Race from 250 to 500k!

[zygote]

For context: I'm 34 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 (found MMM and started tracking)
3/19: $83,762.93 (1 year tracking)
8/19: $101,572.33 (graduated to the 100-250k thread)
3/20: $118,287.76 (2 years tracking)
3/21: $206,593.43 (3 years tracking)
11/21: $254,300.88 (graduated to the 250-500k thread)
3/22: $251,915.95 (4 years tracking)
3/23: $290,001.63 (5 years tracking)
4/23: $295,028.87 (+$5,027.24, +1.73%)
5/23: $299,553.62 (+$4,524.75, +1.53%)
6/23: $300,997.32 (+$1,443.70, +0.48%)
7/23: $317,122.21 (+$16,124.89, +5.36%)
8/23: $329,712.67 (+$12,590.46, +3.97%)
9/23: $325,165.66 (-$4,547.01, -1.38%)
10/23: $310,326.13 (-$14,839.53, -4.56%)
11/23: $306,837.39 (-$3,488.74, -1.12%)
12/23: $334,911.55 (+$28,074.16, +9.15%)
1/24: $357,616.16 (+$22,704.61, +6.78%)
2/24: $362,117.75 (+$4,501.59, +1.26%)
3/24: $381,059.81 (+$18,942.06, +5.23%)
4/24: $396,130.57 (+$15,070.76, +3.95%)
5/24: $376,749.65 (-$19,380.92, -4.89%)
6/24: $398,060.42 (+$21,310.77, +5.66%)

Back on the upswing!

[lcmac32]

2024

Jan 2020 $250,000.00

Mar 2024 $450,987.00
Apr 2024 $464,436.35
May 2024 $445,752.58
Jun 2024  $480,821.29 

I will need a 3.98% return for rest of 2024 to get graduate.  I will start my contribution for this year so those $$ could reduce that % down to 2.18% to graduate by Jan. 1, 2025.  Getting closer.  It is finally feeling possible.

Also, because I wanted a cleaner post, I went to just 2024, but wanted to also note that I graduated to this thread in Feb 2020 with $257,961.03.  It looks to be a doubling in five years for depending on the market.  This is slow compared to the heroes of MMM forums, but still glad to be getting there.

[Ensheneer]

01 January, 2020 : 0 EUR
01 January, 2021 : 9,499 EUR
01 January, 2022 : 217,370 EUR
01 January, 2023 : 176,482 EUR
01 January, 2024 : 251,449 EUR

01 February, 2024: 262,979 EUR
01 March, 2024: 282,313 EUR (+19,334!)
01 April, 2024: 293,801 EUR
01 May, 2024: 288,430 EUR
01 June, 2024: 293,346 EUR

[ontheheel]

I haven't posted since last August, primarily because I made very anti-mustachian purchase that set me back nearly a year in savings. I don't regret making it at all, just ashamed to admit it here. It's generally been an awesome year since I got home from deployment. Unfortunately, I'm back overseas for a couple of months before moving to Florida this summer. Going from one high cost of living area (SoCal) to an area that's about twice as expensive (Key West). All that being said, I'll get a solid three years with no deployments, no time in the field, and no time aboard ships - just sweet family time and (hopefully) picking up some new hobbies like saltwater fly fishing, diving, and sailing. Hopefully, by this time next month or the following month, I'll be able to report graduating into the $500k club - I'm up $75k in the first five months of this year, so things are looking good.

Net worth consists of equity portfolio, two rental properties, and cash (checking/savings). Liabilities are month-to-month credit card (PIF every month), two mortgages on rental properties, one car loan (will be PIF 24 months from date of issue) and what’s left of my wife’s student loans.

	2019	2020	2021	2022	2023	2024
January	$87,000	$153,000	$241,000	$347,000	$408,000	$426,000
February	$95,000	$159,000	$246,000	$354,000	$418,000	$450,000
March	$95,000	$152,000	$255,000	$372,000	$429,000	$473,000
April	$98,000	$172,000	$267,000	$381,000	$445,000	$472,000
May	$95,000	$157,000	$290,000	$381,000	$453,000	***$496,000***
June	$104,000	$187,000	$303,000	$383,000	$474,000	-
July	$106,000	$202,000	$325,000	$396,000	$483,000	-
August	$115,000	$206,000	$333,000	$387,000	$468,000	-
September	$118,000	$207,000	$328,000	$378,000	$455,000	-
October	$134,000	$215,000	$342,000	$394,000	$450,000	-
November	$136,000	$233,000	$346,000	$403,000	$404,000	-
December	$143,000	$234,000	$359,000	$404,000	$421,000	-
Annual gain	$56,000	$89,000	$125,000	$45,000	$17,000	-

[lcmac32]

Great work Ontheheel!  You will also have that military retirement at some point too which should drastically reduce your fire number.  Keep up the good work!

[lcmac32]

2024

Jan 2020 $250,000.00

Mar 2024 $450,987.00
Apr 2024 $464,436.35
May 2024 $445,752.58
Jun 2024  $480,821.29

Jun 12, 2024 $500,205.06

I know it is mid-month, but I did want to mark the graduation date and the 4.5 years it took to get there.  A little shameful that it didn't come faster b/c of being a spendypants, but glad I made it.  It is a big milestone for me. We will see if it holds through the end of June for the July 1 update. 

[Vindicated]

I will need a 3.98% return for rest of 2024 to get graduate.

