92
Oct 2016     $129,441.04
Nov 2016    $135,152.36
Dec 2016    $138,352.17
Jan 2017     $147,729.69
Feb 2017    $150,339.59
Mar 2017    $140,835.79
April 2017  $140,805.57

So flat for this month. We put a couple thousand $ (that would have normally went into investments) into the new house for a few projects: (building up the steps to the back deck, building a new closet) and we did buy a few new items (some deck furniture and a new grill, but they were $500 total and my wife contributed $250 of her saved "blow" money because she wanted them more than I did. It was a good compromise. And I did not increase the value of the home on my budget sheet, because that's speculative.

We should move forward finally this month. The projects are done.
« Last Edit: April 15, 2017, 07:19:49 AM by Nick_Miller »

CorpRaider

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Re: Race from 100 to 250k
« Reply #865 on: April 18, 2017, 11:54:43 AM »
For those of you with government pensions, are you including the current balance in your total net worth? I have not included mine since it isn't liquid . . . but it's also not going away . . .

Personally haven't included pension or SS in my figures.  I suppose you could discount the estimated future cash flows for vested benefits back to get a PV.

Thanks for the reply. I have considered running a NPV calculation on future payouts. Doing so gives me a figure of about 600K. Seems like cheating to include it. STRS indicates I have contributed 90K, which does not include employer contribution. Again, seems like funny money.

I'll leave it out.

Yeah its tough.  I would like to get comfortable with a figure maybe discounting what I've got vested if I quit tomorrow because it could be quite material.  I probably also need to figure it in to my traditional versus roth analysis at some point but I have kind of punted on that until I can at least see like a million on the distant horizon.

RetireGermane

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Re: Race from 100 to 250k
« Reply #866 on: April 19, 2017, 01:11:47 AM »
Welcome Virtus and all the other new faces in the race. Competition is good and encouraging.

CutTheFat

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Re: Race from 100 to 250k
« Reply #867 on: April 19, 2017, 04:05:28 AM »
9/2015 $85k
9/2016 $102k
4/2017 $122k 

Tris Prior

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Re: Race from 100 to 250k
« Reply #868 on: April 20, 2017, 08:53:00 AM »
April update: Blah, my 401k and Roth both lost money this month. :(

This month I cut back my 401k contribution to the match (had been doing 20%) and instead pumping more money into e-fund due to coming layoffs at work; no idea at this point whether I'll be hit but better safe than sorry, I'd rather have the money somewhere that I can easily get at it. Supposedly we'll know by late May who's getting the axe.

401k:  $98,422.92
Roth: $51,200.17
E-fund: $10,922.83       

Total: 160,545.92
Total 1 month ago:  159,252.10

Increase: 1,293.82

khangaroo

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Re: Race from 100 to 250k
« Reply #869 on: April 20, 2017, 03:27:48 PM »
I would love to join the thread! I'm a new Mustachian and this is awesome! I'm currently cash flowing an MBA so I don't think I'll get the gains like many of people on this thread but love reading about your awesome progress!

8/19/16: $117,147
9/16/16: $118,664
10/21/16: $120,340
$11/16/16: $123,274
12/14/16: $131,102

I'm hoping to get to $250k at the end of 30.

Thanks for all the inspiration!

Update:

01/11/17: $139,988
02/08/17: $140,757
03/08/17: $149,917
04/14/17: $160,282

MBA tuition reimbursement and tax refund was the main culprits for the jump in February to April. It's been an incredible ride so far and really excited to see where I'll on the 1 year mark from when I started tracking my net worth. I wish I would've started when I got 100% debt-free in February 2016 but oh well!

Best of luck y'all and may the bull market roar on!

Pizzabrewer

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Re: Race from 100 to 250k
« Reply #870 on: April 22, 2017, 08:26:55 AM »
So our numbers (includes home equity of roughly $26k):

2017
Jan 1:  $170,881
Feb 1:  $183,768
Mar 1:  $197,020
Apr 1:  $207,614

ACK!  Found a stupid math error.  Apr 1 NW is only $202,363.

facepalm

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Re: Race from 100 to 250k
« Reply #871 on: April 23, 2017, 11:17:37 AM »
For those of you with government pensions, are you including the current balance in your total net worth? I have not included mine since it isn't liquid . . . but it's also not going away . . .

