Race from 250 to 500k!

[Rife]

Hello everyone, I am joining using my investments as a basis. We have another 200000 or so in house equity, but that is hard to judge exactly what we would get if we tried to sell. I know exactly how much is in my investment portfolio. Currently, this is mostly 401k, with some HSA, and college fund. One goal for this year is to start building up non-401k investments.

Jan 2017: $305,000

[SAfAmBrit]

Hoping to be at $500,000 in 08/2018.

July 2016 - $257,306
August 2016 - $264,625
September 2016 - $270,695
October 2016 - $283528
November 2016 - $291396
December 2016 - $295603
January 2017 - $303,195

Hoping for $400,000 by December 2017. All going well the house will be paid 09/17 which will leave a few months for large investment deposits. I still cannot believe we jumped for a NW of $8,000 in 2013 to $303,195 in 2017. Imagine where we would be if we had started this sooner!

[Morning Glory]

According to Mint I hit 250,055  today!!!

Granted this is due to market gains (my NW went up by close to 2x gross earnings this month). My goal is 300 by the end of the year if the stock market continues to increase, or 280 if it stays the same or goes down.

I am including home equity + retirement accounts, taxable accounts, and savings/checking that are in my name. I am not including my husband's 401k, bank account, or Robin Hood account (mainly because I don't have this information in Mint).

[TheAnonOne]

According to Mint I hit 250,055  today!!!

Granted this is due to market gains (my NW went up by close to 2x gross earnings this month). My goal is 300 by the end of the year if the stock market continues to increase, or 280 if it stays the same or goes down.

I am including home equity + retirement accounts, taxable accounts, and savings/checking that are in my name. I am not including my husband's 401k, bank account, or Robin Hood account (mainly because I don't have this information in Mint).

Welcome aboard! This is like the MMM middle class, we look down from our lofty peaks at sub-quarter-millionaires and gaze stary-eyed up at the clouds and wonder if someone is looking back at us from the "500->1m" thread.

[TheAnonOne]

Coming back to update...

2015 DEC	:	252k
-	-
2016 JAN	:	260k	(+8k)
2016 FEB	:	281k	(+21k)
2016 MAR	:	285k	(+4k)
2016 APR	:	298k	(+13k)
2016 MAY	:	305k	(+7k)
2016 JUN	:	307k	(+2k)
2016 JUL	:	320k	(+13k)
2016 AUG	:	326k	(+6k)
2016 SEP	:	336k	(+10k)
2016 OCT	:	337k	(+1k)
2016 NOV	:	361k	(+24k)
2016 DEC	:	368k	(+7k)
-	-
2017 JAN	:	382k	(+14k)
2017 FEB	:	403k	(+21k)

+$35k this year! Aiming, for just under 100k in any given year of savings. Though, I am really only tracking worth gains, not savings directly. (So it includes gains/losses in the market) Given 10 month(s) left, and (67k) more to go, I should hit this goal!

401k MAXED (Mine only, Wife's is going per check all year)
IRA MAXED (Mine only, Wife's is getting maxed in 2 weeks)

[garth]

Another month where we added $10k+ to the coffers. We've been up every month since last January, but I expect that trend will be hard to sustain as our holdings grow.

Seems pretty unlikely that we hit $400k next month. Especially since I'm hoping to get our interior painted (to the tune of $6k). Nevertheless, 400 grand is the next domino to fall. 

Nov 15: $255k
Dec 15: $256k
Jan 16: $241k
Feb 16: $255k
Mar 16: $277k
Apr 16: $290k
May 16: $294k
Jun 16: $305k
Jul 16: $330k
Aug 16: $336k
Sept 16: $345k
Oct 16: $351k
Nov 16: $363k
Dec 16: $376k
Jan 17: $387k

[JJ-]

Hello everybody. Starting here after graduating from the $100k-$250k thread.

Jan 2017  $275k

[boarder42]

8/1/16 - 375k
9/1/16 - 382k
10/1/16 - 391.5k
11/1/16 - 390.2k
12/1/16 - 404k / 550k networth
1/1/17 - 450k / 600k NW
2/1/17 - 461k / 607k NW

hate how my company does stock.  NW is probably 8k higher right now but i wont know til april when the external company evaluates our company and gives us a share price.  This will likely lead to 1 extra year "worked"(i plan to take lots of unpaid time off my final year. 