Well, that escalated quickly!

Nice work!  Hope it holds!

[JAYSLOL]

2024

Jan 2020 $250,000.00

Mar 2024 $450,987.00
Apr 2024 $464,436.35
May 2024 $445,752.58
Jun 2024  $480,821.29

Jun 12, 2024 $500,205.06

I know it is mid-month, but I did want to mark the graduation date and the 4.5 years it took to get there.  A little shameful that it didn't come faster b/c of being a spendypants, but glad I made it.  It is a big milestone for me. We will see if it holds through the end of June for the July 1 update.

Congrats! Nothing shameful about 4.5 years to gain $250k, and heck you made it though a pandemic during this race.  Now you get to move on to the most exciting race, imo.  I bet you hit the million in not much longer than this last stretch. 

[lcmac32]

I will need a 3.98% return for rest of 2024 to get graduate.

Well, that escalated quickly!

Nice work!  Hope it holds!

THanks, yes it did, and I am grateful for it.  I hope it will hold, but have always been of the mindset there will be ups and downs in the market and to just stay the course. 

[lcmac32]

2024

Jan 2020 $250,000.00

Mar 2024 $450,987.00
Apr 2024 $464,436.35
May 2024 $445,752.58
Jun 2024  $480,821.29

Jun 12, 2024 $500,205.06

I know it is mid-month, but I did want to mark the graduation date and the 4.5 years it took to get there.  A little shameful that it didn't come faster b/c of being a spendypants, but glad I made it.  It is a big milestone for me. We will see if it holds through the end of June for the July 1 update.

Congrats! Nothing shameful about 4.5 years to gain $250k, and heck you made it though a pandemic during this race.  Now you get to move on to the most exciting race, imo.  I bet you hit the million in not much longer than this last stretch.

Thanks Jayslol!  I bet you cruise right along now that you have past the $300k mark.  I am trying to go sub 4 (years) to the next million mile(stone) mile (cheesy runner's reference). I will stay in this thread for a couple more months and then (assuming no big summer swoon) I will move on to the next group and look forward to seeing many of you there soon. 

[lcmac32]

@CanadianTeacher - I don't know your savings rate, but I hope you reach your $500k goal by end of year with a low savings rate.  That would equate to at 25ish% market gain from now until the end of the year which would benefit us all.  (assuming you invest in the market).  Well done never the less, those are impressive numbers!!! Six-seven years to half a million.  I have never even approached that kind of progress, but love to see when people do it.  Count me a fan of your progress.

Thanks! Don't have a low savings rate, but I'm heavily invested in equity ETFs and funds. The market boosts are always helpful. If I keep to my budget, I can save 71% of my full time job's income (about $5,000 after taxes). The commuted value of my pension also grows by about $1000 each month and I count that in my net worth, while others wouldn't (I don't plan on working until I'm 55 and I may very well take the commuted value.)

I have a low cost living arraignment right now, but will eventually be buying a condo once I save another 100K or so - granted housing prices don't balloon a ton.   I'm also blessed with a side gig that's pretty passive. Last year I made $40,000 (pre-tax) from it. Things have slowed down this year but it still brings in $1k+ (pre-tax) per month.

That is a kick-a$$ savings rate!!!! 

I just went through two wedding$ and quarter million (down payment and remodel costs) hou$e purchase.  I have two cards to pay off from that which are less than $20k total.  I need to sit down and redo the budget after those are PIF which should be no later than August.  Goal after that will be 50% savings rate.  I think in the early part of the career I was 30-40% for about 10 -15 years and then down to about 20% for next 10.  I want to push hard again, so hopefully I can get to that rate.  My main goal is that if I can push down my monthly expenses more, then I my fire number will also decrease to point that I could probably FIRE in 2-4 years.

[JAYSLOL]

2024

Jan 2020 $250,000.00

Mar 2024 $450,987.00
Apr 2024 $464,436.35
May 2024 $445,752.58
Jun 2024  $480,821.29

Jun 12, 2024 $500,205.06

I know it is mid-month, but I did want to mark the graduation date and the 4.5 years it took to get there.  A little shameful that it didn't come faster b/c of being a spendypants, but glad I made it.  It is a big milestone for me. We will see if it holds through the end of June for the July 1 update.

Congrats! Nothing shameful about 4.5 years to gain $250k, and heck you made it though a pandemic during this race.  Now you get to move on to the most exciting race, imo.  I bet you hit the million in not much longer than this last stretch.

Thanks Jayslol!  I bet you cruise right along now that you have past the $300k mark.  I am trying to go sub 4 (years) to the next million mile(stone) mile (cheesy runner's reference). I will stay in this thread for a couple more months and then (assuming no big summer swoon) I will move on to the next group and look forward to seeing many of you there soon.

Thanks, I’ve been pretty slow and steady through these, was 4.5 years to go from 10-100, 4.25 years from 100-250, and I was also aiming for a sub-4 year goal to hit 500, though pretty shocked at the progress from the market this year, I don’t expect the market to keep going at this rate, but if it did I’d be hitting the next one in like two years or less

[lcmac32]

2024

Jan 2020 $250,000.00

Mar 2024 $450,987.00
Apr 2024 $464,436.35
May 2024 $445,752.58
Jun 2024  $480,821.29

Jun 12, 2024 $500,205.06

I know it is mid-month, but I did want to mark the graduation date and the 4.5 years it took to get there.  A little shameful that it didn't come faster b/c of being a spendypants, but glad I made it.  It is a big milestone for me. We will see if it holds through the end of June for the July 1 update.