Personally haven't included pension or SS in my figures.  I suppose you could discount the estimated future cash flows for vested benefits back to get a PV.

Thanks for the reply. I have considered running a NPV calculation on future payouts. Doing so gives me a figure of about 600K. Seems like cheating to include it. STRS indicates I have contributed 90K, which does not include employer contribution. Again, seems like funny money.

I'll leave it out.

Yeah its tough.  I would like to get comfortable with a figure maybe discounting what I've got vested if I quit tomorrow because it could be quite material.  I probably also need to figure it in to my traditional versus roth analysis at some point but I have kind of punted on that until I can at least see like a million on the distant horizon.

I went ahead and again calculated NPV based on estimated life cash flows. Mine seems way too high.

Interestingly enough, I switched to Personal Capital for account monitoring, and in addition to allowing me to link to most every account I have (and the ones I can't are easy to set up), it links up to my pension and shows what I have in today's dollars. Today's dollars can be considered somewhat hard money that I would get (in a series of payouts) should I quit tomorrow, so I am entertaining the idea of including it. I also have a supplemental account with the state that I have entered manually. If I do include both, my net worth goes from 138K to 248K which almost bumps me into the 250K thread.  I'd be making some fast progress!

As an aside, I really like Personal Capital so far, it gives me a much better picture of my assets. No budgeting, but I'm going to use Quicken for that, even though I have to manually enter spending on my rewards VISA. Bye bye, Mint! I won't miss you and your annoying ads.
« Last Edit: April 23, 2017, 11:21:22 AM by facepalm »

facepalm

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Re: Race from 100 to 250k
« Reply #872 on: April 24, 2017, 05:20:27 PM »
For those of you with government pensions, are you including the current balance in your total net worth? I have not included mine since it isn't liquid . . . but it's also not going away . . .

Personally haven't included pension or SS in my figures.  I suppose you could discount the estimated future cash flows for vested benefits back to get a PV.

Thanks for the reply. I have considered running a NPV calculation on future payouts. Doing so gives me a figure of about 600K. Seems like cheating to include it. STRS indicates I have contributed 90K, which does not include employer contribution. Again, seems like funny money.

I'll leave it out.

Yeah its tough.  I would like to get comfortable with a figure maybe discounting what I've got vested if I quit tomorrow because it could be quite material.  I probably also need to figure it in to my traditional versus roth analysis at some point but I have kind of punted on that until I can at least see like a million on the distant horizon.

I went ahead and again calculated NPV based on estimated life cash flows. Mine seems way too high.

Interestingly enough, I switched to Personal Capital for account monitoring, and in addition to allowing me to link to most every account I have (and the ones I can't are easy to set up), it links up to my pension and shows what I have in today's dollars. Today's dollars can be considered somewhat hard money that I would get (in a series of payouts) should I quit tomorrow, so I am entertaining the idea of including it. I also have a supplemental account with the state that I have entered manually. If I do include both, my net worth goes from 138K to 248K which almost bumps me into the 250K thread.  I'd be making some fast progress!

As an aside, I really like Personal Capital so far, it gives me a much better picture of my assets. No budgeting, but I'm going to use Quicken for that, even though I have to manually enter spending on my rewards VISA. Bye bye, Mint! I won't miss you and your annoying ads.

I wish personal capital supported all my accounts. I would consider using them if it did.

I would not include social security in your net worth. The only way I would include a pension is if they offer a lump sum payout that you can roll into an IRA when you leave your company. Without this option, you really don't have control over the money and therefore I would not include it in your net worth.

Good point on Social Security. I'm not counting it or including it.

The pension is a little trickier. Since I include it in my savings rate, I'm tempted to include in net worth. The amount in the account is about 80K, and would guarantee me a monthly payout of about $2100 for as long as I live should I retire now. That amount will only get bigger as I continue to work. I'm projected to take almost $4,000 per month when I do retire in 5 years. I get that for as long as I live. Given my health and general seaworthiness, I'll be taking out way more than I actually put in. Thank you, actuarial science.

There is also a second account with around $30K that gives me a payout of $1K per month for 3 years.