[dandypandys]

 2015
    Jan 1st: 98,437.97
    Feb 1st: $96,898.03
    Mar 1st: $103,345.54
    Apr 1st: $103,819.64
    May 1st $105,766.12
    Jun 1st $106,565.54
    Jul 1st: $105,252.33
    Aug 1st: $106,267.37
    Sept 1st: $99,122.12
    Oct 1st: $99,291.91
    Nov 1st: $105,204.00
    Dec 1st : $107,535.51

    2016
    Jan 1st:$104,592.84
    Feb 1st: $99,467.66
    March 1st:$101, 189.11
    April 1st: $107,119.81
    May 1st: $107,369.22
    June 1st: $110,836.03  my contributions went up this month to 10%
    July 1st: $112,327.7
    Aug 1st: $116,833.52  upped contributions to 10.5%
    Sept 1st: $118,564.37
    Oct 1st   $229,717.00 Paid off the condo this month :) and included as an asset going forth.
    Nov 1st  $232,973 upped contributions again this month 21.5%- next month will be 30% :)
    Dec 1st $237,953.93   

2017
Jan 1st: 252k
Feb 1st: 257k

We worked hard figuring stuff out last month and thus we contributed 5.5 to each of our tIRAs for 2016 and saved some taxes :) Next up is the 2017 amount then back to funding the 403b higher.

[kapnfriday]

8-2016: $369,217
9-2016: $373,735
10-2016: $369,721
11-2016: $385,057
12-2016: $399,209
1-2017: $408,813

I suspect our invested asset gains will start to become more modest over the next several months as we've decided to change directions a bit and knock out the one thing that is really holding us back: the mortgage on the second home.  We owe $158k on our cabin and have decided to try and pay it off within 5 years. We're not making any changes to 403b/401k contributions so hopefully the invested assets will still continue to climb even it is a bit more slowly.

[MayDay]

And I'm out!

We hit 503K in Jan.  2 years 4 months from when we were at 250K. 

Its been fun ;)

[BiscuitsForBreakfast]

5/2016:   270,841
.
.
.
9/2016:   293,421
10/2016: 300,718
11/2016: 306,352
12/2016: 305,872 (numbers moving in the wrong direction...in part because I paid my property tax this month)
1/2017:   314,799

Most months this number increases by more than my salary...i will never get tired of that magic!

[RWD]

And I'm out!

We hit 503K in Jan.  2 years 4 months from when we were at 250K. 

Its been fun ;)

Congrats! I'm also expecting it to take us a little over two years.

[OurTown]

Went back and corrected January's number.

Jan. 1, 2017 = 461
Feb. 1, 2017 = 471

[JustGettingStarted1980]

Nice Play, MayDay!

[bownyboy]

Evening Everyone!

Its a new month and a big update from me:

• Jan 2017 - £346,854
  
• Feb 2017 - £388,581

A jump of £41,730 after discovering an old pension that I had taken out in 1991 using the Pensions Tracing Service the UK Government set-up last year. To say I was surprised would be an understatement!

My updated forecast has us hitting £500k in March 2019.

[Sonos]

I thought we were started with $230k, but Mint says we started this year with $180k in (non-real estate) investments. I must have been using some funky math. Regardless, I'll stick around in this forum and see if we can zoom ahead to $500k in non-real estate investments in the next year.

Jan 2016     $180,487.51
Feb 2016     $178,807.52
Mar 2016     $199,641.29
Apr 2016     $204,317.21
May 2016     $216,872.88
Jun 2016     $215,555.15
Jul 2016      $225,610.86
Aug 2016    $227,604.82
Sep 2016    $228,110.44
Oct 2016     $224,346.64
Nov 2016     $229,089.55
Dec 2016     $233,098.66

Figured out part the problem, in December, I wasn't counting a couple of smaller accounts that I forgot about/were not in Mint. Adding in these overlooked accounts brings us to:

Jan 2017    $295,303.00

[jorjor]

Cash & invested / including home equity:
Nov 15: $165k / $236k
Dec 15: $162k / $257k
Jan 16: $152k / $259k
Feb 16: $166k / $275k
Mar 16: $185k / $295k
Apr 16: $192k / $305k
May 16: $201k/ $315k
Jun 16: $204k / $320k
Jul 16: $221k / $339k
Aug 16: $227k / $347k
Sep 16: $230k / $352k
Oct 16: $234k / $357k
Nov 16: $242k / $367k
Dec 16: $276k / $403k
Jan 16: $289k / $419k

I didn't count it, but a house just down the block just told for an amount that would value mine for about $60k more than I'm currently using if valued at the same $/sq ft (reasonable assumption given since both were updated at around the same time).

[skcook]

Update (as always, includes investments, cash on hand, and home equity):

Feb 2017 - $418k
Jan 2017 - $410k
Oct 2016 - $370k
Sep 2016 - $330k

I know the latest number is higher than expected due to an increase in my home value estimate between October and January, but I'm still pretty pumped about the upward trajectory of our number. I have a general stretch goal of getting to $500k by the end of 2018, but I'm now more sanguine about us getting there at least a few months earlier than that.