Congrats! Nothing shameful about 4.5 years to gain $250k, and heck you made it though a pandemic during this race.  Now you get to move on to the most exciting race, imo.  I bet you hit the million in not much longer than this last stretch.

Thanks Jayslol!  I bet you cruise right along now that you have past the $300k mark.  I am trying to go sub 4 (years) to the next million mile(stone) mile (cheesy runner's reference). I will stay in this thread for a couple more months and then (assuming no big summer swoon) I will move on to the next group and look forward to seeing many of you there soon.

Thanks, I’ve been pretty slow and steady through these, was 4.5 years to go from 10-100, 4.25 years from 100-250, and I was also aiming for a sub-4 year goal to hit 500, though pretty shocked at the progress from the market this year, I don’t expect the market to keep going at this rate, but if it did I’d be hitting the next one in like two years or less

Keep up the good work!  I could see some really good years help you shave that down, and your doubling every 4-4.5 years is just so great. 

I expect the next race will be about the same for me, but sub 4 years is still the goal.  I do have some drag as I am now in an IRA and not 401k so my contributions are limited to $8,000/year.  I will set up a Self-employed 401k this fall and hopefully have the income to do some serious savings.  This is the last race that my contributions will still have a more significant impact.  I still think I will track only retirement type plans on my way in the next race.  I will work to max it out (which I think I can) and also start the FU money for early retirement that will bridge the gap to RMD's of the retirement accounts. 

[lcmac32]

2024

Jan 2020 $250,000.00

Mar 2024 $450,987.00
Apr 2024 $464,436.35
May 2024 $445,752.58
Jun 2024  $480,821.29

Jun 12, 2024 $500,205.06

I know it is mid-month, but I did want to mark the graduation date and the 4.5 years it took to get there.  A little shameful that it didn't come faster b/c of being a spendypants, but glad I made it.  It is a big milestone for me. We will see if it holds through the end of June for the July 1 update.

I had a peak at $513,000.00, but as of today back under the $500k mark.  There is a week to go, but even if it exceeds the race milestone, I will still hang around for a few months just to make sure it holds.

[ontheheel]

Great work Ontheheel!  You will also have that military retirement at some point too which should drastically reduce your fire number.  Keep up the good work!

Thanks for the encouragement. I've been sitting just above $500k for most of the month, so hopefully my next post on Monday will be my graduation post. If I'm able to get the pension (still 8.5 years out), our living expenses *should* be less than the amount I'd expect to receive. The rest of this is for cushion, fun, and buying some property to retire on. If I'm not able to go to 20 (at this point, it's my choice as I've promoted into a rank that is virtually guaranteed to be retained till then), our savings will likely fund some type of coast FI with a much lower stress job in an LCOLA, probably in Oklahoma.

[clynn]

January 2024: $396,646
June 2024: $446,040

could i be graduating by the end of the year?! a lot has changed in 3 years... 2 kids, scaling my business, leaving my 9-5. sometimes it feels like we're going nowhere, but then i look back and realize how fast our savings are growing, even as our contributions slow to almost nothing (thanks daycare).

July 2022: $323,423

making progress ☺️

Just arrived from the 100-250 group! Exciting to be here!

April 2021: $255,117

[lcmac32]

Great work Ontheheel!  You will also have that military retirement at some point too which should drastically reduce your fire number.  Keep up the good work!

Thanks for the encouragement. I've been sitting just above $500k for most of the month, so hopefully my next post on Monday will be my graduation post. If I'm able to get the pension (still 8.5 years out), our living expenses *should* be less than the amount I'd expect to receive. The rest of this is for cushion, fun, and buying some property to retire on. If I'm not able to go to 20 (at this point, it's my choice as I've promoted into a rank that is virtually guaranteed to be retained till then), our savings will likely fund some type of coast FI with a much lower stress job in an LCOLA, probably in Oklahoma.

That is a great plan.  Congrats on the rank advancement.  If that is officer in Army that is likely Major.  You might on the other hand have a "Don't call me Sir.  I work for a living." position, but either way well done!  Thank you for your service. 

I think my LCOLA would be NW Arkansas/ S Missouri.  Obviously that is close to Oklahoma depending on your site preference East OK versus West it is very close to NW Ark.  The pace is so much nicer in what some say is the fly-over space, but I will welcome a return there.  I am a solid 5-7 years out on FIRE (more FI than RE), but hey I didn't know about MMM in my 20's. 

[JAYSLOL]

Dec 1st - $251,000
2024
Jan 1st - $254,600 (+$3,600)
Feb 1st - $260,400 (+$5,800)
Mar 1st - $275,000 (+$14,600)
Apr 1st - $286,600 (+$11,600)
May 1st - $288,700 (+$2,100)
June 1st - $306,200 (+$17,500)
July 1st - $316,400 (+$10,200)

Updating a little early since Fridays are when I check accounts anyways, and I don’t expect much to be different by Monday.

[lcmac32]

Jan 2020 $250,000.00

Mar 2024 $450,987.00
Apr 2024 $464,436.35
May 2024 $445,752.58
Jun 2024  $480,821.29
July 2024 $504,148.64

It is official!  I have graduated and it took 4.5 years to complete.  I will hang out for a few more months as want to be firmly above before I join the next race.  So excited to have made this milestone.  Goal for next race is to complete it in less than 4 years. 
 