« Last Edit: April 26, 2017, 07:25:27 AM by facepalm »

facepalm

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Re: Race from 100 to 250k
« Reply #873 on: April 26, 2017, 07:30:30 AM »
For those of you with government pensions, are you including the current balance in your total net worth? I have not included mine since it isn't liquid . . . but it's also not going away . . .

Personally haven't included pension or SS in my figures.  I suppose you could discount the estimated future cash flows for vested benefits back to get a PV.

Thanks for the reply. I have considered running a NPV calculation on future payouts. Doing so gives me a figure of about 600K. Seems like cheating to include it. STRS indicates I have contributed 90K, which does not include employer contribution. Again, seems like funny money.

I'll leave it out.

Yeah its tough.  I would like to get comfortable with a figure maybe discounting what I've got vested if I quit tomorrow because it could be quite material.  I probably also need to figure it in to my traditional versus roth analysis at some point but I have kind of punted on that until I can at least see like a million on the distant horizon.

I went ahead and again calculated NPV based on estimated life cash flows. Mine seems way too high.

Interestingly enough, I switched to Personal Capital for account monitoring, and in addition to allowing me to link to most every account I have (and the ones I can't are easy to set up), it links up to my pension and shows what I have in today's dollars. Today's dollars can be considered somewhat hard money that I would get (in a series of payouts) should I quit tomorrow, so I am entertaining the idea of including it. I also have a supplemental account with the state that I have entered manually. If I do include both, my net worth goes from 138K to 248K which almost bumps me into the 250K thread.  I'd be making some fast progress!

As an aside, I really like Personal Capital so far, it gives me a much better picture of my assets. No budgeting, but I'm going to use Quicken for that, even though I have to manually enter spending on my rewards VISA. Bye bye, Mint! I won't miss you and your annoying ads.

I wish personal capital supported all my accounts. I would consider using them if it did.

I would not include social security in your net worth. The only way I would include a pension is if they offer a lump sum payout that you can roll into an IRA when you leave your company. Without this option, you really don't have control over the money and therefore I would not include it in your net worth.

Good point on Social Security. I'm not counting it or including it.

The pension is a little trickier. Since I include it in my savings rate, I'm tempted to include in net worth. The amount in the account is about 80K, and would guarantee me a monthly payout of about $2100 for as long as I live should I retire now. That amount will only get bigger as I continue to work. I'm projected to take almost $4,000 per month when I do retire in 5 years. I get that for as long as I live. Given my health and general seaworthiness, I'll be taking out way more than I actually put in. Thank you, actuarial science.

There is also a second account with around $30K that gives me a payout of $1K per month for 3 years.

I did some digging . . . and found out that I can take both accounts as a lump sum distribution when I separate from my employer, and roll them over into an IRA. They don't really like to advertise it, but there it is. And it appears that I would receive both my contributions plus my employers.

So I'm going to include both reported amounts in my net worth. Amounts are my contributions only.

So my updated figures look like this:

Jan-16   23,769
Feb-16   37,777
Mar-16   36,324
Apr-16   36,503
May-16   38,348
Jun-16   45,604
Jul-16   43,749
Aug-16   46,696
Sep-16   47,970
Oct-16   92,135
Nov-16   120,118
Dec-16   119,694
Jan-17   123,913
Feb-17   132,459
Mar-17   248,500

 
« Last Edit: April 26, 2017, 07:33:09 AM by facepalm »

SeattleStache

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Re: Race from 100 to 250k
« Reply #874 on: April 27, 2017, 10:25:11 AM »
Retirement only, does not include real estate or emergency savings:

January 2015: $98,619

January 2016: $101,235
December 2016: $140,779 (total NW $269,089)

January 2017: $151,307 (total NW $276,052)
February 2017: $156,620 (total NW $285,663)
March 2017: $161,585 (total NW $302,055) received a modest bonus in March and my condo value apparently went up around $10k.
April 2017: $166,111 (total NW $306, 801)

I know the total NW is over $250k but I'm focused on retirement only for this challenge. A good chunk of the NW is real estate equity.