Wondering if people include 529 savings in their NW number. I don't, mostly because I don't think of it as my money anymore, but I was just curious.

[tightwaddy]

Has been a long time since I checked in, during which time I used emergency fund to pay off mortgage $(~$30K) so I took a bit of a hit on liquid NW but new totals:

Invested (& Investable)
April 9, 2016:  $319,737
May 6, 2016: $325,093
June 8, 2016: $332,224
July 11, 2016:$337,287
August 8, 2016: $341,304
February 9, 2017: $361,822


Net Worth (Including Home Equity)
April 9, 2016:  $619,505
May 6, 2016: $629,924
June 8, 2016: $645,682
July 11, 2016: $687,219 (huge Zillow estimate increase ?)
August 8, 2016: $695,238 (Zillow decreased about $6K since last month)
February 9, 2017: $735,811 (Zillow down again--not taking any of the home equity too seriously)

[4n6]

We are sitting at 252k as of today. I am sure we will go down before 250k before hopefully hitting 300k by the end of the year if we have a good year.

[jessicat]

I am jumping in.  I am only doing investments.   Our house is paid off.  We are hoping it will only take us 2 years to hit 500k


February 2017-359k

[tightwaddy]

I am jumping in.  I am only doing investments.   Our house is paid off.  We are hoping it will only take us 2 years to hit 500k

February 2017-359k

Seem to be tracking right along side you--$361k, looking to hit $500 by 12/31/2018.  No mortgage.

[jessicat]

Tightwaddy  I am happy to have someone in a similar situation to watch and cheer on!

[skip207]

1/1/16 = £288,240
1/1/17 = £374,668

Working away so late update.

1/2/17 = £388,289

ETA £500k = Q1 2019

[skip207]

Forgot to say might take a bit of a hit next month, probably going to pay off some debt (£10k ish).
 

[Replicated]

Been a lurker for far too long, figured it's time to join the fray. Recently I've been quite lucky regarding market timing (I switched jobs and happened to rollover a 401k to an IRA at the right time) and the housing market. I'm not a market timer by any means, I just became one during the rollover from a job change.

01/26/16 - $236,000
03/02/16 - $251,000
04/11/16 - $274,000
05/02/16 - $284,000
06/06/16 - $292,000
07/04/16 - $296,000
08/01/16 - $312,000
09/06/16 - $344,000
10/01/16 - $374,000
11/04/16 - $365,000
12/05/16 - $385,000
01/04/17 - $391,000
02/01/17 - $404,000

[boarder42]

it will likely be april or may when we hit it if the market continues and i get my Opening day ticket investment sold.  sitting around 485k invested. right now if you include the assumed ESOP contribution and share price increase i'm projecting. so 15k isnt far off.  5k per month going in plus gains plus extras from external hustles should push us up there about 2-3 months prior to expectations.

[Enough]

why not try doing 250 to 500 in quicker time than you did 100 to 250?

Last post in 100-250k here: http://forum.mrmoneymustache.com/throw-down-the-gauntlet/race-from-100-to-250k/msg1440605/#msg1440605

Took me 26 months to go from 100-250, so that would require me to hit 500k on or before April 30th 2019.  Projection shows hitting it ~Jan 2021 at the current rate.  Slow and steady :)

[SAfAmBrit]

 Hoping to be at $500,000 in 08/2018.

July 2016 - $257,306
August 2016 - $264,625
September 2016 - $270,695
October 2016 - $283528
November 2016 - $291396
December 2016 - $295603
January 2017 - $303,195
February 2017 - $314,589

A good strong month for us.

[garth]

Just crossed $400k this morning and only made it because our house painter hasn't cashed his check yet, but I'm going to celebrate the milestone anyway, however brief. Investments should top $350k sometime in March.

Nov 15: $255k
Dec 15: $256k
Jan 16: $241k
Feb 16: $255k
Mar 16: $277k
Apr 16: $290k
May 16: $294k
Jun 16: $305k
Jul 16: $330k
Aug 16: $336k
Sept 16: $345k
Oct 16: $351k
Nov 16: $363k
Dec 16: $376k
Jan 17: $387k
Feb 17: $404k

[boarder42]

8/1/16 - 375k
9/1/16 - 382k
10/1/16 - 391.5k
11/1/16 - 390.2k
12/1/16 - 404k / 550k networth
1/1/17 - 450k / 600k NW
2/1/17 - 461k / 607k NW
3/1/17 - 479k / 628k NW

have 6500 invested in Opening day baseball tickets not included as well as a company share price increase that we will find out april 12th that was effective Jan 1.  based on conservative projection on those 2 we are probably sitting around 500k right now but i'll wait til the money hits the bank.