[JAYSLOL]

Jan 2020 $250,000.00

Mar 2024 $450,987.00
Apr 2024 $464,436.35
May 2024 $445,752.58
Jun 2024  $480,821.29
July 2024 $504,148.64

It is official!  I have graduated and it took 4.5 years to complete.  I will hang out for a few more months as want to be firmly above before I join the next race.  So excited to have made this milestone.  Goal for next race is to complete it in less than 4 years.

Congrats! I’ll try to join you as soon as I can

[VodkaWater]

Updating early because it's raining and I'm messing with month end stuff anyway.

2024 NW/Investments

Jan:  $359,594 / $375,193
Feb: $379,828 / $391,888
March: $391,463 /  $403,023
April: $ 371,935 / $385,760
May: $396,566 / $401,526
June: $409,887 / $414,536

This month included a $6K payoff for a 0% card so liking that I'm still up over last month. It can keep going all it wants.

[CanadianTeacher]

Another month of gains. Things will slow down or reverse as my main source of income (teaching) is gone for the summer months. Things should pick up again in the Fall. Hoping to reach my goal of $500,000 by this time next year.

January 2018: $18,944.35
February 2018: $22,047.46
March 2018: $23,463.61
April 2018: $24,224.19
May 2018: $26,173
Jun 2018: $29,519.62
October 2018: $29,676.50
November 2018: $32,923.90
December 2018: $34,394.85

January 2019: $39,825.43
February 2019: $43,508.66
April 2019: $48,394.91
July 2019: $80,041.52
December 2019: $86,963.15

January 2020: $96,301.56
February 2020: $101,272.15.
March 2020: $102,362.65
April 2020: $98,415.77
May 2020:$111,832.84
June 2020: $116,958.23
July 2020: $125,945.15
August 2020: $130,494.78
September 2020: $136,844.71
October 2020: $131,422.24
November 2020: $133,493.15
December 2020: $147,149.14

January 2021: $149,313.19
February 2021: $158,168.99 (+5.9%)
March 2021: $159.365.46 (+0.8%)
April 2021: $170,344.02 (+6.9%)
May 2021: $179,276.00 ( +5.2%)
June 2021: $197,826.75 (+10.3%)
July 2021: $199, 591.41 (+.89%)
August 2021: $202,218.51 (+1.3%)
September 2021: $201,763.82 (-0.2%)
October 2021: $210,788.99 (+4.5%)
November 2021: $216,066.77 (+2.5%)
December 2021: $224,210.94 (+3.8%)

January 2022: $216,791.87 (-3.3%)
February 2022: $219,450.86  (+1.2%)
March 2022: $227,763.33  (+3.8%)
April 2022: $218,157.28 (-4.2%)
May 2022: $222,539.27 (+2.0%)
June 2022: $215,695.15 (-3.1%)
July 2022 $224,814.72 (+4.2%)
August 2022: $220,642.29
November 2022:  $235,770.22

January 2023: $234,203.04
February 2023: $252,455.35
March 2023: $248,010.19
April 2023:  $261,341.44
May 2023: $264,584.52
June 2023: $274,849.50
July 2023: $268,430.90
August 2023: $274,014.30
September 2023: $287,031.11
October 2023: $285,581.64
November 2023: $293,547.92
December 2023: $311,006.64

January 2024:  $326,332.48
February 2024: $343,716.22
March 2024: $377,322.95
April 2024:  $379,449.35
May 2024: 384,253.59
June 2024: $402,112.14
July 2024: $406,992.58

[shrimpwd]

	2018	2019	2020	2021	2022	2023	2024	2025
January	$6,455	-	$14,460	$34,473	$77,625	$107,916	$304,101	-
February	-	-	$14,991	$36,257	$83,384	$114,364	$306,897	-
March	-	-	$14,632	$38,256	$85,694	$112,955	$315,627	-
April	-	$10,960	$13,884	$47,021	$93,539	$118,460	$322,177	-
May	-	-	$17,011	$52,533	$86,952	$118,924	$317,035	-
June	-	-	$19,255	$54,094	$89,131	$226,232	$323,570	-
July	-	-	$20,358	$55,927	$83,281	$234,961	$327,385	-
August	-	-	$21,993	$58,821	$101,031	$290,312	-	-
September	-	-	$23,312	$67,274	$100,303	$288,681	-	-
October	-	-	$24,777	$67,897	$93,821	$283,917	-	-
November	-	$13,466	$26,407	$72,781	$104,050	$283,091	-	-
December	$9,518	-	$30,697	$73,730	$109,646	$295,542	-	-

Investments up almost $4k for the month. Just did a quick track of spending the past 6 months and I'm over my budget by about 12% (lumpy purchases can do that.) Curious to see what EOY will look like.

[Avolonte]

12/31/18    $30,983
12/31/19    $32,929
12/31/20    $78,996
12/31/21    $135,973
12/31/22    $166,864
12/31/23    $259,121
3/31/24     $301,464
6/30/24     $327,180

Glad to see we're making some progress still--we've had a spendy past few months (camping gear, family vacation...) If we end the year with $350k I'll be happy! Everyone on this thread is doing great! Keep on keeping on :)

[YarnBudget]

Well hello, folks! Very happy to be joining you this month from the 250k thread!