Imustacheyouaquestion

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Re: Race from 100 to 250k
« Reply #875 on: April 28, 2017, 06:51:05 AM »
Aug 2016      $104,410.00
Sept 2016    $106,084.00   
Oct 2016       $107,559.00
Nov 2016      $103,227.00
Dec 2016      $107,460.00
Jan 2017       $111,400.00
Feb 2017       $145,239.58
Mar 2017       $154,141.21
Apr 2017        $160,150.58

Google doc link: https://docs.google.com/spreadsheets/d/1Z8OcegKpbeNJoqSI0nzoBuypFKqDD7BT2SS60oFEeCw/edit#gid=0

Good jump this month. I fixed a broken link to a retirement account in Mint and two more tax refunds arrived. Closing on a house in May! Should be a minor hit for the transaction costs of closing the loan and moving.
« Last Edit: May 03, 2017, 11:57:17 AM by Imustacheyouaquestion »

facepalm

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Re: Race from 100 to 250k
« Reply #876 on: April 28, 2017, 07:32:19 AM »
Jan-16   23,769
Feb-16   37,777
Mar-16   36,324
Apr-16   36,503
May-16   38,348
Jun-16   45,604
Jul-16   43,749
Aug-16   46,696
Sep-16   47,970
Oct-16   92,135
Nov-16   120,118
Dec-16   119,694
Jan-17   123,913
Feb-17   132,459
Mar-17   248,500
Apr-17   255,873

It was fun. See you all in the next thread real soon!

Pooperman

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Re: Race from 100 to 250k
« Reply #877 on: April 28, 2017, 07:50:27 AM »
We're at 99k right now. Should be graduating to this race at the end of next month. Posting to follow!

dogboyslim

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Re: Race from 100 to 250k
« Reply #878 on: April 28, 2017, 08:09:19 AM »
I'm tracking invested assets other than retirement funds.  This is the primary funding vehicle for paying for luxuries in retirement and for helping the kids go to school.  We are trying to get this to 300k before our first hits college in 5 years.  If things go according to plan, we should graduate in 3.8 years, around March 2021.  Our contributing power may be reduced in the near future, so we don't expect to maintain the pace of the last year.  This may be a challenge, but we are committed to it.

03/2016: $20,818
04/2016: $23,784
05/2016: $26,650
06/2016: $28,769
07/2016: $32,015
08/2016: $34,808
09/2016: $37,342
10/2016: $39,883
11/2016: $41,720
12/2016: $44,979
01/2017: $56,197
02/2017: $59,598
03/2017: $94,135
04/2017: $96,711
05/2017: $100,313

facepalm

  • Bristles
  • ***
  • Posts: 383
  • Location: California
Re: Race from 100 to 250k
« Reply #879 on: April 28, 2017, 04:25:29 PM »
We're at 99k right now. Should be graduating to this race at the end of next month. Posting to follow!
Awesome!

retireatbirth

  • Bristles
  • ***
  • Posts: 260
Re: Race from 100 to 250k
« Reply #880 on: April 28, 2017, 08:06:17 PM »
June 2015: $120,300
July 2015: $120,800
August 2015: $125,300

December 1, 2015: $137,000

October 1, 2016: $200,000

February 3, 2017: $224,000

April 3, 2017: $244,000

Almost!

April 28, 2017: $253,000!!!

Took 2 years 4 months

See ya guys in the next thread!

FITortoise

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  • *
  • Posts: 31
Re: Race from 100 to 250k
« Reply #881 on: April 29, 2017, 07:41:20 AM »
Hi facepalm, Congrats!!! What changed from Sept'16 to Oct, and then from Feb'17 to March?

Jan-16   23,769
Feb-16   37,777
Mar-16   36,324
Apr-16   36,503
May-16   38,348
Jun-16   45,604
Jul-16   43,749
Aug-16   46,696
Sep-16   47,970
Oct-16   92,135
Nov-16   120,118
Dec-16   119,694
Jan-17   123,913
Feb-17   132,459
Mar-17   248,500
Apr-17   255,873

It was fun. See you all in the next thread real soon!

facepalm

  • Bristles
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  • Posts: 383
  • Location: California
Re: Race from 100 to 250k
« Reply #882 on: April 29, 2017, 10:03:27 AM »
Hi facepalm, Congrats!!! What changed from Sept'16 to Oct, and then from Feb'17 to March?