[FIreDrill]

We have officially broken the 300k mark.  It's been a wild market ride the last couple months so who knows where we will be at the end of the year.  I'd love to surpass 300k invested with a total NW of 375k but that would definitely be a stretch goal.  Updated numbers below.


End Of
2014-Q1:                $55,471
2014-Q2:                $78,319
2014-Q3:                $84,251
2014-Q4:                $106,801
2015-Q1:                $126,464
2015-Q2:                $145,996
2015-Q3:                $151,957
2015-Q4:                $203,486
2016-Q1:                $217,931
2016-Q2:                $233,784
2016-Q3:                $255,000
2016-Q4:                $276,375

Current:                  $304,248

Sent from my SM-G935F using Tapatalk

[skcook]

Update (monthly these days, as I am still on leave and kind of bored):

Feb 2017 - $433k
Jan 2017 - $410k
Oct 2016 - $370k
Sep 2016 - $330k

[TheAnonOne]

Coming back to update...

2015 DEC	:	252k
-	-
2016 JAN	:	260k	(+8k)
2016 FEB	:	281k	(+21k)
2016 MAR	:	285k	(+4k)
2016 APR	:	298k	(+13k)
2016 MAY	:	305k	(+7k)
2016 JUN	:	307k	(+2k)
2016 JUL	:	320k	(+13k)
2016 AUG	:	326k	(+6k)
2016 SEP	:	336k	(+10k)
2016 OCT	:	337k	(+1k)
2016 NOV	:	361k	(+24k)
2016 DEC	:	368k	(+7k)
-	-
2017 JAN	:	382k	(+14k)
2017 FEB	:	403k	(+21k)

+$35k this year! Aiming, for just under 100k in any given year of savings. Though, I am really only tracking worth gains, not savings directly. (So it includes gains/losses in the market) Given 10 month(s) left, and (67k) more to go, I should hit this goal!

401k MAXED (Mine only, Wife's is going per check all year)
IRA MAXED (Mine only, Wife's is getting maxed in 2 weeks)

[OurTown]

Jan. 1, 2017 = 461
Feb. 1, 2017 = 471
Mar. 1, 2017 = 482

[JJ-]

Hello everybody. Starting here after graduating from the $100k-$250k thread.

Jan 2017  $275k

Feb 2017  $287k

I guess this is where all the numbers start to go up faster? All NW is investment/cash.

[bownyboy]

Back for update. Been a good month with £10.5k increase in investments (including contributions). However some larger out of pocket expenses have lowered the overall increase to £8.5k.

• Jan 2017 - £346,854
• Feb 2017 - £388,581
• Mar 2017 - £396,119

Nearly at £400k which is great. Target for £500k is now Feb 2019.

Good luck everyone!

[Morning Glory]

Jan 1: 236,254
Feb 1: 250,055
Mar 1: 262,196
Last couple months have seen great gains. I think about 5k of this is increase in my home value estimate. I include home equity because I still have a large mortgage (more than the value of cash + investments). Also market gains and increased savings rate. Starting to hold more cash now for upcoming expenses so next month might not be as big.

[boarder42]

Hello everybody. Starting here after graduating from the $100k-$250k thread.

Jan 2017  $275k

Feb 2017  $287k

I guess this is where all the numbers start to go up faster? All NW is investment/cash.

it snowballed pretty fast for us.  we were 250k invested around november 2015 ... will hit 500k around the end of this month beginning of next.

[dandypandys]

2015
    Jan 1st: 98,437.97
    Feb 1st: $96,898.03
    Mar 1st: $103,345.54
    Apr 1st: $103,819.64
    May 1st $105,766.12
    Jun 1st $106,565.54
    Jul 1st: $105,252.33
    Aug 1st: $106,267.37
    Sept 1st: $99,122.12
    Oct 1st: $99,291.91
    Nov 1st: $105,204.00
    Dec 1st : $107,535.51

    2016
    Jan 1st:$104,592.84
    Feb 1st: $99,467.66
    March 1st:$101, 189.11
    April 1st: $107,119.81
    May 1st: $107,369.22
    June 1st: $110,836.03  my contributions went up this month to 10%
    July 1st: $112,327.7
    Aug 1st: $116,833.52  upped contributions to 10.5%
    Sept 1st: $118,564.37
    Oct 1st   $229,717.00 Paid off the condo this month :) and included as an asset going forth.
    Nov 1st  $232,973 upped contributions again this month 21.5%- next month will be 30% :)
    Dec 1st $237,953.93   