EOY 2019 = $32,211.58
EOY 2020 = $79,741.14
EOY 2021 = $137,899.88
EOY 2022 = $141,965.79
EOY 2023 = $214,272.39
Jan 2024 = $220,715.53 (+$6,443.14)
Feb 2024 = $231,709.07 (+$10,993.54)
Mar 2024 = $242,909.50 (+$11,200.43)
Apr 2024 = $236,738.55 (-$6,170.95)
May 2024 = $249,657.70 (+$12,919.15)
June 2024 = 260,363.33 (+$10,7738.63)

My projections have me graduating in exactly five years. Currently saving 70% (which is only $2800/mo. on my paltry public librarian salary) but my housing situation will change in the next few years and that rate will drop below 50%, so we'll see what happens...

First major goalpost is the inflection point where my investments start making more than I can contribute, which I think is somewhere around $350k

[mgardner88]

7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)

1/8/2021: $63,512 (+7,360)
2/5/2021: $67,571 (+4,059)
3/3/2021: $70,618 (+3,047)
4/2/2021: $74,861 (+4,243)
5/5/2021: $80,447 (+5,586)
6/7/2021: $84,957 (+4,510)
7/6/2021: $90,092 (+5,135)
8/5/2021: $96,511 (+6,419)
9/3/2021: $98,221 (+1,710)
10/8/2021: $101,351 (+3,130)
11/2/2021: $108,952 (+7,601)
12/2/2021: $111,949 (+2,997)

1/5/2022: $119,012 (+7,843)
2/2022: MISSED
3/3/2022: $119,373 (+361)
3/30/2022: $127,293 (+7,920)
5/5/2022: $124,563 (-2,730)
6/1/2022: $126,047 (+1,484)
7/6/2022: $123,834 (-2,213)
8/1/2022: $134,800 (+10,966)
9/1/2022: $135,884 (+1,084)
10/4/2022: $131,765 (-4,119)
11/1/2022: $140,759 (+8,994)
12/1/2022: $153,083 (+12,324)

1/5/2023: $149,173 (-3,910)
2/1/2023: $158,557 (+9,384)
3/2/2023: $161,557 (+3,000)
4/3/2023: $170,948 (+9,396)
5/1/2023: $177,777 (+6,829)
5/31/2023: $181,632 (+3,855)
7/5/2023: $188,234 (+6,602)
8/8/2023: $194,053 (+5,819)
9/5/2023: $196,069 (+2,016)
10/4/2023: $193,897 (-2,172)
11/6/2023: $198,247 (+4,350)
12/1/2023: $206,271 (+8,024)

1/1/2024: $217,857 (+11,586)
1/31/2024: $224,730 (+6,873)
3/1/2024: $235,031 (+10,301)
4/1/2024: $245,339 (+10,308)
5/1/2024: $241,715 (-3,624)
5/30/2024: $251,833 (+10,118)
7/1/2024: $261,459 (+9,626)

Officially been tracking our net worth for 4 years now, which is when we got serious about saving. $215,000 added in that time.

[lcmac32]

12/31/18    $30,983
12/31/19    $32,929
12/31/20    $78,996
12/31/21    $135,973
12/31/22    $166,864
12/31/23    $259,121
3/31/24     $301,464
6/30/24     $327,180

Glad to see we're making some progress still--we've had a spendy past few months (camping gear, family vacation...) If we end the year with $350k I'll be happy! Everyone on this thread is doing great! Keep on keeping on :)

Excited for you and more proof that generally this is the most upbeat forum I have ever participated in.  I have technically graduated, but getting to that $350k by EOY will be great for you.  Good luck!!!

[lcmac32]

Jan 2020 $250,000.00

Mar 2024 $450,987.00
Apr 2024 $464,436.35
May 2024 $445,752.58
Jun 2024  $480,821.29
July 2024 $504,148.64

It is official!  I have graduated and it took 4.5 years to complete.  I will hang out for a few more months as want to be firmly above before I join the next race.  So excited to have made this milestone.  Goal for next race is to complete it in less than 4 years.

Congrats! I’ll try to join you as soon as I can

I am sure you will complete this one in no time.  I will still be here through about October just to make sure I don't fall out immediately.  It was a fun race especially how on a good market the balances can zoom up. 

[JAYSLOL]

7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)

1/8/2021: $63,512 (+7,360)
2/5/2021: $67,571 (+4,059)
3/3/2021: $70,618 (+3,047)
4/2/2021: $74,861 (+4,243)
5/5/2021: $80,447 (+5,586)
6/7/2021: $84,957 (+4,510)
7/6/2021: $90,092 (+5,135)
8/5/2021: $96,511 (+6,419)
9/3/2021: $98,221 (+1,710)
10/8/2021: $101,351 (+3,130)
11/2/2021: $108,952 (+7,601)
12/2/2021: $111,949 (+2,997)

1/5/2022: $119,012 (+7,843)
2/2022: MISSED
3/3/2022: $119,373 (+361)
3/30/2022: $127,293 (+7,920)
5/5/2022: $124,563 (-2,730)
6/1/2022: $126,047 (+1,484)
7/6/2022: $123,834 (-2,213)
8/1/2022: $134,800 (+10,966)
9/1/2022: $135,884 (+1,084)
10/4/2022: $131,765 (-4,119)
11/1/2022: $140,759 (+8,994)
12/1/2022: $153,083 (+12,324)