Jan-16   23,769
Feb-16   37,777
Mar-16   36,324
Apr-16   36,503
May-16   38,348
Jun-16   45,604
Jul-16   43,749
Aug-16   46,696
Sep-16   47,970
Oct-16   92,135
Nov-16   120,118
Dec-16   119,694
Jan-17   123,913
Feb-17   132,459
Mar-17   248,500
Apr-17   255,873

It was fun. See you all in the next thread real soon!

Thanks! I probably should have spelled out those gains. In Sept-16 I received one of two inheritance checks (from Mom's estate). This past month I was able to get an accurate figure on my contributions to my work pension, and at that time found that when I separate I can take it as a lump sum. Wish I had known that earlier. I'm only counting my contributions, not my employer's, which probably means that 110K is probably closer to 220K.

See you all in the next thread!


SpareChange

  • Bristles
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  • Posts: 491
Re: Race from 100 to 250k
« Reply #883 on: April 29, 2017, 10:56:03 AM »
Up $6,646.85 to $176,969.68. The upward march continues!


tarheeldan

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  • Posts: 784
Re: Race from 100 to 250k
« Reply #884 on: April 30, 2017, 03:59:26 PM »
I am joining the thread! I participated in the race to $100k thread but just forgot to join this thread when I graduated. I am excited to encourage and be encouraged by everyone else.
 
Welcome, Virtus!
Apr-17   255,873
It was fun. See you all in the next thread real soon!
Congratulations!!!
We're at 99k right now. Should be graduating to this race at the end of next month. Posting to follow!
Yaay!

April 28, 2017: $253,000!!!
Took 2 years 4 months
See ya guys in the next thread!
See you there! Congrats!!!
Up $6,646.85 to $176,969.68. The upward march continues!
Nice month!!!
______________________________________________
Welcome all newcomers!
_______________________________________________
I had a pretty good month, despite being a bit spendypants on some work shoes and also on invisible braces:
+$5,313.65 to $162,886.85 = $6,515.47/yr @4% = 33% FI =120/365 days funded
___________________________________________________________________
Google Doc: Race from 100k to 250k:
https://docs.google.com/spreadsheets/d/1Z8OcegKpbeNJoqSI0nzoBuypFKqDD7BT2SS60oFEeCw/edit#gid=0

Pooplips

  • Bristles
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  • Posts: 463
  • Age: 34
Re: Race from 100 to 250k
« Reply #885 on: May 01, 2017, 05:42:56 AM »
1/31/16 - $101,376.00
3/1/2016 - $102,990.00
4/1/2016 - $116,749.00
5/1/2016 - $119,487.00
6/1/2016 - $126,469.00
7/1/2016 - $130,494.00
8/1/2016 - $137,029.00
9/1/2016 - $137,784.00
10/1/2016 - $138,994.00
11/1/2016 - $142,793.00
12/1/2016 - $145,877.00
1/1/2016 - $153,860.00
2/1/2017 - $160,572.00
3/1/2017 - $166,884.00
4/1/2017 - $178,162.00

5/1/2017 - $181,246.00

Guava

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  • Posts: 219
Re: Race from 100 to 250k
« Reply #886 on: May 01, 2017, 06:16:59 AM »
January 2017: $165,806
February 2017: $172,043
March 2017: $177,204
April 2017: $242,432

I had a great month adding in about $15k but most of the gains come from finally combining accounts with DH. It had been on our list of things to do but his bank was closing and that pushed us along in the process. It is really great to have the full picture finally. But we are too cash heavy now.

Aside from that, I also hit a few exciting moments this month: my retirement accounts surpassed my mortgage, and I also reached 1x salary in my 401k!