2017
Jan 1st: 252k
Feb 1st: 257k
Mar 1st: 269k    (4k back in taxes :)

[kapnfriday]

8-2016: $369,217
9-2016: $373,735 (+$4.5k)
10-2016: $369,721 (-$4.0k)
11-2016: $385,057 (+$15.3k)
12-2016: $399,209 (+$14.1k)
1-2017: $408,813 (+$9.6k)
2-2017: $427,041 (+$18.2k)

Updated with February's numbers.  Our money is starting to work harder than we can - gotta love that.  Investment gains were well above our job earnings even after subtracting our contributions from total gains. 

[jorjor]

Cash & invested / including home equity:
Nov 15: $165k / $236k
Dec 15: $162k / $257k
Jan 16: $152k / $259k
Feb 16: $166k / $275k
Mar 16: $185k / $295k
Apr 16: $192k / $305k
May 16: $201k/ $315k
Jun 16: $204k / $320k
Jul 16: $221k / $339k
Aug 16: $227k / $347k
Sep 16: $230k / $352k
Oct 16: $234k / $357k
Nov 16: $242k / $367k
Dec 16: $276k / $403k
Jan 16: $289k / $419k
Feb 16: $317k / $448k

My big annual 401k/profit sharing contribution hit my account, hence the bigger than normal jump.

[skip207]

1/1/16 = £288,240
1/1/17 = £374,668
1/2/17 = £388,289
1/3/17 = £386,895

Paid off the last debts (excl mortgage) from house move 12 months ago.  Considering this was £11k ish I have done well to limit the loss to a couple of k off the NW.
Target now is to reach and pass £400k by the end of the year.

[JJ-]

it snowballed pretty fast for us.  we were 250k invested around november 2015 ... will hit 500k around the end of this month beginning of next.

That's encouraging to hear and congrats!

[babystache89]

Excited to finally join this thread! I just closed on my first (non-rental property) house today, so am expecting relatively slow progress next month as I furnish and fix it up, but am pretty pumped nonetheless.

9/1/16: $217,000
10/1/16: $220,000
11/1/16: $232,000
12/1/16: $234,500
1/1/17: $238,500
2/1/17: $245,000
3/1/17: $254,000

[FIreDrill]

Excited to finally join this thread! I just closed on my first (non-rental property) house today, so am expecting relatively slow progress next month as I furnish and fix it up, but am pretty pumped nonetheless.

9/1/16: $217,000
10/1/16: $220,000
11/1/16: $232,000
12/1/16: $234,500
1/1/17: $238,500
2/1/17: $245,000
3/1/17: $254,000

Congratulations and welcome!

Sent from my SM-G935F using Tapatalk

[CdnChris]

First post in this thread!
March 1st: $271,698.51

Have had a great savings rate for the last year. At the beginning of 2016 we were aiming for 50K in savings for the year, thought an extreme goal was 100K and exceeded that target. Do not think we will be able to repeat this ; lots of work hours last year and family and I need a break. Planning for over $300K net worth by the end of the year (again, what we thought was a stretch target last year).

Happy to be here, and wondering (hoping?) if this is the last thread we are in prior to FIRE.

[TheAnonOne]

First post in this thread!
March 1st: $271,698.51

Have had a great savings rate for the last year. At the beginning of 2016 we were aiming for 50K in savings for the year, thought an extreme goal was 100K and exceeded that target. Do not think we will be able to repeat this ; lots of work hours last year and family and I need a break. Planning for over $300K net worth by the end of the year (again, what we thought was a stretch target last year).

Happy to be here, and wondering (hoping?) if this is the last thread we are in prior to FIRE.

Wow! Great job!

Are you planning on FIRE with less than 500k?

Sent from my SM-G935T using Tapatalk

[YellowCat]

Dec 2014: $190,811
Mar 2015: $238,653 (+$47,842)
Jun 2015: $262,010 (+$23,357)
Sep 2015: $276,420 (+$14,410)
Dec 2015: $310,350 (+$33,930)
Jan 2016: $307,436 (-$2,914)
Feb 2016: $315,430 (+$7,994)
Mar 2016: $340,739 (+$25,309)
Apr 2016: $356,946 (+$16,207)
May 2016: $370,408 (+$13,462)
June 2016: $377,258 (+$6,850)
July 2016: $397,978 (+$20,720)
August 2016: $403,403 (+$5,425)
January 2017: $444,411 (+$41,008)
February 2017: $466,365 (+$21,954)

It was a crazy month in the market! The February total includes just over $49k in home equity.