1/5/2023: $149,173 (-3,910)
2/1/2023: $158,557 (+9,384)
3/2/2023: $161,557 (+3,000)
4/3/2023: $170,948 (+9,396)
5/1/2023: $177,777 (+6,829)
5/31/2023: $181,632 (+3,855)
7/5/2023: $188,234 (+6,602)
8/8/2023: $194,053 (+5,819)
9/5/2023: $196,069 (+2,016)
10/4/2023: $193,897 (-2,172)
11/6/2023: $198,247 (+4,350)
12/1/2023: $206,271 (+8,024)

1/1/2024: $217,857 (+11,586)
1/31/2024: $224,730 (+6,873)
3/1/2024: $235,031 (+10,301)
4/1/2024: $245,339 (+10,308)
5/1/2024: $241,715 (-3,624)
5/30/2024: $251,833 (+10,118)
7/1/2024: $261,459 (+9,626)

Officially been tracking our net worth for 4 years now, which is when we got serious about saving. $215,000 added in that time.

You’re absolutely killing it!

[zygote]

For context: I'm 35 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 (found MMM and started tracking)
3/19: $83,762.93 (1 year tracking)
8/19: $101,572.33 (graduated to the 100-250k thread)
3/20: $118,287.76 (2 years tracking)
3/21: $206,593.43 (3 years tracking)
11/21: $254,300.88 (graduated to the 250-500k thread)
3/22: $251,915.95 (4 years tracking)
3/23: $290,001.63 (5 years tracking)
4/23: $295,028.87 (+$5,027.24, +1.73%)
5/23: $299,553.62 (+$4,524.75, +1.53%)
6/23: $300,997.32 (+$1,443.70, +0.48%)
7/23: $317,122.21 (+$16,124.89, +5.36%)
8/23: $329,712.67 (+$12,590.46, +3.97%)
9/23: $325,165.66 (-$4,547.01, -1.38%)
10/23: $310,326.13 (-$14,839.53, -4.56%)
11/23: $306,837.39 (-$3,488.74, -1.12%)
12/23: $334,911.55 (+$28,074.16, +9.15%)
1/24: $357,616.16 (+$22,704.61, +6.78%)
2/24: $362,117.75 (+$4,501.59, +1.26%)
3/24: $381,059.81 (+$18,942.06, +5.23%)
4/24: $396,130.57 (+$15,070.76, +3.95%)
5/24: $376,749.65 (-$19,380.92, -4.89%)
6/24: $398,060.42 (+$21,310.77, +5.66%)
7/24: $410,497.26 (+$12,436.84, 3.12%)

Finally broke $400k!

[Vindicated]

Home estimate has dropped pretty substantially on Redfin, though my mortgage company still estimates it higher.  I've decided to adjust it down to be more conservative.

It hurts to see a NW reduction, but our investments still grew.  So, it's not all bad.

Net Worth / Investments                         2024                2025                2026                2027                2028                January $229,361 / $154,659 - - - - February $244,573 / $163,859 - - - - March $268,588 / $171,474 - - - - April $261,445 / $168,856 - - - - May $273,526 / $175,739 - - - - June $259,296 / $181,603 - - - - July - - - - - August - - - - - September - - - - - October - - - - - November - - - - - December - - - - -

[RNfi2021]

College years
Dec 2017- ~7,000
Dec 2018- ~8,000
Dec 2019- ~12,000
Dec 2020- ~18,000

April 1st,2022- 101,316.33 6-figure net worth checkpoint!

May 26th, 2023- 206,065.5 Crossing 200k net worth!

Dec 1st, 2023- 255,567.91
Jan 1st, 2024- 276571.68
Feb 1st, 2024- 296929.28
March 1st, 2024- 310123.83
April 1st, 2024- 328759.03
May 1st, 2024- 326132.58
June 1st, 2024- 341659.76
July 1st, 2024- 365079.85

Half year update! 365k hit, surpassed yearly objective with the recent bull market. Can we hit the 400k within 2024?

[lcmac32]

College years
Dec 2017- ~7,000
Dec 2018- ~8,000
Dec 2019- ~12,000
Dec 2020- ~18,000

April 1st,2022- 101,316.33 6-figure net worth checkpoint!

May 26th, 2023- 206,065.5 Crossing 200k net worth!

Dec 1st, 2023- 255,567.91
Jan 1st, 2024- 276571.68
Feb 1st, 2024- 296929.28
March 1st, 2024- 310123.83
April 1st, 2024- 328759.03
May 1st, 2024- 326132.58
June 1st, 2024- 341659.76
July 1st, 2024- 365079.85

Half year update! 365k hit, surpassed yearly objective with the recent bull market. Can we hit the 400k within 2024?

That is some impressive growth!  Keep up the great work!

[Ensheneer]

01 January, 2020 : 0 EUR
01 January, 2021 : 9,499 EUR
01 January, 2022 : 217,370 EUR
01 January, 2023 : 176,482 EUR
01 January, 2024 : 251,449 EUR

01 February, 2024: 262,979 EUR
01 March, 2024: 282,313 EUR (+19,334!)
01 April, 2024: 293,801 EUR
01 May, 2024: 288,430 EUR
01 June, 2024: 293,346 EUR
01 July, 2024: 318,904 EUR (+25,558!)