Looks like we will graduate from here in June or July.

turketron

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  • Age: 34
  • Location: WI
Re: Race from 100 to 250k
« Reply #887 on: May 01, 2017, 06:17:59 AM »
April 2015: $98k
May 2015: $111k
June 2015: $112k
July 2015: $113k
Aug 2015: $113k
Sept 2015: $116k
Nov 1 2015: $120,330.91
Dec 1 2015: $138,810.56

Jan 1 2016: $141,251.00
Feb 1 2016: $135,573.00
Mar 4 2016: $138,331.39
Apr 1 2016: $146,788.37
May 1 2016: $149,149.52
Jun 1 2016: $161,205.21
July 1 2016: $165,947.80
Aug 1 2016: $176,198.00
Sep 1 2016: $178,840.37
Oct 1 2016: $184,372.64
Nov 1 2016: $181,625.28
Dec 1 2016: $187,972.57

Jan 1 2017: $193,414.19
Feb 1 2017: $200,758.63
Mar 1 2017: $211,677.78
Apr 1 2017: $217,643.71
May 1 2017: $225,773.04
« Last Edit: May 01, 2017, 08:11:17 AM by turketron »

mrteacher

  • Stubble
  • **
  • Posts: 214
Re: Race from 100 to 250k
« Reply #888 on: May 01, 2017, 07:36:52 AM »
1/1/16: $93,782
2/1: $91,959
3/1: $93,145
4/1: $100,869
5/1: $104,268
6/1: $107,087
7/1: $112,489
8/1: $118,328
9/1: $120,838
10/1: $124,626
11/1: $126,949
12/1: $132,846
1/1/17: $141,336
2/1/17: $145,890
3/1/17: $152,308
4/1/17: $155,552

5/1/17: $160,430

It's wild - and quite motivating - looking back and seeing how quickly I'm increasing.

afuera

  • Bristles
  • ***
  • Posts: 455
  • Age: 28
  • Location: Houston, TX
Re: Race from 100 to 250k
« Reply #889 on: May 01, 2017, 08:41:41 AM »
1/1/2017: INV-$107,733.74     NW-$188,244.05
2/1/2017: INV-$117,155.67     NW-$199,327.18
3/1/2017: INV-$130,755.36     NW-$209,268.66
4/1/2017: INV-$150,924.22     NW-$231,298.12
5/1/2017: INV-$161,757.38     NW-$240,471.22


marcela

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  • Posts: 687
Re: Race from 100 to 250k
« Reply #890 on: May 01, 2017, 09:03:28 AM »
Hello! I just graduated from the 100k board on Oct- 31st I thought I would mosey over here. I'm married, 28 years old and my husband is currently finishing up school. Total household income is 56k. We rent and have no outstanding debt. Worth of our single car is not included in the calculations.

Background on net worth:
08/2013: $9,216- had been making 18k, got a job making 27k
02/2014: $14,413- new job in December making 38k
08/2014: $17,890
02/2015: $34,041
08/2015: $58,584 - new job in May making 55k
02/2016: $77,264
09/2016: $96,145

10/31/2016: $101,606
11/17/2016: $103,940
12/30/2916: $109,785.19
1/31/2017: $112,318.74
2/28/2017: $119,499.39

3/31/2017: $124,640.83
4/30/2017: $109,329.00 Big drop this month. We bought my husband a car now that he is graduating and will no longer be carpooling with me in the morning. We came in under budget and it was a planned expense, but it's still a big blow to the bottom line. The other big hit was a personal loan to my parents. My mom was recently diagnosed with breast cancer and lost her job. My folks have cut down expenses where they could, but they were already living pretty close to the edge. I paid off their remainder on the loan and they will repay me next year once my mom is done with treatment. Saves them the worry about an expense during this awful time and will save them the money spent on interest in the long run.

Guava

  • Stubble
  • **
  • Posts: 219
Re: Race from 100 to 250k
« Reply #891 on: May 01, 2017, 10:19:21 AM »

Hello! I just graduated from the 100k board on Oct- 31st I thought I would mosey over here. I'm married, 28 years old and my husband is currently finishing up school. Total household income is 56k. We rent and have no outstanding debt. Worth of our single car is not included in the calculations.

Background on net worth:
08/2013: $9,216- had been making 18k, got a job making 27k
02/2014: $14,413- new job in December making 38k
08/2014: $17,890
02/2015: $34,041
08/2015: $58,584 - new job in May making 55k
02/2016: $77,264
09/2016: $96,145

10/31/2016: $101,606
11/17/2016: $103,940
12/30/2916: $109,785.19
1/31/2017: $112,318.74
2/28/2017: $119,499.39

3/31/2017: $124,640.83
4/30/2017: $109,329.00 Big drop this month. We bought my husband a car now that he is graduating and will no longer be carpooling with me in the morning. We came in under budget and it was a planned expense, but it's still a big blow to the bottom line. The other big hit was a personal loan to my parents. My mom was recently diagnosed with breast cancer and lost her job. My folks have cut down expenses where they could, but they were already living pretty close to the edge. I paid off their remainder on the loan and they will repay me next year once my mom is done with treatment. Saves them the worry about an expense during this awful time and will save them the money spent on interest in the long run.

One of the best things about the pursuit of FI is the ability to loan money or float yourself through tough times. Your savings has helped your parents worry about what is most important right now. That is an incredible thing. Keeping her in my thoughts.

MrStash

  • 5 O'Clock Shadow
  • *
  • Posts: 34
Re: Race from 100 to 250k
« Reply #892 on: May 01, 2017, 12:48:19 PM »
$76,681.12 - Jan 2016
 $78,394.20 - Feb 2016
 $82,651.23 - Mar 2016
 $84,554.86 - Apr 2016
 $86,839.45 - May 2016
 $92,097.50 - Jun 2016
 $96,841.10 - Jul 2016
 $77,947.65 - Aug 2016
 $83,571.41 - Sep 2016
 $86,421.49 - Oct 2016
 $91,967.15 - Nov 2016
 $96,764.63 - Dec 2016

 $102,739.32 - Jan 2017
 $110,530.30 - Feb 2017
 $115,337.66 - Mar 2017
 $120,434.93 - Apr 2017

Selling old house/ buying new house worked out well. Sold old house for little more than asking price with no closing costs covered for the buyer, and successfully negotiated on the purchase of the new house. All of that will take effect during May and it might actually increase NW even after all the associated costs. Good times.

steveo

  • Handlebar Stache
  • *****
  • Posts: 1943
Re: Race from 100 to 250k
« Reply #893 on: May 01, 2017, 04:06:48 PM »
June 2015: $120,300
July 2015: $120,800
August 2015: $125,300

December 1, 2015: $137,000

October 1, 2016: $200,000

February 3, 2017: $224,000

April 3, 2017: $244,000

Almost!

April 28, 2017: $253,000!!!

Took 2 years 4 months

See ya guys in the next thread!

Well done !

Mustachio Bashio

  • 5 O'Clock Shadow
  • *
  • Posts: 73
  • Age: 36
  • Location: Portland, OR
Re: Race from 100 to 250k
« Reply #894 on: May 01, 2017, 06:09:01 PM »
Feb 1st - 167,752
March 1st - 177,448
April 1st - 183,917
May 1st - 189,025

Slowly getting closer and closer to 200k :) Hoping to get a cost of living raise in the next couple weeks, and I found out that I'm up for a raise next promotion cycle, which is sometime in June, so that's all pretty exciting.

RetireGermane

  • 5 O'Clock Shadow
  • *
  • Posts: 12
  • Age: 58
  • Location: Munich
Re: Race from 100 to 250k
« Reply #895 on: May 02, 2017, 02:16:46 AM »
A little update

everything according to the plan: rolling over only short running structured products (bonus certificates (1 to 2 months)) on the european indexes DAX\EuroStoxx50, no stocks.
No liabilities + a paid Appartment (Value approx. 300,000)

Invested Assets+ Cash Account:
1/1/2016 Jan:    64,400

1/1/2017 Jan:  104,000
2/1/2017 Feb:  105,000
3/1/2017 Mar:  107,000
4/1/2017 Apr:  110,000    some Dental Costs

Planned Graduation Date 250k: Sept 2021

Happy Investing


5/1/2017 May:  112,900    slowly but surely
« Last Edit: May 03, 2017, 03:28:04 AM by RetireGermane »

marcela

  • Pencil Stache
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  • Posts: 687
Re: Race from 100 to 250k
« Reply #896 on: May 02, 2017, 06:16:48 AM »

Hello! I just graduated from the 100k board on Oct- 31st I thought I would mosey over here. I'm married, 28 years old and my husband is currently finishing up school. Total household income is 56k. We rent and have no outstanding debt. Worth of our single car is not included in the calculations.