[poetdereves]

7/1/2022   $104,281.96
8/1/2022   $130,183.28
9/1/2022   $127,931.79
10/1/2022   $128,898.99
11/1/2022   MISSED
12/1/2022   $141,418.82
1/1/2023   $121,714.98
2/1/2023   $142,417.22
3/1/2023   $134,691.79
4/1/2023   $142,945.07
5/1/2023   $149,890.62
6/1/2023   $162,561.19
7/1/2023  $174,911.20
8/1/2023  $187,499.33
9/1/2023 $192,180.06
10/1/2023 $188,633.94
11/1/2023 $202,069.37
12/1/2023 $209,686.68
1/1/2024 $221,242.93
2/1/2024 $232,927.06
3/1/2024 $249,749.58
4/1/2024 $250,729.25
5/1/2024 $257,516.11
6/1/2024 $269,741.20
7/1/2024 $284,089.86 (+$14,348.66)

[FICurious]

	2024	2025	2026	2027	2028
January	$260,470	-	-	-	-
February	$260,200	-	-	-	-
March	$269,213	-	-	-	-
April	$277,837	-	-	-	-
May	$268,052	-	-	-	-
June	$278,669	-	-	-	-
July	$281,323	-	-	-	-
August	-	-	-	-	-
September	-	-	-	-	-
October	-	-	-	-	-
November	-	-	-	-	-
December	-	-	-	-	-

[lcmac32]

Well hello, folks! Very happy to be joining you this month from the 250k thread!

EOY 2019 = $32,211.58
EOY 2020 = $79,741.14
EOY 2021 = $137,899.88
EOY 2022 = $141,965.79
EOY 2023 = $214,272.39
Jan 2024 = $220,715.53 (+$6,443.14)
Feb 2024 = $231,709.07 (+$10,993.54)
Mar 2024 = $242,909.50 (+$11,200.43)
Apr 2024 = $236,738.55 (-$6,170.95)
May 2024 = $249,657.70 (+$12,919.15)
June 2024 = 260,363.33 (+$10,7738.63)

My projections have me graduating in exactly five years. Currently saving 70% (which is only $2800/mo. on my paltry public librarian salary) but my housing situation will change in the next few years and that rate will drop below 50%, so we'll see what happens...

First major goalpost is the inflection point where my investments start making more than I can contribute, which I think is somewhere around $350k

70% and 50% savings rates are fantastic!  I would be retired already had I achieved that.  So strong!

[JAYSLOL]

Well hello, folks! Very happy to be joining you this month from the 250k thread!

EOY 2019 = $32,211.58
EOY 2020 = $79,741.14
EOY 2021 = $137,899.88
EOY 2022 = $141,965.79
EOY 2023 = $214,272.39
Jan 2024 = $220,715.53 (+$6,443.14)
Feb 2024 = $231,709.07 (+$10,993.54)
Mar 2024 = $242,909.50 (+$11,200.43)
Apr 2024 = $236,738.55 (-$6,170.95)
May 2024 = $249,657.70 (+$12,919.15)
June 2024 = 260,363.33 (+$10,7738.63)

My projections have me graduating in exactly five years. Currently saving 70% (which is only $2800/mo. on my paltry public librarian salary) but my housing situation will change in the next few years and that rate will drop below 50%, so we'll see what happens...

First major goalpost is the inflection point where my investments start making more than I can contribute, which I think is somewhere around $350k

70% and 50% savings rates are fantastic!  I would be retired already had I achieved that.  So strong!

Yeah I’m going to second that, 50%-70% SR is phenomenal, and especially when on a lower salary those are absurdly hard targets to reach.

[FI-REality]

2016 - $106,000
2017 - $126,000
2018 - $165,000
2019 - $184,000
2020 - $216,400
2021 - $240,000
2022 - $288,000
2023 - $240,000

2024
Jan - $269,000
Jul  - $302,000

Only $250,000 behind my 2018 projections, haha.

Current FI estimate: 12 years, 6 months
Current RE estimate: 19 years, 9 months

[lcmac32]

38, male. Just surpassed 400k. Hoping to reach 1M by 2030, currently 95% Index ETFs & 5% Cash with 3.5% interest.

Q1 2013    3,321 €
Q2 2013    8,302 €
Q3 2013    13,282 €
Q4 2013    14,982 €
Q1 2014    14,982 €
Q2 2014    14,982 €
Q3 2014    28,311 €
Q4 2014    33,311 €
Q1 2015    34,561 €
Q2 2015    42,061 €
Q3 2015    48,062 €
Q4  2015    52,587 €
Q1 2016    52,587 €
Q2 2016    55,564 €
Q3 2016    56,002 €
Q4 2016    77,212 €
Q1 2017    77,377 €
Q2 2017    81,707 €
Q3 2017    93,248 €
Q4 2017    94,294 €
Q1 2018    93,698 €
Q2 2018    104,281 €
Q3 2018    111,209 €
Q4 2018    133,259 €
Q1 2019    145,517 €
Q2 2019    148,847 €
Q4 2019    150,337 €
Q4 2019    168,996 €
Q1 2020    149,389 €
Q2 2020    169,771 €
Q3 2020    170,814 €
Q4 2020    200,790 €
Q1 2021    211,287 €
Q2 2021    229,476 €
Q3 2021    201,593 €
Q4 2021    212,274 €
Q1 2022    260,129 €
Q2 2022    273,920 €
Q3 2022    318,823 €
Q4 2022    327,845 €
Q1 2023    337,980 €
Q2 2023    368,485 €
Q3 2023    371,306 €
Q4 2023    386,306 €
Q1 2024    412,820 €

Das ist einfach super!  Ich glaube schon daί du bald zur naechsten Gruppe bald sien verdest. (It has been 30 years since I lived in Germany, but couldn't resist dusting off my language skills.  Congrats on the great progress!)