Background on net worth:
08/2013: $9,216- had been making 18k, got a job making 27k
02/2014: $14,413- new job in December making 38k
08/2014: $17,890
02/2015: $34,041
08/2015: $58,584 - new job in May making 55k
02/2016: $77,264
09/2016: $96,145

10/31/2016: $101,606
11/17/2016: $103,940
12/30/2916: $109,785.19
1/31/2017: $112,318.74
2/28/2017: $119,499.39

3/31/2017: $124,640.83
4/30/2017: $109,329.00 Big drop this month. We bought my husband a car now that he is graduating and will no longer be carpooling with me in the morning. We came in under budget and it was a planned expense, but it's still a big blow to the bottom line. The other big hit was a personal loan to my parents. My mom was recently diagnosed with breast cancer and lost her job. My folks have cut down expenses where they could, but they were already living pretty close to the edge. I paid off their remainder on the loan and they will repay me next year once my mom is done with treatment. Saves them the worry about an expense during this awful time and will save them the money spent on interest in the long run.

One of the best things about the pursuit of FI is the ability to loan money or float yourself through tough times. Your savings has helped your parents worry about what is most important right now. That is an incredible thing. Keeping her in my thoughts.

I was a bit hesitant to post about it because sometimes people on the forum can take a very hardline stance against supporting family members and I was dreading receiving a facepunch for my "double-sin" of providing economic outpatient care and a car loan. Your response was full of grace and compassion. Thank you, Guava.

MichaelB

  • Stubble
  • **
  • Posts: 130
  • Age: 33
  • Location: Charlotte, NC
  • FIRE goal: April 2032
Re: Race from 100 to 250k
« Reply #897 on: May 02, 2017, 08:54:15 AM »
Feb 29 2016: $79,516.82
March 31 2016: $83,734.70
April 30 2016: $87,137.39
May 31 2016: $89,555.65
June 30 2016: $93,641.14
July 31 2016: $101,134.66
Aug 31 2016: $104,093.75
Sept 30 2016: $105,485.80
Oct 31 2016: $109,245.15
Nov 30 2016: $107,889.49
Dec 31 2016: $112,056.39

Jan 31 2017: $118,069.75
Feb 28 2017: $122,510.00
March 31 2017: $127,153.94
April 30 2017: $128,416.64

Slow month for April--lots of medical bills from DW having a baby (woo hoo!), but good markets were able to overcome.

On that subject--pre-insurance, the bills from having a baby would have been about $25,000. Let's hear it for HSAs and maxing out your annual deductible!

AK

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  • **
  • Posts: 178
Re: Race from 100 to 250k
« Reply #898 on: May 02, 2017, 09:00:36 AM »
Feb 29 2016: $79,516.82
March 31 2016: $83,734.70
April 30 2016: $87,137.39
May 31 2016: $89,555.65
June 30 2016: $93,641.14
July 31 2016: $101,134.66
Aug 31 2016: $104,093.75
Sept 30 2016: $105,485.80
Oct 31 2016: $109,245.15
Nov 30 2016: $107,889.49
Dec 31 2016: $112,056.39

Jan 31 2017: $118,069.75
Feb 28 2017: $122,510.00
March 31 2017: $127,153.94
April 30 2017: $128,416.64

Slow month for April--lots of medical bills from DW having a baby (woo hoo!), but good markets were able to overcome.

On that subject--pre-insurance, the bills from having a baby would have been about $25,000. Let's hear it for HSAs and maxing out your annual deductible!

Congrats on the new baby! We are currently maxing our HSA in preparation of our little bundle of joy coming soon too.

Pizzabrewer

  • Pencil Stache
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  • Posts: 641
Re: Race from 100 to 250k
« Reply #899 on: May 02, 2017, 09:19:04 AM »
2017
Jan 1:  $170,881
Feb 1:  $183,768
Mar 1:  $197,020
Apr 1:  $202,363
May 1: $223,229

A very nice 10.3% jump last month despite paying the IRS $750 and my wife's car needing $700 in repairs.

This was almost entirely due to our main stock holding (EXAS) going through the roof.  We sold about 1/3 of our position but at almost 20% of our NW we are still very overweight in the one security.
« Last Edit: May 02, 2017, 06:19:11 PM by Pizzabrewer »