[lcmac32]

It is getting dicey that I stay graduated from the thread.  IRA  back below the $500k mark.  The summer swoon may have arrived, but I see it a buy opportunities.

[CanadianTeacher]

Markets weren't so great this month, and no employment income as I'm offer for the summer as a teacher. Online income keeping me afloat.


January 2018: $18,944.35
February 2018: $22,047.46
March 2018: $23,463.61
April 2018: $24,224.19
May 2018: $26,173
Jun 2018: $29,519.62
October 2018: $29,676.50
November 2018: $32,923.90
December 2018: $34,394.85

January 2019: $39,825.43
February 2019: $43,508.66
April 2019: $48,394.91
July 2019: $80,041.52
December 2019: $86,963.15

January 2020: $96,301.56
February 2020: $101,272.15.
March 2020: $102,362.65
April 2020: $98,415.77
May 2020:$111,832.84
June 2020: $116,958.23
July 2020: $125,945.15
August 2020: $130,494.78
September 2020: $136,844.71
October 2020: $131,422.24
November 2020: $133,493.15
December 2020: $147,149.14

January 2021: $149,313.19
February 2021: $158,168.99 (+5.9%)
March 2021: $159.365.46 (+0.8%)
April 2021: $170,344.02 (+6.9%)
May 2021: $179,276.00 ( +5.2%)
June 2021: $197,826.75 (+10.3%)
July 2021: $199, 591.41 (+.89%)
August 2021: $202,218.51 (+1.3%)
September 2021: $201,763.82 (-0.2%)
October 2021: $210,788.99 (+4.5%)
November 2021: $216,066.77 (+2.5%)
December 2021: $224,210.94 (+3.8%)

January 2022: $216,791.87 (-3.3%)
February 2022: $219,450.86  (+1.2%)
March 2022: $227,763.33  (+3.8%)
April 2022: $218,157.28 (-4.2%)
May 2022: $222,539.27 (+2.0%)
June 2022: $215,695.15 (-3.1%)
July 2022 $224,814.72 (+4.2%)
August 2022: $220,642.29
November 2022:  $235,770.22

January 2023: $234,203.04
February 2023: $252,455.35
March 2023: $248,010.19
April 2023:  $261,341.44
May 2023: $264,584.52
June 2023: $274,849.50
July 2023: $268,430.90
August 2023: $274,014.30
September 2023: $287,031.11
October 2023: $285,581.64
November 2023: $293,547.92
December 2023: $311,006.64

January 2024:  $326,332.48
February 2024: $343,716.22
March 2024: $377,322.95
April 2024:  $379,449.35
May 2024: 384,253.59
June 2024: $402,112.14
July 2024: $406,992.58
August 2024: $406,314.90

[lcmac32]

Well done! @CanadianTeacher

[JAYSLOL]

Markets weren't so great this month, and no employment income as I'm offer for the summer as a teacher. Online income keeping me afloat.

I’m also sitting at almost exactly what I had this time last month, almost glad to have a pause, could use a discount on investing after that crazy run the market went on. 

[FICurious]

	2024	2025	2026	2027	2028
January	$260,470	-	-	-	-
February	$260,200	-	-	-	-
March	$269,213	-	-	-	-
April	$277,837	-	-	-	-
May	$268,052	-	-	-	-
June	$278,669	-	-	-	-
July	$281,323	-	-	-	-
August	$294,760	-	-	-	-
September	-	-	-	-	-
October	-	-	-	-	-
November	-	-	-	-	-
December	-	-	-	-	-

[JAYSLOL]

2024
Jan 1st - $254,600 (+$3,600)
Feb 1st - $260,400 (+$5,800)
Mar 1st - $275,000 (+$14,600)
Apr 1st - $286,600 (+$11,600)
May 1st - $288,700 (+$2,100)
June 1st - $306,200 (+$17,500)
July 1st - $316,400 (+$10,200)
Aug 1st - $324,300 (+$7,900)

*edited to fix typo

[RWD]

July 1st - $316,400 (+$10,200)
Aug 1st - $234,300 (+$7,900)

Looks like you transposed the first two digits.

[Ensheneer]

01 January, 2020 : 0 EUR
01 January, 2021 : 9,499 EUR
01 January, 2022 : 217,370 EUR
01 January, 2023 : 176,482 EUR
01 January, 2024 : 251,449 EUR

01 February, 2024: 262,979 EUR
01 March, 2024: 282,313 EUR (+19,334!)
01 April, 2024: 293,801 EUR
01 May, 2024: 288,430 EUR
01 June, 2024: 293,346 EUR
01 July, 2024: 318,904 EUR (+25,558!)
01 August, 2024: 316,669 EUR

[lcmac32]

I barely stayed graduated to the next race.  I ended July 31, 2024 with $503,000.00.  The summer swoon appears to be on, so will still stay here a bit longer.

[JAYSLOL]

July 1st - $316,400 (+$10,200)
Aug 1st - $234,300 (+$7,900)

Looks like you transposed the first two digits.

Yep, lol. That’s what happens when I get two hours of sleep and then try to do math/writing lol.